The worst-performing and most expensive super funds in Australia have been named in the latest APRA heatmap results.
Karren Vergara
 | Karren Vergara is a financial journalist with Financial Standard, covering wealth management, including superannuation, banking and financial planning. She is one of the hosts of the Financial Standard Podcast. Prior to becoming a journalist, she was an accountant for more 10 years. She has a diploma in journalism and Bachelor's degree in business, both from UTS. |
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While women have grown their super balances faster on average over the past decade, the gender gap remains substantial.
ASIC is further clamping down on the ASX to ensure that it successfully replaces CHESS after botching its attempt to overhaul it with blockchain.
The number of super funds targeting young Aussies has halved as they fail to disrupt the superannuation sector.
When more than $4000 in unpaid super landed in my account, the ATO couldn't explain where it had been for 15 years or even if it was the correct amount.
More Aussies are topping up their super savings, with some DIY super funds piling up on cryptocurrency.
While the number of Aussies accessing their super early has fallen since 2020, they withdrew a whopping $16.5 billion in the year to June 2021.
What will 2022 mean for your super? Where should you invest in a low-rate environment? Karren Vergara and Alex Dunnin join us on Friends With Money.
"Many of them will feel ... home ownership is well out their reach. However we know and believe this doesn't need to be the case."
Senator Jane Hume has slammed super funds for creating rainy day funds to pay for misconduct penalties out of Aussie retirement savings.
