Covid-19 has caused considerable stress and misery but every cloud has a silver lining and that lining in the case of covid-19 may be the speedy development of a regime for permitting companies to sign documents using electronic means rather than the so-called ‘wet’ signatures of directors.
COVID-19
SMSFs not to be subject to retirement income covenant
Only a few months ago, the Government was proposing that trustees of self-managed superannuation funds (SMSFs) were to be subject to a retirement income covenant, which would require the trustee to have a strategy that outlines how the trustees plan to assist their members to balance three objectives; namely maximising their retirement income, managing risks and having flexibility to access super savings.
Has COVID changed retirement plans as much as low interest rates?
While it is too early to judge if COVID has brought forward the number of seniors retiring in Australia, what is known is that retirees face years of low interest rates with the RBA Governor stating several times that interest rates won’t rise until 2024.
Nearing retirement? May be a good time to move shares into super
The market volatility and uncertainty during the past year and a half of COVID-19 have many share investors understandably rattled.
Pets the big winners from Covid-19
For many years we have been increasingly treating our pets not just as loved members of the family but having the same status as our children or partners. ‘Pet Humanisation’ is a Global Megatrend that has actually accelerated due to the effects of Covid-19 and is unlikely to reverse in coming years.
New ASX-listed Growth Fund with a focus on ‘owner-managed’ Aussie stocks
Intelligent Investor’s Australian Equities Growth Fund (ASX: IIGF) has reached its minimum listing requirements and will list on the ASX early next month.
COVID-19 rent deferral IHA relief
The ATO has issued draft SPR 2020/D2 which when registered will exempt SMSFs that allow a rent deferral to a related party tenant from the in-house assets provisions in certain situations.
AusBiz TV: Megatrends to watch out for
John Lobb, Portfolio Manager at Insync Funds Management, identifies the global megatrends that are providing important tailwinds to stocks and sectors.