News & Information
Published: 16 October 2018
Super is a long-term investment and super funds invest our money with the intention of growing our funds for the future. Many super funds offer a range of investment options you can choose from and what you choose will depend on how much risk you are willing to take.
Published: 04 September 2018
As a trustee or director of a Self-Managed Super Fund (SMSF) there are a number of administering and reporting duties that need to be completed.
Published: 31 August 2018
Income protection insurance is insurance cover designed to act as an income replacement for a specified period when you are unable to work due to illness or injury. Income protection insurance usually cover up to 75% of your salary and often, insurance providers may give you the option to add additional riders such as a super guarantee option or an increasing claims option. At the time of completing the application you will need to choose an appropriate benefit and waiting period.
Published: 27 August 2018
With the constant changes in legislation affecting superannuation, it can be difficult to keep up with the changes affecting you. We have prepared a summary of our 7 tips to maximise your Superannuation. The 2017-18 financial year saw a big cut in contribution caps for both after-tax contributions and before-tax contributions.
Published: 16 August 2018
As it currently sits, any individual between the ages of 65-74 with a superannuation balance under $300,000 must satisfy the work test for each year they wish to make a non-concessional (after-tax) contribution. The work test states that an individual must have been gainfully employed for at least 40 hours for a period of not more than 30 consecutive days in the financial year they wish to contribute.
Published: 14 August 2018in Our Financial Advice Offering, Self Managed Superannuation Funds (SMSF), Investment Advice - Anthony Stedman
With many Australians having more than one employer It’s not uncommon for people to have Super Guarantee from Multiple Employers paid to separate funds. We often find employers simply default their employees to a single fund leading to multiple Superannuation Guarantee accounts with various Superannuation providers. Those individuals fortunate enough to have a high paying job can sometimes run into difficulty where Super Guarantee Contributions are concerned.
Published: 19 July 2018
The 2018 Federal Budget announcement on 8 May 2018 introduced a few key changes where Self-Managed Super Funds (SMSFs) are concered, one of them being the increase in the number of SMSF members.
Published: 13 July 2018
During the 2016-17 budget reform announcement, the Federal Government announced changes to personal superannuation contributions. This new change means individuals would no longer have to earn less than 10% of their income from salary and wages (or not have been employed during the financial year) to be eligible to claim a tax deduction.
Published: 12 July 2018
Chances are if you’ve had more than one job in your lifetime it’s quite likely that you may have more than one super fund and the chances of you forgetting about that fund and letting it rollover to the Australian Taxation Office (ATO) is quite high.
Published: 09 July 2018
When looking at obtaining insurance there are always a number of questions that come up such as, what type of cover do I want? How much cover do I want? Do I want my cover to be held inside or outside of super? These are all important questions to ask when considering insurance cover.