Good investment habits versus damaging biases
In a low-interest, lower-return, more-volatile investment environment, investors have an even greater incentive to keep wealth-damaging behavioural traits or biases under control.
Categories for Financial Planning News
Control considerations flagged with death benefit pensions for children
When starting retirement phase pension accounts, SMSF professionals and their clients should think carefully about how it might impact the amount of death benefit pension that their children will be able to receive, says a technical expert.
Interest rate for SMSF loans set to rise under safe harbour terms
Despite the recent cut to official interest rates, an update in the ATO’s superannuation rates and thresholds indicates that the minimum interest rate for SMSF loans under the safe harbour terms will increase for the 2019–20 financial year.
Recession on our mind
When do we know for certain that we are on a path toward recession and that what we are experiencing is not simply a reversion to trend? How can investors prepare?
What it will take to close the super gap between men and women
There’s a lot of talk about in how to close the super gap between men and women, with women often retiring with far less than men.
Australia – How are we going as 2018-19 ends?
One great source of data about Australia. Become better acquainted with the country we... View Article
LRBAs, guarantees in need of review after property market falls
With property markets taking a tumble in recent times, some SMSF clients may need to review the loan arrangements and guarantees they have, particularly where the loan-to-value ratio has significantly dropped, says an industry lawyer.
Average age for establishing SMSFs sitting at 48.9: Report
The latest SMSF Benchmark Report from Class indicates that there is a continuing trend... View Article
ATO updates valuation guidelines for pension reporting
The ATO has updated its valuation guidelines in order to clarify when a reasonable estimate can be used for valuing pension assets when reporting to the ATO.
ATO figures show jump in starting balances for SMSFs
The ATO’s statistical overview of SMSFs for the 2016–17 financial year indicates that funds that were established that year had assets of just over $500,000 on average, a substantial increase from the previous year.
