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Money

Super & Funds

Money's weekly Morningstar tables

3:00am Click here to check your funds.

SUPER

Savings important buffer against joblessness

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generic - rescue , rescue package , life buoy , help , life ring , life saving .

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John Collett The typical newly unemployed Australian has only 47 days of savings to live off before hitting the breadline.

LONGEVITY

Age is not the perfect gauge in DIY super

PEOPLE.MELB.960930.AFR.PIC BY DANIEL O'BRIEN
GENERIC OLDIES, ..........RETIREMENT/SUPER ETC.

David Williams The dramatic rise of self-managed super funds brings into focus our capacity to make complex decisions as we age.

SUPER

Betting on a will to power retirement

Will, Legal System, Law, Legal Document, Document, Pen, General Power Of Attorney, Finance, Contract, Planning, Wealth. generic. Istock Image.  101109

JOHN COLLETT Almost half of working-age Australians say they will be relying on an inheritance to at least partly finance their retirement.

SMSFs

Banks seek slice of the DIY action

31.5.2000 PIZZA
DIGICAM
PIZZA STORY FOR HUNTER BUSINESS

Katherine Jimenez The big four banks are engaged in a $500 billion battle for control of the self-managed super funds market.

SUPER

Plenty riding on fortunes of the big four

A combination of photographs shows people using automated teller machines (ATMs) at Australia's

John Collett The appetite for the big banks is set to increase as more large super funds allow their members to invest directly in shares.

SUPER

Returns revert to the straight and narrow

GALIBIER, FRANCE - JULY 21:  Cadel Evans (L) of Australia and BMC Racing Team followed by yellow jersey leader Thomas Voeckler (R) of France and Team Europcar on the final climb to the Galibier summit during Stage 18 of the 2011 Tour de France from  Pinerolo to Galibier Serre-Chevalier on July 21, 2011 in Galibier Serre-Chevalier,France.  (Photo by Michael Steele/Getty Images)

JOHN COLLETT For super, the post-GFC road to recovery has been a long and winding one. But the improvement in returns has really kicked up over the past 18 months.

YOUR QUESTIONS

Path to retirement

Your Questions dinkus

George Cochrane Focus on enjoying your money, rather than leaving it to younger relatives.

SUPER

Don't paint yourself into a corner with DIY

NO CAPTION INFORMATION PROVIDED SMH DOMAIN 16-9-99

TINS OF PAINT AND PAINT BRUSH

JOHN COLLETT The concern is where self-managed funds are recommended by financial planners and accountants to those in more modest circumstances.

GETTING STARTED

Super stash about as safe as can be

Detail of an old bank safe at the ANZ Bank's Banking Museum at the Gothic building at the corner of Queen and Collins streets, Melbourne.  THE AGE Picture by Viki Lascaris.  Friday 24th October 2003 DIGICAM ANZ

David Potts Super fund rules and their supervision make it well nigh impossible for somebody to run off with your money.

INSIGHT

We'll just have to keep working for longer

Bunnings employees Mark Newman and Lyn Gilkseson for case study on older people in the work force, taken at Artarmon.
smh news
photos Ben Rushton
Monday September 3 2012

JOHN COLLETT As life expectancy increases, hopes for early retirement might need revisiting.

PENSION

No waffle: Belgium's king says $1.3m not enough

In this Dec. 24, 2011 file photo, Belgium's King Albert II delivers his traditional Christmas speech at the Royal Palace in Brussels. Belgium's King Albert stepped down last summer, seeing his funding fall from 11.5 million euros ($15.4 million) to 923,000. Newspapers said the king had sent out feelers for more taxpayer funds to meet costs, and the government was quick to refuse. (AP Photo/Yves Logghe, file)

Philippe Siuberski Belgium's former king is finding it hard to live in a style befitting an ex-monarch on his $A1.3 million pension, and is seeking a royal pay rise.

SUPER

What's driving the property price spiral?

SUN HER Property: Auction, reporter Anita Balalovski. Sold on a sunny day: Auctioneer James Hayashi lowers the hammer for the sale of 439 Balmain Road, Lilyfield in Sydney on Saturday. The property was sold to Gemma and Andrew Sinnott. PHOTO: Georgie Beresford

John Collett Big city property prices are soaring - but is it all the fault of foreign interlopers and cashed up super fund investors?

DIY FUNDS

Super draws a growing DIY band

SMSF - Prime

Rod Myer It pays to do a little homework before deciding to manage your own fund.

SUPER

Property investments can have pitfalls

APARTMENTS. THURSDAY DECEMBER 8. 2005. ..............AFR FIRST USE ONLY.........  PIC JAMES DAVIES  APARTMENT MODELS ON DISPLAY AT A DEVELOPER SHOW ROOM.    FLAT HOME HOUSE CONDO INTEREST RATES BANKS LOAN DEVELOPER PROPERTY INVESTMENT MODEL SECOND HOME MORTGAGE SPECIALX 1234

John Collett Concerns are being raised over property spruikers targeting self-managed super fund trustees.

