Author Archives: David Siostrom

Will You Outlive Your Savings?

“Longevity Risk” concerns the liklihood of living a long enough life to run out of money. While life expectancies have increased, some of the traditional forms of income support enjoyed by some of the previous generation have diminished. For example, most defined benefit superannuation schemes (that promise to pay a lifetime indexed income to the […]

Understanding Exchange Traded Investments

The Australian Stock Exchange now offers several products that are an alternative to traditional managed funds. They offer an exposure to different asset classes and strategies in a typically liquid, simple and cost effective manner. That is, investors have found the relative price transparency and ability to transact without having to fill in applications forms […]

Beware of “Hot” Stocks

Schroders, in the Nestegg 28th Sept. publication, explain the perils of buying the latest “hot stocks”, which are typically companies operating in “sexy” sectors such as technology or healthcare with a potential reach to places like China. Mergers and acquisitions or just a very persuasive story can create further excitement regarding both established as well […]

Living with Investment Risks

Great uncertainty continues to surround the future direction of investment markets. “Expert” opinion seems to range from an expectation of “more of the same” over the next 1-3 years to one of high investment risk, leading to a severe global recession. What’s more, the opposing arguments are persuasive, which confirms the difficulty of assessing risks […]

How to Supplement Your Centrelink Income

The recent changes to the Centrelink assets test has reduced or eliminated income support entitlements for many part pensioners. However, Centrelink’s “Pension Loans Scheme” offers a way to generate additional regular cash flow to improve one’s quality of life. The scheme is a type of government provided “reverse mortgage”, available to people receiving less than […]

Key Super Changes for 2017/18

These significant changes took effect from 1st July 2018. Downsizer Contributions Individuals aged 65 years or over are now able to contribute up to $300,000 (per person) to superannuation from the proceeds of selling their main residence. These ‘downsizer contributions’ can be made regardless of other restrictions and caps that apply to voluntary super contributions […]

SMSF Property Traps

Direct property investment is a popular strategy for Self Managed Super Funds. However, when it comes time to repair or renovate the property, trustees need to understand the super regulations to avoid the imposition of penalties. While a subject for future discussion, further restrictions apply if the super fund has borrowed to buy the property.

The 4 Most Common SMSF Mistakes You Could Be Making Right Now 

With 600,000 SMSFs and a total of 1.2M members, the desire of Australians to control their retirement years is at an all-time high.   With all these members, you would think that everyone has a pretty good idea of what is going on, right?  Well, scaringly the truth is much less pleasant!    We often find that SMSF trustees and […]