Tag: superannuation

We are happy to announce that we now offer Self-Managed Superannuation Fund (SMSF) administration services (financial statements, tax returns, requisite statutory documentation, etc).  Please note that this service is available regardless of whether we provide you with financial planning services and advice.

Whether an individual should allocate excess cash flow to their mortgage or make concessional super contributions depends on various factors. Principal considerations include the individual’s tax rate, liquidity needs, cash flow position and risk tolerance. Before analysing these considerations, we will briefly outline the tax benefits of topping up super compared to making extra home loan repayments.

It is becoming mainstream knowledge that superannuation funds can borrow under certain circumstances.  However, what is less known is that the relevant legislation does not stipulate where the money can be borrowed from.  As a consequence it is possible for a superannuation fund member or their relative etc to lend money to their fund.  This is particularly effective for acquiring assets that banks are not generally willing to lend for such as equities (shares) and/or if the superannuation fund wants to obtain cheaper funding. 

Superannuation as an estate planning asset is often overlooked.  This is despite superannuation becoming the largest retirement investment vehicle, while also frequently holding life insurance payouts.

10 things you may not know about Superannuation