Tag Archives: Advice

Centrelink – Moving to Aged Pension from Disability Support Pension? What are the pros and cons?

A very good lady asked whether moving to Aged Pension (AP) from Disability Support Pension (DSP) was the best thing to do and was there any pros or cons? I connected her (our Connect/Assist service) to the advisor for clarification. … Continue reading

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Life Insurance through Self-Managed Super

An advantage of Life Insurance (and Total & Permanent Disability – TPD Insurance) being paid by your super fund – commercial employer or Self-Managed Super Fund, is not only saving having to pay the premiums from your take-home pay, but … Continue reading

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SMSF Basics – Cons of Self-Managed Super

Having a Self-Managed Super Fund (SMSF) does not mean all is smooth and easy. Before you set one up, consider there are Cons of SMSF: Responsibility is on you as trustee – Penalties can be up to: 46.5% tax, and … Continue reading

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Tax Exemption for SMSFs for Earnings on Assets Supporting Pensions Continues After Death

  The Federal Government’s midyear Economic and Fiscal Outlook’s inclusion of a tax exemption for Self-Managed Superannuation Funds (SMSFs) will provide a great boost of confidence to the sector, according to DBA Lawyers. The Government will amend the law to … Continue reading

Posted in Pensions / Income Streams, Retirement Planning, SMSF Investing, Super Law & Compliance, Superannuation General | Tagged , , , , , , , , | Leave a comment

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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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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