Straight to content

Welcome to the new year and the February edition of E-link!

More and more people are choosing to manage their own superannuation, and in this edition we look at some of the factors to consider before opting for a self-managed super fund. We also highlight strategies that may enhance your fund’s performance.

Members of superannuation funds receive their annual statements around November or December each year. We show you a sample benefit statement and explain what it all means.

The requirements for claiming business losses against your other income have changed recently. We review all of the requirements to take into account when deciding whether you can claim the loss or have to carry it forward.

On 1 January 2011, a new licensing regime was put in place for representatives providing consumer credit advice. We take a brief look at the new National Consumer Credit Protection Package and what protection consumers can expect.

Finally, we have included a calendar of important dates to watch over the next few months. We hope that you enjoy these articles and find them informative. As always, we love to hear your feedback, so please share your comments with us using the link below. Please click here to give us your feedback.

Regards,

The Bongiorno team

The pros and cons of self-managed super funds

Around 2000 self-managed superannuation funds (SMSFs) are set up every month. What advantages does an SMSF offer to offset the high management costs? Read More »

Understanding your superannuation statement

The government regulates the information that must be contained in a superannuation statement and we explain the components to you.  Please download the explanatory statement here. (It may take a minute to download due to file size.)

Non-commercial business losses

The rules about claiming business losses have changed, and they will affect higher income earners in particular. Read More »

Consumer credit code

Australian consumer credit regulation changed on 1 January 2011. Find out about the new protections you can expect. Read More »

Selecting the right income protection policy

Working out the best combination of income protection policy options for your own circumstances can be challenging and time consuming, and requires some specialised knowledge. Read More »

Upcoming dates

We are pleased to be able to provide you with some upcoming dates...Read More »