TelstraSuper says merging with Equip Super was "unlikely to achieve our objectives for the merger, in the best financial interests of the fund's members".
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Even with ongoing volatility in financial markets, superannuation funds bounced backed with a stronger performance last month.
Thinking of changing super funds? These are the factors you need to weigh up before you make the move.
So you know your balance but you're confused about some of the numbers on your annual superannuation statement? Here's how to understand what you're reading.
How much money will you need in retirement? That depends on how often you want to travel and the car you're content to drive.
If you had $500,000 in an account, you wouldn't move house and forget to notify your bank. So why do you forget to notify your super fund?
Panic selling SMSF assets over concerns around the government's proposed 30% tax on super assets over $3 million is "totally unnecessary" says SMSF Alliance's David Busoli.
Woolworths has lowered the shelf price of almost 400 products, but the discounts are too little, too late according to online comments.
How much money will you actually need in retirement? It depends on just how comfortable a lifestyle you plan to enjoy.
Want free financial advice but not sure where to turn? Your industry superannuation fund offers some form of free advice, so start there.
