Hewison Blog / Latest

Is Cash really King?

14 May 2012

 By Simon Curtain   Director/Private Client Adviser

We’ve all heard the saying, "Cash is King". But is it really?

Over the last few years, investors have been investing more and more in cash as a safe haven to protect against the uncertainty caused by the GFC and European Debt Crisis. Recent data released by Multiport shows that self managed superannuation funds (SMSFs) hold around 23 per cent of their assets in cash and term deposits.

This equates to around $100 billion in … Full Article

2012 Federal Budget snap-shot

09 May 2012

The government has framed an “election” budget which is not surprising. The imposition of additional taxes and restrictions on superannuation contributions is disappointing. For most people, raising children and paying off mortgages are the priorities in their 30s and 40s. Often it is not until one reaches their 50s that they have the capacity to make substantial contributions toward retirement savings.

Whilst we agree with the need to assist lower income families, companies have borne … Full Article

How much do you need in retirement?

04 May 2012

By Glenn Fairbairn  Director/Private Client Adviser

 As an adviser, I regularly get asked, “how much do I need in retirement?”

Unfortunately the reply is often “how long is a piece of string?” The simple fact is, one size does not fit all. The definition of a comfortable retirement can vary from one person to the next.

To provide a guide, the government introduced the ASFA Retirement Standard, which benchmarks the annual budget needed by Australians to fund either a … Full Article

Just leave super alone

26 Apr 2012

By Simon Curtain   Director/Private Client Adviser

Our superannuation system is recognised as one of the best in the world.

The backbone of our world-class superannuation system involves the workforce directing a portion of their salary towards superannuation now, so that they have an asset base in the future from which to draw an income.

As an incentive to forego salary today so that it is used by your superannuation account tomorrow, the Government provides the system with a … Full Article
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