Protect yourself through superannuation

The attractiveness of superannuation as an investment and savings vehicle is well known. As we mentioned earlier, although the federal government places limits on the amount of tax-effective contributions we can make, the ability to structure insurance arrangements through super remains.   HOW DOES INSURANCE THROUGH SUPER WORK? The types of insurances considered here are […]

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Super: It’s not really a sacrifice

Coins stacked with a clock in the background

If you are earning more than you need to live comfortably, salary sacrificing may be an attractive option to reduce your tax, boost your superannuation and prepare for a more comfortable retirement later on. Salary sacrificing simply involves having part of your salary paid into a superannuation fund by your employer rather than receiving it […]

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The ‘what’, ‘why’, and ‘how’ of contributing to super

Despite frequent changes to its governing rules, superannuation remains, for most people, a tax-effective environment in which to save for retirement. Here’s a quick Q&A on the what, why and how of contributing to superannuation from this point on.   WHY SHOULD I CONTRIBUTE TO SUPER? Some super contributions and the investment earnings within super […]

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Get your super together and save!

If you have had different jobs with different employers over your working career you will probably have superannuation accounts in many different funds. Apart from the time it takes to keep track of these accounts, there are three more serious concerns of which you should be aware.   INVESTMENT STRATEGY Choosing the right investments for […]

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Taking control of your superannuation

Seniors Retiring Planning

Taking control of your super A popular choice for managing superannuation is to take personal control via a self-managed superannuation fund (SMSF). Although membership is limited to a maximum of four people per fund, the Australian Tax Office (ATO) reports there are over half a million SMSFs, representing more than a million members. It estimates […]

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Investing in your future

Investing in your future. The government regularly reminds us that each Australian must take responsibility for funding their future. Regardless of when you will be able to access your super, or when you choose to stop working, you need to be aware of how your superannuation is being managed and if the final balance will […]

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Super: Just like choosing a new car!

Superannuation and a new car are very similar! Superannuation can be one of the most baffling topics when it comes to managing our finances so let’s relate looking for the right fund to something that might be more enjoyable – buying a new car. What do you look for? SIZE AND SPEED The engine of […]

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Consolidating Super: Things to think about

Why consolidate? Many people have accumulated multiple super accounts from changing jobs and have lost track of how many they actually have. It is important to consolidate your super into one account, but why? Having one super account means you will save money by only paying fees for one account, there will be less paperwork […]

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Super jargon explained

books open on top of each other

Although it’s constantly reported on in the media, many Australians do not fully understand superannuation jargon. We’ve identified some of the most common terms and explain them in language everyone can understand. Term Explanation Account Based Pension Also known as an ‘Allocated Pension’. An investment account established with a lump sum from a super fund […]

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Unlocking the mysteries of your super statement

A padlock on a black door

Superannuation statements. Boring, right? But if, like many people, you toss your annual super statement in a drawer or hit delete, you could be depriving yourself of many thousands of dollars just when you need it. So it’s worth the small effort to take a closer look at your superannuation statement. If everything is in […]

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