Are you entitled to a tax deduction on super personal contributions? This financial year is the first time that employees can claim a tax deduction for their personal super contributions. Personal super contributions made during the 2017-18 financial year can now be claimed as a tax deduction by most Australian workers. This follows changes made […]
Everyone makes mistakes during their investment lifetime; the trick is to avoid them when you can and learn from the ones you can’t. HAVE A PLAN Failing to plan for retirement and build up savings is one of the most common mistakes. Having adequate retirement funds can be undermined by unrealistic expectations about future lifestyle […]
New contribution opportunities New super rules that took effect on 1 July this year have created new contribution opportunities to super. Consider making personal deductible contributions Prior to 1 July 2017, if you earned more than 10% of your income from eligible employment, you could not make personal deductible super contributions (PDCs). This ‘10% income […]
What to expect and how to prepare for your tele-personal interview. What to expect and how to prepare for your tele-personal interview.
Every parent wants the best for their children but kids often won’t listen to the wisdom of your experience, especially when it comes to money. Don’t give up! Here are some of the common beliefs and misconceptions kids have about managing money—and how you could get them to take your advice. 1. Money buys happiness […]
Money may not buy happiness. But a sense of control over your finances, and your future will.You may even think you don’t have enough money to warrant financial advice, but you may benefit in more ways than you currently realise.The thing is, when you work with a financial adviser, you have the opportunity to really […]
In our fast-paced world, the desire for a better work/life balance is a common goal. It affects everyone from young professionals working long hours to get ahead, dual income households juggling inflexible jobs and children, and older workers wanting more time to help care for grandchildren or ease into retirement. While some people want to […]
Did you know that someone who starts saving with the help of a qualified financial adviser at age 30 could be more than $91,000 better off at retirement? This astounding figure comes from analysis by KPMG¹ that shows the significant benefits of good financial advice. And it’s not just those starting early who can improve […]
Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital, talks about how to invest for retirement in the light of key demographic changes. How should investors adjust their strategies in the lead-up to retirement as we work longer, retire later and potentially receive less age pension? The traditional approach was that […]
