Government Dumps Lifetime Concessional Cap Limit

September 15, 2016

Basic common sense has prevailed today with the Federal Treasurer (and Member for Cook) Scott Morrison and Minister for Revenue and Financial Services Kelly O’Dwyer announcing that the Budget decision to have a lifetime non-concessional cap of $500,000 has been dropped. Instead the Government announced a reduction of the current annual non-concessional cap from $180,000 … read more

Federal Budget Fallout

August 10, 2016

As the dust settles on The Federal Government’s 2016 Budget we are in the position of advising people on rules that may or may not be legislated. Hence we have been preparing two sets of projections, one under current legislation where $180,000 per annum in non-concessional contributions is allowed, and a second set where there … read more

100-Year Tribute to The Battle of Fromelles

July 18, 2016

On Friday 15th July 2016 Lanham Financial Advisory hosted a Legacy Luncheon as a 100-Year Tribute to The Battle of Fromelles. On 19th July 1916 Australian soldiers launched their first major attack on the Western Front. The operation was a disaster and has been termed “the worst 24 hours in Australian history”. Our CEO Peter … read more

Lanham Legacy Lunch Invitation

June 6, 2016

Lanham Financial Advisory presents BATTLE OF FROMELLES 100-Year Tribute Lunch FOR LEGACY On 19 July 1916 Australian soldiers launched their first major attack on the Western Front. The operation was a disaster. Over 5,500 Australians of the 5th Australian Division were killed, wounded or captured in what has been termed “the worst 24 hours in … read more

Will your super keep you above the poverty line?

May 26, 2016

If you’re planning to retire in the next 10 years, you should look closely at your superannuation fund’s strategic target at retirement to ensure that you are not left living your retirement years below the poverty line. With essential living costs increasing at a faster rate than the official CPI rate, and with doubts about … read more

Budget Hits Middle Class Mums and Dads … Unprecedented Grandfathering

May 17, 2016

The Federal Government’s 2016 Budget has unfairly impacted a generation of middle class ‘mums and dads’ who are already retired. These retired mums and dads have diligently accumulated their savings throughout a lifetime of work where there was no compulsory superannuation or fiscal inducement to provide for their own retirement. From the Hawke/Keating era retiring … read more

Budget Dents Aspirations of those Retiring in Next 10 Years

May 10, 2016

The Federal Government’s 2016 Budget aimed to deliver a crack-down on high income Australians, but has instead dented the aspirations of middle income Australians within 10 years of retirement and looking to accumulate sufficient wealth to live life to the fullest throughout their retirement years. Australians will need at least $1.5 million in retirement in … read more

Budget Changes to Super – the Good, the Bad, and the Ugly

May 4, 2016

In light of the Federal Government’s recent budget announcement on 3 May 2016, regarding the legislation around superannuation, we have covered the six key changes and how it will impact your retirement. The Government says it will legislate the objective of superannuation ‘to provide income in retirement to substitute or supplement the Age Pension.’ This objective … read more