Summary When putting away money for a child, many people invest directly in the child’s name or on behalf of the child using managed funds or other options where the investment is held in the adult’s name ‘as trustee for’ the child. This usually results in the creation of an Read more…
Summary They say there’s no place like home, but as we get older and perhaps face health issues, looking after ourselves and our homes can be stressful – in both practical and financial terms. Infocus can help you navigate the personal and financial decisions ahead to plan a future that Read more…
Summary If you haven’t checked the beneficiary details on your super lately, you might be surprised about what happens to your benefits if you die prematurely. By the time you retire, your super balance is probably going to be one of your biggest assets. For some people it could even Read more…
Summary The looming statistic that states 69% of us set New Year’s resolutions and yet only 8% achieve them is not surprising. However, it is never too late to finish what we started, whether it is to look after ourselves better, take more photographs or spend more time with our Read more…
Summary Financial advisers help at all stages of life in different ways but certainly, there is no time that an adviser is more beneficial than in times of grief. Grief, whilst most commonly associated with death, is just as prevalent in situations of expected and unexpected illness, financial and employment Read more…
Summary As part of the 2017-2018 Budget, the Governement announced the downsizer package to reduce pressure on housing affordability in Australia. From 1 July 2018, if you are 65 years old or older and meet the eligibility requirements, you may be able to choose to make a downsizer contribution into Read more…
Summary Eligible first home buyers can save for their deposit in the concessionally taxed superannuation system, using the First Home Super Saver Scheme (FHSSS or scheme). If you qualify, this scheme may help you accumulate a larger deposit when compared to saving outside super. Content Eligible first home buyers can Read more…
Summary Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home or a residential aged care facility. Content Early planning can take away a lot of the stress and uncertainty that can arise when considering aged care at home Read more…
Summary Everyone saves money differently. Some set aside a percentage of their pay regularly, others use lump sums from bonuses or tax refunds. The secret to reaching your savings goal is to choose the right account, understand how to use it and form a habit of saving regularly. Here are Read more…
Summary If you earn most of your income from employment, you may want to make personal deductible contributions – instead of, or in addition to, salary sacrifice. Content If you earn most of your income from employment, you may want to make personal deductible contributions – instead of, or in Read more…