Why does an SMSF need an investment strategy?
All Self Managed Superannuation Funds (SMSF) must have a valid investment strategy. An investment strategy sets out a fund’s investment objectives and how the members plan to achieve them; we call it a cookbook for your super. It describes the personal circumstances of all the fund members, including their age and risk tolerance and provides […]
Federal Budget 2015 Snapshot
Small business is a sector that came out a clear winner from the 2015-16 federal budget delivered by the Treasurer Joe Hockey. Despite the lead-up mutterings that the budget was going to be “dull and boring”, there were nevertheless a few surprises contained in the pages of the budget papers. Many key budget announcements that […]
How Australians spend their tax refunds (and why you should consider Tax Planning)!
We are part-way through May, with the final siren due to ring for the end of financial year only a mere 49 days away. The 2014 MoneySmart poll provided a great insight into what Australians actually did with their tax refunds in the 2014 financial year. Not surprisingly, the vast majority of taxpayers used the funds to […]
Minimum superannuation pension payments for SMSF
You’ve worked hard all your life, and you’ve finally reached the point where you can start to draw down on your superannuation. You may have fully retired, or you could be partaking in a transition to retirement strategy. Either way, you have met the conditions of release, and you are ready to draw down. One […]
Super contributions caps for the 2015/2016 year
As the end of the financial year rapidly draws to a close, have you thought to check your super contributions? Below is a brief overview of the superannuation contribution caps for the 2015/2016 financial year – don’t leave it too late! Concessional (before-tax) contributions 2015/2016 A concessional contribution is a contribution that is made by […]
Why is an Independent Financial Adviser different?
We are passionate about providing financial advice to clients of all shapes, ages and sizes. Financial advice is in our blood, it’s more than just what we do. It is about who we are, how we live, and how we want our names to be remembered when we close the door. There is nothing we […]
Australian Economy Snapshot
The latest release from the RBA (Data updated to 7 April 2015) is a positive sign for investors and business alike.
What’s the difference between Accounts Payable and Accounts Receivable?
This is one of the most common questions we hear from new business owners and existing business owners alike. As a business owner, you can be focused on so many different and conflicting topics at once, and bookkeeping issues often fall very far down the list of priorities. What is the difference? Accounts payable and […]
Why is independent investment research important?
It is quite well known within the investment industry (but little discussed with consumers), that many product manufacturers pay certain research houses to rate their products. It has been suggested that this process has in-part contributed to the $29 billion of failed or frozen funds within the Australian investment sector since 2006. The Independent Financial […]
SMSF Adviser feature – Dr. Dennis J. Maddern
Maddern Financial Advisers Founder and Executive Chairman; Dr. Dennis J. Maddern, was recently interviewed by SMSF Adviser magazine on what he has learnt from running a business and how to become a successful leader. Simply click on the image to reveal in a large readable format.