Financial Planning articles
Transferring UK Pensions to Australia
When a person decides to leave the UK for good, they have two options on what to do with their pension funds. One is to leave it as it is under the care of a UK pension provider. The other option which members often choose is to transfer the funds...
Transferring Your 401k and IRA Pension Funds to an Australian Super
The process for retiring in your own country and filing the documents needed to receive pension is quite easy and convenient. However, it might be a bit more complicated if you plan to retire in Australia and have your hard-earned money transferred into a super account.
The Process
Australian expats and U.S....Do you have a reversionary beneficiary in place for your super account?
Life is full of uncertainties and having your family protected in case you leave can be enough to give you peace of mind. Ensuring you have a beneficiary nominated for your reversionary pension is one of the prime examples of caring for your family even after you’re long gone.
What is...
Property Market Update: House Prices in Sydney over the Past 12 Months
According to one of the major credit rating firms, Australia might have to face the biggest price declines on properties this year. Prices have been in a decline for a good 18 months already but it looks like things aren’t stopping there. The country’s housing market has been in a...
Stock Options and RSUs – What’s the difference?
Organizations often offer various incentives to employees to encourage them to increase their output or stay longer to serve the company. In addition to salary increases, companies may offer stock options or restricted stock units (RSU) to deserving employees.
But what’s the difference between the two? Which one is better?
Here’s a...
Buy a House Sooner with the First Home Super Saver Scheme
Saving money to buy your first home can be challenging, especially when you have bills to pay and other expenses to attend to. Good thing the government is here to help you save more through the First Home Super Saver (FHSS) scheme.
Saving More with FHSS
In the past few years, the...Save More Money With Government Sponsored Rebates
Just this 2018, the NSW government released over 40 different types of rebates and savings that can help residents across the state save more money. They even took the initiative to make it easier for people to access by providing an online portal where they can register for the savings...
Taking Advantage of the Difference in Interest Rates on Property Loans
Are you planning to invest in a property to make it an income-generating asset? Or maybe you found a good spot where you can live and retire? Whichever the answer is, you have to consider the repayment plan and interest rates associated with the investment. Knowing the available options and...
What happens to your super when you resign?
Building your super is one of the easiest and best ways to secure your retirement fund. When you’re employed, your employer is required to regularly contribute to your super, giving you an extra boost to grow it bigger and faster.
However, there may come a time when you need to leave...
Using fractional property ownership to crack the property market
One of the more affordable options to invest in a property is by putting money in real estate investment trusts or REITs. Now, with the appearance of fractional property investment platforms, people now have another method to get into property ownership.