More Australians engaging with super to secure retirement savings impacted by COVID-19

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More Australians are engaging with their superannuation and are positive about new increases to the Super Guarantee (SG) and higher contribution caps. However, the COVID-19 pandemic is causing uncertainty around... Read more continue reading

Behaving badly – could our decision-making flaws undermine the consumer protection intent of recent superannuation changes?

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It is widely accepted that consumer financial protection is important not only to protect consumers but also for the stability of the financial system. Whilst the major knowledge asymmetry that... Read more continue reading

Super funds post a stunning 18% gain – the second highest return ever

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Super funds have delivered their strongest financial year result in 24 years, with the median growth fund (61 to 80% in growth assets) returning a stunning 18% for FY21. This... Read more continue reading

‘Sufficient income for life’ the new retirement paradigm

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In a major update on their research-based approach to retirement income portfolio construction, leading active equity investment manager Martin Currie Australia reaffirms that retirees need to rethink the use of... Read more continue reading

UniSuper hits $100b as it opens to all Australians

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UniSuper, Australia’s fifth largest superannuation fund, surpasses $100 billion in funds under management as it officially opens to new members outside the higher education and research sector, giving more people... Read more continue reading

Superannuation changes from 1 July set to boost retirement savings of millions of Australians

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Leading superannuation provider Colonial First State is encouraging Australians to make the most of the 1 July changes to super, saying the planned super guarantee (SG) increases as well as... Read more continue reading

Super funds deliver over $300 billion to members in FY2021

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Super funds set to finish the financial year on a high SuperRatings has released preliminary performance figures for superannuation fund performance for the period to 30 June 2021, with member... Read more continue reading

The impact of transfer balance cap indexation

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Starting 1 July 2021, the transfer balance cap (“TBC”) will be indexed from $1.6 million to $1.7 million (“Indexed TBC”). Although this change sounds like good news, it does come... Read more continue reading

Super with greater flexibility but alternatives still required

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After years of increasingly restrictive limitations being imposed on superannuation, the tide has turned on the $2 trillion-plus industry, according to HLB Mann Judd Sydney wealth management partner, Michael Hutton.... Read more continue reading

Super Member Engagement Report – Members are paying close attention to super fund merger activity

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Key points 27% of members see merging with a larger fund as a positive outcome compared to 11% who see it as a negative. The majority are indifferent The few... Read more continue reading