May 2020 newsletter

In this article you can discover the top 10 performing All Growth super funds over 1 year and 10 years to 30 June 2021. All Growth funds have 96-100% invested in growth assets.

In this article you can discover the top 10 performing Balanced pension funds over 1 year and 10 years to 30 June 2021. Balanced funds have 41-60% invested in growth assets.

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.

The impressive share market recovery since the end of March last year has boosted returns for all Lifecycle age cohorts during that period, but younger members with higher allocations to shares have enjoyed the best of bounce back.

In the early years of your career, there’s a lot competing for your hard-earned dollars. But your super is important too, so here’s the lowdown.

When you reach your 50s and retirement beckons, it’s time to get serious about your super. Here are the key rules that apply to this age group.

When you reach your 60s, the rules around making contributions and withdrawals from your super account start to change, so it’s important to know what’s what.

Although some people are still working in their 70s, making super contributions becomes more difficult, so it’s important to know the rules.

Access to early super resumes, ASIC defers mortgage broker reforms, Royal Commission calls for submissions on COVID-19, ASIC warns against day trading, SMSF annual returns deferred, Older Australians see silver lining.

If you want to exercise your right to choose a super fund, you must complete the Standard Choice Form that your employer gives you, and return it to your employer.

If you have savings in a KiwiSaver account, you can voluntarily transfer them to an Australian super fund under the provisions of a Trans-Tasman Retirement Savings Portability scheme that was introduced on 1 July 2013.

It can make sense to bring your UK pension funds home to Australia, but the process is far from straightforward. We explain how it’s done.

Market volatility should prompt a look at asset allocations and the potential need to rebalance investments.

When markets fall by as much, and as quickly, as they have recently, it’s easy to conclude that it’s time to move all your assets into a safer haven.

A core and satellite asset allocation strategy is one of the most popular ways to invest. But does it still make sense when markets are falling?

Self-managed super fund (SMSF) investors were left reeling after three of the big four banks slashed dividends across the board, with ANZ and Westpac suspending theirs altogether and NAB cutting its by 64%. CBA has said it won’t make a final decision on its dividend until August when it reports its full year results.

In bad news for retirees and others who depend on dividend cheques (and dividend imputation rebate cheques from the Tax Office) bank dividends have largely evaporated. But it’s not as bad as many commentators suggest, and actually good for some investors.

In a low interest rate environment, debate has been sparked about whether ‘safe’ pension withdrawal rates are still safe. With the economic impact of the coronavirus also putting pressure on share prices and dividend payments, the issue is more topical than ever.

In this video interview David Williams from My Longevity talks about the 3 stages of ageing, and how long each stage generally lasts.

Whether by choice or necessity, more Australians are embracing working for longer. Yet there are obstacles to overcome when you’re looking for work in your 50s and older.

As people live longer, mature age is being redefined. Far from viewing retirement as the final curtain call, a growing number of retirees see the milestone as the start of something new. It’s a chance to explore the world, pursue an adventure, learn new skills, graduate from university and celebrate the best of a whole new life stage.