INSIGHTS

Superannuation is big business as you may well know, with mandatory contributions at a current rate of 11.5% and many doing more via salary sacrifice, that can be tax effective. The industry is now worth over $3tn (fourth largest superannuation industry globally) and is expected to continue to grow exponentially.

Topics: superannuation, SMSF, Self Managed Superannuation Funds, SMSF management

On the evening of 9 May 2023, the Government delivered its second Budget in the current parliamentary term.

Topics: superannuation, budget

The 2022/23 Budget, brought down on 29 March - 6 weeks earlier than normal, is the last Budget before the next Federal Election is due to be held. The latest date for the election is 21 May 2022.

Topics: superannuation, budget

It seems like no time has passed since the last Federal Budget.

Topics: superannuation, budget

For many Australians, their wealth journey consists of owning a family home and accumulating superannuation. But many would be interested to know there are other wealth generating strategies available.

Topics: superannuation, investing outside of superannuation

Risks of superannuation fund policies

Unfortunately for consumers, industry superannuation funds do not specialise in insurance and do not always provide a dependable or compelling insurance solution. Insurance is often a convenient add-on for large superannuation firms, but this can cause risks - policy holders may not receive the proceeds from a claim or the amount is less than expected or wanted.

Topics: insurance, financial plan, superannuation

Different ways to own your insurance premiums

Did you know that life, TPD and income protection policies can be owned personally or thorugh a superannuation fund? And that trauma insurance can be owned personally?

Topics: insurance, financial plan, superannuation, taxation

Superannuation is a way of putting money aside now so you can live comfortably when you are retired.

Topics: investment planning, market update, superannuation, retirement planning

Investment planning involves buying into an asset class on the open market - cash, fixed interest, property or shares - with the expectation that the value will increase so you can sell for profit in the future. Therefore with successful investing, you are able to accumulate wealth.

Topics: investment planning, market update, superannuation, retirement planning

Based on the current market situation, here are some financial tips and investment opportunities you may wish to consider:

Topics: superannuation, retirement planning