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Showing 541 - 550 of 691 results for "Children"

Help for advisers with super death tax impact on SMSFs

ALISON BEVEGE  |  WEDNESDAY, 17 AUG 2011
... liabilities to be imposed on the sale of real estate, especially since property held outside an SMSF and left to adult children in a will is exempt from CGT under certain conditions. SMSF specialist firm, The SMSF Academy is running a one-hour webinar ...

SMSFs can use tax rule to save thousands conference told

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
... upon the death of the member. The balance reverts to the accumulation phase if there are no dependents such as when the children are adults and there is no dependent spouse. The ruling also imposes capital gains tax liabilities on the sale of assets ...

SMSF body moves against super death tax

ALISON BEVEGE  |  TUESDAY, 26 JUL 2011
... But under the new draft ruling beneficiaries who are not considered financial dependents under tax law - such as adult children - may end up out of pocket if the real estate is held in an SMSF. This is because they are not eligible to receive a reversionary ...

Older people seek more financial advice

ALISON BEVEGE  |  WEDNESDAY, 20 JUL 2011
... adviser at financial planning firm Mentor1, said his business deals with many people aged 35-50 who have a mortgage and children. "They seek advice because they're worried something might happen," he said. "They seek insurance and they use their super ...

Sunsuper overhauls insurance in favour of women

MATT WOODINGTON  |  TUESDAY, 5 JUL 2011
... flexible insurance cover to incorporate different lifecycle events, such as buying a house, getting married or having children. Sunsuper has built in the ability for members to increase insurance when those events take place. Members aged between 22 ...

Budget tweak to SMSF rules

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... Cavendish Superannuation, said a little-known anomaly in the laws governing superannuation funds had been fixed. Until now, children were unable to have a parent or guardian act in their place as a corporate trustee in a self-managed fund (SMSF) They ...

Budget 2011: minor investors cut short

ELISE BURGESS  |  WEDNESDAY, 11 MAY 2011
... after the federal budget has shut down minor access to the Low Income Tax Offset (LITO). As part of the budget, minors, children under the age of 18, will no longer be able to access the LITO to reduce tax payable on unearned income such as dividends ...

China's HNWs hold $1.2tr

ALEX DUNNIN  |  WEDNESDAY, 11 MAY 2011
... these HNW Chinese are first generation wealthy individuals. This suggests economic stability and providing for their children's education and inheritance are their major objectives, they said. Foreign wealth managers seeking to access this capital should ...

Talent shortage needs attention

ELISE BURGESS  |  THURSDAY, 5 MAY 2011
... start accommodating the different demands that some women face, which includes having flexible hours if they do have children to allow them to stay and contribute to the company while still raising a family. "This could be job share, running three or ...

Dealer groups miss commissions

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
... reports in the past week have highlighted cases where people were charged for insurance they did not need, including children with negative superannuation account balances. Research house Rice Warner has said 26 per cent of dormant superannuation accounts ...