Best performing funds, Super scams, SMSF retirement income strategy, Timing your retirement, Starting a super pension, Tax and death benefits
Highlights of the August 2021 edition of the SuperGuide Premium newsletter include:
- TOP SUPER FUNDS: We reveal which funds are the best performers, the best at managing risk and top sustainable funds.
- SCAM ALERT! With super scams on the rise, being alert to the danger signs can save much alarm.
- FOCUS ON RETIREMENT INCOME: SMSFs have been put on notice that the Retirement Income Convenant will also apply to them.
- COUNTDOWN TO RETIREMENT: Recent rule changes make it easier to boost your nest egg close to retirement, but timing still matters.
- SUPER WAYS TO START A PENSION: So you’re ready to start withdrawing your super. We guide you through your options.
- DEATH AND TAXES: Understanding how death benefits are taxed will benefit your loved ones when they inherit your super.
HOW SUPER WORKS
Super news for August 2021
Retirement income covenant position paper released, Latest Superannuation Inquiry is “political theatre”, Retail investors flock to sustainable strategies, Superhero launches new super fund, SMSFs most satisfied superannuation fund members, Australians engaged with superannuation.
Read moreSuper scams: What are they and how do you avoid them?
Scams are on the rise and evolving all the time. We show you how to spot them and keep your money safe.
Read moreBring-forward vs carry-forward contributions: What’s the difference?
These case studies show you how to bring forward future super contributions and carry forward unused contributions from the past.
Read moreSUPER FUND PERFORMANCE
Top 20 Balanced super funds ranked by risk and return
Recent market volatility and its impact on super returns has highlighted the importance of managing investment risk. Some super funds manage this task better than others.
Read moreTop performing sustainable super funds (to June 2021)
Sustainable investing is moving into the mainstream as investment choice and long-term returns grow strongly.
Read moreSuper fund performance: Monthly returns to August 2021
Super funds continue to produce strong returns for their members in a difficult economic climate, with the median Growth fund up 1.7% in August for a cumulative return of 2.8% in the first two months of the financial year.
Read morePension fund performance to June 2021
Superannuation pension funds delivered stellar returns to retirees in the year to June 2021, with the median Growth fund up a remarkable 20.1%.
Read moreBEST PERFORMING SUPER AND PENSION FUNDS
Check out the best performing super and pension funds across 5 different investment categories over 1 year and 10 years, updated to 30 June 2021.
Super funds
Pension funds
SUPER AND PENSION FUND QUARTILES
If your super fund is not in the top 10, see which quartile it ranks in across 5 different investment categories and 8 different timeframes, updated to 31 June 2021:
Super and pension fund performance: Where does your fund rank?
SMSFs
Should you develop a retirement income strategy document for your SMSF?
A new position paper from Treasury is a timely reminder for SMSF trustees to review their investment strategies.
Read moreHad enough of your SMSF: What are your options?
Running an SMSF can sound appealing when you start out, but as the years pass there are many reasons you may want out. So, what are the alternatives?
Read moreHow do ETFs compare to LICs and managed funds?
Exchange traded funds have exploded in popularity in recent years, but LICs and managed funds still have a role to play.
Read moreSMSFs and property: A Super Guide
The ability to invest in real property is one of the attractions of SMSFs, but it’s tightly regulated.
Read moreRETIREMENT PLANNING
Timing counts if you plan to retire this year and start a super pension
Financial barriers to retirement have eased a little since July 1, with increased super contributions caps, but retirees will have to wait for a relaxation of the work test.
Read moreGuide to transition-to-retirement pensions (TTRs or TRISs)
If you are looking to wind back working hours or boost your super in the lead-up to retirement, a TTR pension may be the answer.
Read moreWhy financial literacy is vital for a good retirement
Understanding how to manage and invest your money is an essential skill when it comes to building a successful retirement.
Read moreHow do I apply for the Age Pension?
This article is a step-by-step guide to claiming the Age Pension and getting it right the first time so you can avoid any delays or frustration.
Read moreIN RETIREMENT
Starting a pension from your super
When you retire there’s more than one way to withdraw income from your super; we explain your options.
Read moreWho gets your super when you die? A guide to death benefit nominations
There are at least 5 different types of death benefit nomination to choose from if you want to decide who will get your super death benefit.
Read moreReversionary pensions: What they are and how they work
Having your super pension automatically revert to your spouse can be an easy way to ensure your spouse’s financial situation is taken care after your death.
Read moreA simple guide to what tax is payable on super death benefits
The tax on your super death benefit can be tricky to understand, but it’s important to know what’s what so your beneficiaries don’t end up paying too much tax.
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