Posts Tagged ‘superannuation’
Superannuation changes that came into effect on 1 July 2021
The Your Future Your Super measures are some of the biggest changes ever to be made to superannuation and have come into effect this financial year. The changes include annual performance tests for MySuper products, with funds prevented from accepting new member money in that product if they fail the performance test two years in…
Read MoreYour super’s superpower
How making small changes now to your superannuation contributions can make a large difference later. The ‘super’ power of compounding You may have heard of compounding, but what is it exactly and how does it impact your super balance? Compounding is one of the keys to successful saving – it’s returns on returns, or…
Read MoreBoost your super by up to $500
Are you eligible for the Government co-contribution? If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government may also make a contribution (called a government co-contribution) up to a maximum amount of $500. The amount of government co-contribution you receive depends on your income and how much…
Read MoreHow to master money
2021 is the year to build healthy habits Your 30s to early 40s is a time where financial decisions have become more complex and costly as you may have travelled through some common rites of passage, like career changes, getting married, starting a family and buying your own home. This is also a time where…
Read MoreHow do we look?
Vision Super’s new look for 2021 We are Vision Super and we’re proud to say we’ve been helping Victoria’s with their super and retirement plans for almost 75 years. Late last year we gave our brand an uplift which you will see across our website, your secure online account, the newsletter and other areas to…
Read MoreDo you have the right type of insurance?
Super funds not only help you in saving for your retirement but also offer insurance as peace of mind in the event that something may happen to you. So, if you have insurance, it’s important to make sure you’re not underinsured or being overcharged for cover you don’t need, and if you don’t have insurance,…
Read MoreUnderstanding your annual super statement
Your Vision Super annual statement is now available via your AOL account so simply log in to view it or call us and we’ll send it out to you. We understand member statements are often full of terms you may be unfamiliar with, but it’s important to check at least a few key points to…
Read MorePossible impacts of any delay in legislated SG increases
Superannuation guarantee, or SG, is the amount your employer has to pay into your super fund on your behalf. The purpose of super is to provide income in retirement to substitute or supplement the government age pension, so the rate of the SG should be set at a level that will provide enough income to…
Read MoreWhat should I do with my Super?
We understand many are concerned about the state of the economy including its effect on your super. We encourage you, however, to remember that super is a long-term investment and while we have recently seen negative returns they are often followed by years of strong returns and performance. If retirement is far away For our…
Read MoreVision Super’s April performance
Whether through a global pandemic or just day-to-day management of your super it’s important to know that your super isn’t invested only in shares, but also in other types of assets, which helps spreads the risk. In the 12 months to the end of April this year, the Australian equity market, as measured by the…
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