Superannuation Advice

The government provides very generous tax incentives to encourage us all to save for our retirement, however, the rules are constantly changing.  Due to budgetary pressures, the government only recently announced major changes to the superannuation system (in the 2015/16 Budget) which placed limits on how much an individual could accumulate in the system and benefit from the generous tax advantages.  Despite these ongoing changes to the rules, superannuation is still the most tax effective vehicle to accumulate funds for your retirement.

There are a variety of superannuation fund products that are available in the marketplace and each and everyone of them has different attributes, advantages and disadvantages.  Some of the fund options available include:

  • Public Sector Funds, such as the PSS, CSS and Military Super
  • Corporate Super Funds
  • Industry Funds
  • Retail Funds
  • Public Offer Funds
  • Retirement Savings Accounts
  • Self Managed Super Funds (SMSF) and Small APRA Funds (SAF)

Manifest Financial can assist you to determine which superannuation structure is most appropriate for your financial circumstances.

Manifest Financial Wealth can also help you to maximise your retirement savings by using a variety of strategies, including (but not limited to) the following:

  • Salary sacrificing into superannuation
  • Management of Superannuation Contribution Caps
  • Withdrawal and Recontribution Strategies
  • Spouse Contribution Splitting
  • Claiming tax deductions for personal super contributions
  • Establishing a Self Managed Super Fund (SMSF)
  • Establishing a Small APRA Fund (SAF)