Set out below are all SuperGuide articles that relate to How super works.
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.
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.
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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.
Super news for December 2020
Rise in costs for retirees, APRA releases latest super statistics, Returns not the main driver for SMSF trustees, Financing ageing in place for older Australians, Financial advice boosts wealth and health
What are the accumulation and retirement phases of super?
Superannuation has two broad phases – the accumulation and retirement phases, but it’s important to note that they aren’t distinct. Someone can have some of their super in accumulation and some in retirement.
Super for beginners: How superannuation is taxed
This article broadly explains how superannuation is taxed, including when you make contributions, as your super grows, and when you access your super.
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Quiz: Employer super responsibilities
Take this 10-question quiz to test your knowledge on the superannuation responsibilities for employers.
Key observations from the Retirement Income Review
It’s quite a challenge to succinctly summarise the 233,117 words of the Retirement Income Review, and the report itself will be dwarfed by the coverage it receives in the coming weeks, months and years.
Video: Industry experts respond to the Retirement Income Review
Tracey Spicer talks to industry experts, including Stephen Koukoulas, Andrew Boal and Brendan Coates about their takes on the Retirement Income Review.
Retirement Income Review finds 9.5% super is enough
The wisdom of increasing compulsory super next July is not the only reason the Retirement Income Review was eagerly anticipated, but it certainly added fuel to the fire.
What matters is the home: Review finds most retirees well off, some very badly off
Most retired Australians are at least as well off in retirement as they were while working, but not all. The huge exception is retirees who do not own their own homes.