September 1, 2016

Tax-smart investing

One of the most practical ways that investors can help keep their returns as high as possible in a low-interest environment without taking additional risks is to ensure that their investment taxes are managed as efficiently as possible. Indeed, ensuring the efficient management of investment taxes is largely under an investor’s control – unlike numerous other aspects about investing. As a matter of everyday practice, investors should concentrate on what they can control rather than on what they can’t control. And efficiently dealing with tax falls firmly into the under-my-control basket. While tax shouldn’t dominate investment decisions, as financial planners […]
August 25, 2016

Will there always be an age pension?

With all of the talk about the need to be self-sufficient in retirement it’s not surprising that many people assume that the government-funded age pension will be phased out altogether sometime in the future. But will it? Both sides of politics have committed to retaining the age pension “for those in need”. The age pension is means tested using both an income and an assets test – the test that pays the lowest pension is the one that is used. Conclusion – The age pension will remain, but not for everyone There are two other aspects to the government’s retirement […]
August 18, 2016

Protecting your Will against challenges

Everyone understands the importance of a Will, but how do you ensure your wishes are carried out when you’re no longer around? Who can contest your Will and what are their chances of success? Maud’s four children hadn’t visited in years so she left her fortune to an obscure charity for wayward arachnids. An extreme example, certainly, yet many would argue that Maud’s wish to bequeath her estate to spiders should be respected. Fundamentally, Maud’s situation is common: lonely elderly person, charity, disgruntled family members. Who could challenge Maud’s Will and under what circumstances? Firstly, it’s important to note that […]