Noel Whittaker's Blog
By Noel Whittaker
Rising life expectancies mean more and more retirees are finding themselves asset rich and cash poor. One option is to downsize to a cheaper home, but if they are receiving a part age pension now, converting an exempt asset – the family home – to an assessable asset such as cash or shares could mean …
Even though offset accounts are one of the most useful investment tools you can have, very few people understand them. If you deposit money in a normal account you will probably earn less than 2% per annum and could lose nearly half of that in tax. However, when you deposit your money in an offset …