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Managed Funds

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When you invest in a managed fund, your money is pooled together with other investors. An investment manager will then buy and sell shares, or other assets on your behalf. Instead of purchasing assets directly, you buy and sell ‘units’ in the managed fund. The value of the units in the fund will fluctuate with the value of the underlying assets. Some managed funds will also pay ‘distributions’ or income.

Dollar-cost averaging

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ollar-cost averaging is a strategy of making regular incremental investments over a period of time instead of a one-off lump sum investment. This involves a continuous investment of the same amount of money into the same fund, usually at a fixed monthly, quarterly, or annually rate - regardless of the investment’s ever-changing price levels.

Investing on behalf of your child

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While not necessary, investing on behalf of a child can make a huge difference in their future. However, investing for your child can be quite complex. It is important to understand who is responsible for paying tax on the investment, and what tax rates apply - especially with the punitive tax rates for minors in Australia.

Investing through a managed account

A managed account is a portfolio of stocks and/or bonds that is owned by an investor, however managed by somebody else such as a professional investment manager. While the investor has ownership of the account, the investment manager is hired to oversee the account and make trading decisions. 

Family Trusts

To understand what a family trust is, it is useful to know what trusts are in general. According to the Australian Taxation Office, a trust is an “obligation imposed on a person or other entity to hold property for the benefit of beneficiaries”. 

Overseas Pension Transfers

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If you are wanting to transfer your retirement savings accumulated working overseas to Australia, it is important to first understand eligibility and rules surrounding overseas pension transfers. 

Redraw Facilities

Once you get into the flow of paying your first mortgage, you may want to make a one-off additional payment from time to time when you have the extra cash flow - or even start making regular payments higher than the minimum. This would allow you to pay off your home loan sooner and decrease the amount of interest paid over the life of your loan.

Time To Check Your Income Protection Cover

Income protection has been available in Australia for over three decades and has grown into a multi-billion dollar industry. However, the income protection industry has been hit by a total of $3.4 billion in losses over the last five years.

Insurance in Super

In Australia, it is common to have insurance included through your super. If you want to review your insurance, you can check if you are covered through your super fund. There are three types of life insurance that super funds usually offer their members...

Key Person Insurance For Your Business

A key person insurance will give a monthly benefit to a business for up to a year in the circumstances that the owner or key person is incapable of working due to illness or injury. This benefit will help with the ongoing expenses of the business.

2021-2022 Federal Budget

In response to COVID-19 last year, Australia kept infections, hospitalisations and deaths low in comparison to most other countries. During this time, the Government had to take important measures during the first recession in almost 30 years. The economy has greatly recovered since the COVID-19 recession and is set to return to pre-pandemic levels soon.

Exchange-Traded Funds (ETFs)

ETFs are an easy and low-cost way to earn a return and diversify your investments. You are able to sell units in ETFs through a stockbroker. In Australia, ETFs are commonly ‘passive’ investments, which means they do not try to outperform the market.

Small Business Capital Gains Tax Concessions

If you sell a capital asset, such as real estate or shares, you usually make a capital gain or a capital loss. This is the difference between what it costs you to acquire the asset and what you receive when you dispose of it. A capital gains tax (CGT) is the tax you pay on the profit you receive when you sell an asset or investment.

Salary Packaging

salary packaging

Salary packaging is using part of your salary to pay for certain expenses before your income tax. This may benefit you as it can reduce your taxable income.

Business Succession and Funding

business succession planning

What is a business succession plan? A business succession plan is in place to protect the continuity of a business should an owner or key person leave through choice, illness, accident or death.

Tax Time

What deductions can you claim during tax time? With tax time approaching, it can be a headache to process your taxes and claim your deductions. Paying tax on your income is something everyone has to do, especially when you earn money from work and investments.

Business Expense Insurance?

As someone who is self-employed or running a small business, business expense insurance makes sure that the fixed costs of your business will still be paid in times when you cannot work due to illness or injury.

End of Financial Year Super Strategies

The end of the financial year is an ideal time to get your super working smarter so you can save more for retirement. Many people tend not to worry about their superannuation at a young age, however to have enough for retirement, it is important to think about it earlier on.

Consolidating Super Funds

puzzles to symbolise joining supers

What does consolidating your super mean? To consolidate your super is to move all your super into one account. Before consolidating your super, pick the best super fund to suit your needs. Transferring all your super into one fund can be done for free in a few easy steps. Why […]

Home Downsizer Contributions

home downsizer

If you are 65 years of age or older, you can boost your retirement savings by contributing up to $300,000 into your super using money from the sale of your main residence. This is a tax-free contribution.

Non-concessional Contributions

Non-concessional contributions are super contributions that are from your after-tax income, and not taxed into your super fund. So, What types of non-concessional contributions are there?

Trauma Insurance

Also known as ‘critical illness’ or ‘recovery insurance’, trauma insurance pays a lump sum amount if you are dealing with a critical illness or serious injury.

Splitting Superannuation Contribution

Did you know you can split superannuation contributions with your spouse? Splitting superannuation contributions with your spouse helps to increase retirement savings in your spouse’s name.

First Home Super Saver Scheme

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The First Home Super Saver (FHSS) Scheme is a scheme introduced by the Australian Government to help reduce pressure on housing affordability. The scheme helps first time buyers save money for your first home inside your super fund.

Re-contribution Strategy

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Using a re-contribution strategy with your super savings can seem quite complex. However, it’s easier than it sounds if you have the right support. When it comes to re-contribution strategy, you withdraw the taxable component of your superannuation and re-contribute the amount as a non-concessional contribution.