The Christmas / New Year period is a funny time in finance. With everyone on holidays, you would think that the office would go quiet, and the phone would stop ringing. The opposite is true.
While the last move on interest rates by the Reserve Bank of Australia (RBA) in May 2015 was down over the next few weeks and even into next year many borrowers are going to be getting a letter in the mail advising that their home loan rate is going up.
A self-managed superannuation fund (SMSF) will give you more control over your super and retirement planning, but it’s important to understand the responsibilities that come with being a trustee.
When Is It A Good Time To Start A Self Managed Superannuation Fund (SMSF)?
This is one of the most common questions we get from clients on SMSF's. There isn’t any one particular factor, but a combination of circumstances that may help you to decide when to start an SMSF and these include: