Investors warned off making extra super contributionsBY MARK SMITH | THURSDAY, 11 JUL 2013 11:55AMAnyone under 50 should invest the absolute minimum amount into their superannuation fund, according to well-known stock-picker Roger Montgomery. |
Editor's Choice
Australian dividend distributions rebound in Q3
|Australia saw a significant rebound in dividend distributions in the quarter to September 30, with the recovery attributable to BHP and the broader mining sector.
Aequitas hires from Vanguard again
|Aequitas Investment Partners has named a head of asset consulting, joining from Vanguard Australia.
RBA delivers another hike in split decision
|The Reserve Bank of Australia delivered its fifth interest rate hike this year, but the monetary board was split in its decision.
Sequoia profits tank as advisers flee
|Sequoia's Q1 revenue dropped close to 60% while also recording a profit loss. Despite this former chief executive Garry Crole took home more than $400k.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Yes Roger, the goal posts most certainly will change over the coming years and decades. What probably won't change though is the government knowing that the best way to ease future aged pension payments is for Australians to have a healthy super balance. It stands to reason that voluntary contributions into super will only occur is there are tax benefits; ergo there will always be more favourable tax rates inside, rather than outside, the superannuation environment.
Superannuation is certainly something of a political football and there may well be further change but I am unsure why anyone would decry the super fund earnings tax rate of 15% and a pension fund earnings tax rate of 0%. Even if there is an alteration to these tax levels, many investors are still left vastly better off when compared to their marginal rate of taxation. Sure, don't invest in super with your "ears pinned back" but don't be closed minded about the benefits either.
"It's as certain as gravity,"
Not only is Earth's gravity marginally inconsistent around the globe, it also fluctuates depending on the underlying mass of the Earth. Seismic events and even changes in groundwater levels can change the force of gravity in a given area. In addition, plate tectonic activity and the movement of glacial ice sheets have also been known to dampen gravity.
Sounds like the markets, Roger. You seem to be saying that uncertainty is certain. Nothing is certain, just ask Heisenberg.