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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.
In these trying times, the NSW government is supporting small businesses in NSW with a couple of targeted grants, such as:
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.
"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..
As at 16th April 2020, the ATO had received 881,600 Australian’s registering an interest in accessing their retirement savings under the Government's temporary Early Release of Superannuation scheme. It is one of a host of measures to help..
In these uncertain economic times, investors face the risk of downturns in the value of their investment portfolios. For executives, high-income earners and those with more extensive investment portfolios, the stakes are higher in dollar terms. For..
The Coronavirus pandemic and the measures to slow its transmission are evolving rapidly. First priority is the safety and wellbeing of our employees, clients and the broader community. The following is a summary of WLM’s operating procedures amidst..
The Coronavirus COVID-19 is of obvious concern to investors. Just what will it mean? At times like this, opinions abound. Commentary is ranging from:
