So what is the main purpose of a self managed super fund. The main reasons why individuals setup a fund are for control, flexibility and transparency over their super money. Before you can understand whether it is right for you, you need to first understand the mechanics of how it works and the benefits you might be able to receive out of your self-managed super fund.
Our Senior Advosr Chris Magnus quoted in a recent article on saving tips and the mindset of accumulators at the moment. Read Here
Are you keen to move your financials to the cloud but your not sure where to start? There is multiple solutions in the market place to run your finances online – each bank have their own version, there is the accounting software Xero or new apps such as pocketbook. Each have their own benefits and […]
It is time to pull those old dusty super statements from your ‘everything’ file and give it a makeover. With recent changes in superannuation industry – such as the growing popularity of Self Managed Superannuation Funds (due to lower administration costs and the ability to buy property) and the introduction of My Super (a […]
As part of the FPA education month – Our Myles Thornton has been on a panel of experts answering questions you might have about your personal situation. If you want to ask a questions, just contact us or you can read the responses by clicking on the link below and going through to the FPA […]
A buffer can be referred to in many different terms – a rainy day account, savings account, emergency account or safety account. It doesn’t matter what you call it or what interest rate it earns provided you have one. So why do you need it? In life, there are many expected and unexpected events. The […]
One of the greatest advantages of the development of the internet is the access to information we can get at the click of a button. From a finance perspective, this is great as it allows us to compare multiple products in an effecient manner. This is also the problem – by having access to all […]
Hi, my name is Chris Magnus and I am a Senior Financial Advisor at Ark Total Wealth. Choosing the right financial advisor can make a big different to your life outcomes so it is important that you ask your prospective advisor the right questions both themselves personally and also about the business who they work […]