Top performing funds of 2020, Year in Review/Preview, How your super fund works, Definitive guides to insurance in super, Your SMSF calendar, Granny flats get a makeover.
Highlights of the January 2021 edition of the SuperGuide Premium newsletter include:
- TOP 10 SUPER OF 2020. After a surprisingly good year for super, we reveal the top 10 Growth funds over one and 10 years.
- WHAT JUST HAPPENED? We look in the rear-view mirror at events that shaped financial markets in 2020, and what lies ahead in 2021.
- WHO’S PULLING THE STRINGS AT YOUR FUND? We reveal who and what make your super fund perform behind the scenes.
- INSURANCE IN SUPER. Read our definitive guides to life insurance in super, plus the latest on premium increases and cheapest funds for insurance.
- GET YOUR SMSF OFF TO A GOOD START. A new year is a good time to turn a new leaf, with our handy SMSF calendar and a guide to valuing tricky assets.
- MAKING GRANNY FLATS FAIR FOR ALL. New rules clarify the financial implications of granny flats, but a formal agreement is a must.
APRA updates MySuper heatmap, Super fund underperformers, MTAA Super and Tasplan merger, Consultation to improve business communications.Read more
Ever wondered why your super fund is set up like it is, or who provides all the services to members? We have the simple answers to all your questions.Read more
Discover the top 10 performing Growth super funds over 1 year and 10 years to 30 June 2021. Growth funds have 61-80% invested in growth assets.Read more
In this article we report median super fund performance for 1, 3, 5, 7, 10 and 15 years, up to 30 June 2021 and across five different investment options.Read more
Super funds continued their positive run into the new financial year, with the median Growth fund (61-80% growth assets) up 1.1% in July.Read more
INSURANCE THROUGH SUPER
Insurance inside super can be confusing, but it’s an easy way to ensure you’re financially protected if something goes wrong. Check our 7 steps for taking control.Read more
TPD cover is a valuable part of default insurance inside super. But there are big differences in what funds offer, so it’s important to understand the details.Read more
Income protection insurance through your super fund will help pay the bills if you can’t work temporarily. But it’s important to understand exactly how these policies work.Read more
Insurance cover through your super fund offers cost effective protection for your family if you die. Here’s a simple guide to death cover, with a checklist of issues you need to considerRead more
Life insurance premiums inside superannuation are on the rise due to legislation making insurance opt-in for young members, inactive accounts and low balance accounts.Read more
The cost of Income Protection insurance has increased sharply, but some super funds are bucking the trend.Read more
Camille Schmidt from SuperRatings talks about some of the benefits of being insured through your super fund, what types of insurance you can get, how to think about your insurance needs, how to compare insurance options and why premiums have recently risen.Read more
After a tumultuous year that rocked lives and livelihoods, investors have cause for cautious optimism in the year ahead.Read more
SMSF trustees have a lot to remember. Along with trustee meetings and minutes, trustees need to keep up to date with current superannuation legislation and review their investments regularly. There are annual returns to lodge, auditor reports to arrange and actuarial reports to book as well if your SMSF is paying a certain kind of pension.Read more
An SMSF is no different to a fitness, diet or a savings plan, in that a few days dedicated to making sure it is in order for the year ahead will reap benefits over the next 12 months. So what are some of the things that you should be resolving to do for your SMSF in 2021?Read more
SMSFs are required to value their assets at market value every financial year, this is easy enough for listed assets, such as equities, but it’s not so straightforward for unlisted assets like commercial property or collectibles.Read more
SMSF trustees regularly need to assess whether each member of their fund has an appropriate level of insurance. In this article we look at whether there are benefits having insurance inside your SMSF rather outside your super fund.Read more
Chris (47) earns $180,000 per year and has $430,000 in super. Lisa (48) earns $80,000 per year and has $220,000 in super. They have one daughter at university and are close to paying off their mortgage. They want to know if they are on track to retire when Chris turns 60.Read more
Deb is worried that she won’t have enough savings to live comfortably in retirement and, at age 52, wonders if she’s left it too late to catch up.Read more
Dan (60) is a freelance web designer who earns $76,000 a year. He hasn’t always put money aside for super, so his balance is a relatively low $120,000.Read more
There can be a bit of a learning curve with MoneySmart’s Retirement Planner, and it may appear intimidating at first glance, so we created a short video to help you get an understanding of how the tool works.Read more
New rules have clarified the tax, Age Pension and other implications of granny flats, but putting a formal agreement in place is vital.Read more
“What is Australia’s retirement age?” or “What age can I retire?” are common questions. The simple answer is “it depends”.Read more
Some of us plan our retirement, some have retirement thrust upon us. So how do retirees feel about the timing of their exit from work?Read more