Super funds lose 2% for 2011 year (12 months to December 2011)
The median superannuation growth fund lost 2% in value for the 2011 calendar year, although the median fund is sitting on a gain of 2% for the 3 months to December 2011, according to rating company Chant West.
Tax-free super: what happens when I start a pension just before turning 60?
Q: I will be 60 in March 2012. Is the compulsory 4% drawdown from my super pension treated on a pro rata basis for my tax return for the 2011/2012 year, or can I draw it down after March 2012 rendering my super income after 60, tax-free?
What a relief! Minimum pension payments reduced by 25% for 2011/2012 and 2012/2013 years
The Government has announced that pension payment relief will be available for the 2012/2013 year as well as for the 2011/2012 financial year.
Super funds gain 3.1% for October 2011 (but lose 2.4% for year to date)
The median superannuation growth fund gained 3.1% in value for the month of October, although still sitting on a loss of 2.4% for the financial year to date (that is 4 months, from July 2011 through to 31 October 2011), according to rating company Chant West.
Frozen managed funds and SMSFs
I am retired and manage my own SMSF (together with my wife) for the past 3 years. We have still some amounts in frozen managed funds and look for a forum to discuss the topic,
Surviving the post-GFC era: 10 super strategies
Investment returns for most super accounts in Australia were abysmal for the 3 months to 30 September 2011, with the median growth super fund losing 5.1% for the quarter, although the sharemarkets did roar back to life in late-October 2011.
Super funds lose 5.1% in 3 months (to September 2011)
The median superannuation growth fund lost 1.9% of value for the month of September, and has suffered a depressing loss of 5.1% for the financial year to date (that is 3 months, from July 2011 through to 30 September 2011), according to rating company Chant West.
Retirement: Can Australia afford to support your lifestyle?
Are you planning to fund yourself over a 40-year retirement or do you think Australia can afford to finance your retirement?
THE SOAPBOX: Is your super fund gambling with your retirement savings?
Complacency is a dangerous state of mind when you’re investing billions of dollars on behalf of millions of Australians, especially in the wake of the global financial crisis (GFC).
Super funds deliver 9.2% for 12 months (2010/2011 year)
The median superannuation growth fund delivered 9.2% for the 12 months to 30 June 2011, ahead of the long-term expected annual return of about 7% per annum, according to rating company Chant West.
Peace of mind, at a cost: 10 things to know about annuities
The GFC, and the financial carnage that followed, devastated the value of many Australian retirement portfolios. For some retirees and prospective retirees, the risk of another sharemarket crash has redirected attention to the possibility of a guaranteed income in retirement, taking the form of an annuity.
