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July 2020 newsletter

Super performance for 2019-20, Year in review, Super contributions strategies, Super and tax, Managing your SMSF through a recession, Wellbeing and brain health in retirement

Highlights of the July 2020 edition of the SuperGuide newsletter include:

  • WHAT JUST HAPPENED? After a year punctuated by the worst pandemic in a century and the worst global recession in nearly as long, super fund returns finished the year… where they began. We chart super’s performance over the past month, year and over the long-term.
  • PHEW! YOU MADE IT: It’s been a challenging year for SMSF trustees. We survey the year that was and how to steer your fund through a recession.
  • BAND-AID SOLUTION FOR TPD INSURANCE IN SUPER: A temporary relaxation of tough eligibility tests for ill or injured people claiming on their TPD insurance in super is not good enough.
  • DOES YOUR SUPER NEED A SHOT IN THE ARM? If your super looks a bit anaemic, making extra contributions is a smart move. Whether you are still working or recently retired, we outline your options.
  • UNDERSTANDING SUPER CAN BE TAXING: If you find the taxation of super confusing, you’re not alone. We feel your pain, so we’ve put together a guide to help you make the most of the tax concessions on offer without breaking the rules.
  • CHALLENGE YOUR BRAIN, FEEL THE GAIN: Retirement may be a chance to ease back but staying engaged and challenged is vitally important for brain health as we age. In this video interview, we explain how.

SUPER NEWS

Super news for July 2020
ATO clamping down on false claims, AFCA’s 80,000 complaints, MySuper Heatmap delivers for members, Robo-advice lagging in Australia, Australians pay closer attention to super. Read more.
Super news for July 2020
ATO clamping down on false claims, AFCA’s 80,000 complaints, MySuper Heatmap delivers for members, Robo-advice lagging in Australia, Australians pay closer attention to super. Read more.

SUPER FUND PERFORMANCE FOR 2019-20

Best performing super funds: Growth category (61–80%)
The difference between holding your super savings in a leading fund compared to a lemon can make a big difference to your retirement outcome, so it pays to keep an eye on which funds perform well consistently over the long term as well as the past year. Read more.
Best performing super funds: Growth category (61–80%)
The difference between holding your super savings in a leading fund compared to a lemon can make a big difference to your retirement outcome, so it pays to keep an eye on which funds perform well consistently over the long term as well as the past year. Read more.
Super fund performance: Annual returns to June 2026
Super funds have now returned more than 9% for four financial years running, capping off another strong year to June 2026. Read more.
Super fund performance: Annual returns to June 2026
Super funds have now returned more than 9% for four financial years running, capping off another strong year to June 2026. Read more.
Super fund performance: Monthly returns to July 2026
The median Growth fund returned 0.3% in July 2026, a modest start to the new financial year after a 9.5% gain in 2025–26. See the latest monthly returns for all… Read more.
Super fund performance: Monthly returns to July 2026
The median Growth fund returned 0.3% in July 2026, a modest start to the new financial year after a 9.5% gain in 2025–26. See the latest monthly returns for all… Read more.

