Trustees are supposed to act in fund members' best interests but, according to the 10 days of Hayne royal commission hearings into the $2.6 trillion superannuation sector, time and again trustees of retail super funds behaved negligently.
Superannuation
Much has been said about consolidating super funds to save on fees but fund members need to be careful how they proceed, particularly if they have health issues.
Retirement could last up to 25 years, so how much super will you need?
Building the same comfortable retirement as previous generations means taking charge of your super early and making smarter decisions now.
Did you know your super isn't covered in your will?
The best way to boost your super is to salary sacrifice, but if that's not an option, there are things you can do to improve your retirement savings.
Aussies aged under 30 tend to have more money in their super accounts than their bank balances but 40% have no idea what their super balance.
The CareSuper MySuper is a quiet achiever, outperforming the SelectingSuper MySuper default option index in eight of the past 10 financial years.
In a turbulent sharemarket, SMSF retirees don't want to be forced sellers.
If you're struggling financially, is accessing your super an option? Tougher rules means it may not be easy as you think.
