Introduction

By Pauline Hammer

Welcome Investors. 

In this issue, we have an interesting set of statistical data to share with you.

Firstly, The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication for the December quarter of 2009.  Note the growth of SMSFs.

How much income is enough in retirement?  The Westpac / Australian Superannuation Funds Association (AFSA) Standard have recently released new figures on the cost of living in retirement.  The survey was conducted and included the annual budgets of many Australians and their differing financial circumstances and requirements.

Once again we welcome and thank Bryce Figot and Dan Butler from DBA lawyers for their article which provides an update of the government’s proposed legislation to amend the tax treatment of instalment warrants. 

Finally, we welcome and thank AIA Members, Jon and Margot Kalkman, for their contribution to this month’s bulletin – “Our SMSF Portfolio”.  Jon and Margot established their SMSF in January 2008 and it seems they haven’t looked back since.  

I wish everyone a relaxing and safe Easter break.

Pauline Hammer CFP SSA Dip SA Fin Sub-Authorised Representative, Investment Strategists Pty Ltd, Corporate Authorised Representative of Professional Investment Services Pty Ltd AFS Licence 234951 Premium Adviser Rating and Self Managed Superannuation Fund Professionals Association of Australia (SPAA) Specialists Adviser.