The fees for no service issue with financial institutions was always going to end up flowing to amounts paid by super funds to unions.
These payments aren't in my interest. Much like fines and reimbursements paid by financial institutions, I'd like reimbursements from unions and fines on these large super funds, and not paid out of member benefits.
I'm not sure how amounts paid to unions for member education or some types of health and wellbeing are of any benefit to super fund members who are not in a union.
Stopping these fees also is the key to stopping super wars. Labor is motivated to drive people to industry funds, and Liberals to do the reverse, while fees from these funds end up funding Labor election campaigns.