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Superannuation

This Month

High interest rates mean younger Australians are feeling economic pain much more than those over 65 years of age.

Market rout exposes risks to SMSFs from Labor’s superannuation tax

The plunge in shares has exposed how around 80,000 self-funded retirees with large balances could suffer unrecoverable losses if the proposed levy is enacted.

AusActive CEO Barrie Elvish: “Australian teenagers rank with some of the least active in the world, and 66 per cent of Australian adults are living overweight or with obesity.”

Obesity is costing Australia a fortune, and the solution is in the pub

Prominent people were asked to propose one policy initiative they believed political parties should pledge to do, should they win the election.

The S&P 500 index slumped toward a “bear market” before a wild rally a day later.

One surprising group sailed through the Trump turmoil - here’s how

As markets plunged, jumped, slumped and soared around them, the one thing this group didn’t do was panic.

A breach can trigger significant tax penalties, non-compliance risks and potential trustee disqualification.

Why your SMSF is not a de facto private bank

Many self-managed super fund trustees continue to cite a handful of persistent myths to justify – or excuse – unlawful loans.

Some exposure to bonds may be protecting your super from the worst of the share market falls.

This will cushion your super balance during the Trump slump

Bonds typically act as a counterbalance to equities, providing ballast during share market corrections. But this time around there’s a wrinkle in the system.

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The opponents tap gloves before a brawl.

Election campaign of cheap jibes and petty bribes

Readers’ letters on Anthony Albanese and Peter Dutton’s campaign performance, Donald Trump’s tariffs and making childcare a tax deduction.

Burke breaks silence on fund hacks as Victoria Police moves in

Cybersecurity Minister Tony Burke has broken his long silence on last week’s co-ordinated attack on superannuation funds.

Wayne Swan on the campaign trail on Sunday.

Cbus insists Wayne Swan is at the wheel

After backtracking on declarations it had not, in fact, been hacked, Cbus is now investigating its own “cyber incident”.

Super fund customers’ details are up for sale on dark web forums.

Cyber minister Tony Burke ‘radio silent’ on super breach: Coalition

The accusation comes after cybersecurity firms identified the details of thousands of Australian retirees for sale online.

To make the downsizer contribution, you’ve got to be 55 or older selling a property that you’ve owned for at least 10 years.

How can I add a downsizer contribution and inheritance to super?

There is the potential to contribute a combined $1.32 million to your super fund and that of your spouse.

Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

AusSuper to refund customers as Cbus admits hack

AustralianSuper has vowed to refund members who had $500,000 stolen from their accounts in a cyberattack.

Members say it has been difficult to access their superannuation accounts, as a hacking incident collided with a sharp sell-off in markets.

Retirees are trying to change their super. They can’t log in

While market volatility is wiping billions off sharemarkets, super members wanting to check their balances or change investments are being hampered by outages.

Superannuation funds are urging their members not to abruptly switch to conservative options like cash, warning it could be worse in the long-run.

Super funds urge members not to panic after rout takes losses to $170b

The country’s largest retirement investors say they are leaning in to the meltdown, which they see as a short-term problem that presents buying opportunities.

Federal Treasurer Jim Chalmers in Sydney on Monday.

Cyberattack exposes Labor big super weakness

Cyber breaches and Donald Trump’s sharemarket rout have exposed further flaws in Labor’s compulsory super system and its union-aligned funds.

Trump’s 19th century economic policy

Readers’ letters on Donald Trump’s tariff regime, the ASX slump and superannuation balances, ANZ cultural change.

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Anthony Albanese visited a home in Melbourne’s northern suburbs while campaigning on Monday.

Labor sweats superannuation hit from sharemarket rout

Anthony Albanese says he is worried about the fall-out from Donald Trump’s growing trade war, particularly for hard-hit countries in Asia.

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ASX in freefall; Star seals $300m deal; Super funds given deadline

Read everything that’s happened in the news so far today.

Industry organisations including the ACSI, ASFA, and Women in Super have been rocked by new phishing scams.

Cybercriminals impersonated super executives in week of mass breach

The attacks occurred in the same week hackers compromised the largest funds and siphoned retirement savings out of member accounts.

Recently retired Jo White at home in Coogee in Sydney’s eastern suburbs.

This retiree expects a market ‘bloodbath’. Here’s what will help

Jo White, 64, refuses to look at her super balance given what’s happened in financial markets over the past few days. These wealth experts lay out a game plan.

Traders on the floor of the New York Stock Exchange on Friday. Super funds appeared ill prepared for the double whammy of a cyberattack and a global market meltdown.

With global markets in turmoil, big super faces an epic stress test

The major funds will get a chance to prove they can handle the turbulence. But the financial system’s vulnerabilities have shifted from banks to pensions.

Original URL: https://www.afr.com/topic/superannuation-62e