The average Australian under 30 expects a half-million-dollar windfall from their parents, but an expert tells younger Aussies to ease their expectations.
Cameron Micallef
New research claims Western Australian workers were underpaid $676 million of superannuation in just a single year.
Matt Mckenzie
There’s a lot of rules around super and what happens to your savings when you die. It can get even more complicated when someone is acting on your behalf. Here’s your guide to avoid a payout delay.
Nick Bruining
Q+A: Getting that first foot on the property ladder is becoming harder and harder, and as parents it’s natural to want to help your kids by going guarantor. But what happens to you if it all goes wrong?
For the first time, Australia has ticked off a positive super milestone which experts say should help a generation see light at the end of the financial tunnel.
Blair Jackson
Major financial compensation changes could be coming following the collapse of First Guardian, which has left thousands of Australians in the dark about their nest eggs.
Alexandra Feiam
Q+A: Some employers believe that by having employees obtain an ABN and then having the individual invoice the employer for time worked, they can be treated as a contractor. But don’t be caught out.
Telstra Super has signed a memorandum of understanding with Aware Super — Australia’s third biggest super fund — to explore a merger deal.
Cheyanne Enciso
With legislation to enact the extra tax on superannuation balances over $3m about to be debated, attention is turning to alternate investment vehicles which can be used by anyone, not just the wealthy.
Two hardworking Australians have revealed how they learned their life savings had vanished – and they’ll likely never see any of it again.
Lawyers are investigating a potential class action lawsuit against two collapsed super funds, saying Aussies could lose more than $1bn in superannuation.
The numbers don’t lie! In a nutshell, women need to survive longer on an income that is less than they need . . . using a system that is stacked against them. There’s a very simple fix, so why don’t we do it?
The looming tax on superannuation balances over $3 million might not affect many, but strategies used to reduce its impact could have benefits for any couple with a fund imbalance.
Q+A: Just outside Centrelink’s asset test threshold to be eligible for a part pension? Bummer. Here’s the tricks you need to sneak in under the wire and start collecting a fortnightly payment.
A median growth superannuation fund posted a return of 10.5 per cent last financial year, taking their three-year performance to over 30 per cent.
Derek Rose
Q+A: Am I better off drawing a lump sum each year from the super fund, or transferring the money to a RI allocated pension — which converts super into a regular income — and then drawing from this account?
This change has the potential to affect how much you can contribute to super and how much ends up being completely tax free in retirement.
First Guardian owes mainly superannuation investors $442 million, but they’ve been warned to expect ‘considerably’ less.
Sean Smith
The top funds in the $4.1 trillion super industry are eyeing opportunities beyond the US, saying stock valuations there look stretched and President Donald Trump’s policies are increasing volatility.
Amy Bainbridge and Richard Henderson
One such piece on super appeared in another media stable recently. The piece was claiming super is an easy-to-understand system, where ‘payments . . . are set-and-forget’, with rules a ‘walk in the park’.
Bruce Brammall
SuperRatings says the median balanced fund - one with between 60 per cent and 70 per cent of balances exposed to shares and other growth assets - returned 10.1 per cent in the year to June 30.
From today, Australian workers get a final boost to their mandatory retirement contributions - a key milestone for the country’s $4.1 trillion pension system.
Amy Bainbridge
The start of a new financial year will usher in a raft of tax and superannuation changes, with almost every Australian affected one way or another. Here’s what changes from midnight.
Q+A: The quirks of the Centrelink system can be summed up here. A couple on a full age pension can sell their home for $1.2m, bank $48,000 a year in interest, AND get $400 a month in rental assistance.
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