As our financial lives move gradually more online, cybercrime is becoming more widespread. As simple as a phishing email or as far-reaching as the WannaCry ransomware attack that hit more than 150 countries in May 2017, cybercrime can have devastating impacts on individuals and businesses alike.
The beauty of the end of financial year falling in the middle of the calendar year is that many get a second chance, or a new chance, to complete those ‘financial goals’ that may have fallen out of focus over the past year.
Budgets have always been a platform for governments to announce major policy shifts. However, in the modern day such shifts are typically responses to a rising wave of populism surrounding a particular topic rather than the execution of a longer term strategic plan. The 2017 Budget attempted to do both.
With 30 June quickly approaching, now is a good time to assess your current position and ensure your year-end strategies are in place.
This article highlights some of the key tax law changes that have taken effect thus far in the 2016/17 income year, and the changes that will shortly take effect that may impact on your year-end tax planning decisions.
In last month’s edition, we reviewed several key superannuation amendments which will come into effect on 1 July 2017.
This month, our experienced superannuation team takes the opportunity to examine the changes to the Non-Concessional Contributions (after tax contributions) cap in greater detail, highlighting how these adjustments will affect clients moving forward.
Unfortunately and all too often, individuals will fail to consider the importance of life insurance until it’s simply too late - and we can understand why. Life insurance typically isn’t a topic of conversation openly spoken about at the dinner table. It can be a bleak subject that forces families to consider the possibility of life after the loss of a loved one - and how can you put a price on the life of someone you love?
The journey towards retirement requires careful planning and consideration. It’s an arduous one, full of obstacles and challenges that will ultimately shape your future.
Unfortunately, many Australians don’t fully understand the necessary planning required to ensure a comfortable retirement, in order to live a life that they have always dreamed of.
If your personal or financial situation has significantly changed over the last year, then it’s important that you consider reviewing your current insurance policy. This is critical in ensuring you, your family and your assets or business are appropriately protected if an accident or something unfortunate was to occur.
If your personal or financial situation has significantly changed over the past year, then it’s important that you consider reviewing your current insurance policy. This is critical in ensuring you, your family and your assets or business are appropriately protected if an accident or something unfortunate was to occur.
As of January 1, 2017, significant amendments to the Age Pension Asset Test threshold came into effect. It’s expected that the changes will continue to impact hundreds of thousands of Australians as reforms are implemented statewide. It’s important to understand the changes, along with strategies to help you get the most out of your Aged Pension.
Over the past three years, Findex has enacted a major initiative to implement the infrastructure required to effectively support the rollout of Family Office, an entirely new financial offering now connecting over 120 advice offices across Australia and New Zealand. Now in full flight, it’s time for you to discover the full potential of Family Office, and garner a greater understanding of how it can help aid you on your financial journey.
A number of significant superannuation reforms come into effect on 1 July 2017. Our team of expert SMSF advisers has provided a recap of the changes in greater detail.