array(6) { [0]=> object(stdClass)#2551 (58) { ["id"]=> string(5) "14462" ["title"]=> string(49) "Reliance on the Age Pension a real fear for women" ["alias"]=> string(49) "reliance-on-the-age-pension-a-real-fear-for-women" ["introtext"]=> string(172) "

Older Australian women are displaying more concern about having to rely on the Age Pension in retirement than their male counterparts, new research has revealed. 

" ["fulltext"]=> string(2471) "

nestegg yesterday highlighted how retirement income worries are rife amongst older Australians and can today reveal that women are carrying the higher burden of that anxiety than men.

The survey found that nearly three in five women are worried about outliving their savings (59 per cent) compared to just 47 per cent of men.

National Seniors Association (NSA) flagged that “not only are retired women more worried than men, they are also more likely to be relying on the Age Pension as their main source of income”.

Women are also more likely to have less than $500,000 in retirement savings, which is below the ASFA comfortable standards, it was flagged. 

Drilling down into the insights from the report, NSA said divorced women are among the most worried about their financial situation in retirement.

Of higher concern was the fact that concern levels were 47 per cent higher in women after taking out the effects of the above factors, as considered in the survey.

This was attributed to gender role expectations by the NSA, particularly related to expectations around carer responsibilities as well as the “real risk” of outliving their partners.

Weighing in on the report’s findings, Jeremy Cooper, Challenger’s chairman of retirement income, said disparities in earnings and working patterns have disadvantaged women and their wealth accumulation potential.

He emphasised the importance of improving superannuation outcomes for women, outlining how “super not only provides a reliable source of income, but also reduces worry for older Australians” before iterating how “our super system doesn’t cater for this difference in longevity”.

He also flagged how the research indicated a sentiment “that people treat the Age Pension and their own savings differently”.

“They fear running out of their own money, even though the safety net of the Age Pension will be there for them,” Mr Cooper noted.

“This sends a strong signal that people worry about being solely reliant on the Age Pension,” the retirement income expert said, flagging it as important that super funds explore ways of providing more lifetime income to their members.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "297" ["created"]=> string(19) "2020-01-22 01:28:34" ["created_by"]=> string(4) "2386" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-22 00:48:41" ["modified_by"]=> string(4) "2384" ["modified_by_name"]=> string(16) "Cameron Micallef" ["publish_up"]=> string(19) "2020-01-22 01:28:28" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(257) "{"image_intro":"images\/article-826x550\/older-woman-working-ne.jpg","float_intro":"","image_intro_alt":"age pension a real fear for women","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(49) "Age pension, fear, worry, concern, superannuation" ["metadesc"]=> string(49) "Reliance on the age pension a real fear for women" ["access"]=> string(1) "1" ["hits"]=> string(2) "71" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2471" ["ordering"]=> string(1) "2" ["category_title"]=> string(20) "Retirement planning" ["category_route"]=> string(19) "retirement/planning" ["category_access"]=> string(1) "1" ["category_alias"]=> string(8) "planning" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "64" ["author"]=> string(12) "Grace Ormsby" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2574 (3) { ["data":protected]=> object(stdClass)#2577 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-22 01:28:28" ["slug"]=> string(55) "14462:reliance-on-the-age-pension-a-real-fear-for-women" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(12) "297:planning" ["event"]=> object(stdClass)#2646 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(417) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(172) "

Older Australian women are displaying more concern about having to rely on the Age Pension in retirement than their male counterparts, new research has revealed. 

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2700 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2655 (3) { ["data":protected]=> object(stdClass)#572 (1) { ["options"]=> object(stdClass)#2659 (2) { ["options0"]=> object(stdClass)#2660 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2656 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2657 (3) { ["data":protected]=> object(stdClass)#2663 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(70) "/retirement/planning/reliance-on-the-age-pension-a-real-fear-for-women" ["image"]=> string(49) "images/article-826x550/older-woman-working-ne.jpg" ["image_alt"]=> string(33) "age pension a real fear for women" } [1]=> object(stdClass)#2550 (58) { ["id"]=> string(5) "14465" ["title"]=> string(39) "Should superannuation be a shared goal?" ["alias"]=> string(38) "should-superannuation-be-a-shared-goal" ["introtext"]=> string(187) "

Women currently retire with 47 per cent less than men due to the gender pay gap, as well as career interruptions associated with children.

