An array of factors including sustained pay inequality, a high prevalence of participation in part time work and career breaks for family mean there is a significant super gap between men and women’s retirement savings.
Half of Australia’s small business owners will fall short on retirement savings, and one in four anticipate they will need to rely on the government pension in later years.
It’s the unsexy topic we love to avoid. Superannuation gets filed in that box of life admin tasks right alongside insurance and phone plans.
Just one in four Australians feel they have enough super to be financially secure in the future.
The Rudd government has today announced that it will make no major changes to superannuation tax policy for a period of five-years – if they’re re-elected to government.
Small businesses will now have greater access to dispute resolution for resolving complaints against APRA-regulated superannuation funds.
VicSuper is shining the spotlight on female financial literacy by launching the Super Woman Money Program.
In the last of our three-part series covering the upcoming superannuation legislation changes, we cover the new MySuper default fund and the new director’s responsibilities.
This is the second instalment of a three-part series about upcoming changes to superannuation.
As a business owner, you are probably aware that there are some changes planned to superannuation and the minimum requirements paid to employees. However, do you know exactly what they are, and how they will affect your business?
