The benefits of bringing a younger person into your SMSF
Adding another, younger, person to your self-managed super fund can be a beneficial strategy for some SMSFs.
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Business financial planning is not just about managing cash flow.
Managing cash flow in a small business is critical, but it’s also important to consider other aspects of your finances too.
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The money mistake that could be costing you thousands
With so much information available at the touch of a button, many people think they can forgo the professional fees associated with financial planning advice, and just manage their money and investments themselves. But it can be costly if you don’t know what you’re doing.
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Financial confidence in retirement
Australia’s compulsory super scheme has been around for nearly 30 years. So why do many retirees feel financially insecure?
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Let’s talk about diversification and your SMSF
If you have self-managed super, make sure your superannuation investment strategy is reviewed regularly and any discussions, decisions and changes, including those around insurance are well documented. These are required for audit purposes.
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What’s the difference between a financial planner and an accountant?
A lot of people don’t understand the difference between a financial planner and an accountant. And to be fair, both have complementary skill sets, and in fact, some of their areas of expertise overlap from time to time.
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Insurance – should you purchase cover inside your superannuation or independently?
With the government changes to superannuation looming, changes which mean insurance in an ‘inactive’ super account (one you haven’t made a regular contribution to in 16 months) will be cancelled by 30 June unless you opt to retain it.
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Check your Super – Government changes could affect your insurance
A raft of new changes to superannuation come into effect at the end of this financial year – one in particular affects the insurance cover within your superannuation. As a result of the Royal Commission into Finance and Banking last year, the Federal Government introduced the “Protecting Your Super” package of reforms, which have been passed by Parliament.
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Budgeting – Forecasting the Future with Confidence
As we head into April, most businesses are shifting their focus towards preparing budgets for the new financial year.
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SMEs Retirement
Business advice, tax strategies and financial planning are all key components for working towards a comfortable retirement.
