Big changes to the Age Pension Asset Test are coming on 1 January 2017, which is likely to see around 250,000 people have their Age Pension reduced and a further 100,000 lose the pension entirely (Source: www.abc.net.au). Background A bit of background. A person’s Age Pension entitlement is based on an assets and an income […]
Darren Johns is a Finalist in the 2016 AFA Adviser of the Year Awards
We are thrilled to announce that Darren has been selected as one of three finalists for the 2016 AFA Adviser of the Year award. The AFA (Association of Financial Advisers) has been the authentic voice on the value of advice and the AFA Adviser of the Year award promotes a more trusted, robust and diverse […]
Who Gets Your Superannuation When You Die?
Superannuation Background Information Contrary to popular belief, your superannuation is not automatically dealt with by your Will. You don’t own your superannuation. You may control it and have access to withdraw it, but you don’t legally own it. If you don’t own something, it isn’t yours to pass on via your Will. Upon death, it […]
7 Benefits of Buying Investment Property with SMSF (Self Managed Super Fund) Borrowing
If you are drawn to the concept of investing your retirement savings in investment property but don’t have enough saved in super to do so, SMSF Borrowing might be for you. Providing certain conditions are met, a Self Managed Super Fund (SMSF) can borrow to invest in property under a Limited Recourse Borrowing Arrangement (LRBA). […]