Markets are influenced by many things – industrial, economic, political and social factors can all have an impact. For example, consumer and
business confidence affect spending and therefore company profits. Global trade and production naturally affect economic growth. Poor
political and fiscal decisions in some countries may lead to a flow-on effect in other countries who are owed money. And of course, natural
disasters can cause major damage to any economy with no warning. During times of market volatility, it’s important to remember one of the
fundamental principles of investing – markets move
in cycles.
Information in this document is based on current regulatory requirements and laws, as at 1 July 2020, which may be subject to change.
A testamentary trust is commonly used by estate planning lawyers to protect the assets and inheritance of the testator’s benefciaries from creditors, family law actions and providing flexibility in relation to the distribution of the estate.
There are limits on how much you can pay into your super fund each financial year without having to pay extra tax. These limits are called ‘contribution caps’.
