Month: August 2019

News

Reflections from an investor

August 2019 Written by Hamish Douglass, Chairman and Chief Investment Officer, Magellan Financial Group. Insights gathered from years of investing include thoughts on how to find the right investments, how to let investments work for you, risk management and the best temperament to have when investing. “Your goal as an investor should be simply to…

News

Beware transfer balance cap strategies when it comes to death benefits

August 2019 Opinion piece written by John Maroney, CEO, SMSF Association Published in the Australian Financial Review on 15 August 2019 Maximising your $1.6 million pension cap may backfire on your beneficiaries. Strategies to work around the $1.6 million transfer balance cap (TBC) may be useful for those in pension phase trying to maximise their retirement savings.…

News

Short term nerves trump long term wisdom

August 2019 Investors have a bad habit of doing the wrong thing in the wake of sharemarket lurches such as the one we are experiencing, basing their reaction on gut instinct rather than logic. Newspapers will blare “billions wiped off markets” and nervous investors will obey their overriding nervous sentiment and sell. “Australian shares lose…

News

SMSFs attract younger members

August 2019 Written by Robin Bowerman, Head of Corporate Affairs at Vanguard/Board Director of the SMSF Association Given that self-managed super funds (SMSFs) hold more than half of the retirement dollars in super, it is easy to assume that self-managed super is dominated by older members. Not so. In reality, a high proportion of investors establishing…