The good news is fees are slowly coming down as it becomes clear most funds provide no value (in stability nor excess return) over an index. In Australia supera

The good news is fees are slowly coming down as it becomes clear most funds provide no value (in stability nor excess return) over an index. In Australia superannuation (retirement fund) fees were $30 billion last year, or 1.6% of GDP. Thats still a lot of money going to small number of people who are not providing much value over the funds charging 0.1%.