This article answer the question that many clients with self managed superannuation funds (SMSF) often ask. That is, what assets can the SMSF acquire? – Acquiring collectibles inside your SMSF
Australians were introduced to credit cards way back in 1974. Since then, we have embraced the plastic-fantastic with much enthusiasm, and why not? Credit cards meant no waiting; purchases went home immediately and were paid-off in monthly instalments – what could be better? Are credit cards the new seniors card?
In recent times a spotlight has been shone on the gender pay gap, resulting in greater awareness of women’s conditions in the workforce. Yet we’re still overlooking how lower wages translate into a retirement savings gender gap.Closing the gender superannuation gap
Of late, there have been several compensation payments made by financial services providers to customers that were inappropriately charged or overcharged for insurance premiums or services they did not receive, etc. Did your super fund receive a compensation payment?
The average 25-year-old has around $10,000 in super, but the decisions you make now, even with relatively small sums of money, could earn you hundreds of thousands of extra dollars over your working life. Super in your 20s. Boring? Doesn’t have to be!