Virtue & Partners Latest News

It is important that we are on top of current events in our world and how they can affect markets and economies - both local and abroad

Enjoy the latest from the Virtue & Partners news desk.

What recent retirees can teach pre-retirees

  Frank Sinatra's My Way probably hasn't been among the karaoke top 100 for years. Yet its signature lyrics, "regrets, I've had a few", will certainly resonate with all of us – including recent retirees.
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Deloitte points to ‘red flag’ SMSF patterns

  Deloitte has outlined behaviours that typically do not pass the “sniff test” and can alert the ATO to potential non-compliance or suspect SMSF transactions.
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Save early, save often

  One of the underlying attributes of Australia's superannuation system is that it starts young adults saving for retirement as soon as they join the workforce.
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Government pushes forward with multinational tax measures

  The Australian government has introduced legislation to Parliament to implement a new string of tax measures to prevent multinationals from profit shifting.
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Jump-start your retirement savings

  Unfortunately, many people would reach their mid-fifties and conclude that their savings are not on track to finance a satisfactory lifestyle in retirement. 
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Government urged to rectify ‘legislative shortcoming’ with CGT relief

  The Tax Institute has called for an extension of the deadline for applying the CGT relief in respect to the segregated approach, amid concerns some SMSF trustees are at risk of missing out.
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Some financial terms explained

  Below are four important financial terms.  They are Transition to Retirement; Pension Phase; Allocated Pensions; and Estate Planning.
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Areas of key focus for SMSFs in 2017.

  As the new legislative changes to superannuation are rolled out, national law firm Gadens has flagged what key areas professionals will need to act on, with time already “running out” on certain items.
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Your New Year reading: beyond John Grisham

  Behavioural economist and psychologist Daniel Kahneman has begun 2017 by retaining his place near the top of The New York Times best-seller list, wedged among the latest John Grisham legal thriller, The Whistler, and the psychological thriller The girl on the train by Paula Hawkins.
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What a long-term view of the market can teach investors

  The curtain coming down on another year has a way of focusing the mind on how time is passing. 
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CGT confusion seeing unnecessary sell-offs

  A lot of SMSF trustees are confused by the CGT transitional relief provided in the super reforms and are selling off fund assets ...
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‘Devastating’ property investments hitting SMSFs

  Several SMSF professionals have revealed that their clients are being increasingly the target, and victims, of dodgy property schemes promising high yield and minimal risk.
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