Blog

August 2, 2017

Another insight into Australia’s persistent retirement-savings gender gap

New research provides another insight into Australia’s persistent retirement-savings gender gap and into what some women are personally doing to lessen its impact. This research, How Australia Saves – a collaboration between Vanguard and Sunsuper – draws on the transactions and investment experiences of more than a million Sunsuper members. Researchers found that a higher proportion of women than men made non-concessional (after-tax) contributions in 2015-16. Women made up 59 per cent of the members making non-concessional contributions into the fund’s default lifecycle option during 2015-16 in addition to their superannuation guarantee (SG) contributions. (The vast majority of Sunsuper’s members are in […]
August 2, 2017

Smart ways to stretch retirement money

Just think that in early June 2008, the Reserve Bank’s cash rate stood at 7.25 per cent. Now fast forward nine years to early June 2017 and Australia’s current cash rate is 1.5 per cent. And just think of the impact of falling interest rates on the many retirees who may have become accustomed before the GFC aftermath to financing their retirement from the interest and yields generated by their portfolios. Numerous retirees – as well as the swelling numbers of investors on the eve of retirement – are still struggling to adjust their expectations and practices for a low-interest […]
July 26, 2017

New financial year strategies and resolutions

A smart way to begin the new financial year is to make sure your personal finances are in the best possible shape for 2017-18 and beyond. Ideally, your new year personal financial strategies and resolutions should include your super and non-super investment portfolios, retirement-saving strategies and, critically, your personal debt control. With personal finances, it is often a matter of resolving to improve your position and then setting strategies in place to achieve your objectives. And a new financial year can act as a useful psychological prompt to act. Here are a few pointers for 2017-18: Understand how super changes […]