The new tax is still subject to legislative passage with a stated commencement of 1 July 2025. It will mean a tax of 15% to the proportion of ‘earnings’ above $3m at the end of a financial year. For individuals with large super balances it’s wise to start considering management strategies
Peter joined Pitcher Partners in 2021 after a distinguished professional cricket career, representing Australia in Test and T20 international formats. Peter graduated from Deakin University holding a Master of Financial Planning, and is currently undertaking the Certified Financial Planner (CFP®) designation. Peter leverages his extensive knowledge to provide strategic superannuation advice and retirement planning tailored … Continued
With the new financial year underway, two major changes to superannuation are likely to impact many retirees to some extent
Middle market businesses continue to pull more than their share of economic weight in the Australian economy over the last 12 months as the economic landscape continued to shift and pivot in a fluid financial system.
We understand that the recent proposal to impose an additional tax on superannuation balances greater than $3m may be causing you concern and questioning whether you should be doing anything with your super.
A Client Director in Pitcher Partners Melbourne’s superannuation consulting and advisory practice, Brad has specialised in superannuation for over 20 years. He has worked in both the private and public sectors, including providing policy and technical advice to a range of government bodies and projects. Brad advises a broad client base including private business owners, … Continued
In February 2023, the Government announced an intention to pursue an increase in the tax rate applying to superannuation earnings on member balances over $3m.
Michael is a financial adviser who has worked with a range of private clients throughout his career, providing personalised financial advice and investment strategies tailored to each client’s unique needs and goals. Clients benefit from a truly holistic advice process, with Michael’s expertise in wealth management, retirement planning, tax minimisation, estate planning, and asset protection, … Continued
To entice more parents into the workforce, address labour market concerns and reflect modern family and work requirements, the Federal Government confirmed plans to scale up the paid parental leave scheme in the October Budget.
With an admirable career in wealth advisory spanning 18 years, Danny was drawn to Pitcher Partners Brisbane due to the independent and client centric nature of the firm and the work he is able to deliver. His expertise lies in advising high net worth individuals and family groups, able to provide a holistic wealth management … Continued