NEWS

Work test to kick in at age 67

9 Aug, 2020

Under changes to the work test, if you are aged 65 or 66 you can now put money into super even if you aren’t working. This gives people flexibility to make voluntary catch-up contributions for a few more years and give their retirement savings a last-minute boost.

Temporary Access to Super

10 Apr, 2020

As part of the measures taken by the government to support those impacted by COVID-19 some people will be able to access up to $10,000 of their super between now and 1 July 2020, with a further $10,000 in the first three months of the 2020-21 financial year, tax free.

New super changes

10 Jul, 2019

From 1 July 2019, inactive super accounts with no contributions or rollovers received over 16 months will lose their insurances benefits.

Living comfortably in retirement

3 Sep, 2018

At FLP, we encourage our clients to live the life they want to live by developing a plan to enjoy their money.

New downsizing strategy

14 Aug, 2018

Downsizing the family home is often part of the longer-term financial plans for many. New legislation now allows for a new super strategy.