IS A TRANSITION TO RETIREMENT INCOME STREAM STILL WORTHWHILE?
By Colin Lewis, Head of Technical Services A transition to retirement income stream (TRIS) provides access to your superannuation whilst still working once you reach preservation age. TRISs were introduced by the Howard Government back in 2005 to help people ‘transition into retirement’ by allowing them to use their preserved super to supplement their reduced […]
FEDERAL BUDGET 2019
By Colin Lewis, Head of Technical Services How sweet it is with an election looming! The measures announced this Budget are proposals only and must go through Parliament to become law. Accordingly, it may take a newly elected Coalition government to get these measures through – and they’re counting on this Budget to help them […]
Subcribe to our Newsletter
If you would like to receive future editions of RV News by email, please email us at firstname.lastname@example.org. Write in the subject line “Subscribe to RV News”, and for identification purposes provide your full name and the name of your adviser or fill out the form below.
SUPER’S NEW WORK TEST EXEMPTION
By Colin Lewis, Head of Technical Services The Australian superannuation system is designed around saving for retirement. The ‘sole purpose test’ – a cornerstone of super law that drives this position – ensures that a super fund is maintained for the purpose of providing benefits to members upon their retirement, or attaining age 65, or for beneficiaries […]