The new super fund that excludes Boomers, home owners pocket record profits, and Big 4 bank launches low rate offer for refinancers. Here are five things you may have missed this week.
super
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Watching your super balance drop by double digits is unnerving, but unless you cash out, those losses are only on paper.
Active Super has been fined $10.5 million for falsely claiming it avoided investments in gambling, coal mining, oil tar sands, and Russian companies since the invasion of Ukraine.
Australia's largest super fund is being sued by ASIC over the delayed processing of close to 7000 death benefit claims, with some beneficiaries left waiting four years for a payout.
Six out of 10 Australians now check their super at least monthly but it pays to maintain a long term approach to our retirement savings.
Pay up or lose everything - the choice facing homeowners, a super fund made up entirely of ETFs, and men still earn 22% more than women. Here are five things you may have missed this week.
Like the idea of giving your super balance a bump, but don't know where to start? Rebecca Cheevers and Sophie McRae join us on the podcast.
Most Australians over 50 don't expect to achieve a comfortable retirement, but that doesn't mean they won't. It all depends on what actions they take.
Internal documents from AustralianSuper stated: "It benefits the member by stopping the $1.50 charge on their duplicate account, but for us it means less revenue."
Your super contributions will hit 12% from July 1, but what other changes are coming?
