Summary What’s the difference between making a concessional contribution and a non-concessional contribution? Content What’s the difference between making a concessional contribution and a non-concessional contribution? There are two types of contributions that can be made to your super account, concessional contributions and non-concessional contributions: 1. Concessional contributions include compulsory Read more…
Summary We are writing to you to let you know that you may receive a letter from your superannuation fund trustee. We ask that you please do not ignore this letter. Content We are writing to you to let you know that you may receive a letter from your superannuation Read more…
Summary The word superannuation naturally leads people to think of their retirement, as that’s what super is built for and it is at around the age of 65 and over that superannuation funds will finally be put to use. However, just because accessing your super may seem like a long Read more…
Summary Australians who want greater control of how their retirement savings are invested are increasingly exploring the option of setting up their own self-managed super fund (SMSF). The freedom of putting yourself in the driver’s seat for your super has made SMSFs the fastest growing sector of the super industry. Read more…
Summary Superannuation is, and will continue to be, a hot topic in the financial advice industry. No matter what your age, once you begin your working life superannuation should be in the back of your mind, but MoneyTalk magazine have uncovered some confronting statistics that it’s worth thinking about if 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 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…