On Wednesday 6 November 2013, the Treasurer, the Hon Joe Hockey MP, and the Assistant Treasurer, Senator the Hon Arthur Sinodinos AO, announced the Government’s decision to abandon some of the previous Government’s tax and superannuation proposals. The announcement also indicated which of the former Government’s unlegislated proposals the new Coalition Government would proceed with. […]
Many modern couples are choosing to delay marriage and children so they can establish themselves financially first. According to the new AMP.NATSEM Income and Wealth Report, Modern Family, the median age for women to tie the knot is now 28 years, while for men it is almost 30^. This is an increase of more than […]
Members of corporate super funds are now receiving information packs on the Labour Government’s superannuation reforms called “MySuper”. Many of our clients have told us that they do not understand MySuper, its implications for them and whether or not they should allow themselves to be automatically transitioned to it. What does it mean? In a […]
What is Fund Manager Selection? Fund Manager and Fund Selection is the process by which Blueprint Wealth extensively reviews available data on different managed funds and their managers and makes recommendations to our investors. Key Considerations There are several facets to this approach which make it more than just an exercise in comparing historical returns. After deciding […]
Running a Self Managed Super Fund (SMSF) – Hint: It’s More Than Just Fees
There is always a lot of discussion about how much money you need to start a Self Managed Super Fund (SMSF). The decision all too often seems to centre around the one-dimensional aspect of fees. The answer, though, is not so straight forward. Starting an SMSF to save fees is akin to starting a restaurant […]
What is asset allocation? Asset allocation is the process by which you decide what proportion of your portfolio is invested in each specific asset class, including equities, fixed interest, property, cash and alternative investments. Research has shown that the asset allocation decision is the most important factor when it comes to explaining long-term performance of an […]
The Australian Prudential Regulation Authority (APRA) released its Quarterly Superannuation Performance report on 22 August 2013. The report, which can be found here, reports the total invested in Australian Superannuation assets now totals $1.62 trillion. As of June 2013, APRA reported that self-managed superannuation funds accounted for largest proportion of total superannuation assets (31.3%), followed by […]
Assuming you already understand the limitations and legalities around borrowing to buy an asset inside your SMSF, it is important to understand what lenders are looking for when you apply for an SMSF Loan. This understanding can speed up the loan approval process and ensure you don’t get caught short just before settlement. In this article we […]
Corporate Super – How do you make it work for employees?
By David Baruffi, Director & Financial Advisor Corporate Superannuation is often seen by servicing advisors as a relatively passive exercise. However we have found that many employees report being disengaged from their Corporate Superannuation plan and do not understand the various benefits on offer as part of their Corporate Superannuation arrangement. Engaging employees in a […]
Self-Managed Super Fund Administration – get it right!
By David Baruffi, Financial Advisor Self-Managed Super Funds are usually established so members can take more control of investing their superannuation monies. However, establishing an SMSF to gain control of investing your super brings the responsibility of administering the fund. Investing the money and administering the SMSF are two completely separate tasks and need two […]