Recent changes to the assets test have increased the rate at which the aged pension is reduced when assets exceed a certain level. This has led to what some people describe as a superannuation sweetspot. Hitting this sweet spot can make a big difference to your retirement, so read on and contact us if you would like to discuss how you can hit your own sweetspot.
As the financial year draws to an end, our thoughts turn to the next one. Superannuation will look quite different in 2017/2018, and so we want to start the new financial year with a summary of the various rules that apply to your super. Please feel free to download our ‘Super summary’ and send it to anyone you think would benefit from it.
Compared to previous years, the 2017 Budget was a bit of an anti-climax. In previous years, there have been a number of big-ticket changes – such as the big changes to superannuation that we have been discussing in recent articles. But this year there have simply been a whole lot of small changes, some of which will be of benefit and others will represent a small loss.
The 2016 Federal budget introduced a number of changes to superannuation. Many of these changes take effect on 1 July 2017. This week’s article follows on from our article of a fortnight ago. We continue to explore the coming changes and how you can ensure you are prepared for them. We hope you enjoy it!
Successful investors know successful investing occurs over decades and across generations. Doctors’ financial plans have always emphasised the next generation. The height, stability and longevity of a doctor’s income creates the opportunity to set up the next generation. Most doctors, once they are through the peak cost years connected to raising a family, enjoy a […]
The 2016 Federal budget introduced a number of changes to superannuation. Many of these changes take effect on 1 July 2017.
This is just a few weeks away, so this is a good time to review the changes and decide if you need to make any adjustments to your super to minimise any negative effects of the changes.
Most people do not own their super benefits. The benefits are owned by the trustee/s of the fund. You can organize things to make sure that these trustees do what you want with your super when you die. You can also organize things so that the people who end up with your benefits pay as little tax as possible. Read on to find out how.