" ["fulltext"]=> string(2805) "

One method suggested to help solve this is for couples to combine superannuation accounts, but would it work?

According to the Association of Superannuation Funds of Australia (ASFA), the estimated average couple requires $640,000 to retire comfortably, on the assumption super is received as a lump sum and the beneficiary receives a part Age Pension. 

In a conversation with nestegg, Laura Wright, CEO of NGS Super, discussed how super can be a collective goal for couples but with each member having separate superannuation accounts.

Ms Wright believes solving the issues that are causing worsening retirement outcomes for women is the way forward instead of simply combining accounts with men.

“Combining super accounts doesn’t address those issues and could potentially make it more difficult for women to achieve financial independence or make it harder for someone to leave an unhealthy relationship,” Ms Wright explained.

Instead, the superannuation expert advocated for couples that are taking a joint approach to their finances to take advantage of tax benefits. 

“There are plenty of things both partners can do to boost their own super, such as salary sacrificing and making after-tax contributions when they receive a windfall,” Ms Wright said. 

“They may be able to take advantage of spouse contributions, where the higher earning partner contributes to the lower-earning partner’s super.” 

“They may also want to look at contribution splitting, which can have tax advantages for the higher-earning partner – this only applies to certain types of contributions and needs to be set up with your super fund,” Ms Wright suggested.

Finally, Ms Wright suggested that couples with joint financial goals should have a conversation around superannuation. 

“When couples are discussing their financial goals, they remember to consider super in that conversation. This includes making sure that they have made decisions about beneficiaries and any insurance they hold through their funds,” she concluded.

nestegg recently reported that the reliance on the Age Pension is a real fear for women.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "298" ["created"]=> string(19) "2020-01-22 01:27:05" ["created_by"]=> string(4) "2384" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-22 01:50:11" ["modified_by"]=> string(4) "2357" ["modified_by_name"]=> string(12) "Erika Sauler" ["publish_up"]=> string(19) "2020-01-22 01:27:00" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(245) "{"image_intro":"images\/article-826x550\/couple-watching-television-ne.jpg","float_intro":"","image_intro_alt":"superannuation","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(53) "Superannuation, joint outcomes, couple superannuation" ["metadesc"]=> string(138) "Women currently retire with 47 per cent less than men due to the gender pay gap, as well as career interruptions associated with children." ["access"]=> string(1) "1" ["hits"]=> string(3) "110" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2805" ["ordering"]=> string(1) "5" ["category_title"]=> string(14) "Superannuation" ["category_route"]=> string(25) "retirement/superannuation" ["category_access"]=> string(1) "1" ["category_alias"]=> string(14) "superannuation" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(16) "Cameron Micallef" ["author_email"]=> string(37) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2576 (3) { ["data":protected]=> object(stdClass)#2579 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-22 01:27:00" ["slug"]=> string(44) "14465:should-superannuation-be-a-shared-goal" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(18) "298:superannuation" ["event"]=> object(stdClass)#2691 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(417) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(187) "

Women currently retire with 47 per cent less than men due to the gender pay gap, as well as career interruptions associated with children.

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2702 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2685 (3) { ["data":protected]=> object(stdClass)#2645 (1) { ["options"]=> object(stdClass)#2689 (2) { ["options0"]=> object(stdClass)#2690 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2686 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2687 (3) { ["data":protected]=> object(stdClass)#2653 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(65) "/retirement/superannuation/should-superannuation-be-a-shared-goal" ["image"]=> string(56) "images/article-826x550/couple-watching-television-ne.jpg" ["image_alt"]=> string(14) "superannuation" } [2]=> object(stdClass)#2556 (58) { ["id"]=> string(5) "14453" ["title"]=> string(34) "Retirement income worries are rife" ["alias"]=> string(34) "retirement-income-worries-are-rife" ["introtext"]=> string(147) "

More than half (53 per cent) of Australian seniors are worried they’ll outlive their savings and investments, a new report has revealed.

" ["fulltext"]=> string(2736) "

Research from National Seniors Australia also found that an even higher proportion (two-thirds) of retirees actually expect to outlive their savings within the next 20 years, whether or not they are worried about it.

The report also revealed that higher levels of worry around retirement savings were prevalent among younger people who are not yet retired, which the association attributed to individuals adjusting to their “actual” circumstances in retirement, whether they had forward-planned or not.

