March 2021 newsletter

The transfer balance cap limits the amount you can transfer from your super savings into a tax-free pension. The cap is currently $2m but you may have a different cap depending on when you started a pension.

An increased Transfer Balance Cap creates opportunities to transfer more into the tax-free retirement phase and contribute more to super but beware the fine print!

It’s possible to reduce or even eliminate the amount of tax your fund pays on asset sales with these simple strategies.

Default MySuper funds have been undergoing a makeover in recent years, with performance under the microscope and fees falling.

Super funds built on their strong start to the new financial year with a 1.3% return in August, with Chant West estimating the median Growth fund is up 3.2% over the two-and-a-half months to mid-September.

They are easy to use, cheap and growing in number. So how are SMSFs using ETFs and what’s stopping more of them from following the trend?

Deciding to run two or more SMSFs has both pros and cons, so you need to weigh them carefully and ensure it’s the right strategy for your personal situation.

Bad financial advisers are thankfully the exception rather than the rule, but they do exist so it pays to be aware of some common red flags.

To understand how much income you will need to fund your desired retirement lifestyle, first you need to work out how much you are likely to spend. Here’s how.

Without knowing how long we will live, retirement income planning is difficult, to say the least. This calculator provides a personalised estimate, depending on your health and other factors.

Our Age Pension calculator gives you an estimate of your potential Age Pension entitlements based on your situation, assets and income.

A common question for those nearing or in retirement is “How much can a pensioner earn before it affects the pension?”.

This article details the rules and limits of the Age Pension assets test (how much your savings and other assets are worth), which is one half of the means test (along with the income test) that determines how much Age Pension you could be eligible for.