I think you're right, they've shelved their plans for more fee reductions. Although that does increase the risk of putting APRA offside given the planned legislation to put more pressure on Super funds that are not delivering benefits to members. The average fee on Super is 1.2% and tracking towards 1% - AEF should be aiming to get closer to the average and avoiding any potential regulator issues.
AEF Price at posting:
$112.00 Sentiment: Sell Disclosure: Not Held
