Archive for the ‘Superannuation’ Category

Downsize your home, upsize your super

By admin • December 4th, 2018

Over 65? Thinking of selling your home? From 1 July 2018 you may be able to contribute up to $300,000 ($600,000 for a couple) from the proceeds of the sale of your home to your superannuation fund. This incentive, known as the ‘downsizer contribution’, is part of a federal government program to improve housing affordability. […]

Early access to super

By admin • December 4th, 2018

We all know that our superannuation is there to provide for our financial needs in retirement. That means we can’t usually access our super until we reach preservation age and meet a condition of release. Preservation age is between 55 and 60, depending on date of birth. It is the age at which you can […]

The role of estate planning in super

By admin • August 31st, 2018

If you are thinking that a so called ‘Self-Managed’ superannuation fund (SMSF) might be suitable for you, one of the critical areas to address in the set-up phase is how your super account balance will be handled when you’re no longer here. We have outlined below some points that must be part of your estate […]

5 Step superannuation check

By admin • August 31st, 2018

Since you can’t access your superannuation until you reach a “Condition of release” which is for most people is retirement and that may be a long way off for some – it’s something many people tend to “set and forget”. However, to ensure you have a comfortable retirement, investing in superannuation is virtually essential. We […]

The future for retirement

By admin • February 23rd, 2017

Research over recent years suggests that the secret to a long and healthy life is to continue working and to stay in control of your finances and life. The nature of work may change – fewer hours, less stress, new career – and with good planning it is possible to have all the good things […]

Accessing super & qualifying age for the age pension

By admin • January 31st, 2017

There is no strict retirement age in Australia. For many people, the age at which they consider retiring from the workforce is generally decided by a couple of factors: The age that they can access super Their qualifying age for the Age Pension There are also a few other factors to consider. Superannuation In most […]

5 Strategies to prepare for the pension assets test changes

By admin • January 31st, 2017

There are a number of strategies that retirees can implement to help them retain or improve their cash flow when changes to the pension assets test take effect. Over 300,000 Australian retirees are expected to lose their Age Pension from 1 January 2017, with the federal government dramatically lowering the value of assets pensioners can […]

Seven habits of highly effective investors

By admin • December 8th, 2016

If you’re feeling a little bombarded by news about the US and Australian elections, Brexit fallout, RBA interest rate cuts, anaemic global growth—you’re not alone. In a low-return, high-volatility world, many people are asking, ‘How can I protect my investments in this environment?’ By: Russell Investments Unless you’re a day-trader or speculator, watching the market […]

Super or the mortgage?

By admin • November 29th, 2016

Many people wait until their home loan is paid off before investing more in super. However, if you are currently making more than the minimum home loan repayments, you may be better off when you retire if you make additional super contributions instead. Why super? There are two key reasons why topping up your super […]

Insurance in super – is your cover adequate?

By admin • November 29th, 2016

You have insurance cover in your superannuation right? You probably think you’re adequately covered, yet if something were to happen to you, you might be in for an unpleasant surprise – and by then it might be too late. An example from an adviser’s perspective: I met a new client recently who was in quite […]

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