Proposed superannuation changes

Tuesday, September 27, 2016

Changes are afoot for superannuation. Change brings uncertainty. And opportunity. These proposals are likely to impact many Australians. It pays to take a closer look.

Proposed superannuation changes - by Angus Dockrill, IMFG Director and Wealth Specialist

Superannuation remains a tax effective structure to build retirement wealth. However, with proposed changes coming, it is timely to take a closer look. The already retired or close to retired may need to restructure your retirement plan. Those in their 40's, 30's and 20's will have need to plan earlier and not rely on a "She'll be right" attitude in achieving and maintaining your long term financial security.

The attached INFOGRAPHIC highlights some of these proposed changes, noting these are proposals only and are not yet law (as at September 2016).

If you are considering any change to your use of superannuation or your broader financial plan, we recommend you seek specialist financial advice before doing so.


ABOUT THE AUTHOR:

 Angus Dockrill is a founder and Wealth Specialist of IMFG.

IMFG is a financial services business with a difference. Our clients are supported by a team of specialists, not generalists. We believe that the most successful people have their financial house organised within an elegantly simply framework aligned with their dreams, vision, values and goals.

Identity McIntyre Pty Ltd and its specialist financial advisers Scott Douglas, Angus Dockrill, Dan Blatch and Lisette Walsh are authorised representatives of Apogee Financial Planning Limited, Australian Financial Services Licensee Registered Office at: 105 - 153 Miller Street North Sydney NSW 2060. These representatives are trading as IMFG.

This article is intended to provide general information only and has been prepared without taking into account any particular person's objectives, financial situation or needs. Persons should, before acting on this information, consider the appropriateness of this information having regard to their personal objectives, financial situation or needs. We recommend persons obtain financial advice specific to their situation before making any decision regarding a financial product or decision.

 

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Identity McIntyre Pty Ltd and its specialist financial advisers Angus Dockrill, Scott Douglas, Dan Blatch, Lisette Walsh and Matthew Bull are authorised representatives of Apogee Financial Planning Limited, Australian Financial Services Licensee Registered Office at: Level 8, 171 Clarence Street, Sydney NSW 2000. These representatives are trading as IMFG.

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