So what this article suggests is that Esuper gets a commission from ANZ, CBA, Commsec? etc and that is one of the reasons as to why they can provide a cheap service.
While I deplore the lack of transparency and would certainly consider switching to another provider that provides a similar service with similar costs and greater transparency, I do not really see how the commissions have an adverse impact on the fund. The overall costs that I incur through Esuper are substantially lower than through many other providers.
I suspect, but really have no evidence, that some higher cost providers would also take commissions.
I too would be interested in hearing of other low cost providers with greater transparency.
