Protect yourself through superannuation The attractiveness of superannuation as an investment and savings vehicle is well known. Although the federal government places limits on the amount of tax-effective contributions we can make, the ability to structure insurance arrangements through super remains. How does insurance through super work? The types of […]
What happens when you can’t manage your SMSF? More than 1.1 million Australians manage their superannuation via a self-managed superannuation fund (SMSF) structure. Many are motivated by the desire to have control over their own money, the potentially lower costs, or the option to make investments that aren’t available to […]
Why financial success isn’t just a numbers game! Money, finances, investments… it is easy to see why, logically, financial success could be considered a numbers game. However, real financial success requires much more than just numbers that work. It also requires passion, interest, determination, commitment, perseverance, optimism, resilience and more. […]
Don’t bank your retirement on your business Many business owners make the mistake of ignoring superannuation in preference for re-investing spare funds in their business, hoping they can then sell at a premium when it comes time to retire. At some magical time in the future, they dream they can […]
The role of estate planning in super If you are planning to join the hundreds of thousands of Australians who have Self-Managed Super Funds, one of the critical areas to address in the set-up phase is how your super will be handled when you’re no longer here. We have outlined […]
Frequently asked questions about super If the ins and outs of superannuation leave you confused, the answers to these frequently asked questions will help you understand the basics. How much do I need to retire? According to the Association of Superannuation Funds of Australia (ASFA), a couple requires savings of […]
Unlocking the mysteries of your super statement Superannuation statements. Boring, right? But if, like many people, you toss your annual super statement in a drawer or hit delete, you could be depriving yourself of many thousands of dollars just when you need it. So it’s worth the small effort to […]
You can borrow within your SMSF… but is it a good idea? Investing in property seems part of every Australian’s DNA. No matter where you buy, prices appear to be on a permanent skyward march with none of the unnerving fluctuations seen in other investments, such as the share market. […]
When an SMSF may be the wrong idea With the growing popularity of SMSFs, this article looks in the other direction and explores the reasons why establishing a SMSF may not be the best idea. Since the Australian Government introduced compulsory employer contributions to people’s superannuation funds in 1992, Australia’s […]
Frequently asked questions about super If the ins and outs of superannuation leave you confused, the answers to these frequently asked questions will help you understand the basics. How much do I need to retire? According to the Association of Superannuation Funds of Australia (ASFA), a couple requires savings of […]