March 2021 Age Pension Review
Am I receiving the correct age pension? Is a question we get asked quite a lot and it all depends on your situation and whether you are full or part pension recipents. The Increases On 20 March 2021 – the Age and Service Pensions were […]
Granny Flat Arrangements – What to consider?
What is a Granny Flat Arrangement (GFR) Granny flat rights are usually informal family arrangements where a client transfers money, assets or the title of his/her home to a family member (or other person) and in exchange, receives either the right to accommodation for life […]
Understanding Elder Financial Abuse
This article is courtesy of Colonial First State People over the age of 50 and the elderly are particularly vulnerable to mistreatment, from scams and fraud to emotional blackmail and theft, and the impacts can extend beyond financial loss – for example, causing anxiety and […]
Salary Sacrificing to Super
Sacrificing salary to superannuation is a popular strategy used by people looking to increase their retirement savings. In this strategy below we address the steps that need to be followed to ensure a salary sacrifice arrangement is effective. A salary sacrifice arrangement arises where an […]
What to do with an Inheritance
Coming into a large sum of money in the form of an inheritance is not always a time for celebration. If you are receiving an inheritance, it is likely because you have just recently lost a loved one. In time, deciding how to use these […]
Stay in control with a frailty plan
In 2020 we have all had a taste of what it is like to lose some independence and be confined at home. Not able to get out. And not easy to see the doctor or do the groceries without some planning ahead. But what if […]
Scottie’s Insurance Claim
Getting the right cover Scottie and his adviser had been friends since 1999, before Scottie was married or had kids. She encouraged him to take up life insurance.“I initially questioned the need, but my adviser explained that as you get older, insurance is harder to […]
Buffett’s 2020 Performance
** This article is not advice to invest in the following companies, it’s just factual info based on historical performance which is not a reliable indicator of future performance ** 2020 was a tough year for investors even for Warren Buffett himself. Generating returns in […]
What Are Investment Bonds
Why Invest in Investment Bonds? An alternative to super Unlike superannuation, investment bonds do not carry restrictions on withdrawals prior to preservation age, and do not have contribution limits. Longer-term tax benefits When a policy has been held for 10 years or more, withdrawals are […]
Ageing parents and the festive season
As we approach the end of another year, many people will be looking forward to the festive season and the chance to slow down and catch up with family, particularly older parents. Busy lives and distant homes can make it easy to feel out of […]