Superannuation
Payment change set to boost superannuation by thousands
May 3, 2023
Australian workers are set to retire with thousands more in their superannuation accounts thanks to more frequent payments from employers. From July 1, 2026, employers will need to pay super at the same time as wages and salary. The changes will...[Read More]
Accessing your super early may be illegal
April 19, 2023
Super funds have an important role to play in maintaining the integrity of the superannuation system by ensuring benefits are not released where the member has not met a condition of release. This includes where a member has requested a rollover to...[Read More]
Women underpaid $1.3 billion in super over a year
March 29, 2023
Australian women were underpaid $1.3 billion in superannuation over 12 months thanks to a little-known law from the 1990s. About one in five women did not receive the full amount of superannuation owed to them in the 2019-2020 financial year,...[Read More]
Super gender gap costing women thousands each year
March 8, 2023
Working mums will lose thousands of dollars in retirement savings every year the federal government resists paying super on parental leave, new modelling shows. The analysis by industry fund Hesta and Laneway Analytics estimates women have already...[Read More]
Cost of Retirement â How Much Is Enough for a Comfortable Lifestyle?
August 11, 2022
No one can blame you if, during your 20s and 30s, you didnât really think much about retirement. If youâve been putting away a reasonable fixed amount (about 10% of your monthly salary) toward your savings since you first started working, itâs...[Read More]
Super for nest eggs not âpet projectsâ
August 24, 2022
The federal opposition has accused the Labor government of trying to funnel superannuation into “pet projects”, and called for the health of Australian nest eggs to remain the top priority. Treasurer Jim Chalmers wants super funds to...[Read More]
Work out if you have to pay super
August 4, 2022
How to work out when employers need to pay super guarantee and which employees are eligible. What super payment is required If you pay a worker, you are also required to pay super guarantee. You need to pay it to an eligible...[Read More]
Super changes that could affect you from 1 July 2022, your EOFY checklist
June 6, 2022
Essential Superannuation EOFY Tips This 2022 The week leading up to 30 June is an excellent time to take advantage of any tax benefits that may be available within superannuation. There are certain contributions you can focus on to lower your...[Read More]
Think about Superannuation early on in life
April 28, 2022
You may think your retirement is far offâso no worries, right? Not so fast. To ensure you have enough funds to live well when you retire, you need to learn what you need to do now to make sure you can have the lifestyle youâve worked so hard to...[Read More]
Get the maximum value from your life insurance
April 13, 2022
Your life insurance is flexible and can be adapted to your changing needs. Make sure you have a cover review with your adviser every 12-18 months to ensure youâre covered or when major life events occur, for just the right amount, paying the right...[Read More]
AÂ critical illness or serious injury can make it difficult to continue to work. Trauma insurance can help.
April 7, 2022
What trauma insurance covers Trauma insurance, also called ‘critical illness’ or ‘recovery insurance’ pays a lump sum amount if you suffer a critical illness or serious injury. This includes cancer, a heart condition, major...[Read More]
Tax incentives support small businesses
April 7, 2022
It is a budget designed to support the economyâs path out of the pandemic. Cost of living and infrastructure are the focus. Businesses and consumers are still struggling after a number of difficult years. The Coalition government has issued a...[Read More]
Know where you stand: Myths about life insurance
March 24, 2022
Here we dispel some common myths about life insurance to help you make informed decisions about your cover. Myth # 1 â Life insurance companies donât pay claims Thereâs a common perception that life insurance companies will...[Read More]
Whatâs the difference between general and personal advice?
January 27, 2022
With something as important as life insurance, you want to know youâre making the right decisions for yourself and your loved ones. But how can you be sure when there are so many variables and options? General advice and personal advice can...[Read More]
4 key factors impact your insurance premium
January 20, 2022
Ever wondered how insurers work out the cost of your life insurance? There are many factors that can impact the premium you pay, but there are 4 factors in particular you need to be aware of. Â Your personal risks Dangerous occupations can...[Read More]