A young family could be $240,000 better off at retirement if they receive financial advice, according to Sunsuper.
Sunsuper commissioned CoreData for its 'Value of Advice Report' that found that a 34-year-old Australian couple who received advice could maximise their money to pay for six additional years of private education for two ... |
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One of the fundamental concepts in the superannuation regime self-managed super fund (SMSF) trustees need to understand is the difference between salary sacrificing and making personal super contributions to a fund.
The rules have recently changed, which means more people can now make additional contributions to their super... |
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Almost one in three Australians do not believe they will be in a comfortable financial position when they retire and half of those nearing retirement have not begun planning for it, according to a new study.
The research prepared by Australian Unity and Empirica into retirement planning collated the responses of 1000 baby boomer Austra... |
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Affluent Australians usually hold their investments in some combination of superannuation, family trusts and direct ownership of negatively geared property. Over the last year, changes in superannuation rules and more challenging property market conditions have shifted the relative benefits of these arrangements. Family trusts have become com... |
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The introduction of the $1.6 million transfer balance cap will affect the insurance and estate plans of many superannuation members. In my last article, I discussed why members must review any insurance they hold in super. Additionally, the transfer balance cap places a limit on the amount that can be paid as a death benefit pension and any e... |
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