For the association’s CEO, professor John McCallum, the findings illustrate the extent of concern felt by older Australians with regard to financial security.

“Australia has one of the best pension systems in the world, yet Australian retirees are still showing high levels of worry that they will outlive their savings,” he commented.

“This shows a need for better advice and education to help older Australians manage their savings so they can have the confidence to spend their money and enjoy retirement.”

Despite this, the research did find that having a reliable source of income that will last for life is a key factor for worrying less.

Australians without any superannuation were the most likely to worry frequently, and were most likely to be on the Age Pension.

According to National Seniors Australia, those people with a defined-benefit pension or a lifetime annuity reported the lowest levels of worry.

It was also notable that the group of people living on dividends, rent or business income also expressed they were relatively unconcerned about their finances.

“These people are likely to have more wealth and be in a better financial position than most retirees,” the report read, pointing out a need for better financial products to be available for people who are commencing their retirement.

Superannuation

Individuals who do rely on superannuation as their main source of current or future income in retirement worry less than retirees who rely on the Age Pension as their main source of income, the report outlined.

Highlighting the “not fully mature” nature of the super system in Australia, it was outlined that most current retirees “weren’t required to make superannuation contributions for a large part of their working career”.

Despite this, the results showed “it is clear that superannuation is not only providing a reliable source of income in retirement, but it is also reducing financial worries for many retirees”.

According to the National Seniors Association, this should improve as the system continues to mature.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "297" ["created"]=> string(19) "2020-01-21 01:25:25" ["created_by"]=> string(4) "2386" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-21 01:11:38" ["modified_by"]=> string(4) "2357" ["modified_by_name"]=> string(12) "Erika Sauler" ["publish_up"]=> string(19) "2020-01-21 01:25:19" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(253) "{"image_intro":"images\/article-826x550\/retirees-bills-ne.jpg","float_intro":"","image_intro_alt":"Retirement income worries are rife","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(72) "australians, seniors, retirees, planning, income, stress, concern, worry" ["metadesc"]=> string(138) "More than half (53 per cent) of Australian seniors are worried they’ll outlive their savings and investments, a new report has revealed." ["access"]=> string(1) "1" ["hits"]=> string(3) "150" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2736" ["ordering"]=> string(1) "3" ["category_title"]=> string(20) "Retirement planning" ["category_route"]=> string(19) "retirement/planning" ["category_access"]=> string(1) "1" ["category_alias"]=> string(8) "planning" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "64" ["author"]=> string(12) "Grace Ormsby" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2578 (3) { ["data":protected]=> object(stdClass)#2581 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-21 01:25:19" ["slug"]=> string(40) "14453:retirement-income-worries-are-rife" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(12) "297:planning" ["event"]=> object(stdClass)#2693 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(417) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(147) "

More than half (53 per cent) of Australian seniors are worried they’ll outlive their savings and investments, a new report has revealed.

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2704 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2655 (3) { ["data":protected]=> object(stdClass)#572 (1) { ["options"]=> object(stdClass)#2659 (2) { ["options0"]=> object(stdClass)#2660 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2656 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2657 (3) { ["data":protected]=> object(stdClass)#2663 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(55) "/retirement/planning/retirement-income-worries-are-rife" ["image"]=> string(44) "images/article-826x550/retirees-bills-ne.jpg" ["image_alt"]=> string(34) "Retirement income worries are rife" } [3]=> object(stdClass)#2557 (58) { ["id"]=> string(5) "14455" ["title"]=> string(56) "Does the superannuation industry need more transparency?" ["alias"]=> string(55) "does-the-superannuation-industry-need-more-transparency" ["introtext"]=> string(256) "

Australians are passively investing $2.9 trillion into funds that are shrouded in secrecy and lack of transparency; investors’ values and what they invest in may not align, an industry expert has suggested.

" ["fulltext"]=> string(2337) "

According to Kent Kwan, co-founder and CEO at Elevate Super, many superannuation funds have no independent sustainability framework and people may not know if their super fund is investing sustainably. 

“Australians, particularly younger Australians, tend to view super as an unimportant and ineffective asset.”

“The reality is, our combined super investment is impactful, and it’s vital we’re comfortable our super is being used to support and make us part owners in industries which align with our core values while delivering competitive returns,” Mr Kwan said.

