Note: This article provides a complete list of official, authorised MySuper products. This list will be updated regularly as new MySuper products are authorised by the Australian Prudential Regulation Authority (APRA). From 1 July 2013, super funds can offer a new superannuation product called … [Read more...]
If you’re comparing super funds, you have just over 300 super funds to consider. Daunting? Perhaps, but it is important to note that there are only 5 types of super funds in Australia, and most Australians can only choose from 3 of these fund types. You can expect to find the following five … [Read more...]
Note: We regularly update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest data available as of May 2013 (for data as at March 2013). Unless you work in the superannuation industry, how the … [Read more...]
Note: We regularly update this article with the latest data on superannuation funds issued by the Australian Prudential Regulation Authority (APRA). This article contains the latest statistics available, as of May 2013 (for data as at March 2013). More than half a million self-managed super funds … [Read more...]
Each year, the superannuation regulator releases the latest performance data on the largest 200 superannuation funds in Australia. In January 2013, the Australian Prudential Regulation Authority (APRA) published its third annual report into the investment performance of Australia’s super funds … [Read more...]
Note: This article is updated each year to reflect the latest APRA performance data for Australia’s largest 200 super funds. The latest data was released by APRA in January 2013. The next APRA report is expected to be released in the first quarter of 2014. The Australian Prudential Regulation … [Read more...]
Note: This article contains the latest available fee information as at 2 November 2012. In this article you can find the cheapest super funds and the cheapest pension funds. We update this article periodically with fee data issued by rating companies, SuperRatings and SelectingSuper. We are often … [Read more...]
Q: I have my super with a major financial organisation. I’m wondering, are they a good company to be dealing with? I feel that their fees are a bit high: based on an investment amount of $300,000 the MER amount is $6,600 (2.2%) plus a monthly admin fee of $8.44. What are your thoughts on this … [Read more...]
Q: I am an Australian citizen and I now live in the United Kingdom. I have an Australian super fund accumulating while I am away (although I am no longer making super contributions). I continue to hold bank accounts in Australia. I am 52 and I intend retiring at age 60. When I do retire can I … [Read more...]
A common and reasonable question is, what does a good super fund look like? Professional rating companies, such as SelectingSuper, SuperRatings and Chant West, evaluate and rate Australia’s largest super funds against criteria such as: investment performance number of investment … [Read more...]
Q: I am 55 and I have been made redundant and I'm wondering if I should preserve the benefit in my current fund until I'm 60 or 'switch' to another super fund? The super fund is the PSS. The fund seems to be, for the most part, a defined benefit one although there also seems to be exposure to its … [Read more...]
1. Running two DIY super funds Q: My wife is 58 and retired and she has her own self-managed super fund, where she has rolled over her super funds from various employers. She plans to start her SMSF pension soon. After starting her pension, could she also start another SMSF fund? A person can … [Read more...]
If you plan to leave your super to your adult children when you die, your death benefit may be hit with tax, even though you would have received that benefit tax-free (if aged 60 or over) while you were alive. The reason for this inconsistency is that death benefits paid to non-dependants, such … [Read more...]
This article is the first in a series of articles on annuities, to be published by SuperGuide over the next few months. The Global Financial Crisis, and the financial carnage that followed, devastated the value of many Australian retirement portfolios. For some retirees and prospective retirees, … [Read more...]
Q: Six months ago, my wife and I started a self-managed super fund. We pay a flat fee to have it administered on our behalf. All the assets in the fund at this stage are my rollovers. I am also in the PSS (a public sector fund) and my wife has a small amount in an industry fund, where she … [Read more...]
