https://youtu.be/lRLC3uGQbFY Today we’re talking superannuation for Australian expats – the top tips, the tricks and the traps to watch out for. Why Should I Consider My Superannuation? In Australia, we have over $2.5 trillion in our superannuation system. This makes it one of the largest and most efficient pension and retirement systems in the world. [...]
Welcome to my video series where we tap into the key personal finance topics for Australians at home and abroad. Today let’s explore consolidating your superannuation. For many of us we’ve worked in multiple jobs throughout our career and this will likely mean that we’ve got more than one superannuation fund. In fact, nearly 1 [...]
Superannuation can be hard enough if you’re living and working in Australia to keep on top of, let alone if you’re living and working overseas as an expat. Two of the most common things that I face when working with our Australian expat clients is either: They ignore the whole thing and figure that they’ll [...]
“Success is where preparation meets opportunity” - Bobby Unser You’ve made the shift to Singapore from Australia, and you’ve now officially joined the ranks of being an Australian expat. You’re quickly making new friends on this little red dot, travelling around the region, experiencing new cultures and wondering why you didn’t make the move sooner, [...]
Many of our clients often hold both Life and Total & Permanent Disability Insurance inside their superannuation funds, as is often the case for Australian expats. The issue with this for many is that the insurance became invalid when they changed their country of residence, which they would often only discover at the point they [...]
An account-based pension allows Australians to start drawing their superannuation as a regular income stream to support their retirement lifestyle. There are often a range of options when it comes to accessing your superannuation at retirement, whether as a lump sum or as an income stream, and it’s important to consider the implications of both. [...]
Superannuation is Australian’s retirement savings vehicle, and one of the largest and most advanced in the world. For anyone currently working in Australia, their employer will make a mandatory contribution of 9.5% into their chosen superannuation fund. This is imposed under the Superannuation Guarantee Laws in Australia to ensure that every Australian is regularly saving [...]
For most Australian residents, and the Australian expats planning to retire down under, superannuation will in many cases be one of the most tax efficient ways to save for and provide your retirement income. Providing your superannuation is managed appropriately and you receive the right advice, it can offer significant tax and estate planning benefits. [...]
As of 30 June 2017, there are more than 6.3 million lost and unclaimed super accounts, including those held by the Australian Tax Office (ATO), with a value of just shy of A$18 billion. If you’ve ever had more than one job in Australia, or even changed your name or address, then chances are some [...]
2016 was certainly an interesting year for financial markets and investors. After experiencing the worst 5-day start ever with the S&P 500 falling approximately 6%, global markets rebounded to reach all-new highs. Investors took on higher risk as they ditched the safe-havens of government bonds and started investing more into higher-yield bonds and growth assets. [...]
