The pros and cons of SMSFs

As at March 2014, there were 528,701 SMSFs in Australia, with a total of $558,553 million worth of assets.[1]There are many compelling reasons why SMSFs are so popular — and equally persuasive reasons as to why they don’t suit everyone. The pros If you’re a keen, experienced investor, with at least $200,000 to invest —…

A super way to insure

An essential part of every financial plan is having personal insurance. But it’s also important to make sure you buy it in a tax-effective way. Benefit from up-front tax concessions If you buy personal insurances such as Life and Total and Permanent Disability through a super fund, you may be able to take advantage of…

To downsize or not?

If you’re an empty nester or retiree who owns their own home, chances are you’ve considered whether it makes sense to downsize your home. While there can be financial — and other — benefits in selling up, it’s important to consider whether it’s the right move for you. The pros Downsizing your home can be…