By Graeme Colley AMP Capital Graeme Colley shares five more common mistakes SMSFs make and how to avoid them. Separating contributions and pensions “There are strict rules about what can be added to a pension account balance once it has commenced. You cannot add contributions or transfers from other superannuation funds after a pension ... Read more
The Aussie economy in 2019; it’s not boom but it’s not doom either
Dr Shane Oliver Head of Investment Strategy and Economics and Chief Economist, AMP Capital Investors might be confused about the mixed news coming out late last year for the Australian economy and what it means for returns and rates. Economic growth has been okay, and unemployment has fallen to five per cent which is quite low by ... Read more
Upsize your super with downsizer contributions
January 2018 Legislation has passed that will enable people aged 65 or over to make additional super contributions of up to $300,000 per person from the proceeds of the sale of their home from 1 July 2018. These are known as ‘downsizer contributions’ and they can be made on top of the existing contribution caps, without having to meet certain ... Read more