Investors squeezed out by new super taxes
Topping up your super with voluntary contributions has been a popular strategy among Australians – now it faces being choked off by changes to the superannuation system.
Topping up your super with voluntary contributions has been a popular strategy among Australians – now it faces being choked off by changes to the superannuation system.
The AFP have finally received a report into last week’s cyber attack on the nation’s biggest super funds, while Tony Burke has downplayed the heist, saying only ‘four people’ had money stolen.
The corporate regulator wants to dig deeper into ‘private markets’. But will it hinder retail investor options as it seeks to examine big super?
Super funds delivered bumper returns in 2024, with the best of the lot a retail fund focusing on younger members. See the top 10 performers.
Financial advisers and their clients aren’t standing by as industry fund Cbus is mired in a string of scandals; they have been moving their money out.
When super funds get it wrong it is unacceptable, and the repercussions can be devastating, both financially and emotionally.
Super funds are increasingly failing retirees due to technical ‘outages’ all while they dictate to listed companies how they should run their operations.
Original URL: https://www.theaustralian.com.au/topics/big-super