Retirement
nestegg’s top 10 most-read stories for 2019
From the handing down of the final report in the banking royal commission to a hotly contested federal election and heavy scrutiny of the Australian retirement income system, it’s been a huge year for finance in Australia.
nestegg’s top 10 most-read stories for 2019
From the handing down of the final report in the banking royal commission to a hotly contested federal election and heavy scrutiny of the Australian retirement income system, it’s been a huge year for finance in Australia.
So, what stories and revelations made nestegg readers really tick?
We’ve pulled together our biggest stories for the year, as decided by you:
10. Australians not prepared for ‘largest’ transfer in history
December
Australians are set to receive the largest pool of money in history, yet they are unprepared for how to use it.
Perpetual Private’s Andrew Baker, general manager of private clients, believes the majority of parents wish their children would use their inheritance wisely and build for the future, but research shows the opposite is happening.
9. Over 2 million Aussies tipped to be captured by franking credits changes
April
For the first five months of the year, nestegg could barely go a day without someone, somewhere mentioning franking credits.
The Financial Services Council threw its hat in the ring and offered up its two cents on the contentious proposal by the Labor Party to end cash refunds on excess dividend imputation credits if it was elected into power.
8. Which lenders lowered their interest rates?
June
After the Reserve Bank of Australia made its first change to the official cash rate in almost three years, it’s no surprise that readers were eager to find out if their bank was going to pass on the savings!
7. Australia’s 10 highest-paid CEOs
November
A woman being crowned the title of highest-paid CEO in Australia for the first time peaked the interest of many nestegg readers.
It was reported that “overall CEO pay has remained relatively modest compared with the $30 million-plus pay figures for the likes of Macquarie’s Allan Moss, Rupert Murdoch and Wal King” that emerged prior to the global financial crisis.
6. What’s wrong with the Australian economy
December
The Australian economy has seen its ups and downs, with consumers keen to know what will happen next.
In December, a fund manager asked why after a period of sustained growth, the Australian cash rate is the same as the Bank of England’s rate.
5. What Scott Morrison’s win means for Australian investors
May
Was it really only just over six months ago that Australia had a federal election?
Rounding out the top five for nestegg’s most-read stories in 2019 is this analysis of what a ScoMo win meant for Australia’s investors.
Half a year down the track, which of his promises have been kept?
4. Popular loan structure for couples prompts warnings from lawyers
January
Family and relationship breakdowns are unfortunately all too common an occurrence, which is what made this lawyer’s warning such a widely and consistently read story by nestegg readers over the entirety of 2019.
3. Australia’s most complained about super funds
November
It’s been a huge year for financial services regulation since the handing down of commissioner Kenneth Hayne’s final report in the banking royal commission.
With the creation of a new complaints authority, and the prevalence of data from this authority, nestegg was able to reveal the five fund options that have been giving their members the most grief.
2. 5 tax deductions you shouldn’t attempt to claim
July
In the lead-up to tax time for the 2018-19 financial year, the Australian Taxation Office released a list of the most outrageous claims it had received for the previous year as a warning to taxpayers.
1. Is your super fund in hot water?
May
nestegg’s most-read story for 2019 reported on the penalty given to one of Australia’s largest superannuation funds – HostPlus – for alleged misleading claims about the “independent” nature of the advice it provided members.
RELATED ARTICLES
Superannuation
Aware Super elevates tech leadership with strategic appointment of Richard Exton
Aware Super, one of Australia's largest industry super funds, has announced a pivotal appointment to its executive team, underscoring the growing importance of technology, data, and artificial ...Read more
Superannuation
Rest appoints Marina Pasika as interim head of private markets
Rest, one of Australia's largest profit-to-member superannuation funds, has announced the appointment of Marina Pasika as the Interim Head of Private Markets. This decision comes as the fund embarks ...Read more
Superannuation
Payday Super bill introduces new challenges for SMBs, reveals Employment Hero CEO
The introduction of the Payday Super bill to the Australian Parliament has sparked a significant response from the business community, particularly among small and medium-sized businesses (SMBs)Read more
Superannuation
Rest urges Parliament to expedite payday super legislation
In a significant move towards enhancing retirement outcomes for Australian workers, Rest, one of the country's largest profit-to-member superannuation funds, has expressed strong support for the ...Read more
Superannuation
Recalibrated super performance test aims to enhance accountability and investment opportunities
In a move that signals a shift rather than a cessation, Australia's government has announced a targeted review of the superannuation performance test. This recalibration, prompted by the latest ...Read more
Superannuation
Super performance test faces a fork balancing member value productive investment and regulatory trust
APRA’s latest superannuation performance test results have reignited a high‑stakes debate: does the test optimise member value or unintentionally curb long‑term investment in housing, infrastructure ...Read more
Superannuation
Aware Super unveils innovative digital tool to boost retirees' financial confidence
Aware Super has unveiled a groundbreaking digital advice tool, Retirement Manager, designed to empower retirees by addressing their most pressing financial concerns. Developed in collaboration with ...Read more
Superannuation
APRA's super shake-up: Balancing accountability and innovation in the next round
Australia’s performance test has forced long-overdue transparency in super and accelerated consolidation. But as the regime broadens, its blunt edges are colliding with investment complexity, ESG ...Read more
Superannuation
Aware Super elevates tech leadership with strategic appointment of Richard Exton
Aware Super, one of Australia's largest industry super funds, has announced a pivotal appointment to its executive team, underscoring the growing importance of technology, data, and artificial ...Read more
Superannuation
Rest appoints Marina Pasika as interim head of private markets
Rest, one of Australia's largest profit-to-member superannuation funds, has announced the appointment of Marina Pasika as the Interim Head of Private Markets. This decision comes as the fund embarks ...Read more
Superannuation
Payday Super bill introduces new challenges for SMBs, reveals Employment Hero CEO
The introduction of the Payday Super bill to the Australian Parliament has sparked a significant response from the business community, particularly among small and medium-sized businesses (SMBs)Read more
Superannuation
Rest urges Parliament to expedite payday super legislation
In a significant move towards enhancing retirement outcomes for Australian workers, Rest, one of the country's largest profit-to-member superannuation funds, has expressed strong support for the ...Read more
Superannuation
Recalibrated super performance test aims to enhance accountability and investment opportunities
In a move that signals a shift rather than a cessation, Australia's government has announced a targeted review of the superannuation performance test. This recalibration, prompted by the latest ...Read more
Superannuation
Super performance test faces a fork balancing member value productive investment and regulatory trust
APRA’s latest superannuation performance test results have reignited a high‑stakes debate: does the test optimise member value or unintentionally curb long‑term investment in housing, infrastructure ...Read more
Superannuation
Aware Super unveils innovative digital tool to boost retirees' financial confidence
Aware Super has unveiled a groundbreaking digital advice tool, Retirement Manager, designed to empower retirees by addressing their most pressing financial concerns. Developed in collaboration with ...Read more
Superannuation
APRA's super shake-up: Balancing accountability and innovation in the next round
Australia’s performance test has forced long-overdue transparency in super and accelerated consolidation. But as the regime broadens, its blunt edges are colliding with investment complexity, ESG ...Read more
