In 2021 women are still retiring with 47% less super than men. That’s $90,000 on average and still a sizeable difference. The reasons for this disparity are well known: documented gender pay gaps exist, many women take career breaks to care for children, and women...
For many people, the government’s COVID-19 (coronavirus) early release of super scheme has been a lifesaver, with the money accessed from retirement savings helping provide additional support at a time of economic uncertainty. In total, 1.81 million Australians have...
Making an extra voluntary contribution now might improve your lifestyle once you retire. The start of the year is as good a time as any to make plans. How about a gift to your future self by maximising your retirement contributions? It’s not as far-fetched or...
When was the last time you had an employer contribute to your super for you? If you can’t remember, how about the last time you contributed to your super yourself? If you’ve been outside the workforce for maternity leave or other unpaid work such as looking after a...
This year, the federal government introduced laws called the Protecting Your Super package. It’s a big deal because it addresses important changes to superannuation that are here to stay. In fact, there’s even been an industry-wide campaign about how it’s time to...
Now you can put more into super at the concessional rate of tax, starting from the 2019-20 financial year. Putting more money into the tax-friendly framework of superannuation to help you enjoy a fulfilling retirement… it’s one of those things that seems like a no...
