If you are nearing retirement, and your Financial Pan requires a maximum contribution to superannuation, you may be able to take advantage of the recent changes to the superannuation "Downsizer Contribution" rules.
Superannuation contributions have limits that cannot be exceeded without incurring penalties and therefore if you are try... |
| Read More |
The recent Federal Budget handed down on May 3, 2016 contained major changes to superannuation.
Superannuation can be confusing at the best of times and usually we don't try or feel the need to understand it until we are getting closer to retirement. For some, retirement and superannuation access is a long way into the future, however #e... |
| Read More |
It can be difficult to keep track of all the super funds you may have collected over the years, so eventually you get around to consolidating them into one fund for easier management of your super savings.
However this strategy may have significant financial risk, if a comprehensive approach to your financial circumstances and objectives ... |
| Read More |
Recent developments in the Self Managed Super Fund (SMSF) regulations effectively allow a SMSF to borrow for the purchase of a residential or commercial investment property.
For small business owners, it is now possible to use your super as a deposit on your own commercial premises and borrow the rest. If you retire at age 60, any income ... |
| Read More |
