Despite recent sentiment about using super as a band aid for Australia’s housing crisis, the original intention of the scheme was to provide funds for those in retirement and reduce reliance on the age pension. Australians have accumulated a total of $3.9 trillion in superannuation assets (June 2024).
Read MoreThe intergenerational wealth transfer will see many assets bequeathed. Most of these assets won’t be cash. Share portfolios are a common way that beneficiaries will receive assets – especially when the owner is an income investor that is living off dividends without drawing down on the capital of the portfolio.
Read MoreThe intergenerational wealth transfer will see many assets bequeathed. Most of these assets won’t be cash. Share portfolios are a common way that beneficiaries will receive assets – especially when the owner is an income investor that is living off dividends without drawing down on the capital of the portfolio.
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