The wisdom of increasing compulsory super next July is not the only reason the Retirement Incomes Review was eagerly anticipated, but it certainly added fuel to the fire.
Super news for November 2020What are the most popular listed investments for SMSFs?SMSF investment: 20 most popular Australian sharesEmployee or contractor for super purposes? How to tell the differenceCalculating your employees’ SG contributions? The rules to help get it rightSuper and pension fund performance: Where does your fund rank?
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You satisfy the retirement provisions of Australia’s super legislation if you have reached your preservation age, you have ceased gainful employment and you have no intention of becoming gainfully employed again in the future.
Super funds are on track to return to positive territory in 2020 on the back of strong returns from Australian shares and optimism about progress towards a COVID vaccine.
Age Pension rates increased on 20 March 2020. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional Age Pension.
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