There are two types of superannuation funds available to Australians: Defined benefit and; Accumulation funds Understanding your super fund and considering your options can help you plan for the future financially – especially for your retirement. What are defined benefit superannuation funds? A defined benefit fund is a superannuation fund […]
Giving money to your family may be something that brings you joy, but it’s important to understand the financial and tax implications of doing so. As the age pension eligibility is subject to an income and assets test, many part-pensioner retirees choose to give away some of their assets with […]
Preparing for retirement can be a very complex, drawn-out process. But with the right guidance and by starting early in life, you can be confident you will be able to enjoy your dream retirement with peace of mind. You may be emotionally prepared to retire, but you must also ensure […]
Having a will is extremely important—this will be a guide for your loved ones once you have passed. But unfortunately, even if you have a will, it may not be valid or up to date. Finder.com.au research shows that more than half of Australians do not have a valid will. […]
For more information or to speak to one of our Financial Advisers please contact TNR Wealth Management on 02 6626 3000. Disclaimer Past performance is not a reliable indicator of future performance. The information and any advice in this publication does not take into account your personal objectives, financial situation […]
Managing the largest movement of wealth in our history More than $3.5 trillion dollars in inherited funds are expected to change hands within Australia during the next 20 years, with Australians enjoying one of the highest inheritance payout rates anywhere in the world. According to investment bank HSBC’s Future of […]
How much do you know about retirement planning? For most Australians, the approach of retirement is something to look forward to. Yet it can also be a time that fills us with trepidation, after all, we’ve saved for it, worked towards it, but are we really prepared for it? While […]
How to create savings while paying off debt Over the past 30 years, Australians’ household debt has increased. According to the Reserve Bank of Australia, our household debt-to-income ratio has risen from 70 per cent in the early 1990s to around 190 per cent today. With numbers like this, it’s […]
How an increase to super may result in a pay cut The super guarantee (SG) is the minimum percentage of ordinary earnings that employers must contribute to superannuation for their eligible employees. After years being stuck at 9.5% the SG rate is on the move again. It increased from 9.5% […]
Foundations of a wealthy lifestyle A study conducted by the Australian Stock Exchange reported that nearly 25% of investors over the past two years were aged 18 to 24. These young Australians were found to be knowledge seekers, keen to take on life and begin their journey towards financial security. […]