What is it about?
The paper argues that many charges in pensions systems are not related to cost but allow rents to be extracted by service providers.
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Why is it important?
In Australia alone, the effect of these costs is a hundreds of billions of dollars of wealth tranfer from the pensions system to the financial services sector.
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This page is a summary of: Do it once, get it right: Wholesale regulatory intervention in price and cost disclosure, Law and Financial Markets Review, October 2017, Taylor & Francis,
DOI: 10.1080/17521440.2017.1375217.
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