According to the Australian Competition and Consumer Commission (ACCC), in 2023 financial scams cost Australians around $2.7 billion. Financial fraudsters deceive, manipulate and exploit victims into making financial transactions or investments, or sharing sensitive information for illegal profit, money laundering, or even funding terrorism activities. Regardless of who you are, cyber-attack is a daily threat. … Read more
When considering how much super you should have, it’s important to understand that the amount you need is deeply intertwined with your unique circumstances. Your age, income, lifestyle expectations, and retirement goals are important in helping determine how much super is sufficient for you. While there are general guidelines available, there’s no one-size-fits-all answer. How … Read more
In 1996, total superannuation assets were $245 billion. By 2007, they had surpassed $1 trillion and had exceeded GDP. Today, Australia’s superannuation system as a collective is nudging a staggering $4 trillion, underscoring the system’s growth and importance. Whilst our compulsory employer contribution scheme ensures a steady stream of funds into retirement savings, there are … Read more
The Australian Securities and Investments Commission (ASIC) has warned about a new scam targeting superannuation savings1. Through cold calls, scammers attempt to extract your personal and superannuation fund details by offering incentives in the form of gift cards, competitions or mobile phones. Some induce victims to create an account on their ‘comparison website’ to legitimise … Read more
Do you have a twelve-a-day habit? We’re talking seated hours, not cigarettes. Studies indicate that sitting too much and moving too little can be just as bad for your health. The Victorian Government’s Better Health website suggests that sitting is the new smoking, and plenty of studies are backing up the claim. According to government … Read more
