Superannuation and separation: Who keeps the money?

A divorce from your husband or wife, or a separation from your de facto, could mean a division of your assets and debts, whether they’re held separately or together, and superannuation is no exception. Another thing to note is even if one of you hasn’t contributed to super for many years, […]

SMSFs and your retirement horizon

Self-Managed Super Fund (SMSF) trustees often ask themselves, “What is the right mix of investments for my SMSF?” It’s a very common question, and one that will need to consider individual preference and the time until retirement. The answer will not be the same for everyone, even for members within the […]

Retire on your own terms

As the novelist C. S. Lewis once observed, “You are never too old to set another goal or to dream a new dream.” Retirement should be the start of a new chapter in your life – perhaps the most exciting of all. The big question, of course, is how you pay […]

Could your home deposit be helped by your super?

It’s no secret that saving for a house is tough. Raising the money for a deposit can seem to take forever, even if you’re consistent with your savings plan. Want some good news? There’s a new way to save, and it’s called the Government’s new First Home Super Saver Scheme (FHSSS). […]

How to spend more to save

The old saying “penny wise, pound foolish” couldn’t ring truer than in today’s throw-away world of overconsumption and excessive production of disposable items. Did you know that many manufacturers have been using techniques to deliberately reduce the life of a product to increase its replacement rate and sell you the same […]

New rules to benefit those downsizing for retirement

Australians aged 65 and over who are downsizing for retirement can now contribute the proceeds from the sale of their main residence (up to $300,000) into super. We take a look at what this could mean for you, bearing in mind that like with all important financial decisions, it’s a good […]

Role-reversal: When your parents are relying on you

In the later stages of life, many seniors want to stay independent for as long as possible, but there usually comes a time when they need more support. So how can you do more for your parents to keep them safe and comfortable, without taking away their sense of independence and […]

Who is the boss of your super?

It’s tempting not to think too much about your super when retirement is still a long way off. After all, it’s growing just fine by itself … right? But the reality is, if you don’t take control now, you might be left with less than what you need when it’s time […]

Make sure your super goes to your loved ones

While a Will states how you would like your hard-earned assets to be distributed, it doesn’t automatically include your super. That’s because, unlike directly owned property or shares, super doesn’t necessarily form a part of your estate. The super fund trustee will distribute it in accordance with super law and the […]

How close are we to a cashless society?

With tap and go payments becoming ever more popular and the advent of instant transfers between domestic bank accounts, how much longer will we be using cash as a form of payment? According to recent survey results produced by You Gov Galaxy and commissioned by payments provider Square, the average answer […]