Some of the largest and most powerful players in the Australian economy have connections to unions and the Labor Party in their DNA.
It took being shamed by my journo colleagues to become one of the smart Australian who are not letting fees drain their meagre super savings.
Expert tips and advice on creating the healthiest possible super balance so that you can have a comfortable retirement.
Our six-week Gen Super series takes an in-depth look at superannuation across the generations,from Gen Alphas to Baby Boomers – and beyond.
A Liberal senator is questioning why people cannot use their superannuation to buy a home,given self-managed super funds own almost $49 billion in residential real estate.
The Super Members Council found the scheme to allow first home buyers to withdraw $50,000 from super for a deposit would push home prices up by 9 per cent.
Returns for funds in retirement phase are rarely shared,despite the fact they regularly outperform typical accumulation accounts.
The value of a financial advisor can sometimes be intangible,but for $11,000 you’d want to be getting significant support.
ASIC has taken the country’s biggest super fund to court for failing to merge duplicate accounts,which cost members about $69 million.
Sources close to the government said it was a “no-brainer” for super to be part of the mix for funding aged care as costs climb over the next decade.
Environmental activist group Market Forces accused Australia’s 30 biggest superannuation funds of greenwashing while actually increasing their exposure to fossil fuel companies.