Superannuation

Does your super fund need a COVID-19 health check?

August 30, 2020 Through my recent research I have found that at least nine underlying group insurance policies within common superannuation funds have exclusions on their insurance benefits for pandemic illness events i.e. COVID-19. This basically means – the insurance company will not pay you (or your family) a claim benefit if you directly or indirectly contract COVID...

Rebuilding Retirement after Early Access – it doesn’t have to be short term gain for long term pain…

August 28, 2020 Superannuation is for retirement This concept is not new or nor foreign. Under exception circumstances the Federal Government has allowed early access for up to $10,000 before 30 June 2020 and up to $10,000 within the initial 3 months of the 2020-2021 financial year (1 July 2020 – 30 September 2020) for those who face...

What Super Changes have occurred this financial year?

August 28, 2020 With the start of a new financial year – brings new rules for superfunds, some recent changes include: Lifting the age limit on the ‘work test’ requirements to age 67 – extension on age limit Before 30 June 2020 if someone were aged 65 or older they would be required to meet the ‘work test’...

Bear Markets and Economic Recessions

August 28, 2020 Gain insights into the economic landscape as Australia experiences a technical recession after 29 years of growth. Understand the distinction between a Bear Market and an Economic Recession, exploring their causes and impacts. Delve into the factors such as rising unemployment, falling productivity, and global pandemic influences, shaping the financial climate. Navigate through the complex interplay of investor sentiment, economic indicators, and the potential bidirectional relationship between bear markets and economic recessions. Stay informed on the dynamic forces influencing our financial environment.