Posts Tagged ‘Superannuation’

The new super rules have rendered employer-provided life insurance plans nowhere near as friendly as they previously were. And a new $140,000 tax-free cap is vastly inadequate.

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An article in the Australian Financial Review’s ‘Smart Money’ section in October discussed the merits of salary sacrificing super. Summerhill’s Caroline Bell was quoted.

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Nearly 80% of people consider super the ‘main nest egg’ for retirement, yet only a third of those over 50 think they will be self sufficient once they leave full-time work.

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