More than 5. 2 million young Australians are missing out on higher superannuation returns by investing their retirement savings in default MySuper accounts according to research from Innova Asset Mana
Australians are good at accumulating savings for retirement but they are not so good at mapping out the best way to spend their savings once they retire.
If big money is going to invest in clean energy and technology, the rules have to be clear. Australia’s launch of a green finance strategy last week was a good start but there is further to go.
ASFA has asked for two improvements to be made to the YFYS performance test. In its latest submission to the Treasury’s Your Future, Your Super review, the Association of Superannuation Funds of
A total of 13 super funds failed the inaugural performance test in 2021. APRA member Margaret Cole said the prudential regulator is finalising work on the second MySuper performance test. Following