ThreeSixty Research Market Update – October 2013

SEPTEMBER MARKET PERFORMANCE The Pulse Europe, Japan and China continuing to gain traction Election of Coalition Government and Lower Interest Rates improving Australian Business and Consumer Confidence Australian residential housing shows further upward momentum Global economies In global economies last month, manufacturing data continued to show signs of improvement. The improved data out the…

Challenging Life Insurance for SMSFs

Legislative changes confuse 500,000 insured Australians using self-managed superannuation fund. Still, huge growth in SMSF retirement savings continues. Hence, TAL’s David Glen said clients and advisers must work together to determine what would provide best for life insurance needs: SMSF, retail superannuation or outside superannuation.   Thorough knowledge on SMSF use in investment and tax…

Personal Insurance in Super – Its your choice?

Did you know that tailored personal insurance super structuring can give you a greater choice and affordability of your life Insurance and Income Protection? If you have known about this before yet have doubts about the possible benefits, then now is the time you consider it seriously. In the past, you only had the choice…

Best interest duty – Life Insurance in Super?

With the move of the legislative to preserve the best interest duties of financial advisers beginning July 1, 2013, it’s no longer enough for these advisers to recommend holding life insurance in super based on funding efficiency alone. However, according to Martin Breckon, the technical services manager at IOOF Holdings Ltd, some issues have to…

SMSF New Compliance Requirements

Self-Managed Superannuation Funds represent the fastest growing segment within Superannuation – the average SMSF now has $964,000 in assets. People are choosing SMSF for the following key reasons Having control over there Super Investments and their own retirement destiny Flexibility and investment choices Ability to purchase property and even borrow under some circumstances Able to…