News & Information
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What is a Transition to Retirement Pension?
Published: 08 August 2018You may have heard of the term Transition to Retirement and may have found yourself asking what is a Transition to Retirement Pension? Simply put, a Transition to Retirement (TTR) pension allows you to access your super without having retired, granted once you meet preservation age. A TTR will allow you to maintain your lifestyle while reducing your working hours or even your salary sacrifice arrangement, saving you tax.
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A 5 Step Guide to Help You Achieve Expert Financial Advice
Published: 06 August 2018If you’ve recently considered getting financial advice from a professional, you may have found yourself a tad overwhelmed with the plethora of information available on the web and the multitude of sources of Financial advice available, from receiving financial advice from your personal banker to a professional of an independently owned financial practice, the list is endless. To help in your pursuit of obtaining expert financial advice, we’ve compiled a 5-step guide to help point you in the right direction.
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2018 Budget Proposals: Increase to Number of SMSF Members
Published: 19 July 2018The 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.
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What to Know About the Pension Loan Scheme
Published: 17 July 2018The Pension Loan Scheme is just what the name denotes; a loan arrangement offered by the Australia government available to those who meets the age pension age test. The Pension Loan Scheme provides Australian pensioners short-term support in the form of a loan that is repaid in regular fortnightly payments.
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Claiming a Tax Deduction on Personal Superannuation Contributions
Published: 13 July 2018During 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.
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Finding Lost Super
Published: 12 July 2018Chances 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.
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Insurance – Inside or Outside Super?
Published: 09 July 2018When 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.
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The 2018-19 Budgets 3 Step Plan: “Lower, fairer and simpler taxes”
Published: 06 July 2018If you’ve been keeping up with the news lately you may have noticed the chatter around the new 2018-19 budget. The Australian government is currently in the midst of building a personal tax system that is aimed at helping residents of this country get ahead in life all the while being fiscally responsible.
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Property Investments and Your SMSF
Published: 03 July 2018As a trustee of an SMSF you are given the opportunity to invest in property, which is one of the biggest advantages an SMSF has over a traditional superannuation fund. Directly held investments make up approximately 19% of all SMSF assets indicating that trustee’s consider property investment an important part of their portfolio.
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Government Co-Contributions
Published: 14 June 2018The super co-contribution scheme was introduced by the Australian government as a way to help eligible individuals boost their retirement savings.
