There's a new superannuation term that could potentially make you $230,000 richer in your retirement. The term came into effect on November 1 and is 'stapled super'. You need to add to your financial vocabulary and work out what it means ...
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Dear Paul, I am currently in a super fund that cannot be "stapled" to me as is it a company fund. Since leaving my last job, I have had to open another account to take contributions for my new job as my existing fund does not accept contributions from ...
Colonial First State hit with $20 million fine for misleading customers, and a senate inquiry backs the crypto industry. Here are five things you might've missed this week. Telemarketer hit with $100,000 fine for unlawful calls Information Support Australia ...
About 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%, according to new analysis from Rainmaker Information, publisher of Money magazine. The 13.5 million Australians with a ...
Last month we laid our 16-year-old chihuahua Puk to rest. Despite a lifetime of good health, an overnight stroke saw the little chap head downhill fast. It didn't take Dr Doolittle to work out that euthanasia was the kindest option. The clinic staff ...
Experts predict banks to lift rates out of cycle, and a class action is filed against a2 Milk company. Here are five things you might've missed this week. DIY preferred approach among Aussie investors Most Aussies prefer a do-it-yourself approach ...
Former stock market success story a2 Milk is in the news once again as Slater and Gordon file a class action on behalf of shareholders alleging that a2 Milk engaged in misleading or deceptive conduct between August 2020 and May 2021. The question for ...
As a super fund member, you typically spend your working life drip-feeding monthly contributions into your account without thinking about it too much. But thanks to your time in the market, dollar cost averaging and the power of compounding, those savings ...
Never assume that your employer is paying your superannuation correctly or on time or even at all. Always check your super fund that payments have been made. It is best to treat your superannuation fund the same way as you would your bank account and ...
We're regularly urged to fold multiple super accounts into a single fund. And in general it's a good idea. But there are traps to avoid. Having multiple super accounts can mean paying unnecessary fees and insurance premiums - two cash drains ...