As the volume of Australian super draws parallel to the GDP of Canada, Mr Kwan believes it is important for members to review their super and ensure they are comfortable as to what this money is being used for.

“It is not currently mandatory for Australian super funds to provide enough detail to know whether the investment of your super aligns with your core values.” 

“If you’re dissatisfied with the information provided by your existing fund, consider other super funds which are transparent about where your money is going.”

In a report on 57 superannuation funds, Responsible Investment Association Australia found that funds with strong ESG outperformed their peers.

The 34 responsible investing funds had an average return of 7.33 per cent, slightly above the returns of non-responsible investing funds, which returned 7.31 per cent.

Over a three-year horizon, responsible investing (RI) funds outperformed non-responsible investing (non-RI) funds, 9.06 per cent compared with 8.65 per cent.

The five-year average had the greatest divergence – RI funds gave 8.14 per cent, while non-RI funds produced 7.7 per cent.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "298" ["created"]=> string(19) "2020-01-21 01:25:08" ["created_by"]=> string(4) "2384" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-21 01:49:53" ["modified_by"]=> string(4) "2384" ["modified_by_name"]=> string(16) "Cameron Micallef" ["publish_up"]=> string(19) "2020-01-21 01:25:03" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(243) "{"image_intro":"images\/article-826x550\/jar-money-plant-ne.jpg","float_intro":"","image_intro_alt":"superannuation industry","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(33) "Superannuation, ethical investing" ["metadesc"]=> string(208) "Australians are passively investing $2.9 trillion into funds that are shrouded in secrecy and lack of transparency; investors’ values and what they invest in may not align, an industry expert has suggested." ["access"]=> string(1) "1" ["hits"]=> string(2) "60" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2337" ["ordering"]=> string(1) "7" ["category_title"]=> string(14) "Superannuation" ["category_route"]=> string(25) "retirement/superannuation" ["category_access"]=> string(1) "1" ["category_alias"]=> string(14) "superannuation" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(16) "Cameron Micallef" ["author_email"]=> string(37) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2580 (3) { ["data":protected]=> object(stdClass)#2583 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-21 01:25:03" ["slug"]=> string(61) "14455:does-the-superannuation-industry-need-more-transparency" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(18) "298:superannuation" ["event"]=> object(stdClass)#2695 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(417) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(256) "

Australians are passively investing $2.9 trillion into funds that are shrouded in secrecy and lack of transparency; investors’ values and what they invest in may not align, an industry expert has suggested.

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2706 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2685 (3) { ["data":protected]=> object(stdClass)#2645 (1) { ["options"]=> object(stdClass)#2689 (2) { ["options0"]=> object(stdClass)#2690 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2686 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2687 (3) { ["data":protected]=> object(stdClass)#2653 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(82) "/retirement/superannuation/does-the-superannuation-industry-need-more-transparency" ["image"]=> string(45) "images/article-826x550/jar-money-plant-ne.jpg" ["image_alt"]=> string(23) "superannuation industry" } [4]=> object(stdClass)#2558 (58) { ["id"]=> string(5) "14445" ["title"]=> string(55) "‘Fantasy world’ a danger for superannuation members" ["alias"]=> string(49) "fantasy-world-a-danger-for-superannuation-members" ["introtext"]=> string(236) "

The federal government remains committed to raising the superannuation guarantee to 12 per cent by 2025, despite an Australian National University study asserting a raise was unnecessary.

" ["fulltext"]=> string(2752) "

Research released by the Australian National University (ANU) found that the current guarantee of 9.5 per cent was “more than sufficient” for most people to achieve a comfortable income in retirement.

The study also found that many income groups need considerably less than the 9.5 per cent superannuation guarantee.

This comes off the back of research released by the Grattan Institute, which noted that changing superannuation to 12 per cent of wages would make the middle-class workers $30,000 a year worse off. 

The superannuation industry refuted the study, claiming it creates dangerous conclusions based on flawed assumptions that bear no resemblance to working life in Australia. 

According to Industry Super Australia chief executive Bernie Dean, “Researchers have created a fantasy world where every Australian is a single man who is in the workforce for more than 40 straight years.”

Australia’s 3.9 million casual or part-time workers were not included as part of ANU’s modelling, Industry Super continued. 

“There is no savings other than super – no family homes, investment properties, shares or bonds. This fantasy ANU model has also done away with unpaid super,” Industry Super further explained.

