The fallout from the royal commission shows no signs of abating for AMP, which was today awarded a CHOICE Shonky Award for the large number of idle super accounts and delayed life insurance claims.
For John and his wife, paying off their home means they will be mortgage free but also savings free. Should they hang onto the mortgage and invest instead?
When it comes to relationships, there's probably one we all neglect. It's not hard to take super for granted. Money's SuperBooster project is set to change that.
Huge dissatisfaction with financial institutions telling them how to invest drives around 60,000 Australians into the arms of self-managed super funds annually. However, many end up being punished with relatively high costs and low returns.
Don't worry about all the technical stuff. Just focus on the basics to make sure you have enough in retirement. Here's what I wish I had known about super.
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