Did you know that as of July 1, 2018, you can now make a "downsizer contribution" into your superannuation fund of up to $300,000 from the proceeds of selling your home? This contribution became available to those who meet the eligibility criteria and are aged 65 years and over in July 2018.
It's been a little over a week since the Hayne Royal Commission recommendations were handed down. Now that the dust has settled, Nathan and Glenn talk through what is gaining the most attention in the wake of these recommendations in this week's podcast.
A recent conversation with a Solicitor who is an estate planning specialist reminded me of the importance of not only planning your estate arrangements but also getting expert advice.
It’s not uncommon these days for a couple who are nearing, or are in retirement, to have had a previous relationship and have adult children from that previous relationship. These situations can introduce extra complexity to achieving your desired estate planning objectives.
After 68 days of hearings, 130 witnesses and more than 10,000 public submissions, the Hayne royal commission has left no stone unturned. It has uncovered shocking and unethical practices by many financial institutions and advice providers within the financial services industry.
We are pleased to report that none of these recommendations will impact the way we provide our financial planning services to you.