YOUR QUESTIONS

Get cracking on exit plan

Your Questions dinkus

GEORGE COCHRANE I was wondering if it is wise to stay with the MTAA or at least separate our eggs into two baskets?

SUPER

Downsizing may not be the right answer

Anne Hathaway's Cottage is lifted from the Model Tudor Village in the Fitzroy Gardens under the watchful eye of Andrew Patience Wednesday 13 April 2005. Two houses were removed during  the first stage of the village restoration which is 57 years old and showing signs of wear and tear  Picture by Craig Abraham SPECIAL TUDOR

John Collett Baby boomers looking to fund their retirement by downsizing the family home could be clutching at straws.

A million in the super fund won't be enough for retirement

Workers

John Collett While the growth in the projected pool of superannuation savings is impressive, it belies the harsh reality facing those not far off retirement. Increasing life spans, the effect of the GFC on superannuation accounts and the fact that the superannuation guarantee started only in 1992 is leaving older workers underfunded.

SELF-EMPLOYED SUPER TRAPS

Don't let those contributions take you down

BUSINESS GLC010109.001.001  FIRST USE AFR  PHOTOGRAPH BY GABRIELE CHAROTTE GENERIC BUSINESS MAN BUSINESSMAN WHITE COLLAR WORKER INVESTMENT BANKING BANKER EMPLOYMENT UNEMPLOYMENT SUIT WAGES SALARY MEETING APPOINTMENT***afrphotos.com***

Max Newnham There are very strict tests when it comes to deciding whether a person is a true contractor or an employee.

SUPER

Regulation called for to oversee SMSFs

PIC JIM RICE.14.07.2010 . GENERIC
PIC SHOWS.Australian Securities and Investment Commission. ASIC . GENRIC

John Collett ASIC and the new government need to consider bringing property spruikers who recommend self-managed super funds inside the licensing net.

Superannuation

Most Australians don't expect a super retirement

Superannuation

Madeleine Heffernan Most Australians don't believe they will have enough retirement savings and say superannuation funds are not transparent enough on fees and charges, a survey has found.

SUPER

Big country makes size count

penny pryor

Penny Pryor The 15 largest Australian superannuation funds have recently moved up the league tables.

INTELLIGANT INVESTOR

Time for Coalition to walk the pro-super talk

Piggy got robbed.

Richard Livingston Tony Abbott said the Coalition wouldn't make any "negative unexpected changes" to superannuation. Now they're in government we'll get the chance to see what he meant.

INSIGHT

Asset allocation can be the decider in super funds

now and then.sydney.070924.photo.salhlan hayes.sunday life..boiled lollies

Clancy Yeates There's a lot to consider when picking a super fund. Perhaps the most important factor is how your money is spread out.

SAGGING SUPER

Bleak future for funds

AFR.  Pic of David Murray ex commonwealth bank CEO and chair of the butterfly foundation, which deals with the desease of eating disorders.  Pic by Nic Walker.  Date 1st August 2013.  Photographed at the Gatewy building in Sydney.

Katherine Jimenez Former Future Fund chairman David Murray says super funds will be in the doldrums for the next few years.

SUPER

CSIRO, unis look to create a golden age

cma000529.002.001   Picture by Craig Abraham    News Extra   Picture shows  glass medical/ chemical beakers  and money.

John Collett Serious intellectual firepower is being brought to bear on the problem of Australia's ageing population.

Money's weekly Morningstar tables

Superannuation

See how your investments have done with Money's weekly Morningstar tables

SUPER

Kiwis face hurdles in pursuit of lost funds

national foods 050411 afr illo karl hilzinger 
dairy cows map of australia new zealand nz dairy industry cattle photo illustration

John Collett New Zealanders are believed to be the owners of perhaps up to a quarter of the Australia's $18 billion in ''lost'' super. And it's very hard for them to get it back.

SUPER

First home enticer is simple and super

David Potts

David Potts Why can't first home buyers use some of their superannuation as a deposit to buy a home?

SUPER

Insurance is a risk when doing it yourself

coins.syd.afr.031218.photo.rob homer --- australian dollar coins --- generic money , dollar , currency , interest rates , mortgages , business , industry , economy , wealth , loans , bulldozer --- afr first use --- SPECIAL 12185
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John Collett The SMSF industry is pushing the virtues of managing your own super fund. And the message appears to be hitting home.

Smart investor

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Six blue chips poised to rebound

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Why you need a female fund manager

Study shows women significantly outperform men over both the short and long term.

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