An article on news.com.au discusses the need for handing out a higher Super rate to women than men. The Association of Superannuation Funds of Australia believes that employers should be in a position to offer higher rates of Super to women and entirely so without breaching the anti-discrimination laws.
Author: Alan Preston Archives
ASIC Issues Further Guidance to SMSF Trustees
A media release on the website of Australian Securities and Investment Commission (ASIC) talks about the premier body’s further guidance to SMSF trustees so that they can better prepare and hand over retirement estimates to their fund members.
Why Proper SMSF Asset Allocation is Important
What are your long-term investment goals? What is your risk profile? Answer these questions loudly to yourself because these would determine what mix of assets will see you performing through the roof in terms of your SMSF fund.
Why SMSF Trustees Should Seek Investment Advice
A lot has happened recently in the financial advice sector and it has resulted in SMSF trustees showing reluctance in seeking professional advice. Scandals atop scandals and this is what happens! The mind-space of SMSF trustees is laden with the worst of fears and they know that the adviser on the other side might be a guy not interested at all in their wellness and just out to earn a commission by duping them. Certainly not the best frame of mind when you are seeking professional investment advice.
Age-based Management of Superannuation Fund
With all the great (and pleasant) noise being made about Superannuation efforts and their considerable link with post-retirement living, I thought it might help to chart a Super roadmap for people of all ages. I mean, a 30-year old won’t think about his Superannuation fund as a 50-year old or a 70-year old. For the 30-something guy, retirement is a distant possibility not looming anywhere close to the horizon yet. For the 50-something person, on the other hand, it has become part of the to-be-embraced fate and for the 70-something guy, well, he is there and living it.
Perils of DIY Superannuation Investment
Can’t say choosing your own portfolio is not a luring proposition, but can Super investors understand all the ramifications of such a position? I know, every now and then, we have this real urge to play the fund managers. Choosing our assets, diversifying as we deem fit, swapping properties for bonds and ETFs for global equities, but can all these not have dangerous consequences at times?
