Financial Tips: Is an SMSF right for you?

There are good reasons why self-managed super funds (SMSFs) are the biggest and rapidly growing super section in Australia. However, you should first consider the pros and cons of starting an SMSF, as well as seek expert advice as to whether SMSF is right for you.

How Big Should Your Nest Egg Be?

Size definitely matters when it comes to superannuation if you want be financially secure when you retire. Hence you have to know how much money you’ll need when you stop working and to ensure that your employer’s as well as your own contributions are enough to compensate that goal.

Time for SMSF Check-up

The start of 2015 is the best time for SMSF check-up. It is important to review your Self-Managed Superannuation Fund (SMSF) at least twice a year, and one of the best times for a bi-annual check is the beginning of the calendar year. It is also crucial to make sure that your asset allocation target is achieved. To do this, a few administrative tasks needs to be accomplished first.

5 Quick Steps to Wealth Checklist

These 5 quick questions are a great start to reviewing your finances. 1. Your superannuation or retirement savings will help you enjoy your requirement. Do you have a strategy in place to achieve your goals for retirement? Yes/No 2. The lending market is very competitive and looking across different providers can save you thousands of […]

Introduction to BMG Wealth

Own your tomorrow’s by taking action today. Introducing our new division BMG WEALTH and AARON HENDRIKSON BMG Wealth -bringing you one step closer to your financial freedom. experience a stress free, personalised approach protect your wealth by developing a tailored plan source the best finance products to suit the needs of you, your family, or […]

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