In short: An outage to UniSuper's online system has reached its 7th day. UniSuper customers want answers from the industry super fund manager about whether their balances are safe and how a week-long outage happened. Some of UniSuper's 630,000 members say they have had sleepless nights wondering whether they have lost their money put away for retirement as the superannuation …
Since the start of the year, as a sinking share market has sparked fears among some of an imminent crash, Australians have nervously watched their super balances plummet. Hospitality worker Garth Boulton says he would like to contribute more money into his super but "it's just not financially viable". Retiree Beverly Baker says she's taken "a fair hit" in her …
Capitalism is undergoing a reinvention. Mr Frydenberg said the changes would "close regulatory gaps and increase the transparency and accountability of proxy advice and the voting practices of superannuation funds". "Superannuation funds rely on proxy advice to make decisions on behalf of millions of Australians who, through their superannuation, have invested their savings in listed companies," he said. Advisers to …
A young Australian management consultant has shared his tips on how he's managed to buy an apartment, a car and shares and still be $178,000 in the black - and says others can do the same and get on track for an early retirement. Josh told Daily Mail Australia the prime end goal is to achieve financial freedom, rather than …
Two former Labor prime ministers have launched a coordinated strike on what they say is a "cowardly" and "cruel" Coalition plan to dump next year's increase in compulsory superannuation contributions. Key points: The mandatory superannuation guarantee is due to start increasing from next year The mandatory superannuation guarantee is due to start increasing from next year Prime Minister Scott Morrison …
