Structural flaws in super system losing Australians $billions.

Structural flaws in super system losing Australians $billions. The Productivity Commission has recommended sweeping changes to the superannuation system, highlighting key flaws that are costing members nearly $4 billion a year. The Commission, set up by the federal government as part of its response to the Financial System Inquiry has named multiple super accounts and underperforming funds as the key reasons why members are losing out. A key recommendation for tackling the problem is the …

How to cope with losing independence

How to cope with losing independence If you or a loved one is experiencing a loss of independence, you may be able to maintain a sense of control. Few, if any of us, look forward to losing independence. In fact, research reveals that 75% of older people feared losing independence while only 29% feared dying1. It also revealed that 44% were worried about moving into an aged care facility. Whether a physical, social or emotional …

How to Give Saver’s Block the Boot

How to Give Saver’s Block the Boot Are you suffering from saver’s block? If you don’t know if you are or not, we will list two of the most common symptoms associated with saver’s block. Lack of ideas or never ending to-do lists are two symptoms that lead to saver’s block. The most prominent sign that you have saver’s block is that you lack the ability to save money. Money, at this point, is not …