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Category: Eureka Report

Pension cap creates a property dilemma

SUMMARY: SMSF property investors need to sit back and watch some dust settle. For self-managed super fund property investors, super’s “new” rules and surrounding framework are a long way from being clear. Draft legislation has been out for comment for a few weeks and SMSF experts are falling over themselves to point out fresh dangers […]

The new rules for defined benefit schemes

              SUMMARY: The gloss will come off the generosity of some defined benefit schemes from July next year. It has escaped the limelight because of its complexity, it’s legacy nature, and the smaller number of Australians who are impacted. But defined benefit super pension income streams weren’t forgotten when […]

Future Fund lessons for self-managed investors

  SUMMARY: Investment returns in your SMSF cannot be viewed in isolation. They need regular review. And a dose of realism. Australia’s single largest superannuation fund missed its target in FY16. Missed it by a bit, too. And the collective knees of the Future Fund’s leadership are quivering. They have a target and on a […]

Living longer is a super problem

Bruce Brammall, 26th October 2016, The Eureka Report  SUMMARY: Lower contribution limits and taxed pensions will be followed by harsher measures in years to come, says survey. Note to all Australians aged about 40 years and over … you have a problem. And it’s big. You didn’t have enough sex when you were younger. Selfish. […]

Super: It’s time to move on

                          I hate to be the crusher of dreams, the strangler of wishful thinking. But I think it’s about time to snuff out some truly false hope. Today, I think I need to do that. To help some SMSF trustees to move on. […]

Superannuation changes set off insurance alarms

  SUMMARY: Insurance inside super from next year will require a re-evaluation. Lower contribution limits have tilted the field. Life insurance inside superannuation has been a relatively simple equation for most Australians. Until now. Current higher contributions limits and the advantages of tax deductibility had meant that, for the majority, it made sense to have […]

Advisor Q&A: Addressing your super challenges

  SUMMARY: Getting extra tax deductions for super, taxable and tax-free quotas under the $1.6m rule … answering more webinar questions. Another great webinar with Eureka Report readers last Thursday. Thanks again for joining in. The questions are fun to answer and in most cases, you present us with challenges. If you wish to watch […]

Super changes reset the TTR clock

                  SUMMARY: The reversion to a $100k annual NCC limit has improved the relevance of transition to retirement strategies. The Government’s backward double twist routine into the “new, new rules” for superannuation have reset the clock on a number of super strategies. This includes transition to retirement […]

A super property alert for SMSF trustees

SUMMARY: Property strategies will need to adapt with new limits in super and pension funds. Here’s how. Last week’s backdown on the $500,000 non-concessional limit will have appeased some. But will have upset others. What now seems certain is that the $1.6 million transfer to pension (TTP) cap is here to stay. And that is […]

Morrison’s super changes still have victims

SUMMARY: Coalition wavers, dumping $500k after-tax cap. But not without creating a few new superannuation victims. Treasurer Scott Morrison has caved to pressure from his backbench on the $500,000 non-concessional superannuation cap, announcing a major restructure of its policy. The $500k NCC limit, which was to be backdated to 2007, will be scrapped. The replacement […]