Why industry super funds are less tax efficient?

The treatment of taxation liabilities hinges on the investment structure of your superannuation. That is, pooled super funds like industry funds subtract tax before it’s paid. This is an important factor to consider because, depending on the amount of your super balance, it can have a significant effect on your retirement savings. While tax implications …

Read more

Are there major changes to super on the horizon?

Is your super fund actually the best one for you? The fund that topped last year’s table is not necessarily the right one for your circumstances. Download our free guide to choosing the best super fund in Australia, built around structure first, investment strategy second. Download Here The Albanese government’s first Federal Budget last month …

Read more

2022 super returns: Whilst industry super fund is best?

Choosing a super fund? Read this first. Most people pick a super fund based on last year’s return. That is the wrong way to decide. Our free annual report explains the four factors that actually matter and helps you work out the right structure for your balance. Download Here 2022 super returns: Superannuation returns for …

Read more

Super: What are your options when you retire?

Is your super fund actually the best one for you? The fund that topped last year’s table is not necessarily the right one for your circumstances. Download our free guide to choosing the best super fund in Australia, built around structure first, investment strategy second. Download Here Even though its compulsory to invest money in …

Read more

How to ensure your superannuation will be paid to your intended beneficiary

Twenty-three-year-old, Ashleigh Petrie nominated her mother as the sole beneficiary of her super. However, Ashleigh’s 63-year-old fiancé was successful in claiming her full super balance after she died in a car accident. Ashleigh was in a relationship with her fiancé, Rodney Higgins for only 7 months (living together for four of them). This story highlights …

Read more

How to make the most out of your super increase

After 1 July this year, your employer must increase your super contributions from 9.5% to 10% of your salary. This contribution rate will then increase by 0.5% p.a. for the subsequent 4 years until it reaches 12%. This could boost your retirement savings but only if you optimise two things. The government was tempted to …

Read more