In this edition:
- Our Advice Manager Iby Ibrahim’s explains the 1 July changes to income tax, super contribution caps and the Government Age Pension, and what they could mean for you and your retirement planning.
- The Investment team reports on the performance of the global markets between January and March 2024 and the impact on your returns, and share insights into what to expect for the rest of 2024.
- We have a super helpful article on the tax implications of receiving an inheritance.
- Plus: Brain power! Easy things to do to ensure that your brain stays sharper for longer as you age.
Hi, I'm Pete and I'm extremely proud to be the General Manager of Guidance and Advice, leading an incredible team of financial planners. I've been with the organisation for 11 years, and what I love about working here is not only the depth and breadth of expertise in our team, but also the pride we have in helping people plan the best possible future.
In this quarterly update from us, be sure to check out the What's New round up of the most significant July 1st changes to income tax super and the age pension and what they may mean for you and your investments.
Australia's ageing population is bringing on the largest intergenerational transfer of wealth with ever seen in this country.Inheritance often comes with mixed emotions, but if you're preparing to receive or pass on an inheritance, it's worth making planned and informed financial decisions. Check out our super helpful article in this edition.
While you may know that our financial planners help members maximise their super savings, did you know they also help retirees with their financial strategy? If you'd like to learn more, please head to our website or give us a call today.
Market outlook
Chief Investment Officer Damian Graham reviews the final quarter of 2023/24 financial year and canvasses expectations for the year ahead.
What's new
Advice Manager Iby Ibrahim reviews the significant changes to income tax, superannuation contribution rules and the Government Age Pension and what it can mean for you.
Four things you can do to stay mentally sharp
Memory and cognitive function are essential for our wellbeing as we age. So, if we can just remember these four tips our brains will thank us.
What to do if you receive an inheritance
How beneficiaries manage an inheritance depends on whether it is cash, property, or shares. This article explores the tax implications and decisions that come with receiving an inheritance.
Disclaimer
This is general information only and does not take into account your specific objectives, financial situation or needs. Seek professional financial advice, consider your own circumstances and read our Financial Services Guide, any relevant Product Disclosure Statement & Target Market Determination, before making a decision. Call us or visit our website for a copy.
Issued by Aware Financial Services Australia Limited (ABN 86 003 742 756, AFSL No. 238430), wholly owned by Aware Super (ABN 53 226 460 365) whose trustee is Aware Super Pty Ltd (ABN 11 118 202 672, AFSL 293340). For customer service please call 1800 620 305. Financial planning services are provided by Aware Financial Services Australia Limited, ABN 86 003 742 756, AFSL No. 238430. Estate planning services are provided by Aware Super Legal Pty Ltd (ACN 606 835 170), an Incorporated Legal Practice.