The one in three Australians currently underpaid super totalling close to $6 billion a year – as shown in Industry Super Australia’s analysis – were also not considered in ANU’s modeling.

As the researchers admit the “scope of its analysis is limited”, Industry Super Australia said that it is so limited that no meaningful conclusions could be drawn from it.

“It draws dangerous conclusions. If implemented, millions of Australians would be left struggling to make ends meet on the pension, or forced to work until they drop,” Mr Dean said.

According to Industry Super, the only way to have Australians retire with dignity, choice and control is for the government to deliver on its promise to increase the super guarantee to 12 per cent.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "298" ["created"]=> string(19) "2020-01-20 01:27:47" ["created_by"]=> string(4) "2384" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-20 01:47:33" ["modified_by"]=> string(4) "2385" ["modified_by_name"]=> string(14) "Justine Nifras" ["publish_up"]=> string(19) "2020-01-20 01:27:40" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(231) "{"image_intro":"images\/article-826x550\/fantasy-world-ne.jpg","float_intro":"","image_intro_alt":"Fantasy world","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(76) "Superannuation, super guarantee, raising the super guarantee, Industry Super" ["metadesc"]=> string(187) "The federal government remains committed to raising the superannuation guarantee to 12 per cent by 2025, despite an Australian National University study asserting a raise was unnecessary." ["access"]=> string(1) "1" ["hits"]=> string(3) "132" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2752" ["ordering"]=> string(1) "8" ["category_title"]=> string(14) "Superannuation" ["category_route"]=> string(25) "retirement/superannuation" ["category_access"]=> string(1) "1" ["category_alias"]=> string(14) "superannuation" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(16) "Cameron Micallef" ["author_email"]=> string(37) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2582 (3) { ["data":protected]=> object(stdClass)#2585 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-20 01:27:40" ["slug"]=> string(55) "14445:fantasy-world-a-danger-for-superannuation-members" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(18) "298:superannuation" ["event"]=> object(stdClass)#2697 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(417) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(236) "

The federal government remains committed to raising the superannuation guarantee to 12 per cent by 2025, despite an Australian National University study asserting a raise was unnecessary.

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2708 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2685 (3) { ["data":protected]=> object(stdClass)#2645 (1) { ["options"]=> object(stdClass)#2689 (2) { ["options0"]=> object(stdClass)#2690 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2686 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2687 (3) { ["data":protected]=> object(stdClass)#2653 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(76) "/retirement/superannuation/fantasy-world-a-danger-for-superannuation-members" ["image"]=> string(43) "images/article-826x550/fantasy-world-ne.jpg" ["image_alt"]=> string(13) "Fantasy world" } [5]=> object(stdClass)#2559 (58) { ["id"]=> string(5) "14443" ["title"]=> string(42) "Superannuation fund of the decade revealed" ["alias"]=> string(42) "superannuation-fund-of-the-decade-revealed" ["introtext"]=> string(220) "

The superannuation industry as a whole delivered strong performances for members, with its seventh best year in history leaving members on average 14.7 per cent better off.

" ["fulltext"]=> string(2253) "

UniSuper Balanced took out the top spot for 2019, delivering members 18.4 per cent on its growth fund.

Tasplan Balanced, CFS FirstChoice Growth, Australian Ethical Super Balance and AustralianSuper rounded out the remaining top five spots with growth 17.0 per cent or higher.

Even the worst performer in Chant West’s growth category achieved returns of 10.5 per cent, which was nearly 9 per cent above the rate of inflation.

Commenting on the outcome, Chant West senior investment manager Mano Mohankumar said, “Very few would have predicted such a strong result 12 months ago when growth funds had just lost 4.6 per cent over the December 2018 quarter and investor sentiment was decidedly negative.”

While 2019 was a strong year for superannuation funds, Mr Mohankumar reminded investors the importance of thinking long term.

“Certainly, look at what your fund delivered over the year, but it’s even more important to know what its long-term objectives are and whether it’s achieving them,” Mr Mohankumar stated. 

Hostplus Balanced was named the top-performing growth fund of the decade, growing members funds by an average of 9.2 per cent a year.

AustralianSuper Balanced, UniSuper Balanced, Cbus Growth and CareSuper Balanced rounded out the remaining top five spots with results exceeding 8.7 per cent per annum. 

