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Super hopes turn sour for retiring boomers

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DO NOT count on superannuation to provide the life of Riley when you retire. Despite the sharemarket recovery last year, the average balanced super fund has returned only 5.51 per cent a year in the past decade, or about 2.2 per cent above inflation. This is below their target of 3 to 3.5
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Consumers back financial advice reform

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PLANS under consideration by the federal government to ban commissions for financial planners and require them to act in clients' best interests have been given a thumbs-up in a new survey of consumers. The survey, to be released today, finds people will be more willing to use financial
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