It's a misunderstanding that super fund mergers will automatically lead to scale benefits for members, according to Spirit Super's chief investment officer.
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 | Annabelle DicksonAnnabelle Dickson is a journalist at Financial Standard covering all areas of wealth management. She previously worked at The Inside Investor and The Inside Adviser. She holds a Bachelor of Arts in Communication (Journalism) from The University of Technology Sydney. |
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Workers will be stapled to the first super fund they join, rather than opening up a new fund with each job, under super reforms that passed the Senate this week.
CBA must pay out $7 million after it charged customers a 34% interest rate rather than the 16% shown on their statements.
In response to demand, Raiz's new custom portfolio option is now available to self-managed super funds.
Of the $60 billion in tax concessions handed out to Aussies each year, just $18 billion goes to women.
It is Scams Awareness Week and we have the latest info about a range of scams trying to pilfer millions from Australians' bank accounts.
As a debt collector, I saw inside the troubled finances of fashion designers, barristers, restaurateurs and influencers, all while chasing them to pay what they owed.