Great news for people over age 65 and wishing to downsize their home. The Government quietly introduced a new law before Christmas 2017 that allows people, from 1 July 2018, to contribute excess money unlocked from the sale of their home into super. It is designed to reduce pressure on housing affordability but it’s a […]
Do you have a spouse that earns less than $40,000 per annum and want to reduce your tax?
You may have heard about a little-known strategy that allows a person to contribute up to $3,000 to their spouse’s super and receive $540 off their tax bill. This practice is known as a Spouse Contribution and prior to 30 June 2017, very few couples took advantage of it because the income limits were too […]
Should you be splitting your super contributions to your spouse?
Are you a member of a couple where one person earns a lot more than the other and/or that person’s super balance is significantly higher than the other’s? Recent changes to superannuation laws mean there could be several strategies you could be doing now to ensure you don’t hit hurdles in the future. One […]
Winner! Securitor’s National Adviser of the Year 2016
It is with great pleasure that we announce Heidi Schwegler won Securitor’s National Adviser of the Year 2016! After a comprehensive selection process, Heidi was assessed against a number of key criteria which included the following areas: Survey results from the Beddoes Institute Adviser Trust score Panel presentation on the future of financial advice […]
Some good news about our practice!
We are delighted to tell you about some exciting news for our practice! The Beddoes Institute has just announced the 2015 winners and finalists of the inaugural Most Trusted Advisers Network (MTA) Awards, recognising the best of the best MTA advisers and advice practices, as identified by client ratings. We are pleased to […]
NBA player blows $110m because he didn’t listen to his financial planner
I read an interesting article over the weekend about an American Basketball player who earned more than $110m over the course of his playing career but blew the lot and has since declared bankruptcy and now lives in a home with his five family members. What I found interesting about this article is that […]
Strategies for all Australians
As part of my ongoing education within the ever-evolving financial advice industry, a number of changes were implemented on 1 July as part of the Living Longer, Living Better (LLLB) program. The emphasis of this program is that Australians now have greater flexibility from 1 July regarding their care, now known as Client Directed […]
To fix or not to fix, that is the question
With the recent announcement of the RBA to reduce interest rates, is now the time to fix your loan? I get asked this question by many of my clients, and although I’m not able to provide specific loan advice, I do tell them that it is something they should consider and to speak to […]
Do you have any unclaimed money out there?
Did you know there is a government website that allows you to search for unclaimed money such as dividends, lost bank accounts, outstanding investments, lost super etc. I recently searched under my surname (which is an unusual name) and it brought up a relative of mine with an amount of $104 that was a […]
Does getting married really have to be that expensive?
I recently married and whilst organising the wedding I came across numerous wedding-planning websites that stated the average cost of a wedding was $45,000! $45,000! That’s a deposit on a house! That’s nearly a year’s after-tax salary of the average Australian worker! That’s a lot of money! Being a financial planner, I kept track of my spending and calculated the […]