Super gender gap costing women thousands each year

Working mums will lose thousands of dollars in retirement savings every year the federal government resists paying super on parental leave, new modelling shows. The analysis by industry fund Hesta and Laneway Analytics estimates women have already missed out on more...[Read More]

Super for nest eggs not ‘pet projects’

The federal opposition has accused the Labor government of trying to funnel superannuation into “pet projects”, and called for the health of Australian nest eggs to remain the top priority. Treasurer Jim Chalmers wants super funds to double down on the clean energy...[Read More]

Cost of Retirement – How Much Is Enough for a Comfortable Lifestyle?

No one can blame you if, during your 20s and 30s, you didn’t really think much about retirement. If you’ve been putting away a reasonable fixed amount (about 10% of your monthly salary) toward your savings since you first started working, it’s highly possible...[Read More]

Work out if you have to pay super

How to work out when employers need to pay super guarantee and which employees are eligible.   What super payment is required If you pay a worker, you are also required to pay super guarantee. You need to pay it to an eligible employee’s super fund...[Read More]

Super changes that could affect you from 1 July 2022, your EOFY checklist

Essential Superannuation EOFY Tips This 2022 The week leading up to 30 June is an excellent time to take advantage of any tax benefits that may be available within superannuation. There are certain contributions you can focus on to lower your taxable income or...[Read More]

Think about Superannuation early on in life

You may think your retirement is far off—so no worries, right? Not so fast. To ensure you have enough funds to live well when you retire, you need to learn what you need to do now to make sure you can have the lifestyle you’ve worked so hard to have—for the rest...[Read More]

Get the maximum value from your life insurance

Your life insurance is flexible and can be adapted to your changing needs. Make sure you have a cover review with your adviser every 12-18 months to ensure you’re covered or when major life events occur, for just the right amount, paying the right amount, and getting...[Read More]

A critical illness or serious injury can make it difficult to continue to work. Trauma insurance can help.

What trauma insurance covers Trauma insurance, also called ‘critical illness’ or ‘recovery insurance’ pays a lump sum amount if you suffer a critical illness or serious injury. This includes cancer, a heart condition, major head injury or...[Read More]

Tax incentives support small businesses

It is a budget designed to support the economy’s path out of the pandemic. Cost of living and infrastructure are the focus. Businesses and consumers are still struggling after a number of difficult years. The Coalition government has issued a pre-election budget that...[Read More]

Know where you stand: Myths about life insurance

Here we dispel some common myths about life insurance to help you make informed decisions about your cover. Myth # 1 – Life insurance companies don’t pay claims There’s a common perception that life insurance companies will do everything they...[Read More]

What’s the difference between general and personal advice?

With something as important as life insurance, you want to know you’re making the right decisions for yourself and your loved ones. But how can you be sure when there are so many variables and options? General advice and personal advice can both be helpful for...[Read More]

4 key factors impact your insurance premium

Ever wondered how insurers work out the cost of your life insurance? There are many factors that can impact the premium you pay, but there are 4 factors in particular you need to be aware of.   Your personal risks Dangerous occupations can attract a higher base...[Read More]

Here’s why you need to consolidate your super in 2022

Money and Life (Financial Planning Association of Australia)   New super rules introduced November 2021 mean employees are now ‘stapled’ to their existing superannuation fund, unless they choose otherwise. That’s why it’s more important than ever to...[Read More]

The science behind why we need life insurance: Life insurance saves us from ourselves

Clarity (OnePath)   Life insurance protects our future financial circumstances against unexpected illness or injury. Deep down, most of us probably know that’s a good investment in our future. But the truth is many people struggle to engage with life insurance...[Read More]

Sacrificing part of your salary can reduce your tax

MoneySmart (ASIC)   Salary packaging is when you and your employer ‘package’ your salary into income and benefits. It’s also known as salary sacrifice. How salary packaging works Salary packaging is when you arrange to receive less income after...[Read More]