Just when you thought you had it all figured out, an announcement from Treasury hits your inbox and plan B is now about to come into law! But it could be argued that all four major changes announced yesterday will make for a fairer super system. Next week we...
Mark, 65, and Sophie, 63, are both looking forward to retiring in two years. Mark, a long-time chef, and Sophie, a retail assistant, realise that their super balances are modest, reflecting part-time shifts, casual work...
This birthday changes more than just your age. It could change your future. There’s something quietly powerful about turning 60. It might not mean retiring just yet, but it often marks a shift in how you think about your money, your lifestyle, and your...
Why playing it too safe could cost you more than you think It’s easy to assume that a conservative investment option is the safest way to protect your super. After all, the word conservative suggests caution, stability and low risk which is especially...
How can you tell? Is your super safe from high profile collapses? There are three simple words which are guaranteed to unsettle almost any retiree: SUPER FUNDS COLLAPSE. Such failures are very topical right now, in the wake of the recent collapses of...
Whether you’re approaching retirement or already there, consolidating your super can be one of the simplest and most powerful steps to strengthen your financial position. But surprisingly, many Australians either delay it or aren’t sure where to begin. Why...
Better than you thought? The Australian Tax Office (ATO) quietly released some statistics end June. I say quietly because this data is really interesting. And useful for individual retirees keen to understand their overall financial standing. The data is...
How did your savings perform? In news just in, Australian super funds have had a third strong year with double digit returns. The financial year-on-year returns were published by superannuation research house SuperRatings late last week. SuperRatings...
As the end of the financial year approaches, it’s a timely reminder for anyone drawing an income from an Account-Based Pension (ABP) to double-check they’ve met their minimum annual withdrawal requirement. ABPs are a key tool for providing tax-effective...