Super & Funds
ASSET CHECK
Save in super or pay off the house?
Even given the tax benefits of super, the returns from reducing the mortgage are higher.
SUPERANNUATION
Smart super moves before May budget
![There is still time to come up with a superannuation game plan before the government makes its move in May.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/r/m/x/d/image.related.thumbnail.90x60.gmr4tt.png/1455229971356.jpg)
John Collett 11:15 PM The May budget is expected to include changes to superannuation aimed at making savings on the budget's bottom line.
NOEL WHITTAKER
Make plans for transition to retirement before May
![The transition-to-retirement scheme allows someone to wind back work commitments without retiring fully.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/3/z/d/e/o/image.related.thumbnail.90x60.gmrbue.png/1455229957110.jpg)
Noel Whittaker 11:15 PM Politicians from all sides of politics are gazing wistfully at our superannuation.
Report finds retail funds charge more for less
![Australian Institute of Superannuation Trustees Tom Garcia has pointed to new SuperRatings research as evidence of ...](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/h/r/l/j/u/image.related.thumbnail.90x60.gmo8a8.png/1454957596624.jpg)
Sally Rose The non-profit superannuation lobby has accused its bank-owned rivals of opposing new product disclosure "dashboard' rules in a bid to conceal "price-gouging", as new research shows retail funds charge higher fees.
ASSET CHECK
'Transition to retirement' is not a tax dodge
![The advantage of starting a pension now is that for practical administrative reasons, the government would find it ...](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/b/8/l/2/image.related.thumbnail.90x60.gmkpii.png/1454634500203.jpg)
Daryl Dixon Far from being a tax dodge, the ability to start a superannuation pension while still working encourages people to stay in the workforce for some time.
ASSET CHECK
Diminishing super attractions
![Daryl Dixon](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/3/w/2/f/j/image.related.thumbnail.90x60.gmgo8z.png/1454043842924.jpg)
Daryl Dixon Unless you are close to retirement, diverting money into super can and often does result in financial problems before you can access it.
SUPER & FUNDS
Super strategy a boon for the well-off
![The "transition to retirement" strategy mainly benefits wealthy people.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/g/z/l/g/l/image.related.thumbnail.90x60.gmgrch.png/1454041331773.jpg)
John Collett The transition to retirement strategy has become a way for the well-off to avoid tax.
The selfie revolution in super
![Robert Nicholls started his own super fund when he was 30 to ditch the management fees.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/f/0/6/k/image.related.thumbnail.90x60.glj597.png/1454473225412.jpg)
David Potts Move over baby boomers, young women are the ones into selfie super funds.
YOUR QUESTIONS
How to optimise super in your 60s
![Couples need to do their retirement planning together.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/3/z/d/d/t/image.related.thumbnail.90x60.gmeb77.png/1454043938010.jpg)
George Cochrane Buying property for a SMSF is questionable when people are close to retirement age.
HER MONEY
Super and the self-employed
![Self-employed publicist Sara Dagres is responsible for her own superannuation.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/l/1/a/x/r/image.related.thumbnail.90x60.glhe2g.png/1454025503472.jpg)
Sally Patten Small business owners too often fall into the trap of assuming their business is going to fund their retirement. It may not.
SUPER & FUNDS
Check on where your super is going
![The big banks are keen to expand their share of the super market.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/0/w/p/j/image.related.thumbnail.90x60.gmak5s.png/1454313934129.jpg)
John Collett It's almost a year since the banks were exposed for offering their business clients inducements to make the banks' super funds the default fund for their employees.
Volatile markets no reason to ditch super strategy
![MON00-Collett](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/3/4/p/s/h/image.related.thumbnail.90x60.gm801y.png/1453950920042.jpg)
John Collett The summer break is when we refresh and get into a positive frame of mind for the year ahead. But even the most “glass half full” type of person must be feeling at least a little nervous about their personal finances this year But even the most “glass half full” type of person must be feeling at least a little nervous about their personal finances this year.
Defined benefit pension winners
![Daryl Dixon](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/3/w/2/f/j/image.related.thumbnail.90x60.gm70e4.png/1452840029217.jpg)
Daryl Dixon Federal government employees who joined the CSS or PSS before entry was closed off in 2005 now find themselves in the box seat when funding their retirement.
ASK NOEL
Should you keep your investment property or reduce debt?
![Illustration: Michael Mucci](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/5/w/d/w/image.related.thumbnail.90x60.gm4s1o.png/1453190488313.jpg)
Noel Whittaker Noel Whittaker answers readers' questions.
Boost the pension, fix super tax, save $20 billion
![Illustration: Sam Bennet](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/m/a/n/7/s/image.related.thumbnail.90x60.gm3rds.png/1452913932112.jpg)
Miranda Stewart and David Ingles A more generous pension could be easily offset by reining in super tax concessions and adding the family home to the asset mix.
