After last year’s horror budget for SMSF trustees, the more than 1.1 million people who chose to manage their own retirement savings are walking a little taller this morning in the wake of Treasurer Scott Morrison’s 2017-18 Budget speech. The Treasurer made few changes to superannuation, and those he did make mostly made good policy…Details
The changes to superannuation announced in the 2016 Federal Budget have been passed by Parliament. Amongst the changes was legislation which provides CGT relief for members who are transferring assets out of retirement phase in 2016/17 to comply with the changes. In essence, the legislation allows you to reset the cost bases of assets in…Details
One of the super changes that will be introduced from 1 July 2017 is the introduction of a $1.6 million limit on the amount of superannuation savings that can be held in a pension account. You may have heard this referred to as ‘the $1.6 million transfer balance cap’. If your current pension balance is…Details
Well, we’re now faced with the most significant changes to super we’ve seen since 2006. We’ve summarised the key changes below. It’s vital you understand them, and if impacted, determine what action you need to take over the next 5 months prior to 1 July 2017.
Well, we’re now faced with the most significant changes to super we’ve seen since 2006. We’ve summarised the key changes below. It’s vital you understand them, and if impacted, determine what action you need to take over the next 6 months prior to 1 July 2017. There is a once in a lifetime…Details
Find out why so many Australians are taking control of their financial future.
We all recognise the need for a will when we begin to plan for our future and the future of our loved ones, however many of us do not realise that an enduring power of attorney is just as important.
Are you clear on what non‑concessional contributions you can contribute in a year? With the Government abandoning its policy to introduce a $500,000 lifetime cap for non-concessional contributions are you clear on what non-concessional contributions you can make to superannuation now? Non-concessional contributions are contributions that are made to super from after-tax income or…Details