super

Millennials are caught between a rock and a hard place: whichever way they turn they seem to be stymied. As a demographic they stare down the barrel of stagnant wages, insecure work and high property prices. Expecting them to put more into super is ... More

Breaking up takes an emotional toll but it also leaves you with some major financial decisions - decisions that can have a long-lasting effect on financial security and wellbeing. Myths such as 'the woman always wins' or 'assets are split ... More

We hear it bandied around all the time - if you have more than one super account, you should consolidate them into one. While it can save you money on fees, it can also make you vulnerable in ways you didn't expect. Check out these four myths on ... More

Dear Paul, I'm retired, aged 66, and a self-funded retiree. I live with my partner, who owns the home we live in. We are financially independent of each other. I bought a residential investment property 10 years ago and have 20 years left to repay the ... More

Almost half a million Aussies have jeopardised their retirement by withdrawing some or all of their superannuation via the early release scheme. Industry Super Australia, using Australian Tax Office data on the proportions by age of those with accounts ... More

Dear Paul, I am a self-funded retiree and 61. I have a mortgage on one of my properties ($380,000) and about $60,000 in a super fund (been contributing $5000 a year for the last seven years). Should I withdraw all funds in super and put it in the mortgage? ... More

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

A new year, a new raft of changes to regulations and social welfare entitlements. Here are some of the key ones to be across. COVID support cut The government will gradually pare back its economic support for those who have lost work due to COVID-19. ... More

Most of us want to put 2020 firmly behind us and look to a better year ahead. Here are six easy new year resolutions to get your finances in order for a happier and more prosperous 2021. After a year marred by natural disasters, a global pandemic and ... More