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Wealth

Superannuation & SMSFs

Yesterday

Some retail offerings are achieving better investment results for lower fees than industry funds in the no-frills MySuper segment.

Compare the pair: Retail super closes the fee gap

The performance gap between industry and retail superannuation funds is narrowing, raising the prospect of a fightback by for-profit super funds after the savaging wrought by the banking royal commission.

  • Joanna Mather and Hannah Wootton

This Month

Treasurer Jim Chalmers has now foreshadowed another review of the performance benchmarks.

Super performance test review must set a high returns bar

It’s reasonable to ask the question about constraining clean energy investments. But the hurdle must ultimately be whether Australians will retire with more income in retirement than would otherwise be the case.

  • Blake Briggs
Investors will strategically manage their super to stay below the threshold.

Savvy super savers will avoid the $3m threshold. Here’s how

A tax increase to 30 per cent on super balances over $3 million will invariably shift investor behaviour.

  • Tim Mackay

November

ASIC deputy chair Sarah Court.

HESTA fined for ‘misleading’ ads on performance

Corporate watchdog says $74 billion fund’s action should serve as “a warning” to the industry to ensure marketing materials are accurate.

  • Hannah Wootton and Lucy Dean

What you’ll owe under new super tax if your balance hits $3.5m

There are nine key takeouts on how it will work, plus how to plan ahead to minimise the impact.

  • Colin Lewis
Former truck driver Christian Jensen had to apply for two hardship variations on his mortgage thanks to delays from his super fund.

‘Financial heartbreak’: Customer complaints about super jump 32pc

Former truck driver Christian Jensen had to apply for two hardship variations on his mortgage due to delays from his super fund.

  • Hannah Wootton and Lucy Dean

October

Cath Bowtell, Wayne Swan, Nicola Roxon and Sam Mostyn are shaping up as power players in the superannuation industry.

Labor stacks big super with 15 new power players

Cath Bowtell has quietly assumed the role of matriarch of the sprawling Labor-union aligned industry superannuation family.

  • Updated
  • Joanna Mather and Hannah Wootton
Former Labor treasurer Wayne Swan says the GFC proved the power of super.

Why Wayne Swan says super is our ‘economic secret weapon’

The former treasurer says the super sector proved its economic power during the GFC and can help Australia’s next set of big challenges.

  • James Thomson
Jack Heath, chief executive of Philanthropy Australia.

Donating from super could raise $22b a year for charities

Making it easier and cheaper to leave super to charity could boost giving by as much as $22 billion a year, the peak philanthropy body has said, as it pushes for reform.

  • Lucy Dean