Australians pay a high cost for their compulsory superannuation system.
Improving the financial resilience of First Nations people can change lives, and there's a role for accountants.
Rising wealth and longevity - throw blended families into the mix and conditions are ripe for family acrimony and legal action when someone dies and their estate is distributed.
The argument over raising compulsory employer superannuation contributions often misses the impact on the wider economy and ignores alternatives to boosting retirement incomes.
What's a comfortable retirement income in Australia, and how much super do Australians need to achieve it? It depends on who you ask.
The growth of cashed-up superannuation funds raises questions about what they will do with all their money, and how they will deliver the best outcome for members.
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.
Employers do not have to pay the 9.5 per cent superannuation guarantee to people who earn less than A$450 a month from one employer. Critics say this disadvantages low-income workers or people who work multiple jobs with different employers. Should the threshold be raised, or dropped altogether?
A paradox is emerging in Australian retirement: retirees aren’t spending, even when they can afford to do so.
Experts says cutting audits of self-managed super funds (SMSFs) to once every three years instead of annually is unlikely to cut either costs or red tape and could have serious consequences for the SMSF audit sector.
Baby boomers in Australia, the UK, the US and other Western nations are in a pickle. They're often cash-poor and living in a country with a high standard of living and prices to match. For some, retiring overseas is an option, but it pays to do your homework.