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Superannuation

Why do you need superannuation?

Why do you need superannuation? When you’re just starting out in the workforce, it’s easy to see superannuation as money that’s not quite yours. After all, if you’re focused on funding your lifestyle and saving for short-term goals, retirement can seem a lifetime away; and seeing a chunk of your salary disappear into super every […]

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Superannuation

Can super secure a woman’s future?

Can super secure a woman’s future? Here are some stark numbers on the difference between men and women at the point when they retire: To be balanced, we should remember there are many situations where the shortfall in a woman’s super balance is offset by them sharing their partner’s super but that assumes away a […]

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Superannuation

3 things to consider if your Super balance falls

3 things to consider if your Super balance falls From time to time, market movements may cause your super balance to fall. While this can be alarming, you’ll find that it usually recovers in due course. However, if you feel like you need to make some adjustments to your super, here are three things to […]

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Superannuation

The ups and downs of superannuation

The ups and downs of superannuation Many of us like to keep an eye on our superannuation balance. It’s only natural, as we all want to retire in relative comfort, and for many people super is their second largest asset, after their family home. If you’ve been checking your super over the last few months, […]

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Superannuation

New opportunities to grow your Super from 1 July 2022

New opportunities to grow your Super from 1 July 2022 Both older and younger Australians, as well as low-income earners, are set to benefit from some upcoming super opportunities. From 1 July 2022, there will be some changes made to super to make it easier for people to grow their retirement savings. These changes will […]

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Superannuation

Retirement Realities: 5 Tips for Rebuilding a Super Future

Retirement Realities: 5 Tips for Rebuilding a Super Future Australians will need to rebuild their superannuation and retirement savings, after withdrawing more than $36 billion in early super release payments in 2020, according to Colonial First State’s Retirement Realities Series. The research found that the largest number of early super payments were made to Australians […]

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Superannuation

Salary sacrificing into super – how it works

Salary sacrificing into super – how it works Salary sacrificing into super is where you choose to have some of your before-tax income paid into your super account by your employer. This is on top of what your employer might pay you under the super guarantee, which is no less than 10% of your earnings, […]