Navigating the new Division 296 tax on super balances over $3M? Starting in July 2026, members face a 15% tax on earnings for balances exceeding $3M, plus an extra 10% for balances over $10M. Be sure to learn how the crucial CGT election impacts your SMSF. Discover what exact steps you must take to protect your hard-earned savings before the June 2026 deadline. Do not let these new laws catch you!
Read MoreAustralia is witnessing a historic shift as superannuation overtakes the Age Pension as the primary source of retirement income. Recent data shows the proportion of retirees living off super has jumped to nearly 30%. Humble Goode Financial, leading Adelaide financial advisors, explains what this move away from pension reliance means for your future and how to fund your modern retirement right now.
Read MoreIn our modern world, advice firms are continually evolving their value proposition and service offer to meet the needs and wants of their clients. Over the last three years, portfolios have changed, their use of digital technology and their expectations from their financial adviser has evolved.
Read MoreUnlisted assets make up a growing and significant portion of many industry superfunds. AustralianSuper had 26.6% of their funds in unlisted assets at March 2022. Australian Retirement Trust’s Super Lifecycle investment strategy (Balanced) is 32.93% at June 2023. Nearly 50% of Hostplus’ Balanced MySuper option is in unlisted assets.