The Federal Government allowed Australians affected by COVID-19 to access some of their superannuation during much of 2020. For many people, the early release of super scheme was a lifesaver, with the money accessed from retirement savings helping provide additional support at a time of economic...
Your Future Your Super reforms have recently resulted in strong public debate. Here's why the proposed introduction of benchmarks for super funds may help further strengthen Australia's superannuation system.
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The cost of retirement for Australians has gone up, with the increases in health insurance and domestic holiday prices, according to the Association of Superannuation Funds of Australia’s (ASFA) latest figures.
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Recently released draft exposure legislation will require trustees of super funds, including SMSFs, to exercise their powers in the best financial interests of beneficiaries and require APRA-regulated funds to support their expenditures with evidence.
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The latest industry research has shown SMSFs with low balances grow to levels allowing them to become cost-efficient very quickly.
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An interesting finding in the federal government's Retirement Income Review report is that many Australians are dying with the majority of the wealth they had when they retired.
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Australian superannuation funds have crawled back the losses experienced during the COVID market crash and now have “a good chance” of finishing the calendar year in positive territory, new research has revealed. Median growth fund is up 0.5 per cent for the month of October. Following growth in...
Data only just released by the Australian Tax Office, detailing the asset allocations for all SMSFs in the quarter to the end of June, shows there was still a large investment weighting at that time towards cash and term deposits.
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Trustees must ensure any purchase from a related party is not a proxy for a loan or financial assistance to avoid breaching their obligations.
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Recent research has revealed that more than half of retirees are projected to fall short of their desired retirement income level by more than 10 per cent, says Russell Investments.
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He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.