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WHAT IS TRANSITION TO RETIREMENT STRATEGY?

By | Retirement | No Comments
Have you heard of the transition to retirement strategy or income stream? Many pre-retirees have and many are unsure just what it means. For Australians looking to reduce their working hours slowly and ease into retirement, the transition to retirement strategy is perfect. Basically, it provides a way to continue working while drawing down some of your superannuation benefits. The...
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ARE SMSF’S FOR EVERYONE

By | SMSF | No Comments
Self-managed super funds (SMSFs) have continued to grow in popularity with Aussies looking to save for retirement, but are they for everyone? While the increasing number of new trustees would have you believe that most people are establishing an SMSF, it’s not the best vehicle for everyone to prepare for retirement. SMSFs are popular with those looking for greater flexibility...
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CHANGES TO AGE PENSION

By | Pension | No Comments
Some 400,000 retirees are set to receive a reduced pension or be completely cut off as a result of changes to the Aged Pension Assets Test. The measure will reportedly recover $2.4 billion over the next four years and commences in earnest on 1 January 2017. Just under 92,000 self-funded retirees are said to lose all entitlement to the part pension...
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