“Returns are important but so is risk, and most funds also set themselves a risk objective. Risk is normally expressed as the likelihood of a negative annual return, and typically a growth fund would aim to post no more than one negative return in five years on average,” Mr Mohankumar concluded.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(3) "298" ["created"]=> string(19) "2020-01-17 01:27:24" ["created_by"]=> string(4) "2384" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2020-01-17 00:38:57" ["modified_by"]=> string(4) "2357" ["modified_by_name"]=> string(12) "Erika Sauler" ["publish_up"]=> string(19) "2020-01-17 01:25:18" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(247) "{"image_intro":"images\/article-826x550\/piggybank-ne.jpg","float_intro":"","image_intro_alt":"Superannuation fund of the decade","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(771) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","video_url":"","channel_id":"UCLBR-2LtTtui_WiRuEfW3qA","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","readingDiff":"1","canonical_link":""}" ["metadata"]=> string(68) "{"robots":"","author":"","rights":"","xreference":"","metatitle":""}" ["metakey"]=> string(55) "Superannuation, best performing funds, long term growth" ["metadesc"]=> string(172) "The superannuation industry as a whole delivered strong performances for members, with its seventh best year in history leaving members on average 14.7 per cent better off." ["access"]=> string(1) "1" ["hits"]=> string(4) "1023" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "2253" ["ordering"]=> string(1) "9" ["category_title"]=> string(14) "Superannuation" ["category_route"]=> string(25) "retirement/superannuation" ["category_access"]=> string(1) "1" ["category_alias"]=> string(14) "superannuation" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(16) "Cameron Micallef" ["author_email"]=> string(37) "[email protected]" ["parent_title"]=> string(10) "Retirement" ["parent_id"]=> string(3) "296" ["parent_route"]=> string(10) "retirement" ["parent_alias"]=> string(10) "retirement" ["rating"]=> string(1) "5" ["rating_count"]=> string(1) "1" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#2584 (3) { ["data":protected]=> object(stdClass)#2587 (96) { ["article_layout"]=> string(14) "momentum:newne" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "0" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "1" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "1" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "0" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(5) "right" ["category_layout"]=> string(14) "momentum:newne" ["show_category_heading_title_text"]=> string(1) "1" ["show_category_title"]=> string(1) "1" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(2) "-1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "1" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "1" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(2) "14" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(2) "-1" ["show_pagination_limit"]=> string(1) "0" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(9) "published" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "0" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(4) "none" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(1) ["sef_ids"]=> int(1) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> NULL ["layout_type"]=> string(4) "blog" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(70) "Retirement - Strategies and Guides for your Retirement Goals | nestegg" ["menu-meta_description"]=> string(191) "We all want to enjoy our retirement, so Nest Egg has compiled a dedicated section to superannuation options, retirement planning, and what you can do to get the most out of your golden years." ["secure"]=> int(0) ["page_description"]=> string(7) "nestegg" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2020-01-17 01:25:18" ["slug"]=> string(48) "14443:superannuation-fund-of-the-decade-revealed" ["parent_slug"]=> string(14) "296:retirement" ["catslug"]=> string(18) "298:superannuation" ["event"]=> object(stdClass)#2699 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(708) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(220) "

The superannuation industry as a whole delivered strong performances for members, with its seventh best year in history leaving members on average 14.7 per cent better off.

" ["jcfields"]=> array(1) { [1]=> object(stdClass)#2710 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-08-29 05:26:30" ["created_user_id"]=> string(4) "2355" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#2685 (3) { ["data":protected]=> object(stdClass)#2645 (1) { ["options"]=> object(stdClass)#2689 (2) { ["options0"]=> object(stdClass)#2690 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#2686 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#2687 (3) { ["data":protected]=> object(stdClass)#2653 (6) { ["hint"]=> string(0) "" ["render_class"]=> string(7) "autotag" ["class"]=> string(9) "btn-group" ["showlabel"]=> string(1) "0" ["show_on"]=> string(1) "2" ["display"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(51) "Automatic tagging of article base on title keywords" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(17) "Celeste Fernandez" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(69) "/retirement/superannuation/superannuation-fund-of-the-decade-revealed" ["image"]=> string(39) "images/article-826x550/piggybank-ne.jpg" ["image_alt"]=> string(33) "Superannuation fund of the decade" } }