SMSF investors tend to favour local shares, hold an average of $1.77 million in assets, and typically turn to online broker websites for their investments decisions, among findings from the ASX Australian Investor Study.
Over three-quarters of Australians believe inflation is a big threat to their retirement security, according to Natixis Investment Managers.
ASIC is today hosting its Indigenous Super Summit to allow the superannuation industry to discuss opportunities and challenges when First Nations people engage with their super.
Developed in response to feedback from advisers, retiree clients, and additional research, it has launched the next generation of its investment-linked lifetime annuity offering.
Members of TelstraSuper will see decreases in their premiums of anywhere between 11.5 per cent and 30 per cent from the next financial year.
Australian Retirement Trust has welcomed BT executive, Kathy Vincent, as its new chief of retirement following the creation of the role earlier this year.
Legislative changes could see more super fund members eligible for the First Home Super Saver Scheme and ensure it works better for first home buyers and prevent adverse financial outcomes.
Aware Super has thrown its support behind the Voice to Parliament referendum, stating it is needed to guide meaningful superannuation reforms for Aboriginal and Torres Strait Islander members.
Low levels of financial literacy and engagement among super fund members are leaving them at risk of losing their insurance cover.
New analysis by the Association of Superannuation Funds of Australia has looked into which Australian states have the biggest, and smallest, average superannuation balances.