growth-focus-superannuation-insurance

Holding insurance inside vs outside superannuation

Personal insurance should be viewed as a necessity, whatever your personal situation is; holding some form of insurance will help ease the burden on yourself and family, should a serious event occur. You can decide whether you hold your insurance inside or outside of your superannuation fund; your personal or family's circumstance will determine t ... Read More

superannuation contributions from downsizing

Superannuation Contributions Update

Contributing the proceeds of downsizing to superannuation Author: Shelly Johal The information for this article was sourced from the Client Impact Statement, "Contributing the proceeds of downsizing to superannuation" by Ben Miller from CCH From 1 July 2018, proceeds from downsizing the family home will become available as a new type of super ... Read More

Super Reforms passed through parliament

A little while ago we posted a news update about the Super reforms proposed in the 2016-17 budget. It can now be confirmed that these proposed changes have all passed through parliament and are set to take effect from the 1st of July, 2017. These are some of the changes that you can expect: Non-concessional contributions will be limited to bal ... Read More

Maximise your super by consolidating your funds

Having more than one super account is reasonably common but can actually deplete your retirement fund through the duplicate fees and costs that will be accrued. In this instance, you may want to consider consolidating your super funds which simply means to put all of your super together into one account. This will reduce fees and will ultimately ma ... Read More

Budget Advice to refill those freshly emptied pockets

Written By: Alice Robinson For many families, the budget can take a massive hit over the festive season. It is important that everyone is able to feel confident in their finances going into another year of school fees, mortgages and everything else. To help out, we have made a list of three tips that will help you and your family financially prepa ... Read More

superannuation review checklist

Personal Superannuation Review Checklist

Written By: Shelly Johal By now you should have received your annual 2016 Superannuation statement from your superannuation fund; have you taken the time to give it a thorough review? For many people, superannuation will be their second largest asset after their home. Therefore, taking the time to review and understand what you have got in pla ... Read More

superannuation payment dates

Superannuation Payment Dates

Written By: Kelly Horsfield Australia’s superannuation law is strict with regards to paying by the due date. Even if you’re late by one day, you can be penalised. If your payments are significantly late, the ATO can demand that you complete a Superannuation Guarantee Charge Statement, and pay the super plus interest and an administration fee. ... Read More

superannuation eligibility

Superannuation Eligibility: Do I need to pay?

Written By: Kelly Horsfield This article will assist you in determining your superannuation eligibility. Do I need to pay superannuation? Generally, an employer is eligible and must pay super for an employee if: The employee is 18 years or over, and You pay them $450 or more (before tax) in regular income per calendar month. OR  ... Read More

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