Each year your superannuation statement is one of the most important bits of paper you’ll receive. Here’s our jargon-free guide to help you read your super statement to ensure your fund is delivering what you need. The average Australian is among the richest in the world. Why? Because of the value of their home and… Read more »
Research group SuperRatings have completed a fascinating, and important, lesson into the cost of panicking in a crash. I know sharemarket crashes are stressful, but history tells us that those that keep their nerve come out winners. SuperRatings has proved the point. They looked at the impact of switching out of a balanced or growth… Read more »
Women have very different superannuation needs to men, but many don’t realise this or know how to plan for their super. It’s time for women and superannuation to get better acquainted. There are two key variables that mean women have different financial needs in retirement compared to men: they live longer, but they don’t earn… Read more »
Even though you may not own any shares directly, it is worth following the health of the sharemarket because your superannuation fund is doing it for you. The good news is that your retirement nest egg has certainly had a big boost from the booming sharemarket. The top 20 performing balanced option super funds all… Read more »
It has been an interesting week for property research. Banking giant Westpac estimates national house prices will only fall by a further 2.3 per cent by the end of the financial year before rebounding by 15 per cent over the following two years. The bank had previously predicted a 10 per cent plunge in prices… Read more »
Market stability and continued momentum in shares helped to bolster account balances in August. However, while consumers and investors are looking ahead to a ‘COVID normal’ world, the recovery is highly dependent on infection rates and the gradual easing of restrictions across the country. According to estimates from leading superannuation research house SuperRatings, the median… Read more »
According to leading research house SuperRatings, Suncorp was the top returning fund over the 12 months to the end of June, with the Suncorp Multi-Manager Growth Fund returning 3.8 per cent. This was followed by BUSSQ and Australian Ethical Super, whose balanced options returned 2.5 per cent and 2.4 per cent respectively. Over 10 years,… Read more »
For many people their superannuation is now one of their biggest assets, so it’s important to keep benchmarking how your fund is performing. So when your statement comes in the next few weeks, these are the industry average figures you need to know. Then ask yourself is your fund above or below average? According to… Read more »
Lots of people worried about how they’ll pay for their retirement may not realise they already have a substantial nest egg they’ve simply misplaced. New Australian Taxation Office (ATO) data reveals more than $20.8 billion worth of superannuation sits in lost or unclaimed accounts. The ATO is keen to reunite people with their money and has… Read more »
