Super & Funds
Sally Rose 12:10 PM The popular claim that Australians need more than $1 million in superannuation to fund a comfortable retirement is a myth that risks undermining the strength of the system, warns a new report.
Sally Rose The federal government is less likely to impose an outright ban on the $550 billion self-managed super fund industry borrowing to buy investment property, according to industry groups.
Daryl Dixon Informed decision making has left many members of public service super schemes better off – but at a cost to the public purse.
George Cochrane Returning home after time spent working overseas, a reader wonders if there any benefits in starting an SMSF.
Sally Rose Turning traditional asset allocation on its head and favouring bonds over stocks has helped Queensland public sector superannuation fund QSuper rank as the top-performing balanced fund for the past financial year, according to Chant West research to be released on Monday.
Sally Rose with and Jemima Whyte Cbus is the latest superannuation fund set to bring more of its investment management in-house in a bid to use its scale to urge company boards to think longer term.The trend is tipped to continue amid rising concerns that short term pressure on capital returns is crimping growth.
SUPER & FUNDS
Olivia Maragna Here are five things you can do with your SMSF to get the most out of it this financial year.
Sally Rose AustralianSuper, which covers more than one in 10 Australian workers, has delivered a third consecutive year of double-digit growth for holders of its balanced option, but its chief investment officer is tipping the dream run to end.
Sally Rose It's all very well to suggest we raise the age that people can access their super to raise workforce participation rates. The problem is many older workers just can't get a job, superannuation industry experts have said.
Gareth Hutchens The Abbott government and Labor opposition have refused to back the Productivity Commission's call to prevent older workers from accessing their super before they turn 65.
Gareth Hutchens The Commonwealth budget would save $7 billion a year if workers were prevented from accessing their super before they turned 65.
Sally Rose More and more young workers are choosing to switch out of industry superannuation funds and into the retail funds marketed to them directly by their bank, lured by the convenience of integrated online and mobile platforms.
Sally Rose The government's promise to review the retirement incomes system, in order to secure support from the Greens for its planned changes to the aged pension test announced in the May federal budget, has been labelled a farce.