Mining industry doom ads referred to ASIC
THERE are fears the mining industry’s ads against the super profits tax could “talk down” retirement funds.
Superannuation
Funds expect healthy returns as super up
MOST super funds on track for double-digit returns by financial year’s end, a relief after run of losses.
Thousands plunder funds in super scam
SUPER accounts plundered to fund shopping sprees and property in illegal rort to taxpayers.
Super tax ‘won’t scare off’ China investors
CHINESE owners of iron ore business Sinosteel Midwest say investors are still committed to the region, despite super tax plan.
Super takes $44bn hit on market turmoil
TENS of thousands of dollars have been wiped from typical super account balance sheets.
Super bribe for elderly to keep working
OLDER Australians would be given early access to their super as an incentive to keep working, the Federal Opposition says.
Henry bites back hard over mining tax
TREASURY secretary Ken Henry said the new resources tax was poorly understood by the markets.
Massive retirement boost for all Aussies
MILLIONS will get a big boost to their retirement nest egg with compulsory employer super payments hiked to 12pc.
The super shake-up starts today
AUSSIES to be given more incentive to save, but big business might not like the super changes.
Super shake-up brings $50,000 bonus
RETIREMENT savings to get a boost under rules banning financial advisers from receiving superannuation commissions.
Super bounces back after lean years
FOR the first time in three years almost every super fund will not make a loss, latest stats reveal.
Tweaking super to get the benefits
YOU may find that by simply tweaking your super you are entitled to some hefty benefits.
Taxman targets excess nest egg payments
THE taxman is targeting investors who put away too much super, with an estimated 70,000 people expected to face hefty fines.
No-frills My Super ‘cheap and nasty’
MY SUPER, the proposed low-frills option for workers who want to set and forget their superannuation, labelled “cheap and nasty”.
No-frills ‘MySuper’ forced on funds
EVERY major super fund will be forced to offer a low-cost, no-frills fund under a radical overhaul.
Super keeps lifting from depths of crisis
SUPER funds continue their bounce back as profits from the investment markets gain strength.
Aussies stand to lose $120bn in super
SUPER savings invested in retail funds stand to lose $120bn during the next decade, a report says.
Strong dollar hits super returns
SUPER funds fell back slightly last month under pressure from a strong dollar and retreating markets.
Super changes ‘like cane toads’
CHANGES to super laws could be “as disastrous as the introduction of the cane toad”, expert says.
Industry super members better off
INDUSTRY fund members are almost $80,000 better off than retail customers at the end of their working lives, a report says.
ATO crackdown on DIY super funds
THE taxman is getting tough on self-run super funds and knowing the rules is the only way to avoid getting burned.
Aussie super funds fifth on global list
THE value of super funds is up by around 9 per cent thanks to a rebound in global markets.
Aussies desert super, invest elsewhere
EXTRA payments into super dry up after the market crash destroyed faith in retirement funds.
Add some spice to your super nest egg
MANY people think super is boring, but there are ways to spice up your nest egg that are definitely not dull.
Keeping language simple a super idea
SIMPLER warnings and a wider choice of funds are some of the ideas in the latest review of Australia’s super sector.
‘No fees for mums on maternity leave’
VIRGIN Money will suspend fees on its super funds for women on maternity leave.
How to beef up your super
WHEN it comes to adding sizzle to your super, there are really only two tools that work – starting early and making regular contributions.
Booming dollar can’t stop super
SUPER funds made a healthy 2.6 per cent investment profit in September, despite a strong Australian dollar pegging back returns.
Excessive super fees ‘cost $14bn a year’
EXCESSIVE superannuation fees and commissions cost savers more than $14 billion a year, around half the cost of paying the age pension, a study has found.
Market rally boosts superannuation
SUPER funds have risen for a sixth straight month as markets rally but most are still down from a year ago.
Original URL: https://www.news.com.au/finance/superannuation/page/34