Contributions made in excess of an individual’s concessional contributions (‘CC’) cap can give rise to extra tax payable and a liability to excess CC (‘ECC’) charge for the individual. This... read more →
Knowing exactly what needs to be considered before getting your asset allocation right inside (or outside!) a Self-Managed Super Fund (SMSF) is not just a smart move in terms of... read more →
There are now over five hundred thousand Self Managed Superannuation Funds (SMSFs) in Australia where the members of the fund are also the trustees. These trustees are responsible for running... read more →
Concerns are growing with the increased commoditisation of the SMSF industry and our usage of cheap generic SMSF documents available on the internet. It’s becoming easy and cost-effective to purchase... read more →
Did you know that one in three marriages ends in divorce ? It’s really no surprise then, that the number of blended families in Australia is rising . A blended... read more →
The Government has announced changes to the management of assets in relation to self-managed superannuation funds. The new rules relate to insurance and the importance of having the right policy... read more →
With the ageing of the Australian population, many of us will face the prospect of requiring assistance or living out our days in assisted accommodation. The current Australian Aged Care... read more →
How & Why Did SMSF's Come About? The original thinking behind self-managed superannuation funds in the 1980s with the Occupational Superannuation Standards Act (OSSA) was to allow small businesses and... read more →
During the lead up to the end of the financial year, many DIY super fund trustees are implementing new financial strategies. Because of this, there may be times when a... read more →
• The Federal Opposition has introduced a private member’s Bill — the Abolition of Age Limit on Payment of the Superannuation Guarantee Charge Bill 2011 — into the House of Representatives... read more →
The 60% or the 40%? Statistics show that approximately 60% of Australians do not have wills, and of the 40% who do, over 60% are either out of date or... read more →