#Retirement
How to ensure your future retirement is comfortable
Making informed investment decisions to secure a comfortable retirement Understanding the impact your preservation age has on your retirement plans Ensuring financial longevity rather than short term returns. Following the launch of their ‘Don’t Die Poor’ campaign in late March, Melbourne-based financial advisory, Pekada, are determined to maintain this momentum with their recent insights into […]
Career breaks fuelling gender superannuation gap; super an ‘afterthought’ for SMEs owners
By the age of retirement, the average working woman will have lost $160,000 in superannuation due to career breaks, according to REST Industry Super. To determine the financial impacts of career breaks on working Australians, the superannuation fund commissioned research, including a survey of 1030 men and women who had taken a career break of […]
When selling a small business, failing to prepare is the same as preparing to fail
If “location, location, location” is everything in real estate, then “preparation, preparation, preparation” is equally important when selling a small business. There are many reasons why a small business owner might decide to sell, but preparation is the one common ingredient that can make the difference between a sale and a fail. The single most […]
No super policy change will affect the retirement of 50% of Aussies: ISA
In its submission to the Tax Review, Industry Super Australia has forecast that close to 50 per cent of Aussies retiring from now to 2055 will not have the income necessary for a comfortable retirement.
Small business must embrace older workers
An increase to the retirement age may herald good news for small and medium sized business owners as the government moves to raise the pension age to 70.
Why SMEs need to make succession a priority
The future viability of small businesses is being risked as owners increasingly fail to recognise the value of an exit strategy.
Are you prepared to leave the business you built?
As boomers approach retirement, more and more small business owners are looking to pass the reigns of leadership to the next buck, or in some instances sell the business altogether. “Many of our CEOs are baby boomers approaching retirement age,” says Kathleen Richardson-Mauro, co-author with Jane M. Johnson of “Cashing Out of Your Business”. “We’re […]
Baby boomers back for an encore
Older Australians are increasingly finding themselves in a new stage in their careers in the years between the end of their 50s and the beginning of retirement.
Succession Planning: ‘It’s make or break’
The end of the Second World War led to the start of the great Australian baby boom, when many of today’s leaders and business owners were born. Today, these same baby-boomer business owners and CEOs nearing retirement are faced with a burning issue – to whom should they hand over the reins?
92% of baby boomers plan to travel on retirement
92 percent Baby Boomers plan to travel around Australia after they retire, but half of those surveyed don’t feel confident in having the money to do it when they retire.
Uncertainty delays retirement for SMB owners
Fewer Australian SMB owners are contemplating retirement because of continued economic uncertainty and unsatisfactory superannuation, according to a recent survey.
Australians too lazy to secure retirement
REST Superannuation has found that the majority of members are missing out on retirement benefits despite knowing they are eligible to receive them, according to a recent survey.
Running your own super fund
Small business owners are showing strong interest in self-managed superannuation funds and saving for retirement and for when they’re no longer working full-time. However, often, your self-managed super fund (SMSF) becomes your new ‘small business’. Read on to see how you can make the most of superannuation. Many businesspeople have been hesitant to start an […]
Grow your business with superannuation
The changes to superannuation over the past two years have created an exciting opportunity for SME owners. Even if you’re nowhere near retirement age, you now have the ability to use superannuation to grow your business, control premises and provide for a comfortable retirement all at the same time. Recent changes relevant to SMEs, in regards […]
Preparing for exit and succession
Bill Hovey, CEO of Linchpin Group Australia, asks just how prepared are you for your business exit and succession? Read on to see if you’re one of the few business owners prepared for exit, with a succession plan in hand. Each year, Linchpin Group Australia succession management undertakes a proprietary survey as part of a […]