Another strong performance from global sharemarkets in November has set up younger members of lifecycle funds for bumper returns in the 2019 calendar year.
Widespread sell-offs in the share and property markets meant super funds dropped significantly in February. According to super research house Chant West the median growth fund (61-80% in growth assets) fell 3.1% in February and has dropped a further 10.5% in March to date.
Whatever your circumstances, it’s important to canvass all your options before you make your final selection. It’s also worth remembering that your choice of fund is not a life sentence. If you are unhappy with your fund for whatever reason, you are free to switch funds provided you have choice.
If you have worked in New Zealand and have a KiwiSaver account, it’s possible to transfer those savings across the ditch if you have since moved to Australia. Just don’t expect it to be easy.
Super funds defied all expectations in 2019, recording their best calendar year since 2013. The median growth fund returned 14.7%, capping an eight-year run of positive returns.
APRA has released a ‘heatmap’ of MySuper superannuation funds designed to smoke out underperformers. We look at why it’s come about, and what insights it presents.
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.
An SMSF is a private super fund you manage yourself, giving you more control over how your retirement savings are invested. We look at how they work and some of the benefits and drawbacks of going it alone.
An easy way to determine if you believe your super fund is good value, is to assess the cost of your super fund against the average costs for the different types of super funds available.
The number of SMSFs in Australia has continued to rise in recent years, along with average individual member and overall fund balances. The majority of SMSFs have been operating for more than ten years and have corporate trustees, with this structure becoming very popular since 2015.
When it comes to choosing a superannuation fund, it’s natural to think that big is better, but does being big really make a super fund better?
There’s lots of jargon in the super system and even when it comes to something as simple as the different types of super funds, it can be hard to know what they are and how they work.
On this page you can find a list of all super funds that are regulated by APRA. This is essentially every fund except for SMSFs and small APRA funds. Learn more about the different types of super funds.
The way the super industry tends to invest your money can be compared to a team sport, which more often than not involves third parties to execute investment strategies on their behalf.
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.