Testamentary trusts: the benefits and considerations
Benefits of using a testamentary trust Testamentary trusts are established under a valid will to provide a greater level of control over the distribution of assets to beneficiaries. Not only do testamentary trusts provide tax
WARNING – DO NOT LOSE YOUR INSURANCE
WARNING – DO NOT LOSE YOUR INSURANCE… Today, superannuation funds all over Australia will start mailing their members about their insurance inside their superannuation accounts. If you get one of
Australian Federal Budget – What can you believe?
Tonight, the Treasurer of Australia, Josh Frydenberg will hand down his first Federal Budget. It will also be the first budget for Scott Morrison as Prime Minister. There have already been numerous leaks about what
How much is really needed in retirement?
In the UK in 2014, The Independent Review of Retirement Income (IRRI) was commissioned to look at retirement incomes. Two recommendations from IRRI were: “The use of deterministic projections of the returns on products should
Superannuation: Add to super in your 30s to retire comfortably
FOR anyone in their 30s who can afford to put money into their superannuation, now is the time to start. Even just salary sacrificing $50 to $100 a week can have a significant impact on
Labor’s franking policy is a ticking bomb for all super funds
The Australian Labor Party (ALP) proposal to limit cash refunds of franking credits will clearly impact many pension phase SMSFs, but we believe it also has the potential to impact many other superannuation funds. In