From 1 January 2015, any new account-based pensions will be subject to deeming which may result in a reduction in the Centrelink Age Pension. Currently, only the pension payment which exceeds the account-based pension’s Centrelink deductible (or non-assessable) amount is assessable under the income test. However, it is all about to change for all account-based […]
When the concept of the DisabilityCare scheme (formerly known as the NDIS) was first announced by the Government, concerns were raised about the impact that it may have on people’s attitude toward life insurance. It is clear that there is confusion about the scheme – what it is and what it is not. A snapshot […]
End of year superannuation strategies The lead up to the end of the financial year is an opportune time to review your financial situation and avoid the last minute rush. We can help you with a number of strategies that can improve your financial position including the potential to reduce tax and take advantage of […]
Are you looking into life insurance for the first time? Not sure if you should go to companies directly or use a Financial Adviser? It’s a life full of choices, and today there are more than ever. But are you falling for the marketing hype? The fact is, on daytime television we are constantly bombarded […]
Addressing insurance needs of SMSF members When the Cooper Review into superannuation was released in 2010, one of the most notable findings was that less than 13% of SMSFs had life insurance cover. The review recommended that SMSF trustees be required to consider providing insurance for its members and documented the consideration as part […]