YOUR MONEY: There is no legislative requirement that sets out how a particular diversified fund is structured so be careful when comparing your balanced portfolio return to one from another fund.
Retirees are about to receive one of the biggest increases in the age pension in nearly a decade. Here’s everything you need to know about the new payments plus other changes that take effect today.
A survey has found most people who accessed their superannuation early last year spent it on household expenses, rent, mortgage or debt repayments.
Colonial made the misleading communications at least 12,978 times through letters and calls between 2014 and 2016.
One of the funniest faces anyone can pull is the one that looks like you have sucked on a lemon. About a million Australians are going to pull that face this month when they receive two letters.
Those forced to raid their super pots last year in the midst of pandemic-induced financial stress can now put the money back in following the release of recontribution guidelines by the ATO.
The rising trend of ‘grey divorce’ describes couples in their 50s and 60s calling it quits on their marriages. It’s particular hard on women, but here’s a few tips to get back on your financial feet.
Primary carers returning to work should be compensated for their "lost" superannuation while they have been looking after the children, KPMG says in a report.
Last week while unveiling its full-year results, the Commonwealth Bank announced a $6b off-market buyback. But the question is, is it worth it? If you’re retiree, it could very well be.
YOUR MONEY: Members of GESB Gold State or West State have a few options up their sleeve to boost the amount they can put into a tax effective environment to prepare for retirement.
West Australians top the nation when it comes to plans to take full advantage of new higher super concessional contribution limits as more people keep a closer eye on their retirement savings.
It’s estimated that by 2060, one in every three dollars paid out from superannuation will be part of a death benefit or inheritance. So, what’s the problem with that?
AustralianSuper boss Ian Silk will step down after 15 years leading the nation’s biggest superannuation fund.
Australia’s smallest super funds are being forced into survival mode as increased regulatory scrutiny on fees and investment performance makes mergers all the more likely.
Despite everything you read about superannuation, the single biggest determinant of how your super fund performs is actually what it is invested in. And the past year proved it.
AustralianSuper believes it will be a monumental achievement if and when superannuation rises to 12 per cent, while Cbus has ambitions for 15 per cent.
Local business owners were mostly prepared for higher superannuation payments but say the timing is unfortunate in the midst of lockdowns and heightened COVID-19 uncertainty.
Danielle Le Messurier
Millions of Australians are set to benefit from an increase in superannuation payments paid into their nest eggs from today.
The latest raft of changes to super laws has made it even more critical for millions of Australians to check they have half-decent life insurance cover, particularly in dangerous occupations.
YOUR MONEY: Line up those ducks just right and a retired couple who tick all the boxes could contribute up to $1.46 million into superannuation in the next two weeks.
Those going it alone with their nest egg will now be able to lift the number of members in their self-managed super fund. But extra voices bring extra problems, experts warn.
YOUR MONEY: The last cog has been inserted into the 2021 retirement gearbox, allowing seniors to map out retirement strategies for the year ahead.
Superannuation groups are concerned newly passed legislation will trap millions of Australians in dud products despite the government hailing the reforms.
If you can only make time for one injection this month, make it your super. Here’s how to use the rules to give your nest egg a boost and reap the tax rewards.
© West Australian Newspapers Limited 2020