Superannuation
Watchdog sets sights on protecting retirees’ pensions
3 September
Protecting hard-earned investments from roll-of-the-dice funds will receive more attention as three million Australians approach retirement age in the next decade. Australia’s corporate watchdog on Tuesday revealed superannuation trustees would be...[Read More]
Break ‘piggy bank mentality’: super fund call to action
3 September
Australia’s leaders should take a “build to sell” approach to nation-building projects to create investment opportunities for super funds, in order for the sector to play a role in economic renewal. AustralianSuper chief executive Paul...[Read More]
Tax perks on super for retirees ‘deserved’: treasurer
27 August
Retirees still deserve concessional treatment on their superannuation, the treasurer says, despite mounting calls for an overhaul of the tax system. Jim Chalmers said fairness for younger generations needed to be considered as part of any change to...[Read More]
3 Helpful tips to grow your superannuation
21 August
Retirement is a period most people eagerly anticipate. It’s that wonderful stage of life when you can finally unwind and spend your time as you please. You can even spend retirement focusing on the businesses you’ve been planning and have put...[Read More]
What’s the difference between conventional superannuation and a self-managed super fund (SMSF)?
14 August
Superannuation is an essential part of planning for retirement in Australia. For most people, it quietly grows in the background through employer contributions and investment earnings. But did you know there’s more than one way to manage your...[Read More]
Is a self-managed super fund right for you?
7 August
Self-Managed Superannuation Funds (SMSFs) offer individuals direct control over their retirement savings, providing the flexibility to tailor investment strategies specifically suited to their personal financial goals and risk...[Read More]
Top 5 dos and don’ts when seeking advice from a financial services professional
24 July
Seeking guidance from a financial services professional can be one of the smartest moves you make. Whether you’re saving for retirement, protecting your assets, or navigating complex tax matters. However, the value you gain depends on how you...[Read More]
Double-digit returns for most ‘growth’ super funds
23 July
Most growth superannuation funds achieved double-digit returns last financial year, buoyed by a strong performance by equities despite trade tensions and war in the Middle East, a new report says. The median growth fund posted a 10.5 per cent return...[Read More]
Big bank’s tax vision bucks business lobby, coalition
16 July
Superannuation concession limits and a wealth tax could unlock national economic productivity, Australia’s largest bank says, but others call them a “war on aspiration”. Many have been some surprised and some incensed by the Commonwealth...[Read More]
Making the most of your FIFO years: 10 tips for money and life
10 July
Working Fly-In Fly-Out (FIFO) can be a golden opportunity to fast-track your financial future and build a life with purpose—if managed wisely. Whether you’re doing it for a few years to get ahead or making a long-term career out of it, the...[Read More]
Older Aussies back increased superannuation tax
9 July
Most older Australians support increasing taxes on high superannuation balances. The federal government is controversially hoping to lift taxes on super balances above $3 million from 15 per cent to 30 per cent in a move predicted to impact about...[Read More]
Nest eggs on the boil as super guarantee cracks open
2 July
Workers will receive a boost to retirement contributions as a long-awaited lift to the superannuation guarantee kicks in, but further increases are unlikely any time soon. The rate of super employers are required to pay employees increased from 11.5...[Read More]
Super funds spared billions after US axes ‘revenge tax’
2 July
Australian superannuation funds are breathing a sigh of relief after the US dropped a so-called “revenge tax” on foreign investors. The super industry had been ringing alarm bells over section 899 of President Donald Trump’s proposed “big...[Read More]
Workers’ retirement nest eggs set for super boost
25 June
Australian workers can look forward to a bigger nest egg, with an increase to the superannuation guarantee to add tens of thousands of dollars to the average super account. From July 1, employers’ minimum required contribution to employees’...[Read More]
ASIC puts super on notice over complaint ‘blind spots’
18 June
The corporate regulator has revealed the next steps in its push to fix systemic failings in the superannuation sector’s handling of death benefit payments. The Australian Securities and Investments Commission will examine how super trustees...[Read More]