Set out below are all SuperGuide articles that relate to How super works.
Super news for April 2021
Your Future, Your Super legislation attracts industry criticism; Top postcodes revealed for lost and unclaimed super; ASFA argues accessing super would make housing affordability worse, not better; new research dismisses the idea that retirees die with most of their super untouched; Huge gender gap in super concessions; ASIC’s mea culpa on SMSF costs; AMP appoints its first female chief.
Indexation of the Transfer Balance Cap
While applauding the indexation of superannuation caps for cost-of-living increases, Meg Heffron argues for more simplicity and less red tape.
Case studies: How to make the most of higher contribution caps
From 1 July, the annual amount you can contribute to super will rise. If you are planning to make a large non-concessional contribution, it pays to think about timing.
Yes, women retire with less than men, but boosting compulsory super won’t help
All sorts of claims are being made following the release of the Retirement Income Review, including that it paid insufficient attention to issues of gender.
Super funds have been working for themselves when they should have been working for us. That’s about to change.
Have you ever wondered why your super fund rarely sends you mail? It could be because it is one of the 36 funds that perform badly, or one of the six funds that perform extraordinarily badly. As of mid last year those six funds managed the retirement savings of 900,000 Australians.
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Super news for March 2021
Super caps to rise, ASIC commences civil proceedings against REST and Statewide, APRA wants super funds to lift their game on insurance, QSuper and Sunsuper merger update, Toyota Super to merge into Equipsuper, Aware Super and VISSF discuss merger, Costs rise for retirees, Three strikes and you’re out for SMSF annual returns, AMP Capital offloads some investment management capabilities
Capital gains and super: Using super contributions to reduce your CGT bill
Making super contributions not only helps with saving for your retirement; it can also be a useful tool for minimising your tax bill in the right situation.
Definitive guide to the Transfer Balance Cap
The transfer balance cap is about to increase. Are you ready?
How to take advantage of the increased Transfer Balance Cap (including calculator)
If you have already retired, or are close to it, from 1 July 2021 you may be able to boost the amount in your tax-free super pension account.
Super news for February 2021
Transfer balance cap to rise 1 July 2021, Super associations urge government to make super fair for all, Nearly one million young Australians left with little or no super, ATO has its eye on auditor details in SMSF annual returns, SMSF Association calls for less complexity in super, High Court says Westpac subsidiaries gave unauthorised personal advice, Optimum Pensions to launch new market-linked lifetime annuity, Maritime Super to outsource investment to Hostplus.
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That extra you’re about to get in super, most of it will come from you, but don’t expect the ads to tell you that
There’s something odd about those television and internet advertisements telling us we are getting more super.
Tax in SMSFs and regular super funds: Which is better?
All super funds pay the same tax rate, but there are differences in the ability of SMSFs and large super funds to manage their tax liabilities for the benefit of members.
Understanding the difference between your total superannuation balance and your transfer balance cap
Don’t know your TSB from your TBC? Read this simple explainer.
Do retirees hoard their superannuation?
Jim Bonham from Save Our Super examines recent claims that retirees have been hoarding their superannuation.
Super news for January 2021
APRA updates MySuper heatmap, Super fund underperformers, MTAA Super and Tasplan merger, Consultation to improve business communications.