Self-managed super funds are still growing both in number and in assets. Yet, despite the popularity, the average trustee of an SMSF has only a vague understanding of the difference between those funds and public offer funds, which include retail funds and industry funds. Here, Noel Whittaker clarifies the differences.
Nobody likes paying fees, particularly when you can’t see what you’re paying for. So when it comes to your super fund, it’s worth learning a bit more about the fees you’re paying and why.
If you have an issue with your super fund, there are steps you can take that will lead to the best chance of resolution.
As part of ongoing improvements by the ATO, members of most super funds can access additional online information about their super accounts. Find out what information is available and how you can use it to better manage your super savings.
It can be difficult for young adults to think long-term, but engaging your kids early can make a big difference to their future.
Super for Aussie workers has come a long way in the last 150 years. We look at the highs and lows of super since it was first put in place to see if it still stacks up.
By the time you retire chances are that superannuation will be your biggest store of wealth outside the family home. Yet we tend to spend more time researching the best mobile phone plan or our next holiday than we do on our super.