Although the recently announced budget is currently just a proposal, if the changes are passed they have far reaching planning implications. Most established financial plans will need to be revised to adapt to the changes and new thinking will be needed to prosper from them.
The following is a short article written by Yield Financial Planning Managing Direct James McFall discussing some of the reasons why a Self Managed Super Fund might be an appropriate, or inappropriate, option for you.
The following is a case study of clients we helped transition into retirement by providing clarity around how their financial position could look in retirement, along with analysing options on how they could structure their assets for their retirement. Ultimately, this lead to eligibility to the Centrelink Age Pension and a reduction in estate taxes to any non dependent beneficiaries.