Our ‘hardest’ SMSF tasks
What are the hardest aspects of running your self-managed super fund (SMSF)? There are certainly more and more tasks and professional help my be needed to manage them properly.
by zfs
by zfs
Lack of literacy promotes unrealistic goals
A large proportion of Australians have unrealistic retirement goals. (NB: There are financial tools on this site that can help as too can a financial planner)
by zfs
Young investors: Time is on your side
Today's young investors weren't alive when The Rolling Stones, among others, released versions of Time is on my side yet the song's title just about sums up their lengthy investment horizon.
by zfs
Is your SMSF retirement-ready?
A landmark stage in the life of a self-managed super fund is when at least one of its members moves from the accumulation phase to retirement phase. (NB: A financial planner can help with this question if you're not sure)
by zfs
Investors acting their age
Young investors can fall into the trap of being too conservative for their own good, forfeiting compounding long-term returns from growth assets.
by zfs
ATO locks in details, addresses panic on real-time reporting
The tax office has addressed several points of confusion with the new events-based reporting regime, locked in key deadlines, and outlined what will be included in a new position paper set to be released shortly for the SMSF community.
by zfs
Government ‘undermines’ tax system in new moves on property expenses
Newly-released draft legislation, which firms up the 2017 budget move to limit investors’ ability to claim travel expenses and depreciation deductions, will “upset the fundamental basis behind our tax system” according to an accounting body.
by zfs
Multiple super accounts in a ‘gig’ society
Just yesterday (23-7-17) a planner's client said 'By the way I located lost super and would like some financial advice please. There are still a couple more lost supers, not located,
How should I proceed? (NB: do not let things simply run because in a few years you'll forget and discovery will be very hard).
by zfs
Why Australian retirees aren’t happy and what we can do about it
When it comes to retirement planning, we could be forgiven for giving ourselves a collective pat on the back here in Australia.
by zfs