Retirement planning

Retirement planning covers how much superannuation is enough, planning for retirement, starting an income stream, claiming the Age Pension, making contributions while receiving a pension from a super fund, estate planning and looking after your family.

Below are some of our key Retirement Planning articles:

Set out below are all SuperGuide articles explaining Retirement planning.

Financial advice: Only 43 independent financial advisers in Australia

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Note: This article is updated regularly when new financial advisers join the independence club (latest update October 2014). A financial adviser does not have to be a member of the IFAAA to join the SuperGuide list, provided they can declare that they satisfy the requirements of being an independent … [Read more...]

Guest contributor: How to spot an independent financial adviser

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Just because a financial planner’s business card doesn’t display the logo of a bank or insurance company doesn’t mean he or she is independent. Last month Roy Morgan Research surveyed 40,000 people on the perceived independence of their financial planner. It turns out that a disturbing number are … [Read more...]

Super fees: Top 10 cheapest funds in Australia

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Note: This article contains the latest available fee information as at September 2014. In this article you can find the cheapest super funds and the cheapest pension funds. We update this article periodically with fee data issued by SelectingSuper rating company. Latest update was September 2014, … [Read more...]

Superannuation Guarantee increased to 9.5% for 2014/2015 year, then stalls for 7 years

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From 1 July 2014, the Superannuation Guarantee rate increased to 9.5% (from the 9.25% that applies for the 2013/2014 year). Based on new laws, the SG rate will remain at 9.5% for 7 years, increasing to 10% from July 2021, and eventually to 12% from July 2025 (see table below). Superannuation … [Read more...]

Liberals slow down SG increase until July 2025

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Note: From 1 July 2014, the Superannuation Guarantee rate increased to 9.5% (from the 9.25% that applies for the 2013/2014 year). Due to recent changes in the law, the SG rate will remain at 9.5% for 7 years, increasing to 10% from July 2021, and eventually to 12% from July 2025. See table near end … [Read more...]

Great news! Seniors Health Card income thresholds increased, finally

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Effective since 20 September 2014, the income test thresholds for the Commonwealth Seniors Health Card (CSHC) have increased for the time in 13 years. The new indexed income test thresholds appear later in the article. The CSHC is available to retirees who are not eligible for the Age Pension, … [Read more...]

Super funds gain 1% for month of August 2014

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The median superannuation growth fund gained 1% in value for the month of August 2014 (following 1.2% for July, and reinforcing the strong return of 12.8% for the 2013/2014 year), according to rating company Chant West. Listed shares and property, in particular global shares and property, delivered … [Read more...]

Divorce and superannuation: Who gets what?

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Q: I am at the end of a divorce/property settlement. My ex has agreed to give me my share of his super. Does this have to go into a superannuation fund or can he transfer it to me in some other way? And can you please explain how super should be treated when a divorce happens, because it has been … [Read more...]

Age Pension: Deemed income falls again with lower rates and higher thresholds

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If you own financial investments and receive the Age Pension, or you hope to claim the Age Pension, then you need to be aware of a recent change to the deeming thresholds for the Age Pension income test, and another relatively recent change to the deeming rates applicable to financial investments. … [Read more...]

SMSF investment: Franked dividends lose some shine from 1 July 2015

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The Liberal government has committed to reducing company tax to 28.5%, effective from 1 July 2015 (subject to legislation). If the company tax rate drops to 28.5%, so does the level of franking credits linked to Australian company dividends. The policy to cut company tax was originally linked to … [Read more...]