Most teenagers don’t work enough hours to get superannuation. This means they miss out on nearly $2,200 by 18. By retirement, this could be $10,000. A new study by the Super Members Council shows a big problem. About 505,000 under-18s didn’t get super in 2024-2025. They lost an average of $730 each, adding up to … Read more
Australia’s $4.1 trillion superannuation system is getting a big update. The Actuaries Institute suggests three big changes. These aim to make superannuation fairer, more sustainable, and simpler. The goal is to help Australians use their retirement funds for income. This matches the idea of superannuation to support retirement income, alongside the Age Pension. Major Highlights … Read more
As an Australian, I’ve been watching the retirement scene closely. The Albanese government’s recent news has me feeling hopeful. After years of confusing super rules, we’re seeing real changes to help everyday Aussies in retirement. The super industry is now focusing on making retirement easier. They’re working on three big areas for the next 10 … Read more