Tag Archives: Retirement

The clock is ticking on major changes to superannuation that come into force on 1 July 2017.

The changes are wide-ranging and are likely to affect everyone’s retirement savings. But it can pay to plan ahead both to take advantage of the existing rules, and to make the most of the new super landscape. Here are some of the major changes and how they may affect you. New limits on non-concessional contributions…

Start saving early and let compound interest grow your retirement nest egg

With the current debate surrounding the Government’s proposed changes to superannuation contributions caps focused on tax rather than outcomes, most super fund members should instead be concentrating on maximising their investment returns to achieve an adequate retirement income, according to Rice Warner research.1 The analysis demonstrates that a balance of $1.6 million (the Government’s new…

Are you prepared for changes to the Age Pension assets test?

How the assets test will work in 2017 could increase your Age Pension entitlements, or take some or all of them away. With revisions to the Age Pension assets test just around the corner, it’s important to understand how the changes could impact you, particularly with part-pension thresholds somewhat tighter than initially projected. These thresholds…