Superannuation Changes from 1 July 2021
The 1 July 2021 Superannuation Changes Changes from 1 July 2021 will impact on how much money you can contribute to superannuation and how much you can have in your…
Are bigger funds better for members?
As the march of the megafunds begins, Australia’s superannuation sector will need to seriously consider whether a merger is in their best interests. Speaking at the Association of Superannuation Funds…
How to rebuild your super after a COVID-19 withdrawal
The Federal Government allowed Australians affected by COVID-19 to access some of their superannuation during much of 2020. For many people, the early release of super scheme was a lifesaver,…
Why benchmarking will be good for super funds
Your Future Your Super reforms have recently resulted in strong public debate. Here's why the proposed introduction of benchmarks for super funds may help further strengthen Australia's superannuation system.
Cost of retirement up in December quarter
The cost of retirement for Australians has gone up, with the increases in health insurance and domestic holiday prices, according to the Association of Superannuation Funds of Australia’s (ASFA) latest figures.
Government targets fund expenditure, best interests in new super reforms
Recently released draft exposure legislation will require trustees of super funds, including SMSFs, to exercise their powers in the best financial interests of beneficiaries and require APRA-regulated funds to support their expenditures with evidence.
Small SMSFs develop rapidly
The latest industry research has shown SMSFs with low balances grow to levels allowing them to become cost-efficient very quickly.
Super, death, and taxes
An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.
Super funds have ‘a good chance’ of finishing the year in positive territory
Australian superannuation funds have crawled back the losses experienced during the COVID market crash and now have “a good chance” of finishing the calendar year in positive territory, new research has…
