The pros and cons of SMSFs

Published: August 22, 2014

As at March 2014, there were 528,701 SMSFs in Australia, with a total of $558,553 million worth of assets.[1]There are many compelling reasons why SMSFs are so popular — and equally persuasive reasons as to why they don’t suit everyone. The pros If you’re a keen, experienced investor, with at least $200,000 to invest — […]

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Make the most of your super caps

Published: August 22, 2014

Even with the proposed law change to raise the retirement age, more than half of Australians think they won’t have enough super by the time they retire.[1] Adding extra to your super nest egg will not only benefit your future, but may offer you some attractive tax benefits now. But it’s important to understand the […]

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Deeming of ABPs: impact and opportunities?

Published: August 19, 2014

Q: How do Centrelink and the Department of Veterans’ Affairs (DVA) currently assess account based pensions for the purpose of the income test? An annual ‘income-free’ amount, also known as a ‘deduction amount’ applies to assets-tested account-based income streams. The ‘deduction amount’ is determined by a number of factors, such as your original pension account […]

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