Monthly Archives: October 2012

Sally Patten Reported in The Australian Financial Review

“The sweep-up of ‘lost’ accounts could mean lower returns for some, but there are good tidings for the beneficiaries of deceased estates. Savers should use the next few months to search for superannuation accounts they may have lost touch with … Continue reading

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Investment Strategy Annual Review Now Compulsory

Trustees of self-managed superannuation funds must review their investment strategies regularly, following a recent change to super regulations. Trustees have always been required to write an investment plan but now they must take a fresh look at it each year … Continue reading

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Case Study – 50 year old woman, on her own, thought she couldn’t do anything

She was in her 50’s and thought she could do nothing in the time left to retirement. With only $180,000 in super and $40,000 in savings, life’s setbacks had discouraged her. Within half an hour she saw there were strategies … Continue reading

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A Call for the Federal Government to Stop Tinkering with the Super System

Cara Waters of SmartCompany reports that “Self-managed superannuation funds (SMSFs) have called on the Federal Government to stop tinkering with the superannuation system.” And regarding this, Graeme Colley, Director of Education and Professional Standards, at Self-Managed Superannuation Professionals Association (SPAA) … Continue reading

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MASTERCLASS – Current Ratio – A Sign of Business Health

The Current Ratio is a “liquidity ratio” that measures a company’s ability to pay its short-term obligations, that is, in the next 12 months. In other words it is a company’s ability to pay out short-term liabilities (debts and payables) with its short-term assets (cash, … Continue reading

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Baby Boomer spending could strain the future of Government Pensions as they take on Growing Debts

“Australia is headed for a retirement savings disaster, with increasing numbers of baby boomers resorting to the aged pension after spending their entire superannuation to pay off debt, a CPA Australia study has shown. In light of the new study … Continue reading

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Masterclass SMSF – Transition to Retirement – The Steps and some Benefits

Transition to Retirement – The Steps and some Benefits We explained about Transition to Retirement (TTR or TRIS – Transition to Retirement Income Stream) in our earlier post HERE, and today we look at some of steps to set up … Continue reading

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Putting Away for Super has Reduced – Study Shows Impact of Government Changes

New data released by AMP has confirmed the adverse impact of the Federal Government having lowered superannuation concessional contribution caps. The latest AMP Retirement Adequacy Index, released this week, has pointed to a significant fall-out in salary sacrifice contributions, particularly … Continue reading

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