Risk management is a significant factor when establishing your investment strategy. Many of us have either experienced or heard stories of share market ‘crashes’. So how do we deal with the risks and volatility inherent in share investing? Diversification It’s not always a great idea to put all your eggs in one basket by investing…
The Federal Government announced in its 2018/19 May Budget that on 1 July 2019, superannuation funds will be mandated to remove life insurance for members under the age of 25 and for those whose account balances are under $6,000. Only a few weeks later, the Superannuation Productivity Commission supported the measure in its draft report.…
Some of the most significant changes last year were felt the most by those with high balances in their funds, and employees who salary sacrifice into super. The ‘transfer balance cap’ was introduced from 1 July 2017 limiting the amount that could be transferred to a retirement phase income stream to $1.6 million. Amounts over…