Archives: Articles

Why growth assets are important for income generation

August 2019 Post-retirement, the key focus for investors is generating a sufficient income stream to support their lifestyle. As people are living longer and spending more years in retirement, the challenge is not only making their savings last and meeting this need today but also in generating an income stream that will grow over time…

3 common SMSF mistakes and how to avoid them

August 2019 Managing an SMSF can be difficult. However, with the right skillset, effective organisation and specialist advice, SMSFs can be a great vehicle to fund your retirement. Each year the Australian Tax Office (ATO) releases the most common mistakes that SMSF trustees make when administrating their SMSF. Unfortunately, these mistakes continually revolve around an…

Your new financial year SMSF health check

July 2019 With a new financial year beginning, it is a perfect time to review your SMSF and give it a clean bill of health for the upcoming 12 months. The following list provides a series of considerations that you and your SMSF Specialist Adviser should review. 1.    Take stock of your SMSF investment return…

Your insurance cover may be changing

June 2019 In February this year, the Government passed legislation which prevents trustees of APRA-regulated funds from providing insurance to members with inactive superannuation accounts, unless a member has specifically directed otherwise. It is a common practice for many individuals with an SMSF to also have a secondary APRA-regulated fund which provides them with insurance.…

Are you ready for the end of the financial year?

May 2019 With the end of financial year fast approaching and certainty with Government and its super policies it is the time to ensure everything is in place for your SMSF before 30 June 2019. Below are some strategies that you may need to consider and ensure the plans you have in place are the…

Fixed income and term deposits – a snapshot in time

May 2019 If you’re keeping your money in the bank, you are going backwards financially. Unless you have committed say $100,000 to a term deposit over a three year period, for instance, you will be looking at an annual interest rate of around 1.5 per cent at the time when the value of your money…

Super Reference Guide

Updated April 2019 Click here to download the Super Reference Guide.   Disclaimer: The information contained in this document is provided for educational purposes only, is general in nature and is prepared without taking into account particular objective, financial circumstances, legal and tax issues and needs. The information provided in this article is not a…

Your Yearly SMSF Planner

Revised as at 05 April 2019 Managing your own super has many benefits, but it’s important to have a plan. There are certain aspects you must consider to ensure you are meeting all of your yearly requirements.  Step through the year with confidence with you SMSF Yearly Planner, detailing what you need to address each…

The Importance of Diversification

March 2019 Written by Angus McLeod for OpenInvest. My nan (and, probably, her nan) used to say, “Don’t put all your eggs in one basket”. It’s sage advice, and well worth following. Its intention is to prevent you from losing everything at once; if your assets are spread around in different ways then your total…

Your SMSF investment strategy and portfolio

February 2019 As a trustee you are required to review your investment strategy regularly to ensure it continues to reflect the purpose and circumstances of your fund and its members. An SMSF investment strategy must take into account the following: The risks involving in making, holding and realising the SMSFs investments, their expected return and…