From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
A “concerning” number of Aussies don’t know what they pay in super fees, a young super fund has said. ...
The corporate regulator has shared some ‘disappointing’ findings upon reviewing the public communications of more than 20 trustees with regards to death benefits....
According to the industry body, funds should have an obligation to transfer members in failing products to better-performing products in a timely way....
Mike, this comment is not in response to the article 'Hamstrung". But I need to make the comment that something needs to be done to stop 'experts' and commentators saying that super payments are taken out of wages. As you know, payments are calculated as a percentage of wages, and come from employers' revenue. When super was first established under Keating there was a trade-off in portions of wage-rises with employer-paid super. As the years have gone by, this has been lost, eroded, or forgotten. It still may be embedded in some way. I am not expert enough to say, but it is a matter which should be discussed. With almost totally flat wages at the moment, it is hard to see a relationship of trade-off.