A wide assortment of wealth management and financial planning articles. Topics can include investing, investment returns, Centrelink and aged pension rules, superannuation fund commentary and many other finance related topics.
Sometimes you have a question about a financial matter and just want an answer; not a relationship. It is for this reason that Cornish Wealth Management offers one-off financial advice. One-off advice is also known as ‘situational advice’, ‘episodic advice’ or ‘event driven advice’. And we offer two types of one-off advice – ‘general advice’…
This is always a common question I get asked, and the answer is different for each client. How long you will live, what investment returns you will achieve and what lifestyle do you want in retirement? These are major factors in determining the answer to how much you need in retirement.
Each State runs their own Seniors Card program. The WA Seniors Card is a very hand card to have … Eligibility If you meet the below criteria then you should be eligible for the West Australian Seniors Card: Aged 63 or more The eligibility age has been gradually moving to age 65. For…
A lot of people google ‘financial consultant near me’. Why? …
In what should be welcome news to Australians planning for their retirement, the amount we can contribute into superannuation is about to increase. This is because the super contribution caps (limits) are increasing.
Both concessional and non-concessional contributions are payments made to a superannuation fund, however they are taxed differently. There are also different contribution caps for each type.
If you have converted your superannuation accumulation account to a pension account then you must start making withdrawals from the pension account. This article details what the minimum pension payment rates are and how they differ depending on your age.
Salary sacrifice is a tax effective way to increase your superannuation balance. In essence it involves voluntarily sacrificing some of your salary into your superannuation account. This article highlights important things to think about, including advantages and disadvantages, before you salary sacrifice. Please note, this blog post covers salary sacrifice into superannuation; it…
Australia has a great superannuation system. In fact it is arguably the best in the world. Unfortunately many Australians do not know how good it is, so this article is going to highlight some of the benefits.
We take pride in the financial planning services we deliver, so are always pleased when our valued clients take the time to provide feedback to us in the way of a testimonial or review.