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 ...
With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023....
While not having a strategic asset allocation might be ‘uncomfortable’ for some investors, the Future Fund believes its unique investment approach helps the fund capture ...
In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”....
So ASFA asked people who aren't self employed whether self employed people should have compulsory SG. Ironic at a time where we're being told to vote for a Voice so people affected by legislation get a say and are heard.
For self employed people, their business is their super. They invest in their business so when they retire they can sell it and live off the proceeds. Putting money into super instead would result in some business failing and for others would impact daily living expenses.
I appreciate the current system isn't perfect, but compulsory super for this group isn't either. But don't ask everyone else and then lobby Government. Ask the self employed. Give them a Voice, and listen to them.