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Category: Eureka Report

Salary sacrificing will soon get easier

          SUMMARY: Restrictions taken off salary sacrifice strategies, plus New Zealand’s super pension age lift is a taste of things to come in Australia. Salary sacrifice strategies will be much easier to implement when the new super rules come into force on 1 July. No longer will employees have to wonder […]

Super confusion: Understand your contribution limits

                  SUMMARY: Some of the finer points of getting money into super via NCCs, under the new, post-July, rules. It’s time to delve a little further into the nitty-gritty of getting money into super post 1 July this year. We’ve spoken broadly about the new contributions limits. […]

A fourth pot for your retirement plan

SUMMARY: Perhaps a four-pot strategy for retirement savings would suit wealthier clients. How about a family-owned company? The importance of getting the investment structure right should be no surprise to most readers. And SMSFs and discretionary trusts are often very important parts of those strategies, along with investing in your own names, of course. But, […]

The TTR dilemma: will it pay to quit work?

  SUMMARY: What you must consider for your transition-to-retirement income streams before 30 June. One question is going to be dogging the minds of those in receipt of a transition-to-retirement pension in the lead up to 30 June. “Is it still worth working if my pension fund is going to be taxed, or do I […]

Advisor Q&A: The hottest super topics

  SUMMARY: The new defined benefit pension arrangements are causing angst for Eureka readers. Defined benefit pensions, recontributions and TTR strategies seem to be the issues causing the angst for Eureka’s self-managed super fund army right now. I’ve received many questions around the topics raised in my columns on how DB funds will be treated […]

Does borrowing for super make sense?

SUMMARY: Is it worth borrowing to tip money into super ahead of 30 June? It’s a very different equation in 2017 than it was in 2007. Getting money into super ahead of the 30 June change of rules is going to take some planning. From 30 June, if you already have $1.6m in super, you […]

Your best super moves for 2017

SUMMARY: The world of super changes – not for the better – in 2017. Here’s what to consider before the 1 July 2017 deadline. The legislation has passed and we now “know” what the rules are for superannuation, post 1 July 2017. (We don’t actually know all of the rules. Some of them are still […]

In defence of SMSF borrowing restrictions

                          SUMMARY: The bleatings of some self-interested SMSF service providers should not mask that some people should be saved from themselves. With the slightest hint of increased regulation in most sectors, teeth start gnashing and mouths start frothing. Reminds me a little of […]

Clarifying the new segregation rules

SUMMARY: Segregation between pension and accumulation assets has been canned – but here’s a new strategy to beat the ban. Sometimes, even when you think you’re on top of things, it turns out you’re not. A few weeks ago (see column of 23/11/16), I wrote a piece about taxation in super and an upcoming decision […]

Pension cap elevates the segregation option

SUMMARY: Understanding SMSF tax … and then the tax saving that segregating pension assets might give you from 1 July. Tax and access – at its most basic, these are the two things that differentiate investing inside, and outside, superannuation. With super, you have “restricted access”, which means you can’t draw on your super until […]