The Persistent Gap Of Gender Superannuation

The Persistent Gap Of Gender & Superannuation

There exists a persistent and concerning gender gap in superannuation. Women often find themselves disadvantaged compared to their male counterparts when building wealth for their golden years. Superannuation plays a crucial role in this narrative, whether via income, career breaks or even Australia’s retirement savings system. Let us explore the factors contributing to the gender…

Evaluating the Benefits of Superannuation Insurance Compared to External Providers

Evaluating the Benefits of Superannuation Insurance Compared to External Providers

Many superannuation funds offer life insurance as part of their member benefits package. This type of insurance provides a lump sum payment to the policyholder’s beneficiaries in the event of the policyholder’s death or if they become terminally ill. Life insurance through superannuation offers several advantages: Cost-Effective Coverage Since super funds purchase insurance policies in…

Temporary Resident Leaving Australia You Might Be Eligible For DASP…

Temporary Resident Leaving Australia? You Might Be Eligible For DASP…

For temporary residents in Australia, assessing your entitlement to superannuation is essential both during your employment and upon your departure. Superannuation, commonly called ‘super,’ is a retirement savings scheme in Australia. When working in the country, your employer must typically contribute to a super fund on your behalf. Importantly, this requirement is generally not contingent…

The Common Misconceptions Surrounding Super You Might Be Guilty Of Thinking…

The Common Misconceptions Surrounding Super You Might Be Guilty Of Thinking…

Superannuation, often called ‘super,’ is a vital part of Australia’s financial landscape. It’s a retirement savings system intended to provide financial security in your golden years. However, despite its widespread use and importance, there are several common misconceptions about superannuation that many Australians hold. Let’s shed light on some of these misconceptions and clarify how…

Important Reminders About The Superannuation Guarantee Its Impact On Your Super…

Important Reminders About The Superannuation Guarantee & Its Impact On Your Super…

Superannuation guarantees are a vital part of Australia’s retirement savings system, and chances are you’ve encountered this term when discussing your workplace benefits. But what exactly are superannuation guarantees, and how do they affect your financial future? Let’s break it down in simple terms. What Is A Superannuation Guarantee? A superannuation guarantee (SG) is a…