Yes, unfortnately it’s true. The day’s of fantastic superannuation are now long gone as a market that was once flying high erodes to pretty much nothing. If you were in a high growth superannuation fund which was leveraged in the equities markets – I feel for you. The equity markets are at the same levels [...]

As most super funds will provide the account holder with investment returns over the lifetime of the fund, they will also attract certain fees and charges. In general these fees and/or charges will fall into several types of categories. By entering into the super fund, you may attract an entry fee. While on the other [...]

There are two main styles of superannuation benefits and they include both defined benefits and accumulation funds. Defined Benefit Funds A defined benefit fund is one that pays a retirement amount that is preset, or as the name suggests ‘defined’. This preset amount is set according to the rules outlined by the fund and typically [...]

The other way you can look after your super is by doing it yourself. Do It Yourself superfund’s, or DIY as they are more commonly known, involve setting up your own self-managed superannuation fund which will give you the flexibility of choosing exactly where to invest your own money. The current level of these superfund’s [...]

Now you are probably asking yourself – How do I maintain my super to ensure I am doing what’s best? There are two ways in which a super fund is maintained. The most common method is through a professional super fund manager or financial planning firm. In doing this, you leave all the work to [...]