Contributions caps: the super industry’s view (a clarification)
In the April 2011 SuperGuide newsletter I mentioned that ASFA had stated that the halving of the contributions caps would only affect 4% of Australians who salary sacrifice. I claimed that ASFA had misled the Australian public with that statistic, and ASFA took exception to my claim.
Exposing the performance history of Australia’s largest 200 super funds
The Australian Prudential Regulation Authority (APRA) has released its latest report on the performance of Australia’s largest 200 superannuation funds for the years 2004 to 2010. The report also provides average returns for the 200 super funds over a 5-year period and 7-year period.
THE SOAPBOX: My top 10 super wish list for Australian consumers
The Government is digesting the Henry Tax Review and presumably cooking up mind-boggling changes to superannuation and retirement policy for the May 2010 Federal Budget. The Cooper review is considering the many industry submissions before preparing and delivering its final report to Government due by the end of June 2010.
THE SOAPBOX: Defending decent SMSF trustees
Based on the bagging that DIY super trustees have received in the media recently from government and certain sectors of the superannuation industry, you may be thinking that taking control of your retirement savings via a self-managed super fund (SMSF) [...]
Top ten problems with our super system, and how we can fix them
In the May 2009 edition of SuperGuide, I promised you a list of what I believed to be the top ten problems with Australia’s super system. My motivation for promising this list was the federal government’s announcement of yet another [...]
Another super review: Who’s looking out for consumers?
The Superannuation Minister Nick Sherry has announced another review of the superannuation sector. He believes that after nearly 20 years of compulsory super that it’s time to re-examine the system. Senator Sherry has made it clear that this review is [...]
THE SOAPBOX: Women and carers ignored by super law-makers
I first wrote about the unfairness of Australia’s super system for most women in the Melbourne Age in July 2007. Incredibly, nothing has changed during the past two years. In the hope that those reviewing the super system (see article, [...]
