Posts Tagged ‘VisionSuper’
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 MoreSuper and the government pension: what income can I expect in retirement?
We often hear that we’ll need a million dollars in super before we’re able to think about retiring comfortably. And while it’s a lovely round number, it can also be completely wrong. There’s certainly no one-size-fits-all when it comes to knowing how much you’ll need in retirement, and there’s some thought involved in working out…
Read MoreGrow Your Super
Recent changes to superannuation mean you can now add more into your super without hitting the ‘concessional cap’. Concessional contributions It can be tricky to get your head around all the different types of contributions, but the most common type of payment into your account will most likely be concessional. These are the payments your…
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 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 MoreAre you retirement-ready?
Check out how Vision Super’s services makes it easier Retirement is the time to start enjoying the money you spent your working life accumulating, and you’ll want to be confident that your money will go the distance. There are many steps involved in preparing for retirement including deciding whether you’re ready to leave steady employment…
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…
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