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.
The question most often posed to financial planners and accountants is: ‘How much money will I need to retire?’ The answer is not simple. But there is a basic formula for success. And that is, to plan your retirement well in advance.
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.
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.
Business advice, tax strategies and financial planning are all key components for working towards a comfortable retirement.
An SMSF can give your business extra firepower and also set you up for retirement. But it needs to be managed very carefully. It’s a key asset and so its vital you check that its directing its funds in the right place
When it comes to meeting your financial goals, how well your investments perform is out of your control – but who manages those investments is.
Paul Rattray from ATB Chartered Accountants discusses the importance of having a New Year’s Resolution for your financial future
Despite the benefits financial planning can have, it might not always be a priority for some people. But what are the key reasons behind this?
Choosing a financial planner can be a surprisingly complex task. It involves careful consideration