The decision made by voters in the United Kingdom (UK) last week to leave the European Union (EU) – known as Brexit – has had an immediate and momentous impact on financial markets across the globe. The UK leaving the EU is one of the […]
A reduction in concessional contribution caps, the lowering of the Division 293 tax threshold, capping tax-free assets in retirement and a lifetime limit for non-concessional contributions are just some of the changes that were in the Government Budget announcements this year to impact superannuation. These […]
Knowledge of life insurance offers is the biggest barrier to self managed super fund members taking it up within their fund, said AIA Australia. AIA Australia surveyed approximately 400 advisers on the knowledge and take-up of life insurance within the self managed super fund (SMSF) […]
The latest Australian Taxation Office (ATO) superannuation statistics have shown the self-managed super funds (SMSFs) are now the most cost-effective retirement savings vehicles in the country. The figures, released yesterday, revealed a fee base of 0.25 per cent applies to just over one third […]
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