Superannuation System News Today

As a person now closing in on retirement, I admit I had no idea in my 20s how much my future, and the futures of those close to me, would depend on my superannuation savings.

As per the Social Security and Medicare Boards of Trustees, Social Security benefits are expected to be payable in full on a timely basis until 2034 -- when the trust fund reserves are projected to...

As per the Social Security and Medicare Boards of Trustees, Social Security benefits are expected to be payable in full on a timely basis until 2034 -- when the trust fund reserves are projected to...

The demographic landscape of Australia is undergoing a significant shift — weve been living in the Baby Boomer era for quite some time now.

Following 2014 recommendations that LRBAs should be prohibited, the latest CFR report has massively downgraded their risk — mostly.

A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could put their retirement savings at risk.

Research from the Council of Financial Regulators has further backed up its findings from three years ago that Limited Recourse Borrowing Arrangements in SMSFs could pose a significant risk to individual retirement savings.