Thu, 20th Jun 2024 - Superannuation News Wrap

What this episode covers

In this episode of the Weekly Superannuation News Wrap, Paige Estritori addresses the worrying financial issues of Australians facing retirement. According to a Vanguard Australia study, many Australians fear outliving their retirement savings, and nearly a third foresee ongoing mortgage payments into retirement. These concerns highlight the importance of solid retirement plans and financial strategies. The podcast also discusses a recent issue of superannuation holders falling prey to high-pressure cold-call tactics. These deceptive methods result in individuals switching to super funds with high fees and poor performance records. Scarily, personal data is then being sold on and further misused. These scams primarily target individuals aged 25-50 with large super balances. Remember, understanding the news is crucial for making informed choices for your future. Visit www.financialservicesonline.com.au for more information.n

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When was this Superannuation News Wrap episode published?

This episode was published on June 19, 2024.

What is this episode about?

In this episode of the Weekly Superannuation News Wrap, Paige Estritori addresses the worrying financial issues of Australians facing retirement. According to a Vanguard Australia study, many Australians fear outliving their retirement savings, and...

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