Thousands of Australians are already taking money from their retirement nest eggs to pay for treatments such as IVF or weight loss surgery. The government is also reviewing early release of superannuation to compensate victims of crime. However, accessing super early reduces the pot of money available in retirement.
A legal precedent may be set for SMSF auditors after a court found a second auditor responsible for the lion’s share of an SMSF’s losses.
Is it inevitable that women will end up with less superannuation in retirement? Women’s superannuation issues are certainly unique. Here’s why.
Public pension schemes are coming under pressure in many countries, raising questions about how people will fund their retirement lifestyles. Here are some steps to future-proof your nest egg.
Retirees may require more than the Age Pension to live comfortably in their older years, and the Australian Federal Budget 2018's expansion of the Pension Loans Scheme makes a reverse mortgage more appealing. However, is it really worth contemplating?
Don't just have a retirement plan, have a financial life plan.
Auditors of self-managed superannuation funds (SMSFs) have been in the regulatory spotlight since 2013, when registration became a requirement under the government’s Stronger Super reforms.
Plans to introduce a three-year audit cycle for compliant self-managed superannuation funds (SMSFs) will fail to reduce compliance costs for trustees and instead could force some auditors out of the market, accounting professionals warn.
An ASIC review highlights that some people are just not suited for self-managed superannuation funds (SMSFs) and the onus is on financial advisers to recognise when this might be the case.
The debate rages on whether self-managed superannuation fund (SMSF) investors would be better off handing over their savings to professional fund managers.