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Banks are overloading consumers with choice, and the public believes the banks have a track record of offering numerous financial products, including superannuation, designed to make it hard to assess which is right for them, a new survey finds.
The Association of Superannuation Funds of Australia (ASFA) today released a discussion paper on the changing nature of work and the implications of this for Australian workers, including their superannuation.
With prizes on offer for Australians investing in their super and so many women suffering lower balances than their male counterparts, it makes sense for women to not only invest more into super but try for a Super Booster Day prize to help bump up their balance.
Superannuation is the critical savings that underwrites Australian retirements and provides a $2.3 trillion investment bank for infrastructure and other nation-building assets.
Australian women may often manage the family finances, yet there is evidence some are failing to get a keen grip on their superannuation.
Far too many Australians are out of touch with their superannuation and need to get back together with it, according to the Association of Superannuation Funds of Australia (ASFA).
Government strategies to manage population ageing largely assume that older Australians are home owners. There is often an implied association between home ownership and ageing well: that is, older Australians who own homes are seen as having made the right choices and as being less of a budget burden.
With the costs of living expenses rising, saving enough money for future retirement has become more essential now than ever before writes Bradley Beer.
What if we said by making a lump sum payment into you super by July 1 could potentially boost your retirement for a glamorous holiday, would you read on? Well you had better keep reading….
If, in retirement, you want the comfort of a pet, whether it’s the devotion of a dog, the cool companionship of a cat or the financially less frittering friendship of a fish, you need to find the funds to invest in the ongoing relationship.