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In our high consuming society, almost everyone spends more than they should on some things – from everyday items to life’s luxuries.
It’s often said that Australia is a nation of investors - everyone who has super, is effectively an investor via their super fund.
Life is full of great milestones… your first job, getting married, having kids, starting a business or being promoted at work, hitting a landmark age.
We all know how easy it is to spend what we earn, even after we get a pay rise. But did you know that the reverse is quite possible as well?
This has been a volatile year, with falls across most sectors of the investment markets. Over time, short-term market volatility smooths out.
A fearsome myth in the press has existed, which suggested that retirees would need at least $1 million in super to retire in comfort.
From 1 July 2022, there is no longer a work test for voluntary super contributions and salary sacrifice if you are aged 67 and over.
Retirement is something that most look forward to. Often, there’s a misconception that when the big day arrives, you have to withdraw all your super.
With recent market volatility, it is important to know that we monitor investments to manage short-term fluctuations and generate long-term growth.
Nominating a beneficiary lets us know who you want to receive the death benefit in your super or pension account when you die.
Prime Super has a dedicated and responsive team of relationship managers who can help you understand all things super.
The 2021 National Farmers Federation national conference panel members covered a broad range of economic issues.
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