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Tag: SMSF/LRBAs

Crunching SMSF returns for FY18

Bruce Brammall, 25 July, 2018, Eureka Report SUMMARY: A positive year all all asset classes. How did you perform as SMSF investment manager? Did you beat 8.25%? Nothing blew anything out of the park, but it was a solid year across investment markets. You should have every reason to smile. Unlike last year, when fixed […]

Beware SMSF property sharks

Bruce Brammall, 18 July, 2018, Eureka Report     SUMMARY: Property and gearing are on the nose, but it doesn’t mean good property isn’t the right solution for savvy investors. When it comes to superannuation, we’re all aware now that when the tide turns, it can happen quickly. Government decisions to reduce contribution limits are […]

The super deadline is now

Bruce Brammall, 20 June, 2018, Eureka Report   SUMMARY: Grand final time for superannuation contributions. Are you ready? The traditional cold sweats/mad panics of the back-end of June have passed by now. For so many, in so many aspects of your financial life – business, personal and SMSF – you should have been looking for those last-minute […]

A new SMSF viability threshold

Bruce Brammall, 13 June, 2018, Eureka Report SUMMARY: Is $1 million the new “viability threshold” for a SMSF? I’m going to start with what I hope is an unarguable fact: Many SMSFs should never have been set up in the first place. I don’t know for certain what the actual percentage would be. I would […]

The small business super conundrum

Bruce Brammall, 23 May, 2018, Eureka Report     SUMMARY: Could the government force business owners to pay themselves super? Not likely. But it’s more than a thought bubble. Running your own business can be a tough gig, particularly in the early years when building reliable cashflow. Administration, management, red tape and constant cost pressures […]

A licence to live the good life

Bruce Brammall, 6 June, 2018, Eureka Report       SUMMARY: Spending needs in retirement might not be as high as first thought. But that doesn’t mean YOU shouldn’t aim high. I hope my parents manage to blow their last $100 on their death beds a few minutes before the last of them falls off […]

A mixed bag for SMSFs

Bruce Brammall, 30 May, 2018, Eureka Report   SUMMARY: Productivity Commission turns up heat on super, but finds little to complain about with SMSF sector. Further structural overhauling of superannuation looks certain after the Productivity Commission’s highly critical report on the industry’s efficiency. Some radical suggestions include only allowing one default fund per member for […]

The perils of ‘opt-in’ insurance

Bruce Brammall, 16 May, 2018, Eureka Report   SUMMARY: “Life insurance” is not a dirty term. It’s an important part of our super landscape. Canberra needs to think, very carefully. I was very close to hiring a “fresh-off-the-boat” Englishman as a financial advisor, about seven years ago. His experience with Australian superannuation was minimal. But […]

The invisible super victims

Bruce Brammall, 9 May, 2018, Eureka Report               SUMMARY: Superannuation and the Federal Budget 2018. What do you need to be aware of? Every Federal Budget means you have to make fundamental changes to your superannuation strategies. Right? No-changes-to-superannuation Budgets don’t exist, do they? Governments don’t let a Budget […]

Two sides to the Super Guarantee coin

Bruce Brammall, 2 May, 2018, Eureka Report SUMMARY: Is the move to 12% Superannuation Guarantee in danger? And six member SMSF legislation on the way. One of superannuation’s “universal truths” seems to be imploding. Looks like it might tear completely off the bone, like a season-ending ACL injury. The notion that the nation needs to […]