The marriage and divorce statistics for 2015 sadly suggest that 43 per cent of Australian marriages may end in divorce. Significantly, this number-crunching does not include separations of de facto couples. Unfortunately, the breakdown of a relationship is a reality for many couples and it is a reality with typically damaging financial and emotional consequences. We face a series of widely-shared financial turning points during our lives. Yet how we handle them obviously differs widely. ASIC’s personal finance website MoneySmart has long published a comprehensive feature, Life’s events – last updated this month – with tips about how to deal […]

New SMSF (Self Managed Superannuation Fund) trustees face something of a double challenge in 2017-2018: Coming to terms with the long-standing fundamentals of having your own fund together with the biggest changes to super in a decade. It is critical for new trustees not to neglect any of the fundamentals of self-managed super in their efforts to understand the changing super system from the beginning of July. The first few months of a new financial year are among the most popular times to establish an SMSF. Often, investors aim to begin their self-managed approach to super with a fresh start […]