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| | | ... so. Younger members from 40- to 60-years-old who are likely to hit $3 million currently wonder if they should keep putting money into super. "If they do [get to $3 million] and they've done it by making lots of extra concessional contributions or ... |
| | | | ... their SMSF, appreciating they are a genuine platform for their retirement savings strategy. For those who opt to take their money out of superannuation because of this change, Heffron flagged issues that must be considered including the impact of large ... |
| | | | ... savings system, Taylor emphasised the need to give Australians choice and flexibility with respect to how they invest their money, the risk profile undertaken and whether they opt for an industry fund or establish an SMSF. "Retirement is an individual ... |
| | | | ... forget" habits, she said, and love gamification. "They live technology-driven savings where they don't actually see the money," Hurley said. "Younger generations respond well to competitive forces. "So, if they see their friends achieving certain ... |
| | | | The Australian Taxation Office is cracking down on illegal early access to SMSF money, particularly targeting new entrants to the sector who are the main culprits. New analysis from the tax office released at the SMSF Association National Conference ... |
| | | | ... best placed to create investment strategies for their members." "SMC supports retirement solutions that balance the risk of money running out, flexibility and sustainable income but this solution will vary between funds," it said. "Therefore, a standardised ... |
| | | | ... 10. According to Shine Lawyers' practice leader Hadi Boustani, up to 500,000 Rest members may be affected. "This was money down the drain for fund members who paid a premium for no benefit," Boustani said. "As a result, we're seeking compensation ... |
| | | | ... retirement; only 12% were "very confident". Men tend to be more confident than women when it comes to managing their retirement money - 39% compared to 37% respectively. FSC chief executive Blake Briggs said there is significant risk for the government ... |
| | | | ... that stood by Commonwealth Bank workers and can finally see them win justice," she said. "Wage theft robs working people of money they are rightfully owed and denies them the ability to buy the necessities they need to live. This is real money owed to ... |
| | | | ... He has previously been banned from providing financial services by ASIC; in 2015 - after he had already started sourcing money from investors in this current scheme - another Paladin company Hodgson was director of was found to have failed its obligations ... |
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