Page 2 - Super Consumers News Today

Super funds will still be required to provide itemised information about political donations after Labor backflipped on a controversial proposal that would have allowed funds to declare donations in aggregate.

Treasurer Jim Chalmers this week declared victory in the 30-year superannuation wars, but now a fresh fight has erupted over the purpose of super.

China has transformed itself from a feudal economy in the 19th century, to Mao and Communism in the 20th century, to the largest consumer market in the world by the early 21st century. China's Super Consumers explores the extraordinary birth of consumerism in China and explains who these super consumers are.

Super Consumers says funds should disclose more detail about political donations, as the Coalition launches a long-shot attempt to sink proposed super changes.

It has become the greatest clickbait headline of them all but if anything, the answer of how much you need to save to retire on has become more confusing than ever.

New calculations reveal you only need a super balance of $88,000 when you retire. Who’s saying this?

The most recent APRA heatmaps show many Choice super products are underperforming, which will leave their members with less in retirement.

It only takes a few people to disrupt things for everyone else and that appears to be happening at the moment with superannuation.

There are 370 people under 30 with more than $2m in retirement savings, leading to calls to ban extremely high superannuation balances.

Shadow Treasurer Jim Chalmers has pushed back on calls to cap super balances at $5 million, saying that reforming superannuation taxes is not a priority.