Weighing up cash deposits
April 23, 2023 12:00 am Comments Off on Weighing up cash depositsCash in a deposit account doesn't necessarily equate to safety. That's why many investors are shifting to fixed interest securities.
Cash in a deposit account doesn't necessarily equate to safety. That's why many investors are shifting to fixed interest securities.
Here's how long you'd live consuming only this liquid, and nothing else.
The ATO said it is seeing a rise in behaviours which indicate SMSF members may be accessing their funds before meeting the conditions of release.
A new report from AUSIEX shows that in 2022, new SMSF trading accounts were relying more on advice, were increasingly female and favoured a distinct mix of asset classes, securities and sectors.
Proposed changes to superannuation have the potential to reshape the retirement landscape. The objective of super remains the missing ingredient in the mix.
Computer hacking has been around for as long as there have been computers. Once it used to be computer geeks showing the world how smart they were. Now it's become very serious with almost any person, company or Government at risk from these criminal activities.
Couples now need nearly $70,000 per year to achieve a comfortable retirement, while singles need around $50,000 according to an analysis from the ASFA Retirement Standard.
Superannuation bodies have welcomed the government’s draft objective for superannuation, stating it will provide equity in the system and help protect preservation.
Concessional and non-concessional contribution caps are set to stay at $27,500 and $110,000 following the release of the AWOTE figure.