Vanguard Group - 2016 Review

2016 In Review

Brexit, Donald Trump, concerns about China’s economy, bond yields going negative: it’s been unusual and challenging year for investors.  As 2016 draws to a close, Portfolio Specialist John Owen reviews what’s happened in investment markets this year and looks ahead to 2017. 2016 was an unusual and challenging year on several fronts for investors. The…

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Practice Update – November 2016

Survey for SMSFs using LRBAs The ATO has announced that it will be contacting some SMSF trustees in November 2016 to participate in a survey about the use of ‘limited recourse borrowing arrangements’ (‘LRBAs’) to acquire assets for their SMSF. The ATO will email a sample of SMSFs that reported LRBA assets on their 2015…

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Practice Update – October 2016

Government ‘backflip’ on superannuation changes Following further consultation, the government has announced the following ‘improvements’ to the superannuation changes announced in the 2016/17 Budget: the $500,000 lifetime non-concessional cap will be replaced by a new measure to reduce the existing annual non-concessional contributions cap from $180,000 per year to $100,000 per year; individuals with a…