Justin

Transitioning from the accumulation phase of superannuation to the retirement phase can seem daunting, but understanding the process can help you effectively manage and enjoy your retirement savings. Here’s a comprehensive guide to spending your superannuation in retirement. Opening a Retirement Phase Account When you retire and are ready to start using your retirement savings,

So you’ve decided to join more than one million Aussies with a self-managed super fund (SMSF). Congratulations! Having your own SMSF can be a personally and financially rewarding experience, provided you’re sure DIY is right for you and your fund is set up correctly from the get-go. Attention to detail now will avoid penalties and

For the majority of us, we’re perfectly happy having our super paid to our chosen fund, which will invest it as directed and, generally, get us a good return by the time we retire. But there is a growing cohort, worth some $900 billion, of Australians who instead opt to have full control over their

SMSF trustees can invest in overseas property, but they must adhere to compliance rules both domestically and internationally, according to a legal expert. Daniel Butler, director of DBA Lawyers, notes that while overseas property may seem like an appealing investment, SMSF trustees must navigate several compliance pitfalls. “SMSF trustees can purchase property outright using SMSF