‘Consolidate’ means to make something stronger, more solid or effective. So it makes perfect sense to consolidate your super. If you only have one account in super that’s great, but are you sure? According to the Australian Prudential Regulation Authority (APRA) there are on average...
If I offered you a year's pay for an hour or so of work, you would probably jump at the opportunity.
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With an increasing number of SMSF clients looking to switch loans following the exodus of the major banks from SMSF lending, a law firm has highlighted some of the considerations and important steps with documentation in this process.
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When starting retirement phase pension accounts, SMSF professionals and their clients should think carefully about how it might impact the amount of death benefit pension that their children will be able to receive, says a technical expert.
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Superannuation is generally intended to help fund your retirement, but there are instances where you may also be able to withdraw your super savings early, depending on your situation. Here is a high-level summary as to when super may be accessible to you. When you retire (and...
Is it best to place all your assets in superannuation or to diversify using other investments ? We currently have a number of rental properties and have been advised to sell one each year after we retire in three years time. Our adviser has said...
Account-based pensions, sometimes called allocated pensions or retirement income streams, can be a great way to use your superannuation savings to create a retirement income. If you’re a novice when it comes to these products, you might want to get a quick run-down on the basics. Once you’ve...
With property markets taking a tumble in recent times, some SMSF clients may need to review the loan arrangements and guarantees they have, particularly where the loan-to-value ratio has significantly dropped, says an industry lawyer.
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The latest SMSF Benchmark Report from Class indicates that there is a continuing trend towards younger age groups setting up SMSFs, which follows similar findings from recent ATO statistics. In its latest SMSF Benchmark Report for the March quarter, SMSF software company Class analysed 26,100 funds...
You no doubt already know that not all superannuation funds are created equal, but you might still be surprised to find out just how badly the wrong fund can impact your retirement income prospects. In fact, over a working life, the difference between being in a...
He is also an accomplished presenter and educator
Co-authoring the popular investment book, Property vs Shares.