One of key planning issues for retirees increasingly will be the cost of aged care facilities and the potential ‘accommodation bonds’ that can be required for entry into low-level (hostel) or “extra services” aged care facilities. Currently, it is not feasible for such investments to be made from within super so it really comes down […]
Crystal Wealth Partners
The top 10 super terms to understand when getting serious about your retirement planning
Crystal Wealth Partners director John McIlroy talks about the top 10 superannuation terms to help investors understand the system.
MDAs need $200,000 minimum, cautions adviser
SYDNEY November 2013 – The minimum portfolio size to make a Managed Discretionary Account effective is around $200,000, a leading financial adviser says. ‘Arguably you can go as low as the client wants, but typically we would find $200,000 to $250,000 as a minimum portfolio size to make an MDA effective,’ says Crystal Wealth Partners […]
SMSFs miss global stocks’ upside, fund manager warns
SYDNEY September 2013 – SMSFs are missing the upside of global stocks because they do not invest offshore due to the cumbersome and expensive process, a leading wealth builder has warned. ‘One of the reasons that SMSFs don’t invest much in offshore stocks is because it is fairly cumbersome and expensive to do so,’ says […]
Pensions: higher contribution threshold can help TTR strategies for over-60s
SYDNEY September 2013 – The new financial year is a signal for investors to check their transition to retirement strategies, a leading wealth manager says. Crystal Wealth Partners executive director Tim Wedd says ‘it’s a new year, with new income payment limits, so it’s time to adjust required cash flows from 1 July’. ‘It’s also time […]
High-time to boost contributions
The higher concessional cap allowance now for those aged 60 or over (as at 30 June 2014) means that it is an ideal time to start thinking and acting to optimise savings’ plans, a leading wealth manager says. For the ‘over-60s’, the limit has risen from $25,000 to $35,000 this year and ‘this is a […]
newsflash: The A to Z of managed accounts?
The A to Z of managed accounts? The managed account universe is becoming an alphabet soup of offerings. Here, Crystal Wealth provides a dictionary of terminology to help investors understand the different types of investment services being offered today. Managed accounts are quite different to managed funds. With a managed fund, units in the fund […]
Newsflash: SMSFs miss global stocks’ upside, fund manager warns
SMSFs are missing the upside of global stocks because many trustees do not invest offshore due to the cumbersome and expensive process, a leading wealth builder has warned. ‘One of the reasons that SMSFs don’t invest much in offshore stocks is because it is fairly cumbersome and expensive to do so,’ says Crystal Wealth executive […]