Superannuation Articles

Relevant Superannuation articles and tips

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Making sense of the super changes

After backlash from both savers and crossbenchers, the Government came to a compromise last week and shelved one of its most controversial super plans.

Superannuation

20 Sep, 2016

3 min read

Kate Cowling

Retirement funding gender gap closing slowly but surely

The average net worth of Australian women in the pre-retirement phase (aged 50-64 and still working) has increased by 26.8 per cent in the past 8 years, bringing it closer than ever to that of their male counterparts.

Superannuation

12 Sep, 2016

2 min read

Retirement funding gender gap closing slowly but surely

Patricia Babalis

Super pay out: Income streams trump lump sums

New data released by the Australian Bureau of Statistics this month shows an increasing number of retirees are choosing to access their superannuation through an income stream rather than by receiving lump sum payments.

Superannuation

14 Aug, 2016

4 min read

Super pay out: Income streams trump lump sums

RateCity

Does your super fund measure up?

Superannuation is one of those topics that gets filed away in a drawer to think about later. But this shouldn't be the case. Many of us will be drawing on our super for 30 or 40 years, so if it's currently being eroded by heavy fees or improper investments, it's time to take action.

Superannuation

26 Jul, 2016

3 min read

Patricia Babalis

Time to reconsider your retirement plan?

Last month, the ABS released new stats about the retirement intentions of Aussies and the results spoke volumes about the way Australian's perceive superannuation. The 2014-15 Multipurpose Household Survey revealed that 53 per cent of the 3.8 million people aged 45 years and over surveyed reported their main expected source of personal income at retirement as 'superannuation/annuity/allocated pension'.

Superannuation

19 Apr, 2016

4 min read

Time to reconsider your retirement plan?

Patricia Babalis

The big guns: Super experts worth following

According to the Association of Superannuation Funds Australia (ASFA), we had a total of $2.02 trillion in super funds as a nation at the end of June 2015. There was $428 billion tied up in MySuper assets, and $16.8 billion paid into funds as contributions in the three months to June alone.

Superannuation

04 Apr, 2016

3 min read

The big guns: Super experts worth following

Patricia Babalis

Should I salary sacrifice superannuation?

The average Australian needs to grow their superannuation balance to $640,000 for a couple and $545,000 for a single person for a comfortable retirement, according to industry experts - a daunting amount in most people's books.

Superannuation

04 Mar, 2016

4 min read

Should I salary sacrifice superannuation?

Patricia Babalis

What to do if your employer isn't paying super contributions

For many Australians, superannuation is seen as a set and forget type of scheme, where you set up your account and your employer pays your contributions. Unfourtunately, things don't always work this smoothly. Checking your payslips regularly to make sure your employer is making the mandatory 9.5 per cent super contribution is a must to ensure a comfortable future

Superannuation

25 Feb, 2016

4 min read

What to do if your employer isn't paying super contributions

Patricia Babalis

Switching super: who would you turn to for advice?

Shocking new research from Roy Morgan has indicated that in the three years to November 2015 the average amount of superannuation switched per year was $35 billion with 31 per cent of switchers receiving no financial advice before making the move. As the government prepares to implement new laws, opening the $9 billion default super market to allow everyone to choose their own fund, this figure could soon be on the rise.

Superannuation

05 Feb, 2016

3 min read

Switching super: who would you turn to for advice?

Patricia Babalis

Fat Cat Funds are eating into your super investments

Alarming findings from the 2015 Stockspot Fat Cat Fund Report have estimated that 50 per cent of Australians under the age of 40 who are currently with a 'Fat Cat' superannuation fund won't have enough money to fund their own retirement.

Superannuation

05 Jan, 2016

4 min read

Fat Cat Funds are eating into your super investments

Patricia Babalis

Super catch up contributions: how the rich get richer

A recently published report by the Grattan Institute into Australian super contributions has found that tax breaks designed to assist people with broken work histories are in fact mostly being taken advantage of by top income earners.

Superannuation

04 Dec, 2015

3 min read

Super catch up contributions: how the rich get richer

RateCity

Top tips for taking control of your super: ING

Australians are showing increased appetite for taking control of their super, according to the latest Our Super Future report from ING DIRECT and the Financial Services Council (2015) which indicates a growing awareness of fund balances, fees and performance.

Superannuation

28 Oct, 2015

2 min read