Sydney Financial Planners

If you have a Self Managed Super Fund (SMSF), it is very important that you understand your obligations to ensure that you keep on the right side of the ATO and avoid hefty fines. Here are some of the most important facts you should know about running a SMSF: 1. Understand SMSF withdrawal rules Just [...]

New Draft Ruling for SMSF Held Assets -When is a Repair not a Repair? There has always been a lot of debate about whether superannuation funds could make ‘repairs’ or ‘improvements’ to a property acquired under a borrowing arrangement.  Thankfully, the ATO recently released the Draft Self Managed Superannuation Funds Ruling (SMSFR 2011/D1) which seeks [...]

As financial advisors, many people ask as how much money they will need in retirement.  The answer really depends on a number of factors: – what sort of lifestyle do you want in retirement – how many years you expect your retirement funds to last (i.e. how many years after you stop working do you [...]

Since the introduction of SuperChoice in July 2005, Australian workers have had the option to choose where to put their super. Now you have the freedom to choose what to do with your superannuation but are you really taking advantage of this freedom? When you started your current job, it’s likely that you just ticked [...]

With the dismal performance of many superannuation funds over the past 18 months, many Australians are looking at new ways to have greater control over their savings for retirement.  Combining this discontentment with super fund performance with the Australian love affair with property has created the new buzz in saving for retirement – buying property [...]