Government priorities, SMSF investing and admin, Pension Loans Scheme, Large super fund performance
Highlights of the June 2019 edition of the SuperGuide Premium newsletter include:
- WHAT SHOULD BE THE GOVERNMENT PRIORITIES NOW? We ask some of Australia’s super and retirement planning experts, including Graeme Colley, Jeremy Cooper and Noel Whittaker, what they think the federal government should now be focusing on.
- DO LARGE SUPER FUNDS PERFORM BETTER? Janine Mace investigates whether size is important when it comes to super fund performance.
- PENSION LOANS SCHEME: There are big changes being introduced to the PLS from 1 July 2019. Learn more about the scheme and find out whether it could be suitable for you.
- FRANKED DIVIDENDS – WHAT NOW? Thanks to the Federal election, more Australians than ever are now aware of the benefits of franked dividends. If you’re curious how to make the most of them, Barbara Drury has prepared a useful guide.
- SMSF INVESTING: In a suite of articles, Barbara also looks in detail at ETFs, LICs and managed funds, as well as exploring the top ETFs, managed funds, domestic and international shares invested in by SMSFs. In a separate article Graham Hand reminds us how critical it is to factor in inflation when planning your investments, and the importance of real returns.
- SMSF ADMIN: We also have a special section on SMSF administration, with Penny Pryor looking at what trustees need to remember throughout the year. In separate articles Alexandra Cain looks at the decisions trustees need to make through the lifestage of an SMSF, and Janine Mace provides a trustee checklist for 2019/2020.
As we start a new Parliament, we asked some of Australia’s top experts in superannuation and retirement planning what they think the government should be focusing on. Read more
One of the more unlikely outcomes of the recent federal election, apart from the surprise return of the Coalition government, is that many Australians who had never heard of franking credits are now aware of them.Read more
When it comes to choosing a superannuation fund, it’s natural to think that big is better, but does being big really make a super fund better? Read more
Planning your future means making the decision not to let Lady Luck call the shots. Financial planning exists so you can actually experience the future you want to have. Clarity on what you want that future to look like is a pre-requisite. Read more
Choosing a financial adviser is an important decision that can have big consequences. We’ve all seen the horror stories, and while they are rare, it pays to be vigilant and identify warning signs that your adviser may not be acting in your interests. Read more
For many years SuperGuide has regularly received angry emails from readers about their employers not paying their super entitlements and the ATO being unable to help recover the money. Read more
There are a wide range of services available for older Australians. Some of these services are available nationally, while others are specific to the State or Territory where you live. Read more
Superannuation is optional for self-employed Australians, even though it’s compulsory for employees via the 9.5% employer superannuation guarantee. If you’re one of the approximately 10% of Australians who are self-employed, it’s totally up to you to provide for your own retirement. Read more
The number of SMSFs in Australia has continued to rise in recent years, along with average individual member and overall fund balances. The majority of SMSFs have been operating for more than ten years and have corporate trustees, with this structure becoming very popular since 2015. Read more
NEW FINANCIAL YEAR CHANGES
Retirees are always looking for new ways to boost their retirement income or to pay for expenses, like home care. Although downsizing to a small home can be one option, the Pension Loans Scheme (PLS) offered by the federal government is a rarely considered alternative. Read more
From 1 July 2019 changes to the means test treatment of lifetime annuities for the purposes of determining Age Pension entitlements will come into force. These changes were announced in the 2018 Budget and followed a review by the Department of Social Security (DSS). The changes will be grandfathered so that the new means test rules will only apply to lifetime annuities bought from 1 July. Read more
The Protecting Your Super Package of reforms start on 1 July 2019. These reforms are designed to protect your super accounts from being eroded by insurance policy fees and premiums that you may not require, as well as help to consolidate your low balance super accounts. Read more
ETFs and LICs are like managed funds in that your money is pooled with other investors to create a large portfolio of assets which is professionally managed. Read more
Building a well-diversified investment portfolio from the ground up takes time and effort. But the task has become much easier thanks to the rapidly expanding universe of exchange-traded funds (ETFs). Read more
ETFs provide SMSFs with an easy and cost-effective means of gaining exposure to international assets, and other harder-to-access asset classes such as emerging markets. This article includes the 20 most popular ETFs invested in by SMSFs. Read more
Managed funds are an investment scheme where investors opt to have a licensed professional – typically, a fund manager – manage investments on their behalf. This article includes the 20 most popular managed funds invested in by SMSFs. Read more
This article includes the 20 most popular Australian domestic listed securities invested in by SMSFs as at 31 March 2019. Read more
They’re some of the biggest and most dynamic companies in the world but there’s a catch – they’re all based overseas. Australians who want to share in their growth need to invest in international shares listed on overseas stock exchanges. Read more
Cryptocurrencies are a relatively new form of investment that frequently divide opinion. Hundreds of cryptocurrencies exist, but the most well-known are Bitcoin, Ripple and Ethereum. Read more
SMSF investors estimate a +1.4% capital growth expectation for the All Ordinaries Index for the next 12 months, according to the latest Investment Trends’ Investors Intention Index report. Read more
Most of us delude ourselves about our investments. For example, we talk about our winners while the losers sit quietly in the bottom drawer. The biggest delusion is not adjusting rates of return for inflation, using what is known as the real rate. Read more
SMSF trustees have a lot to remember. Along with trustee meetings and minutes, trustees need to keep up to date with current superannuation legislation and review their investments regularly. There are annual returns to lodge, auditor reports to arrange and actuarial reports to book as well if your SMSF is paying a certain kind of pension. Read more
Self-managed super funds (SMSFs) are not a set-and-forget proposition. They require constant tweaking at different life stages to ensure they still suit members’ retirement needs. Here, we explore some of the factors trustees should consider as members progress through their lives. Read more
The past few years have seen SMSF trustees kept busy implementing numerous legislative modifications to the super system, plus the major reform package commencing on 1 July 2017. Unfortunately, this financial year seems unlikely to be any different. Read more
This article analyses the cost-effectiveness of SMSFs for small, medium or large fund balances, examining both set-up costs and running costs. Read more
SMSF trustees are legally obliged to have their fund audited by an independent SMSF auditor to ensure their ongoing compliance with Australian super legislation. The ATO can impose a range of penalties for non-compliance, depending on the seriousness of the breach. Read more