By popular consensus, the changes made to the management of Superannuation contributions will have a positive impact on the SMSF industry and it is now for the SMSF professionals to update their trustees on the guidelines of the new electronic contribution regime, SuperStream.
Author: Alan Preston Archives
SMSF Investors Eyeing Global Equity Market
Cash allocations of SMSFs have reached record low proportions, reports Multiport SMSF Investment Patterns Survey. The cash holdings, reportedly, are being curtailed in favour of seeking the overseas market; higher returns in international equities being the major lure. Tim McArthur reports for the website The Motley Fool.
Why Trustees Invest in Risky Assets
In an article for the SMSF Adviser, Shelley Banton discusses why trustees invest in risky assets despite the fact that the returns are meagre to reasonable in a high number of cases and many of them also record losses.
Changes in the Superannuation System
In what is a rarity, apparently at least, heads of the really big Super lobby groups have arrived at a consensus. And it is that the complexity caused by the continuous changes in Superannuation rules is forcing people to rethink retirement. The Federal government should act fast if it wants to dispel this trend as a myth.
Australians Opt for Higher Voluntary Payments
Over the last 4 years or so, the number of Australians who have upped their Superannuation ante has grown leaps and bounds. Apart from their compulsory 9.5%, they are looking to put in as much voluntary contributions as they can. Imagine our countrymen pouring in $36.5 billion besides the compulsory 9.5% in 2013.
How Much Money is Enough for Retirement Planning?
How much retirement budget is adequate? Are SMSFs pushing themselves in the right direction? In an article for the website SMSF Adviser, Katrina Brown throws light on these pertinent questions. Most of the SMSFs, according to recently analysed data (with a very large sample set) are moving in the right direction and they should have enough in their kitty to enjoy comfortable retirement.
