Super Funds Impressive For 2014, Cautious For 2015

Superannuation funds in the country posted impressive results for 2014 as it returned 7.5% for 2014, according to SuperRatings.
Despite the impressive performance, founder Jeff Bresnahan believes that superfunds may under deliver, citing that the 2014 performance that beat inflation may be hard to continue for 2015. Super funds finished above the average of 6.3% for […]

By |January 5th, 2015|Economic Growth, Superannuation|0 Comments

Choosing Super Is Like Buying A New Car

When choosing Super – it’s best to think of purchasing a new car. Comfort, safety and value are common considerations when purchasing a new vehicle and it holds true when choosing the right super fund for you. Here are some of the considerations in detail:

Safety. Cars often boast of safety features that are often used […]

By |September 24th, 2014|Economic Growth, Superannuation|Comments Off on Choosing Super Is Like Buying A New Car

Helpful Hints to Boost Your SMSF Investment Choices

Self managed superannuation funds (SMSF) have steadily gained in popularity as more and more people have taken control of their financial future and set up their own funds. This is not necessarily an easy thing to do, but with the help of an accountant who understands the rules around establishing an SMSF, and the tenacity to stick to a plan and see it through, it is a sound strategy, although not for everyone.

There are some specific restrictions on SMSFs and quite stringent reporting, administration and auditing requirements. For example, you must have an approved investment plan and if there are any other members of the fund, any investments undertaken must be signed off by them before making any purchases. However, an SMSF can now be used to buy property. […]

By |January 22nd, 2014|Economic Growth, Superannuation|Comments Off on Helpful Hints to Boost Your SMSF Investment Choices

Can Aussies Afford the Extravagant Holidays?

Christmas – apart from being a festive event, is also one of the most expensive for Australians, according to global ratings company Fitch Ratings. Data shows that Australians lead all countries around the world in holiday spending, at 35.5%, ahead of Italy 32.2% and the United Kingdom at 30.9%.
There is a sad reality behind these […]

By |December 9th, 2013|Economic Growth, Superannuation|Comments Off on Can Aussies Afford the Extravagant Holidays?

Half of SMSFs ripe for Retirement

Data research company DEXX&R has reported that $296 billion, or half of the SMSF total are ready as retirement savings. This is predicted to balloon to 61.5% of the total SMSF savings by 2023 at $562 billion. The report also indicates the need for less risk income for retirees, who will most likely opt for […]

By |November 13th, 2013|Economic Growth, Superannuation|Comments Off on Half of SMSFs ripe for Retirement