So you've found yourself in a dud super fund. Here's when it's time to change, and what to look for in a new fund.
apra
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While it is not always possible to pick the top fund, you need to be vigilant and monitor your super fund against the rest of the pack.
Xinja has announced it will close its transaction and savings account product, return money to customers and hand back its banking license.
If you've come across an investment that claims to be a term deposit but with higher interest rates, be warned: it's probably a scam.
It's natural at times like this to be questioning whether your super is in the best investment option, but you need to look before you leap.
With COVID-19 all but destroying dividends, now is the time for investors to reconsider their exposure to the big banks.
An Australian investment manager has urged the big four banks to continue paying dividends, propping up APRA's suggestion to use underwritten dividend reinvestment plans (DRPs) to meet the needs of the nation's retirees.
The big four banks have been ordered to reduce their dividend payments, which will take its toll on SMSF trustees, super funds, and other income investors.
