When and how to start a Transition to Retirement Pension from your super
Since 2005 the government has allowed people to access their super if they are still working after the age of 55. They call this a Transition to Retirement Pension (TTRP). The concept of allowing...
View ArticleHow to achieve a comfortable retirement
It’s not hard to achieve a comfortable retirement, if time is on your side. We’re defining ‘comfortable’ here purely from a financial aspect. Of course, it’s possible to be financially ‘comfortable’ in...
View ArticleHow to reduce tax on TPD insurance benefits from superannuation
Most retail and industry funds give some level of insurance cover. Many of these funds give an automatic or default level of cover which is given to members without the need to complete detailed...
View ArticleNominating beneficiaries for your superannuation
If you die before you have spent all of your superannuation you may want to consider who is going to receive it. Let’s look at the issues of nominating beneficiaries for your superannuation in more...
View ArticleTips to increase your Centrelink Age Pension
Many baby boomers approaching retirement have not had the luxury of compulsory employer super contributions before its introduction back in the early 90’s. For most retiring baby boomers this means...
View ArticleNominating reversionary beneficiaries for your superannuation pension
In our last article we discussed how and who you can nominate as beneficiaries for your superannuation. In this article we will look at nominating beneficiaries within your superannuation fund after...
View ArticleWhat you need to know about super if you are over 60 and still working
If you have turned 60 you are probably wishing you could turn the clock back a few years but when it comes to super, its time to celebrate. The government has provided some of the most favourable tax...
View ArticleIt’s time to remove penalty tax on excess super contributions
It’s time the government reviewed the legislation of applying the highest marginal tax rate on excess contributions. The current system is unfair and harsh and penalises people for making honest or...
View ArticleExcess super contributions tax
Excess superannuation contributions tax is an additional tax applied to super contributions which exceed the contribution cap limits. There are two types of contributions which can be made to super and...
View ArticleAnother Day in the Life of a Nation
If you’re anywhere in Australia on Tuesday 6th November then you will know what is happening. It’s the day a Nation stops to listen to a horse race; The Melbourne Cup.
View ArticleHow to access your super when departing Australia
If you are a temporary or former temporary resident and departed Australia it is possible you can access your super under the condition of release known as Departing Australia Superannuation Payment...
View ArticleRetirees: It’s time to top up your cash bucket
If you are retired or within 3 years of retirement then you should be using a 2 bucket investment strategy for retirement.
View ArticleTPD Payments from Superannuation
To determine whether you can access your super through permanent incapacity it is important to understand that any insurance you may have could have a different definition of permanent incapacity to...
View ArticleAvoiding the pitfalls of losses in your superannuation
Towards the end of 2007 most superannuation funds in Australia were at their peak having enjoyed nearly 4 years of double digit investment returns. The rumblings of the Global Financial Crisis (GFC)...
View ArticleInvesting in Times of Uncertainty and Volatility – Part 1
People are worried, concerned and yes, even scared. How do you invest in these volatile and uncertain times? The memories of the Global Financial Crisis (GFC) of 2008-2009 are still fresh. They...
View ArticleInvesting In Times of Uncertainty and Volatility – Part 2
People who have existing investments in superannuation or non-super investments may have the facility to switch investment options. Typically they are in a balanced or growth fund which have a high...
View ArticleInvesting In Times of Uncertainty and Volatility – Part 3
INVESTING WHEN THE MARKET IS BAD Am I wasting my money investing when the market is so bad? This is a common concern you hear from people that have been salary sacrificing (investing) into...
View ArticleWhat to Know about Financial Planners
A qualified financial planner will be the main person who will be able to provide you with the financial planning advice that you need. The planner will however bring in other professionals such as...
View ArticlePhilanthropy Around the World
In this day and age, the difference between the poor and the very rich has become so vast that it has become very hard to contemplate the real difference between the two. While it can be said that...
View ArticleTurning 60 and the benefits of Superannuation
If you have turned 60 there are potential benefits of being able to access your superannuation and save tax./p> The government has provided some of the most favourable tax concessions for people who...
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