Understanding the average SMSF investor

| By Rhea Nath |

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.

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Inflation leaves Aussies fearful on retirement security

Over three-quarters of Australians believe inflation is a big threat to their retirement security, according to Natixis Investment Managers.

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ASIC hosts Indigenous Super Summit

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.

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Generation Life announces enhanced LifeIncome features

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.

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TelstraSuper announces decreases in income protection insurance premiums

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.

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ART taps industry veteran as retirement chief

Australian Retirement Trust has welcomed BT executive, Kathy Vincent, as its new chief of retirement following the creation of the role earlier this year.

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FHSS changes ahead to prevent adverse financial outcomes

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.

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Aware Super backs Voice to Parliament

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.

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Younger members at risk of losing insurance cover

Low levels of financial literacy and engagement among super fund members are leaving them at risk of losing their insurance cover.

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How much is the average super balance in your state?

New analysis by the Association of Superannuation Funds of Australia has looked into which Australian states have the biggest, and smallest, average superannuation balances.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 7 months ago

Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Me...

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The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level...

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