Superannuation
Boomers bailing out Gen Y housing dream
BABY boomers are under pressure to use their hard-earned superannuation savings to help pay for their children's houses.
Salvation lies in staying supercool
THE average superannuation fund gained about $500 per $100,000 balance as the Australian sharemarket halted its worrying nosedive.
Investors move to self-manage money
An increasing number of investors want to tailor their portfolio, and are choosing to go it alone when it comes to investing their money.
Market plunge wipes out super gains
THE Australian sharemarket's $133 billion plunge has wiped out all the gains made by superannuation funds last financial year.
Fund managers stick to equities guns
AUSTRALIA"S super fund managers still have more than half of their money in share despite the current volatility on global markets.
Gold fever grips Australia
GOLD fever is again gripping the nation - at least according to retailers.
Savers to get warning of risky super funds
TWO major superannuation groups have devised a warning system alerting savers to the varying levels of risk on their returns.
Outlining who's in super pool's deep end
CONSUMERS will find it easier to compare super funds and measure the risks on their investments when new guidelines come into effect.
Australian super funds 'worst performing'
AUSTRALIA'S superannuation funds have fallen victim to their love affair with shares over the past three years.
Super funds feel pain of carbon tax
THE returns on balanced superannuation funds will be lowered by the carbon tax yet funds are unlikely to switch their investments.
Clients in dark on ownership
Up to 65 per cent of people who buy superannuation through one of the "big six" financial planning groups do not realise who owns it.
Super fund not resting on laurels
AUSTRALIA'S largest superannuation fund provider has secured a return of more than 9.5 per cent for its main fund in the year to June.
'Start saving now if you want to retire'
AUSSIES will need to work until the age of 65 and have $500,000 superannuation if they want to live comfortably in retirement.
$500,000 super falls short for retirement
A $500,000 superannuation nest egg will not provide the average Australian with a comfortable retirement until they die.
Massive $19 billion in unclaimed super
ALMOST one-in-two super-fund members have lost or not claimed super and are missing billions of dollars of retirement income.
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Lowest paid to get up to $35k more super
AUSTRALIA'S lowest paid workers will get up to $500 a year extra superannuation, worth about $35,000 by retirement.
Super set to miss double-digit gains
SUPER funds have lost almost any chance of achieving double-digit returns after a continued slide in the sharemarket.
Should you pump more into super?
SUPERANNUATION rules will change again next month, so should you be putting more money into super?
Share slump wipes $20b from super funds
A PLUNGING Australian share market is playing havoc with superannuation funds, wiping billions from end-of-year returns.
Regulator urged to go easy on super
REGULATORS need to be careful about investigating super funds for making losses or risk undermining member confidence in the fund.
Rich get richer but rest fall behind
AUSTRALIANS are falling behind the rest of the world in the growth of personal wealth, despite our mining and resources boom, says a report.
Climate changes for superannuation
SUPERANNUATION expert says a carbon price is important to jumpstart action by super funds to protect nest eggs from policy impacts of climate change.
David & Libby Koch: Royal problems
THE royal wedding has provided a short term boost for business in Britain.
Teens hit by superannuation rip-off
TENS of thousands of Aussie children earning as little as $50 a week from after-school jobs are being ripped off by disappearing superannuation.
Super shortage hits retirees
THIS is the year the first of the 5.3 million Australians in the baby-boomer generation turn 65. But many are unable to retire.
Tax man eyes self-managed super
THE ATO has stepped up its stand against self-managed super funds and their members, with more than 100 funds declared non-complying during the past year.
More than $5bn of super unclaimed
ABOUT $5.4 billion of unclaimed superannuation monies were sitting in about six million small and lost super accounts last year, research finds.
Business News
Fraser: 10,000 more jobless 'a boost'
UPDATE TREASURER puts positive spin on Queensland's rising jobless rate, focusing on the momentum generated in the past four months.
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