Better admin could save Australian pensions $1bn a year, says Cooper

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AUSTRALIA - Australia's savings could grow by another billion dollars a year with the use of better back-office administration, former corporate regulator Jeremy Cooper has said.

Cooper, whose review into Australia's pension system was released earlier this month (GP Online, July 5) , said it cost the superannuation industry about A$3bn to A$3.5bn a year to administer the c...

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