The 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 MoreEstate planning goes beyond just preparing a will – it's about wealth and assets being protected, preserved, and passed down to your loved ones the way you intended.
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 MoreAdvised Australians enjoy their retirement more than their unadvised counterparts, according to a new report.
Read MoreHappiness means different things to different people, but according to new research, there are some common themes in what brings contentment to older Australians.
Read MoreMore than one million Australians control their own superannuation investments through a self-managed super fund (SMSF), managing over a quarter of Australia’s $3.3 trillion asset pool. If you’re considering joining them, it’s important to first understand what you hope to get out of it.
Read MoreA Special Disability Trust is a trust established by parents and immediate family members for the future care and accommodation needs of a person with a severe disability (principal beneficiary).
Read MoreThis very issue was the subject of a recent private binding ruling (released 25 March 2024). The taxpayer had for a number of years (actual number was redacted in the published ruling) made personal superannuation contributions for which the taxpayer claimed a tax deduction. The actual amount of each of these contributions was not provided in the published ruling.
Support from advisers alongside financial education continues to be an integral driver of older Australians’ contentment in retirement, according to new data from Challenger. The 2024 Challenger Retirement Happiness Index revealed a score of 70 for Australians over the age of 60, citing financial wellbeing as a primary determinant.
Read MoreWith an increasing number of elderly parents living with their adult children is it possible that an adult child of a deceased parent could, on the death of the parent, receive their parent’s superannuation tax free?
A new report has underscored the importance of financial advice in retirement planning and stressed the necessity for both advice and innovative products from superannuation funds in a well-rounded retirement ecosystem.
Read MoreFinancial advisers help Australians with a wide range of financial issues during their lifetime, from budgeting to estate planning and everything in between. We also help Australians to have a more positive outlook, to feel more prepared and secured and to consider reaching out to other wealth professionals if they have a need.
Read MoreAn aging population will drive policy decisions. New forecasts from the Australian Bureau of Statistics (ABS) highlight how quickly our population will age, and investors need to prepare now for the enormous changes that it will bring.
Read MoreFor those who have saved a healthy nest egg, retirement is a dream destination, one where you have loads of free time and zero responsibility.
Read MoreOne of the biggest challenges in investing is the transition into retirement. Walking away from your career requires confidence that you have enough savings to last for the rest of your life.
A person who is eligible for Centrelink or Veterans’ Affairs (DVA) payments is expected to use their own financial resources to support themself so the ability to gift to others without an impact on entitlements may be limited.
Read MoreConcessional contributions are contributions made to a super fund that are not treated as a non-concessional contribution.
Read MoreWhen a person is no longer able to continue living independently in their own home they may need to move into a residential aged care facility or require assistance to remain living in their own home.
Read MoreEstate planning can be complicated for both financial advisers and clients due to legal complexities, financial considerations, and family dynamics just to name a few.
Read MoreRecent Chinese policy announcements have been decidedly market-friendly with the ending of a two-year ban on Australian coal imports, easing up on tech giants and dialling back the stringent “three red lines” that exacerbated a property meltdown. In response, Hong Kong and Chinese mainland equity indices have been among the best performing markets since November last year. The question now is whether this clear shift in policy is likely to fuel a sustained recovery, or should investors remain cautious about conditions in China?
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