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Day: July 15, 2013

Multiple funds the answer to taking pension while working

PORTFOLIO POINT: Can your SMSF give you simultaneous pension and accumulation funds? Yes, here’s how. It’s an area many SMSF trustees don’t understand well – even those who might have been operating SMSFs for long periods. Trustees understand that their SMSF is there to eventually pay a pension. Therefore, at some stage, it must convert […]

Confusion can reign when working out how your superannuation is invested. What are simple ways to decide where it goes?

Amazing, isn’t it? Governments force Australians to put large wads of their salaries into super. And then refuse to help them understand why. Or how. Or what. (And then they change the rules every fortnight, so no-one knows what’s going on. But that’s a bitch session for another day.) There’s never been a public education […]