Super funds close in on strong FY24 result

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After a pull-back in April, super funds were back in positive territory in May with the median growth fund (61 to 80 per cent in growth assets) up 0.9 per... Read more continue reading

Centrelink incomes test – “Free Income Area” amount for 2024/25

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The income free areas applying for 2024/25 financial year are $212 (single – previously $204) and $372 (couple combined – previously $360). The income free area is the amount of... Read more continue reading

Catch-up contributions – are they for you?

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This article considers the application of the “catch-up” contribution provisions: When they can be made? How much can be made? What happens if an excess of “catch up” contributions are... Read more continue reading

Millennials locked out of the property market, but super a good option

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Millennials are firmly locked out of the Australian property market and with average dwelling prices in NSW sitting above $1.2 million, now is time for younger Australians to consider other... Read more continue reading

Death bed benefit withdrawals

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What are they? Death bed benefit withdrawals is a poignant description of the situation where a member of a superannuation fund makes a request to withdrawal their superannuation benefit as... Read more continue reading

Super funds stabilise returns in May 

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Markets saw an improvement over May following April losses as equities stabilised. While not enough to fully regain the -1.6% fall in April, leading superannuation research house SuperRatings estimates that... Read more continue reading

Investment Trends report highlights key drivers of member engagement and service needs

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Leading research firm Investment Trends releases the 16th edition of its 2024 Super Member Engagement Report. Providing an in-depth look at member attitudes, satisfaction and advocacy, including how they would... Read more continue reading

Superannuation might not be as tax effective after you die, Equity Trustees warns

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Superannuation is widely known as the most tax effective way to build wealth, but Equity Trustees warns estate planners to investigate the tax status of those receiving an inheritance via... Read more continue reading

Super funds still on track to deliver a healthy FY24 result

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After five straight months of positive returns, super funds experienced a pull-back in April with the median growth fund (61 to 80% in growth assets) down 1.7% over the month.... Read more continue reading

Running out of money, rising cost of living are top retirement concerns: new CSBA research

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The latest CSBA FEAL Superannuation Experience & Engagement Benchmark with fresh attitudinal insights garnered from additional survey questions, has found that Running out of money was the top concern for 18%... Read more continue reading