As with other aspects of Self Managed Super Funds there are rules around who can be a Trustee or Director of your SMSF. This article explains some of those Trustee rules. Who can be a member and who can be a SMSF trustee? An SMSF can have no more than 4 members at any one time […]
Gain control of super By the time you retire, your super is likely to be one of your most valuable assets. If you gain control of your super today could mean you enjoy a more rewarding retirement. Gaining – and maintaining – control of your super involves a few simple steps. Track down lost accounts Firstly, […]
Get a Government top up to your super contributions. What is the Government’s co-contribution to super? To help Australians reach their retirement goals, the Government may contribute up to a maximum of $500 to the super balance accounts of people who meet certain criteria. Are you eligible for the Government co-contribution? Your income is less […]
If you’re considering living overseas once you retire, ensure you have all of your financial ducks in a row before you leave. Whilst the Australian Government have put in place a number of structures to help Australians retire abroad, there are also some downfalls. It’s important you’re aware of the impact that moving overseas will have on your retirement benefits. Background on […]
Online source: prepared by AMPIf you’re thinking what’s involved in self managed super and whether it’s a good option for you, here are some things to consider. There’s a lot to consider when it comes to managing a self managed super fund (SMSF). Setting up a compliant fund and managing your investments takes time and […]
Online source: Produced by AMP Life Limited and published on 24 November 2015As uncomfortable as it can be to think about, no one lives forever. And because you’ve worked hard to earn your super money, you’ll want to make sure that when the time comes, your remaining super goes to your loved ones. Like many people, […]
Online source: Produced by AMP Life Limited and published on 19 November 2015.Both options make good financial sense—we look at some pros and cons to help you decide whether to repay or build. Retirement may not be as far off as it used to be. With this in mind, are you finding there’s a trade-off between being […]
Online source: Produced by AMP Life Limited and published on 4 September 2015.Once you retire you might be wondering how you ever had time to work! Whether you’re in the planning stages or already retired, there’s plenty on offer. But, assuming your health is in check, there are some interesting pursuits you might want to consider: […]
Many people wait until their home loan is paid off before investing more in super. However, if you are currently making more than the minimum home loan repayments, you may be better off when you retire if you make additional super contributions instead. Why super? There are two key reasons why topping up your super […]
