Most entrepreneurs are, by nature, proactive people, but the apparent comlexities of self-managed superannuation funds (SMSF) often scare people from establishing their own funds. Yet as our articles outline, there are real benefits to establishing your own SMSF and it need not be complicated to set up. And with the new government legislation coming into force, we are now being asked to give our employees more control over their superannuation, but our own future needs to be maximised as well.
Cover: The Grim Side of Choice
Feature:
Ready for Super Choice?
From Here, to the Future
The Grim Side of Choice
Camille Howard asks one of the more public faces of super, Bernie Fraser, what he thinks about super choice legislation, and finds he’s not impressed - He sees expensive confusion and shadowy games on an uneven playing field.
The deadline for SMEs to meet choice of superannuation requirements is looming, and there will be harsh penalties for those who don’t comply - Michael Hutton takes us through some of the most important issues and common scenarios.
Where is Australia heading in terms of the economy, interest rates, the share market, and currency? Not even experts have a crystal ball with absolute answers, but their expertise can offer an educated guess.
Rebecca Spicer discovers how wise advice, good investment choices, a natural affinity with numbers, and dogged determination catapulted Dymphna Boholt to success as a property investor and professional speaker and mentor.
The end of the financial year may not be your favourite season, but it doesn’t need to be a nightmare or even a headache if you’ve got the right information - Garry Addison answers the questions small business owners need to be asking at tax time.
