Darren Snyder writes a piece for the website Financial Standard where he talks about the disqualification of the third auditor by the Australian Securities and Investments Commission (ASIC). The auditor at the receiving end of the ASIC’s whip is James Dermody.
Australians care about their Superannuation but the mode of investment is such that it is easy to set it up and then forget about it. The aim of Super funds is to help your money accumulate during the course of your working life. This, the funds aim to attain through a wide range of investment options. The risk quotient differentiates one option of investment from the other. Let us find out all there is to know about your Super investment and also look into one little known yet very important aspect of such investment.
Most of us cannot deny that we daydream about our lives post retirement. In those dreams, we may be cruising half way across the globe or just indulging the gardener in us. We dream of an easy life full of small nothings and crazy ‘somethings’. This is how we are programmed: we know we have to slog it out while we are part of the active workforce and get rewarded for it with a leisure-filled retirement.
So it may come as a rude shock if you do not find enough in your nest egg to retire peacefully and may be work through your 70s to make ends meet. The crux question then is- how much do you need to retire at 65? Let us find out. You will be surprised by a few stats and one trend in particular.
Laura Millan writes a piece for the Financial Standard where she talks about accelerated trading from the yard of SMSF investors. The market has been volatile of late and investors are not missing the chance to buy cheap while the market is trading low.
A self-managed super fund is a surefire way of gaining greater control over your investments. It also offers you more flexibility (till the time you abide to your investment strategy). This said, there are various responsibilities on the shoulders of an SMSF trustee, and what’s more, you must tick many right boxes before entering into the SMSF space. Let us find out if the SMSF is for you; if yes then why and if not, then what may be the single biggest reason hindering you. Read along.
Nicholas O’Donoghue writes a piece for the website Money Management where he talks about the inclination of SMSF trustees towards direct property funds for providing returns in a low interest rate environment.
Tony Negline writes an article for the website The Australian Business Review wherein he talks about the impact of dipping into the SMSF; too deep or too soon. Such ‘dipping’ generally comes in the form of loaning out money to relatives or members of the fund.
Jason Clout writes a piece for the Australian Financial Review where he highlights the possible consequences of using the Employee Share Scheme (ESS) in the SMSF. Executives rally around the idea of bringing in shares/share options into their SMSF for gaining an advantageous tax position.