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.
SUPER NEWS
Super news for January 2021
APRA updates MySuper heatmap, Super fund underperformers, MTAA Super and Tasplan merger, Consultation to improve business communications.
SUPER FUNDS
How your super fund works and who’s who in your fund
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.
Best performing super funds: Growth category (61–80%)
The list of top 10 Growth funds in 2023 rounded up some of the usual suspects with a few newcomers, but over 10 years the top funds remain remarkably consistent.
Super fund performance over 31 calendar years (to December 2023)
Super funds surmounted a wall of worries in 2023 to post a return of almost 10%, thanks to buoyant global share markets.
Super fund performance: Monthly returns to March 2024
Super funds continued their positive run in March, with the median Growth fund up 1.9% over the month.
INSURANCE THROUGH SUPER
Insurance inside super: A definitive guide
If you have insurance inside super but you’re not sure how it works, it’s easy to take control once you learn the basics and how to assess your needs.
TPD insurance through super: A definitive guide
TPD cover is a valuable benefit often provided as part of your insurance cover inside super. But there are important differences between funds, so ensure you check out the details.
Income protection insurance through super: A definitive guide
Income protection insurance through your super fund can be invaluable for paying the bills if you can’t work temporarily. But it’s important to understand exactly how these policies work.
Life insurance through super: A definitive guide
Holding death cover through your super fund can be a costeffective way to protect your family and financial dependents and to help pay off your debts if you die.
Super funds with the lowest life and TPD insurance premiums
As the cost of living rises, life and TPD insurance premiums inside super have bucked the trend with little or no movement in 2023.
Super funds with the lowest income protection insurance premiums
Income protection premiums continued to increase at a significantly higher rate than death and TPD premiums in 2023, but the cost of cover varies widely.
SMSFs
2020 year in review, 2021 preview
After a tumultuous year that rocked lives and livelihoods, investors have cause for cautious optimism in the year ahead.
Your 2024 SMSF calendar
Forewarned is forearmed, as they say, so why not download our 2024 SMSF calendar to ensure you don’t miss any crucial dates, deadlines or opportunities in the year ahead.
5 new year’s resolutions for your SMSF
Take a few minutes out of your day to make some financial commitments for your self-managed super fund in 2023.
A step-by-step guide to valuing tricky assets
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.
SMSFs and insurance: Rules and considerations
There are pros and cons to weigh up before you purchase insurance through your SMSF, so it’s important to understand the rules.
RETIREMENT PLANNING
Retirement planning case study: Couple aged 47 and 48
If you’re in your late 40s and want to continue your affluent lifestyle in retirement, it’s time to crunch the numbers and boost your super if necessary.
Retirement planning case study: Single woman aged 52
Even if you are already in your 50s on a low to medium income, it’s not too late to achieve your retirement income goals.
How to use the Moneysmart Retirement Planner
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.
Granny flats: How to ensure everyone’s rights are protected
Multi-generational households can make a lot of sense financially and for mutual care. But it’s worth making a formal agreement to avoid issues with tax and the Age Pension.
What is the retirement age in Australia?
When (and if) you retire is up to you, but there are rules around when you can access your super and the Age Pension.
Retiree reflections: If I had my time over, when would I retire?
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?