The recent share market plunge will have knocked 3 to 5 percent off super fund balances and with Australians on average having four super accounts, this is a large proportion of your retirement income. Now is the time to consider consolidating your superannuation and saving on fees.
To maximise retirement benefits, investors must be proactive in managing their super, warns Jeff Bresnahan. Not surprisingly, some funds are better than others, and it is important that you know whether you are in a fund that provides everything you need for reasonable value. As most of us have never formally reviewed our super, right now might be the time to do so.
What we eat has a huge impact on our health, with certain foods being high in fatty acids and antioxidants. Super foods can help the anti-ageing process or fight diseases such as cancer, so which foods should you ensure are included in your diet?
The Cooper Review of superannuation was announced in May 2009 as an initiative of the Labor Government intended to scrutinise the way superannuation works and to ‘maximise retirement incomes for Australians’.
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