Superannuation

Self-managed super funds (SMSFs): Sector insights

 When it comes to the sustainability of Australia’s retirement income system (in the context of an ageing society), a three-pillar approach has been pursued by the Government for the last few decades. This three-pillar approach comprises of the following: 1. The means-tested and publicly funded Age Pension; 2. Compulsory private savings through the Super Guarantee arrangements; and 3. Voluntary…
Read More

Your total super balance and wealth accumulation

When it comes to accumulating wealth inside of super, it’s important to keep track of your total super balance (TSB). This is pertinent from not only a financial situation, goals and objectives perspective, but also the fact that your TSB can impact your capacity to use several wealth accumulation strategies. Your total super balance (TSB) and wealth…
Read More

8 Myths of Superannuation

1. It is an investment not a tax structure A super fund is a trust which is subject to special rules on the taxation and preservation of your accumulated benefits; and can invest into a range of investments and asset classes. Regardless of age, your super is an investment where you can actively choose your…
Read More

Basic Self Managed Superannuation Strategies

Self-managed super funds provide you with differences compared to regular superannuation funds because you can: Buy residential property in SMSF Buy real business property from which to operate your business from Buy shares directly and use gearing to create excess franking credits Use as estate planning vehicle with no external trustees Buy residential property in…
Read More

The Challenge of Our Times – Life Expectancy

One of the great achievements of the twentieth century was a dramatic rise in life expectancy. Even in the past 50 years, life expectancy has risen in most western economies. However, increased life expectancy and declining birth rates have caused many to worry about the impact of an ageing population. Frequently, we hear about ‘a…
Read More

Default Insurance Through Superannuation

At various times the subject of default insurance through superannuation is highlighted by the media – but do you really know what insurance you have inside your super account? If you have a super account set up through or by your employer or with an industry fund, you will most likely have some level of…
Read More

Super engagement: Your annual super statement

Superannuation is a powerful investment vehicle that will help you accumulate wealth during your working life to support your lifestyle in retirement. Furthermore, it will be one of the biggest financial assets that you will ever own in your lifetime…in most instances, second only to your family home. Although it rarely sits idle (i.e. via Superannuation Guarantee contributions…
Read More

Ageing and health status in retirement: The three chapters

Australians, and people around the globe, are living longer than ever before due to an increased awareness and understanding of the factors that influence our life span, such as genetics, health care, workplace health and wellness, hygiene, diet and nutrition, exercise, and lifestyle. According to the latest statistics available from the Australian Bureau of Statistics*, a 65…
Read More

Compounding super: Retirement planning at age…

In our module, Where Your Wealth Comes From, we discuss the concept of financial success and the fact that it will hold a different meaning for each and every one of us. For example: For some, financial success might mean having $1 million in investment assets and retired at age 65. Whereas, for others, it’s owning…
Read More