New annual caps and bring forward rules have replaced the Government's proposed $500,000 lifetime non-concessional contribution cap and there are some key changes you need to be aware of.

The Government's proposed lifetime $500,000 non-concessional contributions (NCC) cap has been replaced with new annual caps and bring forward rules. From 1 July 2017 the key changes are:


What is it? Who does it? And how does it stack up against other styles?

Value investing is buying companies at less than their intrinsic value. The discount of the market price to the intrinsic value is called the “margin of safety”.

For some it’s all about buying shares on low price-to-earnings ratios (PERs); others buy tangible assets for less than their book value.

The term Margin of Safety was first coined by Benjamin Graham, who is largely recognised as the father of value investing. There have been many adopters of this style and approach to investing including famous investors Warren Buffett, Charlie Munger and Seth Klarman, just to name a few. Berkshire Hathaway, the company run by Warren Buffett, is a standout example of the performance of value investing. Had you bought one share for US$19 back in 1964, that one share would now be worth approximately US$223,000.

Less than 20% of retiring individuals and less than 30% of retiring couples aged over 65 are able to retire comfortably. Are you in their number?

The Association of Superannuation Funds of Australia (AFSA) defines a ‘modest’ retirement lifestyle as one which is better than the Age Pension but where the retiree is still only able to afford basic activities. A ‘comfortable’ lifestyle is defined as when a retiree is able to “be involved in a broad range of leisure and recreational activities and to have a good standard of living through the purchase of things such as; household goods, private health insurance, a reasonable car, good clothes, a range of electronic equipment, and domestic and occasionally international holiday travel.” In both cases, it is assumed that the retirees own their own homes outright and are relatively healthy.

The obligations and responsibilities of an executor of an estate are extensive and if inadvertantly mishandled, there can be severe consequences for the executor. Do you want to put a family member or a friend under that pressure?

With the ATO increasing the penalties for compliance mistakes for SMSF’s, now is a good time to make sure you’re doing everything by the book.

The 3 May Federal Budget announcements proposed several changes to super and tax. Whilst some of these changes were expected, there are additional changes to super that may impact your current strategies and how you plan for your retirement.

The Government has been dishing out plenty of good news for small business owners lately, and are now set to slash tax rates as part of its ‘10 year Enterprise Tax Plan’.

This year’s Federal Budget was largely considered to be a benign event for equity markets. We expect lower than usual trading levels.

ASIC currently holds over 970,000 parcels of unclaimed money. Could some of the $1.2billion they hold be rightfully yours?

Have you thought about what will happen to your pets when you pass away? Here’s how to make sure they’ll be ok.

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