Superannuation

If you were to pass away unexpectedly, you would probably want your super to go to the people you care about most. But without careful end-of-life planning, there’s a chance it could wind up in the hands of someone unintended. Doesn’t my Will have the final say? Superannuation isn’t generally considered an estate asset, so…

For many people, there’s not much of interest beyond how well their super performed over the past 12 months. But there’s value in reading your statement in its entirety and asking yourself the following key questions. Are all your details correct? One of the first things you should do when you receive your annual statement…

Super funds will invest in different types of assets to grow their members’ retirement savings, and unlisted assets can be an important part of their investment strategy. But how do these differ from other assets in your portfolio? And what can you expect when it comes to risk and return? The difference between listed and unlisted assets…

Back in 2020, government and industry mobilised to support households and businesses to keep the COVID pandemic from wrecking the Australian economy. Lifelines came in the form of the JobKeeper Payment, eviction moratoriums, and rock-bottom interest rates —  just to name a few. But one measure in particular has arguably left some Australians worse off…

For many people, reviewing an insurance policy is right up there with tax returns or visits to the dentist. It’s not the most palatable task, but it’s an important one that needs to be done every so often. If you hold insurance through your super fund, it can be easy to forget about, as your…

Once a year you receive an annual statement from your super fund. While it might be tempting to just file it away, paying close attention to the contents of your super statement can be an important exercise. Here are our top tips on what to review when your statement comes your way, this month or…

Setting goals is one thing, achieving them can be quite another. Which is why setting the right kind of goals can really matter. We sat down with Simon Russell at Behavioural Finance Australia to talk about how our goals can help us achieve what we want in life, and make us happy at the same…

You’ve worked hard all your life to build up your super, and one day, you will reap the benefits. But if you pass away sooner than you expected, the remainder of your super will be paid out as a death benefit to your nominated beneficiaries if you have them, or your estate. And, if your…

Aussies are losing billions each year by sticking with poor-performing super funds. New research by Industry Super Australia found that 850,000 members who failed to leave their dud MySuper product had lost a combined $1.6 billion in the past year. That equates to an average loss of $1,900 per person, Industry Super Australia found, compared…