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Super is super for the young and old – get ready for 1 July super tax changes

superannuation

Ask young people in Sydney what they think about superannuation savings for retirement and by far the majority think super is super. They get it. The Association of Superannuation Funds of Australia (ASFA) recently spoke to young people in Sydney streets as well as Martin Place and Pitt Street Mall and discovered great regard for

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Get rid of the threshold – super should be for everyone, says ASFA

superannuation

The Association of Superannuation Funds of Australia is calling for an end to the superannuation threshold, saying super should be accessible to everyone including low income Australians to put them on the road to a healthy retirement.

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Key actions to take before the superannuation changes start on 1 July

superannuation

With less than a month until the superannuation changes start on 1 July 2017, now is the time to consider if you’ll be affected by the changes and whether you need to take action. The Australian Taxation Office (ATO) has enlisted the support of renowned Australian finance expert Peter Switzer, to outline the top actions

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Hikes in power prices, health care, food and rates pushes up retirement fund needs, according to ASFA

retirement

Significant hikes in the cost of power, health care, food and rates over the past 10 years have driven increases in the amounts needed to achieve both modest and comfortable retirements, according to the latest data from the Association of Superannuation Funds of Australia (ASFA).

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Superannuation changes myths!

superannuation

Last week we discussed the top 5 questions to ask about the upcoming super changes. Now we have the top myths from the ATO surrounding the changes to superannuation coming into effect from July 1. Read more now….

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Top 5 questions to ask about the superannuation changes

superannuation

Superannuation changes announced by the Australian Government will start on 1 July 2017 – with retirees amongst some of those who may be affected. To debunk some of the misconceptions surrounding the reforms, the Australian Taxation Office (ATO) have outlined five of the most frequently asked questions, to help retirees prepare for and better understand

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Minimising complexity essential for super success, says ASFA

superannuation

Following the budget, The Association of Superannuation Funds of Australia (ASFA) has said while not as substantial as the landmark reforms in last year’s Budget, this year’s package of superannuation-related measures announced by the government will nonetheless have a wide-ranging impact.

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Super funds targeted in Shorten’s housing affordability package

super funds

Labor will promise to ban direct borrowing by self-managed superannuation funds, as part of a housing affordability policy released on Friday to pre-empt the government’s package in next month’s budget writes Michelle Grattan, University of Canberra.

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Unpaid super – workers deserve better

superannuation

The Association of Superannuation Funds of Australia (ASFA) is calling on the Commonwealth Government to better fund the tax office to audit businesses for unpaid superannuation entitlements and for super to be included in the definition of unpaid employment entitlements under the Fair Entitlements Guarantee.

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Retirees renting need more than $1 million to be comfortable, according to ASFA

retirees

The Association of Superannuation Funds of Australia (ASFA) today released its Retirement Standard updates for the December 2016 quarter showing a slight increase in the cost of living for retirees.

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