Average age for establishing SMSFs sitting at 48.9: Report
The latest SMSF Benchmark Report from Class indicates that there is a continuing trend... View Article
Categories for Financial Planning News
ATO updates valuation guidelines for pension reporting
The ATO has updated its valuation guidelines in order to clarify when a reasonable estimate can be used for valuing pension assets when reporting to the ATO.
ATO figures show jump in starting balances for SMSFs
The ATO’s statistical overview of SMSFs for the 2016–17 financial year indicates that funds that were established that year had assets of just over $500,000 on average, a substantial increase from the previous year.
Your personal financial register
Have you written a personal financial register, listing your super and non-super investments, your other assets, your income and any debts?
Australia’s $4bn Super blackhole impacting self-employed most
While a recent research report has predicted that the ATO’s crackdown on SG non-compliance will be effective in improving the payment of super to employees, the lack of super savings among the self-employed is expected to remain a critical issue.
The proper help can be a benefit – age pension
About two-thirds of Australians are entitled to at least a partial age pension (i), so most of us need to understand how it works and determine what role we want it to play in our retirement plan.
SMSFs on ATO’s radar in cryptocurrency review
As part of its review of transaction information from cryptocurrency service providers, the ATO... View Article
Limited recourse borrowing arrangements – LRBAs
Transfer of loan amounts flagged as vital compliance step for LRBAs
What a financial planner does to help.
Updated research from Vanguard confirms what previous research found concerning the average value added to clients' long-term wealth by a financial planner.
Goodbye to ad-hoc portfolios
Investment portfolios are often built in an ad-hoc fashion with too little thought given to taking a co-ordinated approach to investing.
