super

To increase the super guarantee (SG) or not, that is the question. According to last week's Retirement Income Review , holding the rate at 9.5% is fine provided Australians utilise the current income retirement system in its entirety - which includes ... More

Consumers engaging directly with their super fund on insurance matters are often left confused and overwhelmed by the information provided and upset they cannot get guidance specific to their circumstances, an ASIC report shows. A third of unadvised ... More

Lifting the super guarantee would mean more superannuation in retirement but lower wages today, according to the findings of the long-awaited Retirement Income Review. The report found that lifting the super guarantee (SG) rate to 12% would lead to ... More

Dear Paul, I was recently made redundant and because of this my super was moved from a defined benefit to a temporary accumulation cash account for 90 days. I'm 54 and have $547,000 in super. I have to decide soon if I will leave it in cash, or ... More

Turning 25 or building your super to more than $6000 might be an opportunity to consider life and TPD insurance through your super fund. New rules around super which came into effect in April, stopped automatic insurance for people aged under 25 or ... More

Dear Paul. I'm 41, my wife is 40, and we have a one-year-old son. We put away $1000 for our son when he was born to help him out as a young adult, but we have been unable to decide the best way to invest this for him. Given our age, we thought it may ... More

Around 75% of Australians want the superannuation guarantee to rise to 12%, according to a survey commissioned by the Association of Superannuation Funds of Australia (ASFA). ASFA says 1375 Australians were surveyed in October by Utting Research about ... More

Super members are regularly encouraged to check their fund's performance and ensure their hard-earned savings are being maximised. If it turns out the fund is a dud, the advice is to switch to a better fund. But for 1 million employees that's ... 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

COVID-19 has put a spotlight on super like never before - with people needing access to their money and paying attention to the balance in their superannuation accounts. Money's Super Booster campaign is all about encouraging you to check, consolidate ... More