Cbus: A relic from the past
When it rains, it pours. The construction industry super fund has recently been in the news about its poor performance. Now there are revelations of corruption with secret deals involving lucrative contracts and links to criminals and bikie organisations.
Compare the Pair: Super fund returns
Super fund returns for the year ended June 2024 have been released, with some surprising results. Market darlings, Australian Super and CBus have underperformed, while out-of-favour retail funds, AMP and Colonial First State topped the charts.
So, what’s behind the performance results and what can retiree investors learn from them?
The best and worst super funds in 2022
Most people don’t engage with their super until they’re about to retire. But APRA’s annual performance report on super funds shows why it’s important that you do. Not all super funds are equal and there is a big difference between the best and worst funds.
Madness of crowds
Recently industry fund Rest announced that it is considering investing its members’ money in cryptocurrency. We think that’s a bad idea. Here are our five reasons why.
Super outcome: Changes finally law
New arrangements for super will mean less members’ money wasted in fees and more accountability for member outcomes.
Upsize your super with a downsizer contribution
Booming house prices in the Central West are presenting unique opportunities for retirees looking to cash in and boost their super.
This month’s Budget announcement that the home downsize provisions are being extended means that younger retirees can benefit with more tax-free super when they need it most.
Red herring: Three reasons why Big Super is wrong about retirement
Big Super has launched an expensive and frightening advertising campaign aimed at pre-retirees. Industry Super Australia is trying to tell us that if super contributions don’t increase in the next few years, we’ll all have to sell our homes just to survive in retirement. But’s it’s a red herring argument. They’re distracting from the facts with an irrelevant and false narrative. Here are three reasons why Big Super is wrong.
Message to Big Super: Stick to your Knitting
Social impact investing has gone mainstream. More than half the super funds and investment managers around the world are now incorporating social and sustainability factors into their investment decisions. But is that really the purpose of super? And have super fund members given permission to use their lifetime savings in this way? Recent research suggests not.
Confidence in Retirement
Most of us worry about running out of money in retirement. Especially during uncertain economic times like these, when we start to wish we had started planning for retirement earlier.