Superannuation

Downsizing Your Home & The New Super Contributions

In retirement, we often speak to clients who want to downsize their home. Whether it’s because the children have long since moved on and extra bedrooms are no longer required, the maintenance of the garden is becoming an issue or simply to free up capital to supplement retirement income there are many reasons to consider…

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Nominating beneficiaries for your Super

We often receive questions about superannuation benefits and how they would be paid out to loved ones in the event of death.  Questions often arise because of the common misconception superannuation forms part of your estate. Superannuation is not an estate asset and will not automatically get distributed according to your Will.  Super has its…

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More Flexibility for Tax Effective Super Contributions

Salary sacrificing into super is a popular strategy for clients looking to tax effectively maximise their retirement savings.  As of 1 July 2017, many individuals now have the additional option of making personal deductible contributions. This means everyone now has greater flexibility around how they make tax effective contributions to super. What has changed? Since…

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Superannuation Reform Seminar

On 12th May, 2017, Muirfield held a public seminar to educate individuals on the implications of the Superannuation changes taking effect in July 2017. If you would like to review the presentation we have attached a copy here. If you have questions regarding the changes please do not hesitate to contact our office on 03 5224 2700.

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Inheriting superannuation? You have options

Receiving an inheritance comes with mixed emotions and ensuring you understand the impact on your circumstances is critical. Inheriting a superannuation fund especially, requires planning to ensure you are getting the best outcome.   Unlike a cash inheritance, there may be tax implications depending on how you wish to receive the funds.  Before completing and processing any…

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The myth about super fees

Research suggests that lower super fees have little correlation with fund performance and overall retirement outcomes. To an extent it plays to the age old adage, you get what you pay for. We touch on some of the issues in this brief article.

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