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Unfortunately, the chances of being redundant will increase over the coming 12 months as Government stimulus (JobKeeper payments) start to unwind. How you spend your time and money after redundancy can make a difference to your future financial..
How much do you need to save to make sure you have enough to last throughout retirement? It very much depends on what your living costs will be after leaving work. Find out more about how to budget for the retirement income you’ll need for the..
2020 is proving to be the most challenging time for investment markets in a generation. The common advice from traditional financial advisers is to do nothing and ride it out. But this may not be the optimum approach for every investor, particularly..
On 22nd March 2020, the government announced a 50% reduction in the minimum income drawdown from account-based pensions and similar retirement products for the remainder of the 2019-20 and 2020-21 financial years.
The best part of tax-time paperwork is looking forward to the small windfall you might receive after you lodge your tax return.
But this year, Aussies are feeling the pinch as the coronavirus crisis saw jobs lost and fewer hours worked.
So what’s..
During market downturns, investors are typically advised to stick with their existing asset allocation that is based on a risk profile, rather than crystalise their losses. The advice is offered in the hope that the downturn will be short lived and..
Today, approximately 500 super funds are operating in Australia, with assets approaching $3 trillion. Superannuation is either the largest single asset held by Australians or the second most valuable asset behind the family home. Making the most of..
The end of the financial year is fast approaching. Now is a great time to prepare and seek additional advice on the management of your superannuation and tax.
The federal government’s COVID-19 support measures contain a range of specific requirements for self-managed super funds (SMSF). This article outlines the relevant measures and how to manage them.
"Only when the tide goes out, do you discover who’s swimming naked”.Warren Buffett
If you were investing during the GFC (2008-2009), you would remember your superannuation balance significantly decreasing and taking many years to get back to its..