With the raft of recent reforms to super, is superannuation still the best long-term wealth accumulation structure? One could be forgiven for thinking that superannuation was no longer worth it.

With the reduction in concessional contribution caps to $25,000 each year, and maximum non-concessional contributions of $100,000 per annum, no doubt clients are asking “how is anyone going to put enough away to reach the $1.6 million transfer balance cap?”

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.