The following are previous questions published.
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22.07.10 - "Is there a conservative investment option available for my super? I am particularly concerned as I am over 55 and thinking...
The balance of most superannuation accounts is subject to fluctuations in local and world markets. The higher the risk of fluctuation, the greater (or lesser) the potential long term returns.
Each person has different life circumstances, financial... |
18.06.10 - If the Government is going to increase super contributions from 9% to 12%, do I really need to contribute anything extra?
When will I see an increase in my super?
The SG increases are proposed increases only and if they do proceed, they won’t begin until the 2013-2014 financial year. They will be incremental, rising slowly to finally reach 12% in... |
19.04.10 - Can you tell me more about the Government co-contribution scheme and how I can get it?
The Government is helping you to boost retirement savings by contributing $1.00* for every $1.00 you contribute (after-tax) to your super.
And with 30 June fast approaching, it could be worthwhile to make a payment soon, so you don't miss-out on any... |
23.03.10 - I'm 55 and have only $50,000 in super - how can I increase my super before I retire?
The good thing about asking this very important question now is that you still have time to make a plan to effectively grow your super while you are still working.
Making choices
For many workers, the idea is that you take a lump-sum payment... |
02.02.10 - I’ve heard it’s a good idea to consolidate my super to save on fees. How do I do this?
It certainly does make good financial sense to put all your super into one fund. For many people, a new job means a new super fund and over the course of a career it’s not unusual to find small amounts spread over several different funds. Each of these... |
11.01.10 - Can you explain what's changed with AustralianSuper's sustainable investment options?
Sustainable investment – also known as socially responsible, ethical or green investment – is a relatively new style of investing that integrates personal and social values with sound financial management. It allows you to help build an environmentally... |
10.12.09 - I've started salary sacrificing into super - will the changes to the contribution caps impact me?
The 2009 Federal Budget introduced many changes to super, particularly to how much you can contribute to your super account before tax while still receiving favourable tax treatment – being taxed at just 15%.
The new rules, which came into... |
27.11.09 - What is an SMSF?
An SMSF is a Self-Managed Superannuation Fund, best described as a small do-it-yourself fund. They must have fewer than five members, who are all trustees of the fund. SMSFs are set up by people who want to take a very hands-on approach, to control the... |
19.10.09 - What is the difference between an industry super fund and other super funds?
Industry funds are run only to benefit members
Industry funds don’t pay:
• commissions to advisers, financial planners, sales agents or insurance companies
• dividends to stock holders.
They are run just for the benefit of members.
Industry... |
09.09.09 - I’m planning to retire in the next few years, so could you please explain what the recent changes by the Government mean for my...
It’s a great idea to be asking that question now, as it is important to be fully informed and to begin your preparation for retirement long before you work your last day.
In this year’s Federal Budget, the government made changes to both... |
14.08.09 - Is super still a good investment?
The economic news has been nothing but doom and gloom this year, with the global financial crisis rocking markets all over the world. As super investment performance shows negative figures, it’s only natural for you to question whether it’s still a good... |