The US bond market is predicting a recession, and it is never wrong, but what will this mean for Australia?
Susan has been a finance journalist for 30 years. She wrote for the Australian Financial Review and the Sydney Morning Herald, edited ASFA's Superfunds magazine and wrote the best-selling Women and Money.
A third of Australians could be in for a refund from their super fund if they join Slater and Gordon’s Get Your Super Back class action.
The same super fund has topped the list of the worst super funds for the sixth year in a row, according to Stockspot’s annual Fat Cat Funds report.
How does your asset allocation compare to a typical wealthy Australian? A recent survey of high net worth investors gives you a peek into their portfolios.
“I sort of trust algorithms more than financial planners who are linked to the products of their institutions,” says mathematician and robo adviser client Lara Jordan.
The super gap kicks in when women are just 28 and keeps growing, with the average Australian woman retiring with just over half the super balance of the average man.
Matt Campbell estimates that for the same price as two beers at the football he pays for $10,000 to be managed by robo adviser Six Park for five months.
Robo advisers are set to rise in the wake of the Hayne royal commission exposing the financial planning industry’s high fees and conflicts of interest.
Simply reinvesting distributions to benefit from compounding may not be the best strategy, as Susan Hely found out the hard way.
Trustees are supposed to act in fund members’ best interests but, according to the 10 days of Hayne royal commission hearings into the $2.6 trillion superannuation sector, time and again trustees of retail super funds behaved negligently.