Comments for SuperGuide.com.au

Comment on Super tax alert: Have you counted your super contributions lately? by Trish Power

Trish Power — Mon, 08 Mar 2010 03:43:04 +0000

Hi Andrew
Many thanks for your support of our website, and it’s great to get some insight from the perspective of the employer. I agree with you that the halving of the contribution limits is short-sighted and fails to appreciate that Australians do not lead planned, linear lives. For most Australians, the opportunity to contribute substantial money to a super account during their working lives may last only 5 to 10 years, rather than the 30 years the Government has used as justification for this ill-advised change in policy.
Regards
Trish

Comment on Super tax alert: Have you counted your super contributions lately? by Andrew

Andrew — Fri, 05 Mar 2010 01:43:35 +0000

Hi Trish, enjoy your work and have your various dummies guides as well. Whilst I don’t work in the super industry I work in a HR profession and hence have responsibility for implementing and complying with SG legislation. I have always thought the Age Base Limits were draconian due to the impost of the employer to manage the limits and lose deductibility status for going over these limits. The implementation of Concessional Contribution Caps were a better way forward and easier to understand for most employer and employees however the reduction in these limits at the last budget is extremely short sighted by a government that wants us to save for our retirement. It has also adversely affected some of our employees who have made investment decisions based on legislation i.e. opting out of a DB environment to pursue an AC fund only to be told that they can’t make the full contributions due to the change in limits. What happens when the transitional Concenssional Contribution Caps cease and everyone’s limits because $25k? Surely bearcats should listen to the experts when designing policy not making it up on the run. Is super for the long term not the short term? Great job.

Comment on Choosing a super fund without an adviser by THE SOAPBOX | THE SOAPBOX exclusive: Only 14 truly independent financial advisers in Australia

Tue, 02 Mar 2010 01:20:02 +0000

[...] Choosing a super fund without an adviser [...]

Comment on THE SOAPBOX exclusive: Only 14 truly independent financial advisers in Australia by Trish Power

Trish Power — Mon, 01 Mar 2010 00:24:44 +0000

Hi George
Hopefully it won’t be too long before you’ll only need to take a short walk to find a truly independent financial adviser.
Regards
Trish

Comment on Super tax alert: Have you counted your super contributions lately? by Trish Power

Trish Power — Mon, 01 Mar 2010 00:17:41 +0000

Thankyou for your positive feedback on our website. We’re pleased that you find this article helpful.
Regards
Trish

Comment on Top ten problems with our super system, and how we can fix them by THE SOAPBOX | THE SOAPBOX exclusive: Only 14 truly independent financial advisers in Australia

Sun, 28 Feb 2010 10:20:42 +0000

[...] Top ten problems with our super system, and how we can fix them [...]

Comment on How can a SMSF live forever? by DIY super | SMSF pensions: You stick with the original components

DIY super | SMSF pensions: You stick with the original components — Sun, 28 Feb 2010 10:18:20 +0000

[...] How can a SMSF live forever? [...]

Comment on A comfortable retirement: How much super is enough? by Boost your super | A case study: I’m 53. Is it too late to save for my retirement?

Sun, 28 Feb 2010 10:16:04 +0000

[...] A comfortable retirement: how much super is enough? (this article is updated regularly with new figures) [...]

Comment on Dear Dad: Tax for everything by DIY super | SMSF pensions: You stick with the original components

DIY super | SMSF pensions: You stick with the original components — Sun, 28 Feb 2010 10:15:03 +0000

[...] Dear Dad: Tax for everything [...]

Comment on Starting a TRIP takes planning by Accessing super | SMSF pensions: How do I start one?

Accessing super | SMSF pensions: How do I start one? — Sun, 28 Feb 2010 10:13:58 +0000

[...] Transition-to-retirement pension (TRIP): A TRIP is available to those who have reached preservation age (currently 55) but have not retired from the workforce. You run the TRIP in a similar way to running a regular account-based pension, but you cannot withdraw lump sums from a TRIP (that is, it is a non-commutable pension), and you can withdraw no more than 10% of the account balance each year in pension payments. I explain how TRIPs work in the article Starting a TRIP takes planning. [...]

Comment on Six dangers when seeking super fund advice by THE SOAPBOX | THE SOAPBOX exclusive: Only 14 truly independent financial advisers in Australia

Sun, 28 Feb 2010 10:13:00 +0000

[...] Six dangers when seeking super fund advice [...]

Comment on Super tax alert: Have you counted your super contributions lately? by Jill Stuart

Jill Stuart — Sun, 28 Feb 2010 03:41:42 +0000

Thanks Trish for bringing this very important issue to our notice.
It is unfortunate that the Government and media did not tell us the full story when they presented “this window of importunity”.
We enjoy your Newsletter and find it most informative.
Many thanks again.
Cheers
Jill