24/08/2023
https://www.nationaltribune.com.au/superannaution-delivering-on-its-promise-to-australians/
Superannaution delivering on its promise to Australians
The Financial Services Council (FSC) welcomes the Government’s announcement to strengthen the accessibility of retirement products to help Australians
25/02/2023
Shares offer an exciting opportunity for investors to potentially earn higher returns over the long term by becoming part-owners in companies. Share investing can provide diversification, flexibility, and liquidity, as well as the potential for compound growth. Investors can choose from various approaches and strategies, such as buying individual shares, investing in mutual funds or ETFs, or participating in employer-sponsored retirement plans. With transparency and the potential for ownership in companies across different industries, share investing can be a thrilling and rewarding way to build long-term wealth and achieve financial goals.
here are five benefits of share investing:
Potential for higher returns: Shares have the potential to offer higher returns over the long term compared to other types of investments, such as bonds or savings accounts. While share prices can be volatile in the short term, historically, shares have provided average annual returns that are higher than inflation over the long term.
Diversification: Investing in a diversified portfolio of shares across different companies and industries can help reduce risk by spreading your investment across multiple areas.
Ownership in a company: When you invest in shares, you become a part-owner of the company and can benefit from the company's financial success through capital appreciation and dividends.
Flexibility: Share investing can be done through various channels and strategies, providing flexibility to choose the approach that best fits your investment goals and risk tolerance.
Compound growth: Reinvesting dividends and allowing your investments to grow over the long term can result in significant compound growth, increasing your overall returns. This is because you not only earn returns on your initial investment, but also on the returns generated by the investment.
09/01/2023
https://www.australianunions.org.au/2022/12/16/why-2023-is-the-year-to-sort-out-your-superannuation/
Why 2023 is the year to sort out your superannuation
The Australian Unions Support Centre provides free and confidential assistance and information for all workplace issues. We’re here to provide support, regardless of your job or industry. All Support Centre enquiries are 100% confidential.
08/12/2020
https://www.afr.com/companies/financial-services/how-much-do-you-need-to-retire-20201130-p56j99
How much do you need to retire?
One rule of thumb is to work backwards from your annual salary and aim for a superannuation balance that delivers about 70 per cent of that each year.