Money

Money features

The Tax Office's formula for valuing defined benefit schemes favours younger retirees.

Questions remain over defined benefit schemes

While defined benefit pensioners now know precisely how the Australian Tax Office will value their pension in applying the new $1.6 million superannuation cap tax changes, the valuations for current contributions and deferred benefit members' entitlements are still works in progress.

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The superannuation lobby's field of straw men

It's an uncomfortable truth that ASFA's measure of a "comfortable" retirement supports an affluent lifestyle more luxurious than most Australians experience during their working lives.

Ten-year investment returns will look better as the GFC recedes from view.

Beware of bragging money managers

​Investing is one of the most accountable pursuits you can undertake in one important way: the scoreboard is - metaphorically - 40 feet high and unavoidable.