It’s a new financial year … get your money working harder for you Now that you have reviewed your spending habits, set some goals and planned a budget, it’s time to review and potentially refine how you make your money work for you. Rather than spending your income with the hope of having something left over to invest (which almost never works), set aside a portion of … [Read more...]
What is insurance in superannuation?
July 3, 2015 by ·
What is insurance in superannuation? Many super funds arrange life and disability cover for their members. Insurance is arranged by the super fund trustee, acting on behalf of the members of the fund. Having insurance for accidents and illness can provide a sense of security for you and your family. Deciding whether to have your insurance within superannuation or outside super can be a … [Read more...]
When do I need advice about my superannuation?
July 3, 2015 by ·
When do I need advice about my superannuation? With all that's happening in financial markets at the moment, it's only natural to be looking for help to make sense of it all. Like all of us, you want to know what the changing markets mean for you, your family, your savings and your future. And when it comes to seeking financial advice, the best time is now! If you are not sure when to seek … [Read more...]
What is “Super Consolidation”?
July 3, 2015 by ·
What is “Super Consolidation”? Have you worked for more than one employer in your career? How many super statements did you receive last year? If you found yourself thinking “I didn’t know I even had that super fund” or if you have lost track of your funds over the years as you have changed employment, then super consolidation may be the answer. Consolidating your super means rolling all of … [Read more...]
What is the difference between superannuation and other forms of investment?
April 24, 2015 by ·
When it comes to saving for retirement, superannuation is specifically designed to help you accumulate funds in an easy, tax-effective way. Unlike other investments, superannuation is compulsory for most Australians. This is to ensure that people save some money for retirement. In 1992 the federal government introduced the Superannuation Guarantee making it the law for employers to make … [Read more...]
Residential Aged Care in Australia is Changing
June 5, 2014 by ·
The ages care system in Australia is about to experience major change. From 1st July 2014, residents entering aged care facilities will be faced with a new fee structure making it even more important to plan early and seek advice. While a new set of rules will apply to those entering care from 1 July 2014, all existing residents as at 30 June 2014 will continue to have their fees and charges … [Read more...]