Menu Close

Articles on Superannuation

Displaying 221 - 240 of 272 articles

The emphasis on the lump sum in superannuation unfairly moves risk to individuals. Image sourced from www.shutterstock.com

Superannuation: make income the outcome

Having led the world in the 1990s in embracing defined contribution retirement plans, Australia now is rightly reviewing whether the design of its retirement income system is meeting the needs of Australians…
Australia’s massive superannuation sector is costly compared with its global counterparts. Joel Carrett/AAP

Financial system inquiry sets sights on super: experts react

Australia’s financial system is competitive and well regulated, but more work is required to boost superannuation competition, according to the interim report of the Financial System Inquiry, led by former…
Conflicts abound in Australia’s financial system. Dan Peled/AAP

Three financial system flaws David Murray can’t ignore

At the current frequency of financial system inquiries (Campbell 1982, Wallis 1997, Murray 2014) there will not be another until 2030. That makes this week’s interim report from David Murray all the more…
Friend to the battlers: Clive Palmer says he’ll oppose the repeal of a superannuation top up scheme for low incomes earners. AAP/Alan Porritt

Clive Palmer, the unlikely friend of low income earners

The low income superannuation contribution is rapidly becoming a case study in the perils of linking unrelated policy initiatives. The scheme, a federal government contribution of up to $500 to people…
New Zealand’s opposition party has a long road to tread to support its case for compulsory super. Trey Ratcliffe/Flickr

New Zealand wants to copy our super: here’s why it’s a bad idea

Australians and New Zealanders have a healthy rivalry about who follows who. Both countries claim as their own Pavlova, Crowded House and Phar Lap. To this list might soon be added compulsory superannuation…
When Tony Abbott and Joe Hockey present policies as if they are not choices, we should be sceptical. What choices has the government rejected? Daniel Munoz/AAP

A fiscal crisis? It’s about political priorities and neglected choices

As the 2014-15 budget nears, Australians are hearing that the government must mount an urgent repair job to address the looming structural crisis that will see the budget in deficit for decades to come…
Women are often left behind in the super stakes. Kicki/Flickr

Superannuation sharing can help bridge the gender divide

Anyone who has been married knows there is a lot of compromise involved. Each party gives up something in order to get the benefits which can arise from sharing. Nobody get exactly what he or she wants…
Older workers are already working longer; but the debate around paying for the Age Pension has only just begun. Eric Yen/Flickr

Age Pension debate makes clear: adequate super is pivotal

Talk about increasing the Age Pension eligibility age to 70 has generated a lot of anxiety and indignation. What seems to be going unnoticed in all the hype is that we have just experienced a round of…
Having enough money for retirement will take more super contributions than most Australians are making. Shutterstock

Why Australians don’t make extra super contributions

Australians are increasingly relying on superannuation for their retirement income, but despite more than 20 years of compulsory super, many people are not retiring with enough. The assets under management…
From July, the ATO will be able to levy new fines on self-managed superannuation fund trustees. Shutterstock

Taxing times for self-managed super funds

Self-Managed Superannuation Funds (SMSFs) are the fastest growing sector of the superannuation industry, spiking by 33% between 2008 and 2012, putting them in the sights of both the super industry and…
Superannuation: you give, they take. Paul Kelly/Flickr

Superannuation is too costly, so bill me

The main reason superannuation costs are too high in Australia is both simple and horrendously complex: it’s the only service we buy where we give the service provider our money to look after. It’s true…
Consumers generally trust their financial adviser, even when the level of advice is poor. Shutterstock

The future of financial advice needs educated advisers

Finance Minister Mathias Cormann’s decision to back away from plans to repeal sections of the Future of Financial Advice (FOFA) reforms is not surprising. Recent comments suggest this may indeed be a complete…
Retirement incomes will leave many short, especially single people. Image sourced from www.shutterstock.com

The majority of Australians are not saving enough for retirement

Only 53% of couples and 22% of single people are on track to achieve a comfortable level of retirement income, according to an in-depth study of the adequacy of retirement savings. The outcome of a collaboration…
Stronger rules introduced to protect those seeking financial advice by the last government could be rolled back by the Abbott government. Tracey Nearmy/AAP

Coalition’s FOFA ‘streamlining’ will destroy protections

Every employed Australian will enter the financial markets through their superannuation, meaning most Australians will need financial advice at some point in their life. Research shows most people lack…
A cash cube representing the $18.8 billion dollars of unclaimed superannuation (2011 amount). Dean Lewins/AAPImage

CSIRO-led research to model superannuation spending

How older Australians spend their superannuation and the impact of suggested legislative changes on retirees, will be the focus of a new CSIRO-Monash superannuation research group. The A$9 million research…
Many pensioners are living in homes that are too expensive for them, says the Grattan Institute’s John Daley, arguing adding the family home to the assets test for the age pension would spur on downsizing. juicyrai/Flickr

Cut welfare to older Australians to balance the budget: report

The Australian Government should tighten the welfare system for older Australians, adding the family home to the assets test for the age pension and limiting tax concessions on superannuation contributions…
New research highlights the informed nature of buy-sell-buy trades. Publik16/Flickr

In defence of active fund managers

Australian investors and superannuation funds have invested hundreds of billions of their life savings with active fund managers. These funds have very high fees compared with index funds to cover not…
Part of the nest egg of Australian superannuation funds is now being invested in a media startup. indi.ca/Flickr

Not my super! Aussie super funds take media gamble with New Daily

In a controversial move, affiliates of the Industry Super Funds network (AustralianSuper, Cbus and Industry Super Holdings) have spent a combined A$3 million of member funds on an online news website…

Top contributors

More