fees

MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ... More

All of us overspend from time to time. After all, nobody's perfect. But ongoing spending habits or ill-suited financial products can be a major drain on your bank account in the long run. The new year is a great time to review your financial situation ... More

For many, Christmas will be the perfect antidote to a monumentally challenging and unprecedented year: a time that we are hopefully able to spend time with family, and for giving and receiving, for gratitude and reflection. For others, myself included ... More

If you are struggling financially to pay your regular strata levies because of COVID, what are your options? Is there any chance of relief from the levies? Your fate rests with your building's owners' corporation or body corporate. You must ... More

Superannuation accounts should not make for a collector's pastime. Multiple accounts mean multiple sets of fees, multiple sets of paperwork, multiple performance metrics to keep track of, and overlapping insurance cover. Only under some circumstances ... More

The policy, research and advocacy body for Australian superannuation, ASFA, calculates two important retirement income statistics each year: the amount needed for a modest retirement and the amount for a comfortable retirement. ASFA's definition ... More

The financial advice industry had the professional equivalent of an enema at the banking royal commission. And research shows that Australians in need of advice will most likely be better off for it. While financial adviser numbers have fallen, professional ... More

The banks are taking off the gloves in their fight for market share with the buy now, pay later (BNPL) providers, with National Australia Bank (NAB) and Commonwealth Bank (CBA) both rolling out no interest credit cards. On Thursday, NAB launched the ... More

We recently received an email from a Money reader, Kay. Kay had put down $11,586 for a trip. Then the borders shut in response to the spread of coronavirus, shrinking the prospect of travel to zero. She asked the company for a refund, which it agreed ... More

Members of merged super funds have a lot to smile about, with fees dropping an average of 21%. Analysis from Rainmaker Information (publisher of Money ), looked at 13 mergers involving 22 super funds; 11 traditional mergers, the integration of Virgin ... More