SuperStream – What does it mean?

2014 will see the implementation of the first of the ‘SuperStream’ reforms by the Australian Government. These reforms aim to facilitate and improve the general superannuation payment process made by employers through the modernisation of the current system, but what exactly will the changes mean for superannuation? These brand new ‘SuperStream’ … [Read more...]

5 things to think about when choosing a Super fund

Choosing a super fund is not to be underestimated and selecting the right one can mean the difference between enjoying a comfortable, stress-free retirement or struggling through it. Four-fifths of Australians choose to stick with the super fund option offered by their employer when actually choosing a super fund personally can be a safer and much … [Read more...]

4 key elements to your retirement planning

Retiring from full-time employment is a major life change and is not to be underestimated. With some careful retirement planning and a good understanding of your options, you can ensure that your retirement is both comfortable and enjoyable. During your retirement planning process, it is important to think about how much superannuation is … [Read more...]

MySuper is on its way

The Government’s MySuper reform aims to provide Australian workers with a cost-effective superannuation account with basic features and fee structures. Prior to the introduction of MySuper, employees that did not actively choose a super fund were automatically added to their employer’s default super fund. With the introduction of MySuper, employee … [Read more...]

6 Super Strategies to Build and Protect your Wealth

Australia has one of the highest life expectancies in the world and the average retirement length has increased accordingly. Because of this, it is extremely important that you make the most of your super and other savings in the lead up to and during your retirement. Financial year end is an ideal time for you to spend some time looking at your … [Read more...]

Superannuation Reforms

This article was originally published in BloombergBNA's Tax Planning International Asia Pacific Focus Journal (Vol.13, No.5, May 2013) On April 5, 2013, the Minister for Financial Services & Superannuation, The Hon Bill Shorten, MP, announced several reforms around superannuation tax concessions. The key reforms included are as … [Read more...]