Retirement trap hurting saving Aussies
Be aware: Australians are being warned that they will need half a million dollars to escape the “retirement trap” of a reduced pension due to assets meeting certain thresholds.
Categories for Financial Planning News
ATO outlines tax relief for bushfire victims
The ATO has outlined the ways in which those impacted by Australia’s bushfire crisis will be given relief from any outstanding tax obligations.
Catch-up concessional contributions – strategies and practicalities
It’s been a long time coming but members are finally able to use the catch-up concessional contribution rules for the first time this year (2019–20).
Nearing retirement? 7 steps to take before you leave work
You're so close. You were diligent in making additional contributions to your super when it made sense and have saved enough in your fund of choice.
2020 audits to focus on investment strategy
SMSF auditors are expected to focus more clearly on specific details and evidence around a fund’s investment strategy in the coming year as the industry continues to feel the ripple effects from the ATO’s diversification letter campaign of 2019.
Australia – latest facts and figures
The data contained on this website can help with many day to day decisions.
‘Visible, valued and owned’: ATO outlines super priorities for new year
The ATO has renewed its commitment to making sure super is “visible, valued and owned” in 2020, naming consolidation of member accounts and reducing the incidence of SG non-payment as some of its key priorities for the coming year.
A 20-year investment growth story
At the end of 2018, after a dismal fourth quarter – in fact, the worst quarterly performance in seven years – the Australian share market closed at a two-year low.
Retire on your own terms and not the market’s
One of the biggest retirement challenges is ensuring that the savings accumulated during your working years lasts as long as you do.
