SMSFs most popular among young females: Class
Class’ 2022 Annual Benchmark Report found millennials established the most SMSFs in FY22 and females made more contributions than males.
No place for a superannuation oligopoly
The Federal Government has been warned against allowing the number of superannuation funds to drop below around 40 or 50.
Super kicks off new FY in positive territory
The ability of superannuation funds to deal with volatile times has been reinforced by a positive start to 2022/23.
New analysis has revealed that one million Australians clean out their superannuation accounts as a result of COVID-19 early release.
The vast majority of Australians are not convinced about investing the surplus in property.
By keeping to the balanced middle ground on investment options superannuation funds expect to pass the YFYS performance test.
ASIC has identified significant shortcomings in the way superannuation funds handle their internal dispute resolution procedures.
BT has acknowledged contingency plans in the event that its failed MySuper product fails the YFYS performance test a second time.
The Australian Prudential Regulation Authority has embedded accelerating a reduction in super fund numbers in its 2022-23 agenda.
Survey shows Aussie super habits
A new survey from Finder found the majority of respondents were unlikely to make additional regular or one-off contributions to their super.
