)
Business
How much super do you need to retire?
It’s the question everyone is asking: How much do you need to retire? New data from Super Consumers Australia suggests it could be less than you think.
Business
It’s the question everyone is asking: How much do you need to retire? New data from Super Consumers Australia suggests it could be less than you think.
)
News
About 300,000 low-paid workers – the majority of whom are women – will receive a financial boost after the Senate passed legislation giving superannuation entitlements to those earning under $450 monthly.
Get InDaily in your inbox. Daily. The best local news sent straight to your inbox every workday at lunchtime.
Thanks for signing up to the InDaily newsletter.
Annual superannuation statements will be sent out soon and for most investors, apart from those conservatively invested, they will likely show double-digit returns. If yours doesn’t – it might be worth reviewing your options, says BDO Private Wealth Director Lachlan Kennett.
Treasurer Josh Frydenberg’s third Federal Budget went some way towards reducing the complexity of the rules around Australian superannuation, but there’s more work to be done, according to a leading expert.
Remember when the only conversation at barbecues and the pub was sport or politics? That time is long gone and it’s not unusual for the conversation to now extend to matters financial – including the performance of shares and super funds.
For the first time since the 1990s, nearly 15,000 retired South Australian public servants will see their indexed pensions frozen until consumer prices bounce back – but the state Treasurer has intervened to ensure they don’t lose money.
