Public pension schemes are coming under pressure in many countries, raising questions about how people will fund their retirement lifestyles. Here are some steps to future-proof your nest egg.
Retirees may require more than the Age Pension to live comfortably in their older years, and the Australian Federal Budget 2018's expansion of the Pension Loans Scheme makes a reverse mortgage more appealing. However, is it really worth contemplating?
Don't just have a retirement plan, have a financial life plan.
Auditors of self-managed superannuation funds (SMSFs) have been in the regulatory spotlight since 2013, when registration became a requirement under the government’s Stronger Super reforms.
Plans to introduce a three-year audit cycle for compliant self-managed superannuation funds (SMSFs) will fail to reduce compliance costs for trustees and instead could force some auditors out of the market, accounting professionals warn.
An ASIC review highlights that some people are just not suited for self-managed superannuation funds (SMSFs) and the onus is on financial advisers to recognise when this might be the case.
The debate rages on whether self-managed superannuation fund (SMSF) investors would be better off handing over their savings to professional fund managers.
Employers do not have to pay the 9.5 per cent superannuation guarantee to people who earn less than A$450 a month from one employer. Critics say this disadvantages low-income workers or people who work multiple jobs with different employers. Should the threshold be raised, or dropped altogether?
A paradox is emerging in Australian retirement: retirees aren’t spending, even when they can afford to do so.
Experts says cutting audits of self-managed super funds (SMSFs) to once every three years instead of annually is unlikely to cut either costs or red tape and could have serious consequences for the SMSF audit sector.