Original article by Sally Patten
The Australian Financial Review – Page: 15 : 11-Jul-17

Australia’s retail superannuation funds argue that fees would be lower and there would be more product innovative if there was increased competition in the default super sector. Nicholas Barr, the professor of public economics at the London School of Economics, argues against allowing more competition in the case of complex financial products, as many consumers lack the time or skills to fully assess such products and decide which is most suitable for them.

CORPORATES
LONDON SCHOOL OF ECONOMICS, FINANCIAL SERVICES COUNCIL, AUSTRALIA. PRODUCTIVITY COMMISSION, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA