Muirfield Budget Update – 2017
On 9 May, Treasurer Scott Morrison delivered the 2017 Budget. Morrison touched on quite a few points and declared that Australia will return to surplus in the coming years. There are some interesting changes that may come about due to the budget, and we have highlighted these below: Home Proceeds and Superannuation In the…
Read MoreThe Fear Holding Back Your Retirement: Part 2 – The Financial
Have I got enough money to retire? For some, the fear of outliving your money is an entirely legitimate one. A survey recently conducted by MLC suggests that 66% of Australians feel unprepared for retirement, with only 15% feeling well or fairly well prepared. Surveys like this may prove to be prophetic, with some of…
Read MoreThe Fear Holding Back Your Retirement: Part 1
Today, we’re launching a multi-part series discussing common fears regarding retirement and how to overcome them. We hope you enjoy it and learn a bit more about yourself.
Read MoreAutumn Newsletter
In the Autumn 2017 edition of the Muirfield eNews we give you the latest on what the team is up to, tell you about one of our incredible clients, discuss the latest in the market, give a brief overview of a new philanthropy effort and more. Most importantly, we want to tell you all about…
Read MoreWorking Past Age Pension Age
There are a number of considerations to take into account when contemplating retirement, or a move to part-time work. If you continue working past Age Pension Age, individuals who scale back their hours often benefit from the gradual transition into life after work. For some, retaining the social support of a work environment can be…
Read MoreNew Financial Planning Regulations
In a win for the Australian public and the Financial Services industry, the Government recently passed the Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016. The bill is designed to raise the standard of financial advice in Australia. The new reforms will require existing financial planners to meet stringent education and exam requirements and…
Read MoreRedundancy. What Next?
Being made redundant is never easy. However, if you are made redundant it is important you Seek Financial Advice from a professional to ensure all important financial options are considered. Things worth reviewing include taxation, superannuation, insurances, Centrelink entitlements, and investments & cashflow. A summary of each is outlined below:
Read MorePaying your Aged Care Entry Fee
If you have entered care and are required to pay an Entry Fee you can choose to pay this in one of three ways: A Lump sum payment called a ‘Refundable Accommodation Payment’ or RAD A Regular rental-type payment called a ‘Daily Accommodation Payment’ or DAP Combination of a RAD and a DAP You will…
Read More2016 – 2017 Summer eNews
In the 2016-17 edition of the Muirfield eNews, we discuss our newest team member, the state of the market, Centrelink changes, age pension and overseas travel, the latest in superannuation reforms, and investment faux pas.
Read MoreMaximising your Superannuation Contributions before 30 June 2017
The Government is set to make changes to the amount of money you can contribute to your superannuation from 1 July 2017. It therefore makes sense to review your contribution strategy in the lead up to these changes as superannuation, with its many tax benefits, is an attractive way to build your retirement savings. For…
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