Archive | Superannuation

PX-accountant-2302101__340

$1 million is never worth less than $500,000

It’s become common to claim there is no incentive to save more than $500,000 because of the loss of age pensions and possibly franking credits. But these arguments overlook the way super is supposed to operate.

financial goals decumulation

Three major financial goals after retirement

Most people in retirement will have three financial goals in the decumulation stage to take account of the uncertainty of health, longevity and markets, and here’s a framework to help.

insurance proceeds

When death benefits include life insurance

SMSF trustees should understand the tax consequences when death benefits include insurance proceeds because it can vary greatly according to circumstances, and these should be planned for in advance.

Ensuring death benefit nominations are upheld

Ensure death benefit nominations are upheld

It’s crucial for super fund or SMSF members to understand the law as it relates to death benefit nominations to ensure desired outcomes are achieved. Don’t leave a mess for others to fix.

Register for our free weekly newsletter

New registrations receive a free copy of our ebook, Cuffelinks Showcase 2016.