Superannuation News

The latest superannuation news and tips

Mark Bristow

Personal Finance Editor

Gender super gap remains a problem - what you can do about it

A significant super gap still exists between Australian men and women. But there are also options that may be able to help some Australians take control of their superannuation.

Superannuation

19 Sep, 2024

3 min read

Gender super gap remains a problem - what you can do about it

Mark Bristow

Personal Finance Editor

Employer gender pay gaps released: How can you save your super?

Gender pay gaps for nearly 5000 Australian private sector employers have been published for the first time. Whatever their industry or employer, Australian women may be able to take steps to manage the effect of the gender pay gap on their personal finances, from their savings to their superannuation.

Superannuation

27 Feb, 2024

4 min read

Employer gender pay gaps released: How can you save your super?

Mark Bristow

Personal Finance Editor

Are retiring Boomers paying too much super tax?

More and more Australians are approaching retirement age, when it’s time to start accessing their superannuation savings. But many of these older Australians could be paying too much tax on their super investment earnings, which could be fixed by making one change.

Superannuation

24 Aug, 2023

3 min read

Are retiring Boomers paying too much super tax?

Peter Terlato

Personal Finance Editor

The Super Guarantee is rising to 11%: What this means for your salary and retirement

Employees don’t need to do anything with regards to the increase in super contributions. Your employer has the responsibility of making the necessary adjustments. However, it's sensible to regularly review your super payments.

Superannuation

30 Jun, 2023

5 min read

The Super Guarantee is rising to 11%: What this means for your salary and retirement

Alex Ritchie

Personal Finance Editor

How to solve the gender superannuation gap

The gender superannuation gap means that women may retire with significantly less in their nest egg than men. Several factors contribute to this, and combating these may require a mix of structural changes, employer changes and individual actions.

Superannuation

08 Mar, 2023

8 min read

How to solve the gender superannuation gap

Alex Ritchie

Personal Finance Editor

Australians have $16 billion in lost superannuation: how to reclaim your missing funds

There is $16 billion in lost and unclaimed superannuation savings, which paints a shocking picture of how a common mistake can eat away at your retirement balance.

Superannuation

27 Feb, 2023

4 min read

Australians have $16 billion in lost superannuation: how to reclaim your missing funds

Peter Terlato

Personal Finance Editor

Average superannuation fees: Here's what super funds charge

There are a number of fees you should consider when selecting a super fund to grow your retirement savings. These include administration fees, investment fees, switching fees, fees for financial advice, transaction fees and insurance premiums. The amount you pay in fees can significantly impact your final balance.

Superannuation

08 Sep, 2022

5 min read

Average superannuation fees: Here's what super funds charge

Georgia Brown

Personal Finance Editor

How much has an average 29-year-old lost in superannuation this year?

Share market volatility and rising interest rates negatively impacted the super balances of many Australians in the 2021-22 financial year.

Superannuation

02 Sep, 2022

5 min read

How much has an average 29-year-old lost in superannuation this year?

Mark Bristow

Personal Finance Editor

Four super funds fail performance test for the second time: is it time to check your fund?

The second annual superannuation performance test from the Australian Prudential Regulation Authority (APRA) has seen outcomes generally improve for MySuper superannuation members, though there are still some repeat offenders in the mix.

Superannuation

31 Aug, 2022

5 min read

Four super funds fail performance test for the second time: is it time to check your fund?

Georgia Brown

Personal Finance Editor

Australians prioritising nest egg over property: could super surpass property as a key financial asset?

A new study has revealed that more Australians said growing their savings was their top financial priority, compared to those who cited saving for a home as their number one financial focus.

Superannuation

12 Aug, 2022

3 min read

Australians prioritising nest egg over property: could super surpass property as a key financial asset?

Alex Ritchie

Personal Finance Editor

Richest and poorest suburbs and the gender pay gap: the divide between Australians revealed

New data from the ATO has highlighted where Australians are still seeing a financial divide, including the highest-earning and lowest-earning postcodes (most in NSW), and the gender gap for pay and super.

Superannuation

09 Aug, 2022

4 min read

Richest and poorest suburbs and the gender pay gap: the divide between Australians revealed

Georgia Brown

Personal Finance Editor

What does the push for 26 weeks parental leave mean for superannuation?

There has long been pressure placed on the Australian government to increase the amount of paid parental leave offered to new parents. But the implication on superannuation must also be considered.

Superannuation

08 Aug, 2022

4 min read