Super rule changes, The power of compound interest, Divorce and superannuation, Weighing up super pensions and lump sums, Spotlight on aged care
Highlights of the April 2022 edition of the SuperGuide newsletter include:
- GET SET FOR NEW SUPER RULES: With big rule changes on the way from July 1, we provide tips on how to make the most of them.
- SUPER AND THE SNOWBALL EFFECT: Even small amounts invested regularly can grow into a tidy sum in the long run, thanks to compound interest.
- SUPER INVESTING SPECIAL: We lift the lid on other investing fundamentals including the Sharpe Ratio, diversification and lifecycle super funds.
- THE BIG SPLIT: Super is generally our biggest financial asset outside the family home, but it’s often overlooked in divorce. We explain how to divide your super.
- SUPER PENSION OR LUMP SUM? How you choose to withdraw your super can make a material difference to your retirement outcome, so planning is key.
- AGED CARE REPORT CARD: Two years and a pandemic after the scathing Royal Commission, we look at what’s being done to improve our aged care system.
SUPER NEWS
Australian Ethical and Christian Super explore merger, Super gender gap was decreasing before Covid, Colonial settles class action with super members, Federal Court orders Westpac to pay $20 million penalty,… Read more.
Australian Ethical and Christian Super explore merger, Super gender gap was decreasing before Covid, Colonial settles class action with super members, Federal Court orders Westpac to pay $20 million penalty,… Read more.
Navigating your way around the constant rule changes in the super system is tricky, so here’s our annual list of the modifications you need to know about. Read more.
Navigating your way around the constant rule changes in the super system is tricky, so here’s our annual list of the modifications you need to know about. Read more.
After a Trump bump on global sharemarkets in November, super funds are closing in on double digit returns in 2024. Read more.
After a Trump bump on global sharemarkets in November, super funds are closing in on double digit returns in 2024. Read more.
IN CASE YOU MISSED IT
It was a quiet night for superannuation, but the Federal Budget provided some ‘cost of living’ announcements that could give millions of Australians a cash boost over the coming months. Read more.
It was a quiet night for superannuation, but the Federal Budget provided some ‘cost of living’ announcements that could give millions of Australians a cash boost over the coming months. Read more.
SUPER INVESTING
Even modest regular savings can grow into substantial nest egg, thanks to the combined effects of compound interest and time. Here’s how it works. Read more.
Even modest regular savings can grow into substantial nest egg, thanks to the combined effects of compound interest and time. Here’s how it works. Read more.
We all want to earn top notch returns from our super fund, but at what level of risk? This is how you find the sweet spot. Read more.
We all want to earn top notch returns from our super fund, but at what level of risk? This is how you find the sweet spot. Read more.
Diversification is one of the key principles behind good investing and there’s a lot you can learn from how successful super funds invest their members’ money. Read more.
Diversification is one of the key principles behind good investing and there’s a lot you can learn from how successful super funds invest their members’ money. Read more.
There’s plenty of information on how much super you need for a comfortable retirement, but little on how much you should have now to reach your target. We provide some guidance to this important question. Read more.
There’s plenty of information on how much super you need for a comfortable retirement, but little on how much you should have now to reach your target. We provide some guidance to this important question. Read more.
Lifecycle funds are designed to reduce risk as you near retirement without sacrificing returns; recent research shows many do just that but you need to know what to look for. Read more.
Lifecycle funds are designed to reduce risk as you near retirement without sacrificing returns; recent research shows many do just that but you need to know what to look for. Read more.
SMSFs
Super is an increasingly important marital asset and one that should not be overlooked when couples divorce. Read more.
Super is an increasingly important marital asset and one that should not be overlooked when couples divorce. Read more.
The ATO has increased scrutiny of SMSFs and common areas of non-compliance with superannuation law, and the penalties for getting it wrong can be substantial. Read more.
The ATO has increased scrutiny of SMSFs and common areas of non-compliance with superannuation law, and the penalties for getting it wrong can be substantial. Read more.
Everyone loves to ride in planes, trains and automobiles, but what if you could earn regular income from the infrastructure they depend on? You can, and here’s how. Read more.
Everyone loves to ride in planes, trains and automobiles, but what if you could earn regular income from the infrastructure they depend on? You can, and here’s how. Read more.
If there’s one thing certain in life it’s this – things change. If you or another member of your SMSF want to take your leave, strict rules apply. Read more.
If there’s one thing certain in life it’s this – things change. If you or another member of your SMSF want to take your leave, strict rules apply. Read more.
Take the following 10-question quiz to test your knowledge on the fundamentals of self-managed super funds (SMSFs). Read more.
Take the following 10-question quiz to test your knowledge on the fundamentals of self-managed super funds (SMSFs). Read more.
RETIREMENT PLANNING
From 1 July 2022, changes to the super rules create new opportunities for older Australians to top up their retirement savings. Read more.
From 1 July 2022, changes to the super rules create new opportunities for older Australians to top up their retirement savings. Read more.
While working in the gig economy can be more flexible, it can also be a recipe for a much smaller retirement savings pot if you don’t take steps to fix… Read more.
While working in the gig economy can be more flexible, it can also be a recipe for a much smaller retirement savings pot if you don’t take steps to fix… Read more.
Super is undoubtedly the most tax effective vehicle for retirement savings, but there are plenty of reasons why you might hold investments outside super to augment your retirement income. Read more.
Super is undoubtedly the most tax effective vehicle for retirement savings, but there are plenty of reasons why you might hold investments outside super to augment your retirement income. Read more.
Good advice can make a big difference to both your financial position and retirement plans, but it can be confusing to know what’s available and who to ask. Read more.
Good advice can make a big difference to both your financial position and retirement plans, but it can be confusing to know what’s available and who to ask. Read more.
Before withdrawing your super, it’s important to understand the proportioning rule and how it will impact the amount of tax you will pay on your super savings. Read more.
Before withdrawing your super, it’s important to understand the proportioning rule and how it will impact the amount of tax you will pay on your super savings. Read more.
IN RETIREMENT
If you are considering taking more than the minimum amount from your super pension account, the way you do it counts. Read more.
If you are considering taking more than the minimum amount from your super pension account, the way you do it counts. Read more.
When and how you withdraw income from your super in retirement can have significant tax benefits. Read more.
When and how you withdraw income from your super in retirement can have significant tax benefits. Read more.
The cost-of-living crisis has left many retirees worried about their financial position, so now could be a good time to check if your retirement budget needs a tune-up. Read more.
The cost-of-living crisis has left many retirees worried about their financial position, so now could be a good time to check if your retirement budget needs a tune-up. Read more.
The pandemic highlighted massive flaws in Australia’s aged care sector outlined in the recent Royal Commission, but change is underway. Read more.
The pandemic highlighted massive flaws in Australia’s aged care sector outlined in the recent Royal Commission, but change is underway. Read more.
