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Edition: 160

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Edition 160

  • 17 June 2016

Both Assistant Treasurer, Kelly O'Dwyer, and Cabinet Secretary, Arthur Sinodinos, have indicated modifications to the superannuation proposals are possible in the drafting of the enabling legislation. Unfortunately, it's difficult to make plans for retirement when the final form of rules is uncertain.

The $1.6 million cap … an unlucky break for the lucky few

One consequence of the proposed super changes might be that keeping money in super is no longer the best option, especially due to new anti-detriment rules. There are many unexpected consequences now surfacing.

Top 10 hints for SMSF trustees before 30 June

Continuing our series on EOFY strategies, there are many things SMSF trustees should check immediately, with updated comments where relevant on the implications of the budget proposals.

Will roboadvice exterminate traditional advisers?

Roboadvice will increase the size of the advice market and bring vital tools to financial advisers, and while face-to-face advice will always have a role, some rationalisation will occur within the industry.

Digital disruption meets retirement incomes focus

A discussion about the leadership attributes needed to move the superannuation industry from its historical focus on accumulation to that of a whole-of-life approach with an emphasis on retirement outcomes.

Online broking: same game, different players, lower cost

Online brokers have traditionally been more consumer-focussed than their institutional competitors, but developments in fintech are forcing them to adapt and embrace innovation to stay on top of what consumers want.

An interview with Chris Cuffe

Chris Cuffe on gratitude, growing a business, the value of culture and the need for time and patience in investing - he says "Slow money is better than quick money."

Reader question: Are managed funds or LICs better in super or out?

Deciding whether managed funds or listed investment companies go better within super or out of it comes down to an investor's own preferences and situation. This comparison will help explain the differences.

Most viewed in recent weeks

Why have Australian living standards 'fallen' and how do we fix it?

For the last few years there has been much talk of a 'cost-of-living' crisis in Australia and of 'falling living standards'. Lately this has flared up again with the pickup in inflation resulting in a renewed fall in real wages.

Will you run out of money in retirement?

Fear of running out has become a defining retirement anxiety. Why do some retirees die with substantial wealth while others deplete their nest egg? Evidence suggests the answer is more complicated than we think. 

Four options for an income investor’s next dollar

What if Australia’s golden age of dividends is ending? Rather than overhaul your portfolio, it may be worth considering where new capital can work harder. I discuss four income strategies and the trade-offs behind each.

Why spending more in early retirement can improve lifetime income

Conventional wisdom encourages retirees to preserve superannuation. But if those likely to qualify for the Age Pension later in life spend a little more today, it may deliver higher lifetime income and a more stable retirement.

The investment that sidesteps the new tax traps

Tax rules have changed, but many investors are still using yesterday’s strategies. Insurance bonds may offer advantages for those seeking greater control, tax efficiency and certainty about their wealth.

Testamentary trusts have secured the CGT exemption

Treasury’s latest CGT reform draft delivers a win for testamentary trusts and deceased estates, exempting estate-derived gains from the 30% floor. However, questions on death and divorce rollovers remain unresolved.

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