Q&A

AGM strike season approaches

Q: I am a Computershare shareholder and will be attending the company’s annual general meeting next month. At last year’s AGM the company received a first strike after there was a large vote against its remuneration report. What will happen…

NALI definition expanded

Q: The Government has passed a bill that cracks down on the use of super fund income strategies involving non-arm’s length income. I am a self-managed fund trustee and thought there were already rules in place to stop this sort…

ATO increasing tax return checks

Q: I saw that the tax office is planning to review every tax return, not just a sample, looking for incorrect claims. What will it be targeting? A: The tax office says that each year it contacts about two million…

Q&A

Q: What are the best shares to invest in outside the big four banks that will provide me with a strong dividend yield? A: At the end of the company reporting season, 88 per cent of full-year reporting S&P/ASX 200…

Q&A

Q: My wife and I have recently established an SMSF with a corporate trustee and we want our 17-year old son to join the fund. Can he join? A: We often get asked by our clients who are contemplating establishing an…

DCA under the microscope

Q: I have read that when markets are volatile, a good way to reducing risk when investing is to use dollar cost averaging. How does this strategy work and what are its pros and cons? A: Dollar cost averaging is…

Q&A

Q: I have retired and moved my superannuation benefit into a superannuation pension. I know I am required to draw a minimum amount of income each year but I don’t know how much. Can you help me? A: Retirees who…

Everyone’s talking bond proxies

Q: I keep reading about how I should be looking for bond proxies as a replacement for term deposits and bond funds, now that interest rates are so low. What are bond proxies and are they really going to be…

Getting home downsizing right

Q: We have recently retired and are planning to sell our family home for something smaller. We are thinking of using the home downsizer scheme to top up our super but have heard there are a few traps for the…

The work test exemption for new retirees

Q: I am 67 and planning to retire at the end of the year. In understand there is a new rule that allows me to continue contributing to super for a while after I retire, even if I am not…