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The Good Oil

August 2010
Issue 5
Inside this issue of the Good Oil, you'll find an investment market update for the year, an overview of upcoming super changes and the potential impact of the Government's recently endorsed Cooper review. If you like what you see, or have feedback for future issues, send us an email.

2009-10 Market update
Investment returns overall experienced a significant and welcome recovery in 2009-10, due to strong growth in growth assets and defensive assets, in spite of widespread volatility in share markets during the final quarter of the financial year.

Final TWUSUPER investment returns will be available on our website 20 August.

Read commentary about the
2009-10 market recovery

  market update  
 
 

Lost super? Game over!
When you are changing jobs super can be the last thing on your mind, but with around $13 billion in lost super in Australia it really doesn't pay to let your super go astray.

Even if your super isn't 'lost', do you have a lazy super account you are paying unnecessary extra fees on?

Find out more about how you can
rollover and save today

  lost super  
 
 

Cooper review recommendations approved by Government
On the 1st of August 2010, the Government gave its tick of approval to MySuper, the latest recommendation to be adopted, in a series of super reforms designed to improve Australians' retirement incomes.

The introduction of MySuper accounts, recommended under the recent Cooper Review, is being widely reported as the possible end of expensive retail funds in Australian workplaces...

Find out more about
MySuper features and potential upcoming changes

  cooper review  
 
 

2010 Budget super changes, new tax rates
In the 2010 Federal Budget, the Government proposed few new changes to super as most were announced previously in response to the Henry Review. While most changes are yet to be legislated, we have detailed potential changes to keep you up to date.

Find out more about
2010 Budget super changes
Look up Income tax rates 2010-11

  budget changes  
 
 
super tips
At TWUSUPER, we know super can be time consuming and tough to understand.

Our new Simple tips to boost your super tool will help you get the most out of your super no matter what your age. Simply select your age category to receive 3 top tips for your investment


Look for your 2009-10 super statement at the end of September,
earlier if you are registered for eStatements.

Important Information: The information in this newsletter is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider: your objectives, financial situation and needs; and TWUSUPER's current Product Disclosure Statement. Issued by TWU Nominees Pty Ltd, ABN 67 002 835 412, AFSL No 239163, as the trustee of TWUSUPER (ABN 77 343 563 307).