Here at Qantas Super, there’s nothing we love talking about more than superannuation – but even we can acknowledge that’s not exactly the case for most Australians. However, a recent survey found the majority of Australians share a number of core beliefs about the importance of the super system and its effectiveness.
Super was left largely untouched by the government in this year’s Federal Budget ahead of the election, but there are still a couple of changes to super coming into effect on 1 July 2022 that are important to be aware of.
According to the Association of Superannuation Funds of Australia (ASFA), around 80 percent of women are currently retiring with insufficient super savings to fund a comfortable lifestyle, with the average balance for women at retirement sitting at around $70,000 less than the average for men. But there are a number of quick, easy things women can do to take control of their super.
Lelis D’Souza had joined Qantas in 1993 after arriving in Perth from India, working in customer service at the airport.
Until you’re on the home stretch with just a couple of years to go, retirement can seem more like an abstract concept rather than something you’ll actually reach. That feeling can then make it difficult to want to put time into understanding your super and how it’s going to work for you in retirement.
Like many things when it comes to your finances, the amount of super you need to live out your retirement dreams depends on your personal circumstances and the goals you have for your time after work.
If you’re preparing to come back to work or have recently returned, here are a couple of quick things you can do to dust off your super account and make sure it’s in good shape.
While some prefer to wait until January 1 to set new resolutions and do a bit of life admin, here at Qantas Super we believe the new financial year is another great occasion to get your super sorted.
Australians were reunited with $7 billion in lost and unclaimed super over the 2019/20 financial year, but a further $13.8 billion still remains to be claimed.
Some of the things people say and hear about super aren’t always correct. To help you separate fact from fiction, we’ve busted a couple of common super myths.
Your parents probably taught you that you shouldn’t compare yourself to others, but sometimes it can be fun to look at what others are up to – particularly when it comes to money.
Whether you go all out on Valentine’s Day or not, the time around February 14 can be the perfect occasion to talk super with your partner.
