What if I exceed my super contribution caps? Making additional personal contributions to superannuation is a great way to boost your retirement savings in a tax-effective way. But there are strict caps or limits on the amount you can contribute each year and stiff tax...
New Financial Year rings in some super changes As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings. Some, like the rise in the Superannuation Guarantee (SG), will happen...
Time to review your income protection cover If you’ve owned an individual income protection or salary continuance policy in recent years, you may have seen your premiums increase as insurers struggled to cover their large losses on these products.i Given the ongoing...
SMSF member limit to rise While it’s not yet in force, the limit on SMSF member numbers is set to increase from the current four to six members later this year. For some SMSFs, this will be a welcome change and will mean additional family members can join their...
Making a super split Separation and divorce can be a challenging time, often made all the more difficult when you have to divide your assets. So how do you go about decoupling your superannuation? In years gone by, superannuation was not treated as matrimonial...
Weighing up costs and benefits of an SMSF For many people, the idea of managing and investing your own retirement savings is very appealing. But there is ongoing debate over whether running your own self-managed super fund (SMSF) is cost effective. So, what are the...
