What is superannuation?
It's your money and for most people, super is one of the central pieces in preparing for their retirement. Getting to grips with it early will give you greater control and the confidence to make the best financial choices for you.
You could have lost super if you didn't tell your super fund about the changes. Don't worry. We can help you track it down and combine it all into one account so you'll never lose track of it again. Easy!
Objective – your future
The objective of this measure is to help provide individuals with greater superannuation savings for life after work. According to the Australian Government, this SG increase will help a 30 year old add $105,000 to their superannuation savings at age 651.
The majority of Australians have a large percentage of their super invested in shares, either knowingly or not. Generally, your super fund will allocate a percentage of your money to be invested across the four main asset classes. It’s important to look closely at exactly how the fund allocates your investments.
If your annual salary is less than $51,813 and you make after-tax contributions to your super, the government will co-contribute $0.50 per dollar up to a maximum $500 if you are eligible. Refer to ato.gov.au/individuals/super for information about your eligibility for Government co-contributions.
To find out how Newton and Keane can help you, Contact us today to speak to a Financial Advisor.
Newton and Keane and their financial adviser network and accountants have comprehensive experience in providing services to Self Managed Super Funds (SMSFs). We can help you with your entire SMSF journey, including set up of your SMSF, managing your investments and the administration of your fund.
Like other superannuation (super) funds, self-managed super funds (SMSFs) are a way of saving for your retirement. The difference between an SMSF and other types of funds is that, generally, the members of an SMSF are also the trustees. This means the members of the SMSF run it for their own benefit
Broad range of SMSF ready products including Cash Management Account which is used by one in four SMSFs across Australia
Expert financial advice for new and existing SMSFs
Arranging assistance with the administration duties of an existing SMSF
Portfolio Management Services
Newton and Keane can support your entire SMSF journey, from set up of your fund to managing your investments and administration duties.
One of the benefits of an SMSF can be the wide range of asset classes you can invest in, including cash, shares, Exchange Traded Funds (ETFs), managed funds, property, through to artwork and collectables. You can also choose to hold a life insurance policy within your SMSF.
Our wide range of products and financial advice are designed to help you grow and manage your self managed super.
Every SMSF requires a central cash account. The Macquarie CMA is a great solution, providing many benefits including:
Sophisticated reporting to help you manage your cash position and save you time with your SMSF administration
Capability to give access to your adviser or accountant to view the account, saving you time and effort
Earn a competitive interest rate of 1.40%pa* on your cash
No ongoing fees.
May be a great way to balance your SMSF portfolio with a fixed interest investment
Competitive interest rates
Terms available from one month to five years.
Newton and Keane is a home loan and lending specialist with a panel of 35 lenders on board who provides SMSFs the flexibility to borrow in order to purchase or refinance residential investment property, giving direct access to real property assets.