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Herald Sun: 'A great super switch is underway'
Chris Morcom, Anthony Keane
Hewison Private Wealth
5 Apr 2017
Hewison Director and superannuation / SMSF expert, Chris Morcom, is quoted alongside others in a Herald Sun (and NewsCorp syndicated) article, advocating that super still offers advantages, even with the looming superannuation changes.
Wealthy Australians are shifting billions of dollars out of their tax-free superannuation pensions ahead of tougher new rules — but in most cases the money is going straight into another super fund. A new limit of $1.6 million on how much people can hold in tax-free super begins on July 1, a move expected to return $550 million to taxpayers next financial year — and $1.5 billion the following two years — by removing a huge tax shelter that the rich have enjoyed for a decade.
Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email [email protected] or visit www.hewison.com.auPlease note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.