Self Managed Super Fund… Is It Time To Make The Move? by Dixon Financial Group
lemaster • December 9, 2016
The days when most people invested their Superannuation in Industry or Retail Super Funds – allowing Fund Managers to make investment decisions on their behalf – are slowly becoming a thing of the past.
With a Self Managed Super Fund , you can be in total control of the way your Super benefit is invested. If you’re disappointed with your Super Fund’s performance, if you would like to have a bigger say about the way in which your hard-earned Super dollars are invested or if you’d like to transfer other assets into your Super fund (such as property, shares or term deposits), a Self Managed Super Fund may be just the solution you’re after.
Whatever the reason, now may be the time to consider changing the way your Super Fund is managed. If you’d like to find out about your options, give DIXON FINANCIAL GROUP a call on 9721 4422 today.
You’ll hear from guest speaker Romano Sala Tenna, Portfolio Manager from Katana Asset Management, who will be giving his projected market overview for the next year. Also speaking will be Mark Dias from Challenger who will share his tips on Aged Care – a must hear if you or your parents are over the age of 80. Special Guest: Sean "Polly" Pollard - Shark attack survivor to winter Paralympian. Taking the audience through some of the biggest and life changing events that he has been through, Sean delivers an inspiring presentation. Please RSVP your attendance to renae@dixonfg.com.au or by calling 9721 4422.
Funds promoted as ethical or socially responsible investment in Australia have more than quadrupled in size over the past three years to $622 billion under management, with returns keeping pace with mainstream investment vehicles. Click here to read the full article by Chris Pash that was published by Business Insider Australia.
In this article, Bryan Ashenden explains what generally happens to your super in the event of a divorce or the breakdown of a de facto relationship. Special attention is given to the additional considerations that have to be made by members of a Self-Managed Super Fund. Click here to read the full article that was published on the Switzer Daily website.
Key extracts: Over the medium term, net Commonwealth debt is projected to be $108 billion (3.8 per cent of GDP) in 2028-29. Net Commonwealth debt has been climbing since the global financial crisis. The government claims to have "turned the corner" on debt and deficit, but the improvement will depend on some optimistic forecasts. Almost $125 million for about 2000 additional student places across three regional universities. $500 million over seven years for the Great Barrier Reef to improve water quality and address other environmental concerns. $5.3 million a year from 2018-19 for a new heritage grants program, bringing together existing heritage funding to help protect heritage places. 14,000 additional home care packages for older people with high-level needs - part of a $5 billion increase in aged care spending over four years. Click here to view the full article which was published on The Sydney Morning Herald's website.
Market sell-offs are dramatic, writes MFS Investment Management's James Swanson – but they can also create opportunities for savvy investors. Click here to view the full article which was published on InvestorDaily's website.
SMSF investors with a high concentration of bank and high dividend stocks have been urged to diversify their exposure, with some of these stocks expected to face headwinds this year, according to an online trading platform. Click here to view the full article by Miranda Brownlee , which was published by SMSF Adviser.
"As a result of these changes, travel expenditure incurred by individual investors inspecting and maintaining residential investment properties is no longer deductible," Ms Wang said. The solicitor noted that the verdict on SMSF property travel deduction was the result of individual SMSFs' abuse of the system. Quoting the Treasury Laws Amendment Bill 2017, Ms Wang said: "The position taken was that by disallowing travel expenditure incurred by individual investors, it would combat the 'widespread abuse around excessive travel expense claims relating to residential investment properties' in order to 'improve the integrity of the tax by addressing the systematic risk of excessive and incorrect claims for travel expenses associated with residential investment properties'." Click here to view the full article by Lucy Dean , which was published on Nestegg's website.
David Wright, Managing Partner and joint founder of Zenith Investment Partners, is of the opinion that passively managed portfolios could be hit especially hard in the event of a market downturn. Click here to read Tim Stewarts' article, "Zenith warns against investor ‘apathy’", that was published by InvestorDaily.
Click here to read Scott Phillips' article, " Time to buy mining shares and dump insurance stocks? Not so fast ", that was published in the Sydney Morning Herald.
Most Australians procrastinate preparing for retirement, according to the Retirement Readiness Report. Click here to view the full article by Oksana Patron, published on Money Management's website.