Ursula Boorman


March 1, 2017

A little trust can pay a big dividend in super

The Australian superannuation system has many fine qualities, but if you were asked to rate it on the basis of trust – on a score of 1 to 10 – what would you give it? Trust is a simple but elusive concept to measure. Are we talking about trust in: The government regulatory and policy settings? The institutions that manage the more than $2 trillion in assets? The financial advisers who support the fund members? Is trust even important? The super guarantee system is mandatory for Australian workers, who cannot opt out of the 9.5 per cent contribution to super […]
February 22, 2017

When love blossoms later in life, the financial and legal consequences

Falling in love is a magical and wondrous experience, but once the heart flutters have settled a little and two people move towards a more serious relationship, various challenges may need to be addressed. Many of these challenges can be easily resolved when we’re young and carefree, but what happens when Cupid appears – or reappears – later in life?   Unlike earlier relationships, when love blossoms late in life careers have slowed down or ceased, the children have left home, and health and fitness may not be what it had been, meaning that a ‘lifetime’ of togetherness may not […]
February 22, 2017

How might the latest superannuation changes affect you?

With several major changes to Australia’s superannuation system due to take effect from 1 July 2017, here’s a summary of the main ones. These changes involve a lot of fine detail, so if you think you may be affected make sure you talk to us sooner rather than later. New $1.6 million cap on retirement balances This move limits the sum that retirees can invest in tax-free pensions. It will also apply to current pensions, so if you have more than $1.6 million in retirement stream products on 1 July 2017 you will need to roll the excess back to […]