logotop new

Subscribe – Latest News & Updates

For up to date; industry news, market updates, financial strategies and product developments... Please enter your email below:

 

On Wednesday 6 November 2013, the Treasurer, the Hon Joe Hockey MP, and the Assistant Treasurer, Senator the Hon Arthur Sinodinos AO, announced the Government’s decision to abandon some of the previous Government’s tax and superannuation proposals.  The announcement also indicated which of the former Government’s unlegislated proposals the new Coalition Government would proceed with.

Government Tax and Superannuation Update 2013

 

In this commentary we review the 2013 financial year, provide performance tables for FYM’s core model portfolios and highlight the key market drivers at work and how we believe portfolios should be positioned for the year ahead.
 
Government Announces Superannuation Reforms

Reforms to Australia’s superannuation system have been announced that will be tabled before Parliament if the current Government is re-elected.

These reforms are outlined in joint press releases issued by Wayne Swan and Bill Shorten, titled:

·         Reforms to make the superannuation system fairer
·         Tax Treatment of Earnings on Superannuation Assets Supporting Income Streams
·         Council of Superannuation Custodians Charter of Superannuation Adequacy and Sustainability

Legislation to implement these proposals will not be tabled before Parliament until after the election in September and will require the return of the current Government.
If legislated as announced, the proposals will have implications for the superannuation system in Australia and will impact people in both the accumulation and pension phase.

Here is an article that summarises the key reforms.

RNB  Financial  is  a privately  owned  and operated financial planning organisation providing  investment  and  financial  advisory  services  to  private  individuals  and  corporate  entities.

Our professional standards, technical expertise and an innovative approach to financial planning enable us to effectively meet the challenges of today's volatile economic climate.

We ensure we understand your individual goals and circumstances, so you can rest assured that your long-term wealth creation strategies have been designed specifically to satisfy your requirements.

The Volatile Year that was and out thoughts for 2012                     Page 1.

 

Economic Update:

   Europe                                                                                   Page 1.

   US                                                                                         Page 2.

   China                                                                                      Page 3.

   Australia – Market Fundamentals                                                 Page 4.

 

FYM Core Share Portfolio Update                                                   Page 6.

 

FYM Income Portfolio Update                                                       Page 8.

 

Recommended Balanced Fund Performance                                    Page 10.

 

Read Full Article

More Articles...
Page 3 of 12