SUPER CONTRIBUTION STRATEGIES

Working out the best mix of super contributions
Growing your retirement savings needs the right mix of super contributions. Some case studies may help you start thinking about what’s right for you. Read more
Working out the best mix of super contributions
Growing your retirement savings needs the right mix of super contributions. Some case studies may help you start thinking about what’s right for you. Read more
What are the current work test rules for super contributions?
If you are over age 67 there is still one type of contribution that needs to pass the test. Read more.
What are the current work test rules for super contributions?
If you are over age 67 there is still one type of contribution that needs to pass the test. Read more.
Making super contributions after age 60: Even in retirement
If you have cash to spare or receive a windfall, there are many ways you can add to your super later in life, even if you are no longer working. Read more.
Making super contributions after age 60: Even in retirement
If you have cash to spare or receive a windfall, there are many ways you can add to your super later in life, even if you are no longer working. Read more.
Bring-forward rule explained: How to make large super contributions
Using the bring-forward rule is a great way to put a larger contribution into your super account in a single year. Here’s what you need to know. Read more.
Bring-forward rule explained: How to make large super contributions
Using the bring-forward rule is a great way to put a larger contribution into your super account in a single year. Here’s what you need to know. Read more.
Super recontribution strategy: How it works (including calculator)
Find out how a recontribution strategy can decrease tax for your beneficiaries and help you and your spouse share super balances more evenly. Read more.
Super recontribution strategy: How it works (including calculator)
Find out how a recontribution strategy can decrease tax for your beneficiaries and help you and your spouse share super balances more evenly. Read more.
How carry-forward (catch-up) super contributions work
If you haven’t used all your concessional contributions cap in recent years you can play catch-up and get a handy tax concession to sweeten the deal. Read more.
How carry-forward (catch-up) super contributions work
If you haven’t used all your concessional contributions cap in recent years you can play catch-up and get a handy tax concession to sweeten the deal. Read more.
How to boost your spouse’s super balance (including calculator)
Couples who plan together succeed together. Learn how paying attention to your spouse’s super could maximise your opportunities. Read more.
How to boost your spouse’s super balance (including calculator)
Couples who plan together succeed together. Learn how paying attention to your spouse’s super could maximise your opportunities. Read more.
What to do if you exceed your super contributions caps
Going over your annual limits for super contributions isn’t disastrous, but you should know the consequences and your options. Read more.
What to do if you exceed your super contributions caps
Going over your annual limits for super contributions isn’t disastrous, but you should know the consequences and your options. Read more.

SUPER AND TAX

How superannuation is taxed: Super for beginners guide
Super is a very tax-effective vehicle for your retirement savings, but no-one said the taxation of super was simple. Here’s a quick overview. Read more.
How superannuation is taxed: Super for beginners guide
Super is a very tax-effective vehicle for your retirement savings, but no-one said the taxation of super was simple. Here’s a quick overview. Read more.
Accessing your super before 60: How much tax will you pay?
If you’re eligible and thinking about tapping into your super before you turn 60, it’s worth checking the tax implications first. In some cases, you may be better holding off for a while. Read more.
Accessing your super before 60: How much tax will you pay?
If you’re eligible and thinking about tapping into your super before you turn 60, it’s worth checking the tax implications first. In some cases, you may be better holding off for a while. Read more.
Accessing your super after 60: Is it really tax free?
Once you turn 60 and start withdrawing your super, the tax advantages of the super system come into play. But what does it mean for your tax return? Read more.
Accessing your super after 60: Is it really tax free?
Once you turn 60 and start withdrawing your super, the tax advantages of the super system come into play. But what does it mean for your tax return? Read more.

SMSFs

Managing your SMSF in a downturn
With slower growth, higher inflation and volatile markets the order of the day, investors need a plan to help them navigate choppy waters. Read more.
Managing your SMSF in a downturn
With slower growth, higher inflation and volatile markets the order of the day, investors need a plan to help them navigate choppy waters. Read more.
TBAR: Transfer balance account reporting for SMSFs
Understanding the transfer balance account rules, including timing and transaction reporting, is extremely important for SMSF trustees.. Read more.
TBAR: Transfer balance account reporting for SMSFs
Understanding the transfer balance account rules, including timing and transaction reporting, is extremely important for SMSF trustees.. Read more.

IN RETIREMENT

Video: Wellbeing in retirement
Tracey Spicer talks to world-renowned positive psychology and wellbeing expert Sue Langley about ways to think about wellbeing in retirement. Read more.
Video: Wellbeing in retirement
Tracey Spicer talks to world-renowned positive psychology and wellbeing expert Sue Langley about ways to think about wellbeing in retirement. Read more.
Video: What is Personal Capital?
David Williams from My Longevity talks about the concept of Personal Capital and why it’s important retirees don’t overlook it. Read more.
Video: What is Personal Capital?
David Williams from My Longevity talks about the concept of Personal Capital and why it’s important retirees don’t overlook it. Read more.


SuperGuide is Australia’s leading superannuation and retirement planning website.

SuperGuide Pty Ltd ATF SuperGuide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.

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Retirement is a long way off

Key guides

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