[Smart Investing] Retirement savings challenge; Last-minute super contributions
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22 June 2012
Retirement savings challenge
How many years do you expect to spend in retirement? This is, of course, a basic question for anyone who is seriously saving to finance an adequate standard of living in retirement.
A recent decision by the Administrative Appeals Tribunal serves as a warning for super fund members about the risks of waiting until the last few days of the financial year to make a super contribution.
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Index-trackers show up underperforming fund managers
Patrick Commins, 17 June 12
Paying fees to professional fund managers when markets are crashing is like slipping somebody $10,000 to smash your uninsured car: a very bad deal indeed. And based on data obtained exclusively by Smart Investor Money, a lot of fund managers are still being paid to underperform the market.
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