John Collett

Writes about personal finance for Fairfax Media, Sydney, Australia.

Wanted: A financial planner who suits

Let down: a new report shows the extent to which consumers were poorly advised by the Commonwealth Bank's planning arm.

John Collett Study your own finances and the advice industry before turning to an ‘expert’.

SUPER & FUNDS

Financial advice seekers are out on their own

One step ahead: Wrongdoings in the financial services industry inevitably prompt bold calls for reform, yet the problem of bad planners never goes away.

John Collett The authorities have given consumers a false sense of security about the professionalism and protection they can expect when seeking financial advice.

SUPER

Beware of switch to MySuper

Keep an eye on where your super fund is headed.

John Collett Super fund members could find their pension pots smaller than they expected.

SUPER AND FUNDS

Low earners in fight for fair super

Excluded: The changes will affect many working part time in the health and community services sector.

John Collett About 3.6 million low paid workers, which include more than two million women, stand to lose up to $500 a year in super savings if the Coalition government repeals the low income superannuation...

The numbers you need

John Collett Key figures of the finance world.

SUPER & FUNDS

There's more than a million DIY fund members

HOW TO CONSTRUCT A DIY SUPER FUND PORTFOLIO. TOOLS, WORKSHOP.
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PIC BY PETER BRAIG.

John Collett More and more Australians are taking control of their retirement savings.

TAX

Last-minute moves to boost your super

John Collett June 30 is just weeks away but there is still time to make some tax savings and boost your super.

SECURITY

Internet shopping rip-offs escalate

Credit Card Identity Theft

John Collett Online and credit card fraud are on the rise, but banks are fighting back with new technologies and better security features.

INVESTING

Share sizzle going to a simmer

Share sizzle going to a simmer.

John Collett Investor returns have been spectacular for the past two years. But fund managers say the new financial year won't burn so brightly.

SUPER & FUNDS

Tax office plans SMSF auditor crackdown

John Collett With the tax man set to crack down on low-cost auditors of self-managed super funds, the attraction of face-to-face service providers grows.

SUPER

Australia's super fees high by OECD standards

Super egg

John Collett Australian superannuation fees remainly stubbornly high by world standards.

SUPER

Workers to wait as bankers win from Coalition's super plans

Waiting game: The Abbott government is likely to make us wait longer to access our superannuation savings if it wins the next election.

John Collett Low-paid workers in physically demanding jobs will suffer most if the super access age is increased. But there are ways to limit the damage.

SUPER & FUNDS

Super lessons from the GFC

Super lessons from the GFC.

John Collett It's been another good year for superannuation. But members should think carefully about whether the default option is right for them.

BUDGET

Retirement rethink

Retirement rethink.

John Collett Every decade there is a budget that ends up being a ''game-changer''.

SUPER

Hockey flags rise in super access age

Joe Hockey has flagged changes to the age at which people can access their super.

John Collett Treasurer Joe Hockey has flagged an increase in the age at which people can access their superannuation savings.

Australia's 2014 federal budget forces rethink of retirement plans

John Collett This budget will lead to smaller government, more infrastructure investment and reduced household dependence on government payments. It is a game-changer, with plenty of sting.

SUPER & FUNDS

Combined pension changes to bite

John Collett The age pension is going to play less of a role in many people's retirement years.

SUPER

The risks of letting banks sell super plans over the counter

Should bank tellers be allowed to sell super over the counter?

John Collett Banks want their tellers to sell an unlimited range of products. But should they?

Fighting the big freeze

Illustration: Suzanne White.

John Collett Half a decade on from the GFC, more than $5 billion in investors' funds are still locked up.

SUPER & FUNDS

Most of us have a stake in sharemarket

Most people are invested in their employer's default investment option.

John Collett The performance of shares is of importance not just to share investors, but also to super fund members.