Why the Bombers' penalty was so different to Cronulla's
![Paul Gallen was among the suspended Sharks.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/j/q/k/c/v/image.related.thumbnail.90x60.gm3v7n.png/1452768532207.jpg)
Roy Masters A full-season suspension of Essendon players for taking performance enhancing drugs and only a three-game ban for Cronulla footballers?
INSIGHT
Younger women flock to DIY super
![Working-age women are increasingly opting for self-managed superannuation funds.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/l/h/v/6/g/image.related.thumbnail.90x60.gm0rq3.png/1452476566317.jpg)
Sally Rose The average age of a SMSF trustee is below 50 for the first time, and working-age women are one of the fastest growing cohorts.
TIP OF THE WEEK
What you need to know about 'lifestage' super
![Lifestage investment options automatically dial down the risk as the fund member ages.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/1/3/m/8/7/5/image.related.thumbnail.90x60.gm119k.png/1452144152776.jpg)
Alex Dunnin A lifestage MySuper product will suit risk-averse and set-and-forget investment profiles. But you should be careful to check that it performs well across all age groups.
How to retire overseas
![James and Evelyn "Copper" Booth have retired to Penang in Malaysia.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/m/0/6/g/z/image.related.thumbnail.90x60.glt5up.png/1452604827718.jpg)
Kate Cowling Leaving the beach gets harder every year. But if you're over 60, maybe you don't have to.
SUPER & FUNDS
Retirement calculators mislead super fund members
![The online calculators on some super funds' websites are shoddy.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/j/0/h/l/z/image.related.thumbnail.90x60.gllluk.png/1452814746729.jpg)
John Collett Some of the retirement calculators on the websites of the largest super funds are misleading fund members.
MENTAL WEALTH
How to nail a New Year's resolution
![Successful New Year's resolutions are about making self-control easier for your future self.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/l/y/k/g/9/image.related.thumbnail.90x60.glyujy.png/1452595251788.jpg)
Catherine Robson There is a little known secret to self-control that makes achieving your goals a breeze.
Opinion
Savings tips are not sexist
![Giving up a glass of wine each week can add up to substantial savings.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/k/p/b/9/k/image.related.thumbnail.90x60.glknzb.png/1450054208811.jpg)
Sally Rose A few feathers got ruffled when I wrote about how much value a woman in her 30s could realise in her 60s from putting wine money into superannuation.
Don't fall for the super industry's scare tactics
![Peter Martin dinkus](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/z/q/y/b/x/image.related.thumbnail.90x60.glgmjj.png/1455185242198.jpg)
Peter Martin Retirees’ cost of living is not as outrageously high as the industry would have us believe.
SUPER & FUNDS
Read your super fund statement and dump dud funds
![Reading your super statements is not fun but it can make you richer.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/i/n/o/5/q/image.related.thumbnail.90x60.glfke8.png/1455185242261.jpg)
John Collett It is that time of year when super funds send annual statements or email them to their members. Yet how many statements remain, if not unopened, at least unread?
BOURIS ON MONEY
'Transition to Retirement' the best-kept secret in super
![''Transition to retirement'' lets mature-age workers scale back their hours of work.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/h/g/w/m/v/image.related.thumbnail.90x60.glednw.png/1449549883383.jpg)
Mark Bouris There's an under-used government policy that allows the benefits of both working and using your super, without totally losing the advantages of either.
YOUR QUESTIONS
'Splitting' to equalise couples' super
![Superannuation rules allow splitting contributions between a couple.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/k/t/2/q/i/image.related.thumbnail.90x60.gleb9p.png/1452141109829.jpg)
George Cochrane George Cochrane advises a reader about how a husband and wife can use "splitting" to equalise superannuation.
ASSET CHECK
Proposals could damage super system
![Superannuation relies on early deposits earning compound interest.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/l/c/1/h/k/image.related.thumbnail.90x60.gld7ta.png/1453266190636.jpg)
Daryl Dixon How new lifetime caps on superannuation can be introduced midstream without disadvantaging young people and those with lesser amounts already in super is a major issue.
Super rip-offs amount to $780 per member per year
![Peter Martin dinkus](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/z/q/y/b/x/image.related.thumbnail.90x60.glbrds.png/1455185242198.jpg)
Peter Martin Expensive related-party transactions by for-profit super funds cost members as much as $740 a year, analysis has found.
RETIREMENT
Time for a new type of age pension
![The age pension of the future will probably be less generous than now.](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/g/i/m/i/9/l/image.related.thumbnail.90x60.gl9rgk.png/1448599091423.jpg)
Richard Livingston The recent change in prime minister and treasurer has opened up the possibility of a policy reset. No longer hamstrung by budget emergencies and with fewer political encumbrances, we now have the opportunity to look at real ideas for fixing genuine problems.
SUPER & FUNDS
Lifestage super neither simple nor transparent
![MON00-Collett](/web/20160214103241im_/http://www.brisbanetimes.com.au/content/dam/images/3/4/p/s/h/image.related.thumbnail.90x60.gl9o3k.png/1453950920042.jpg)
John Collett A new type of superannuation investment option promises to give the fund member a smooth "glide path" where the risk is dialled-down as they age.