Superannuation

A Super Window of Opportunity

By Thornton, 8 July 2022

New rules coming into force on July 1 will create opportunities for older Australians to boost their retirement savings and younger Australians to build a home deposit, all within the tax-efficient superannuation system.Using the existing Firs...

Superannuation

Should I Put My Money Into My Mortgage or My Super?

By Thornton, 14 October 2022

With interest rates on the rise and investment returns increasingly volatile, Australians with cash to spare may be wondering how to make the most of it. If you have a mortgage, should you make extra repayments or would you be better off in the lo...

Superannuation

Spotlight on Super Performance

By Thornton, 26 November 2021

Superannuation has provided most fund members with stellar returns since last year’s COVID lows. As always though, some funds performed better than others and recent government reforms make it easier to find out how your fund compares. Indeed, you...

Superannuation

Super Contribution Cap Update

By Thornton, 15 September 2021

With effect from 1 July 2021, changes to the transfer balance cap and contribution caps provide opportunities to accumulate more retirement savings than in prior years.These changes will be welcomed for many clients who wish to make additional...

Superannuation

Super in Your 20s

By Thornton, 22 September 2021

Even in your twenties there are good reasons to take a bit more interest in your super. The average 25-year-old has around $10,000 in super, but the decisions you make now, even with relatively small sums of money, could earn you hundreds of thous...

Superannuation

Super in Your 30s

By Thornton, 29 September 2021

If you are in your thirties, life may revolve around children and/or a mortgage. As much as we love our kids, the fact is they cost quite a lot. As for the mortgage, this is the age during which repayments are generally at their highest, relative ...

Superannuation

Super in Your 40s

By Thornton, 6 October 2021

Typically your forties is a time of established careers, teenage kids and a mortgage that is no longer daunting. There are still plenty of demands on the budget, but by this age there’s a good chance there’s some spare cash that can be put to good...

Superannuation

Super in Your 50s

By Thornton, 15 October 2021

If 50 really is the new 40, then life has just begun. The kids are gaining independence or may have left home, and the mortgage could be a thing of the past. Bliss. But galloping towards you is… retirement!. How are you tracking?A...

Superannuation

Super in Your 60s

By Thornton, 18 October 2021

For most Australians, their 60s is the decade that marks retirement. For some this means a graceful slide into a fulfilling life of leisure, enjoying the fruits of a lifetime of hard work. However, for many it means a substantial drop in income an...

Superannuation

The New Financial Year Super Changes

By Thornton, 29 July 2021

As the new financial year gets underway, there are some big changes to superannuation that could add up to a welcome lift in your retirement savings.Some, like the rise in the Superannuation Guarantee (SG), will happen automatically so you won...