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Tag: Superannuation

Why compulsory annuities won’t suit SMSFs

PORTFOLIO POINT: The spectre of compulsory super annuities is increasing. And I don’t think SMSF trustees will be too thrilled. A considerable number of voices believe it’s one of the last great reforms needed to get Australia’s superannuation system up to world’s best. Compulsory annuities. When you hit retirement age – or some defined qualifying […]

A tax take on pension fund investing

PORTFOLIO POINT: If you no longer had to pay tax, would it change the way you invested? Taxation distorts decision making when it comes to investments. Taxation distorts a lot of things, including my face when I see my quarterly BAS/IAS. Tax law can channel investment down one path or another. It can promote or […]

Seven deadly super sins

HEADLINE PORTFOLIO POINT: SMSFs open up a new legal world to trustees – and there’s a lot of rookie mistakes to avoid. Here’s seven of the biggest do’s and don’ts. The purpose of superannuation is to provide retirement benefits to members. And you would think that there is no group more interested in providing these […]

A single pot strategy

PORTFOLIO POINT: If you’re over 50, do you treat your super and non-super assets as two pots or one for asset allocation? Here’s an argument for the singular. Simply, the rules are different. Superannuation has one set of rules and taxation consequences. And your “normal” investments have another set of tax rules. For example, superannuation […]

Super property bells ring louder

PORTFOLIO POINT: Property gearing in SMSFs seems to be here to stay, but beware. Plus: Roger Montgomery, I accept your challenge. At the time, it was one of the biggest surprise decisions to have ever occurred to the superannuation industry. In September 2007 – nearly six years ago – the rules were changed to allow […]

How super is your return?

PORTFOLIO POINT: How well did you do your job as SMSF investment manager last year? You needed to beat 14.81%. Unless you were still bunkered down in the ultra-defensive end of the investment world, the financial year ended 30 June should have been a good one for you. A ripper of a year for Australian […]

Powering up the pension

PORTFOLIO POINT: Many pensioners are facing massive increases in the minimum super pensions they draw this year. Here’s how you can deal with it. Hands up if you want more income? It sounds like a rhetorical question, with the logical answer being everyone. Not so. Many readers will be forced to take dramatic rises in […]

Switching super funds may seem like a good idea to some, but is it worth the hassle?

Hey, just how bad can a super fund be?  Believe me, you have no idea. Some super funds from the 80s and early 90s are nothing short of criminal. Yes, criminal. I’ll go one step further. Some 80s superannuation executives should be awaiting their final meal on death row for crimes against their customers, a […]

Super: What the Coalition will do

PORTFOLIO POINT: The coalition’s plans for super will require adjustments to your contributions strategy. Plus, is the new super pensions tax dead? If anyone was in any doubt that superannuation is a political football, then Thursday last week should have ended that. The Coalition’s Budget-in-reply confirmed that no matter how much “fairer” the Government might […]