At Stellar Super we are passionate about helping our clients get the most from their Super ~ what we deliver is confidence in the Super Advisory process. This purpose combined with our experience means we have the unique ability to provide a painless experience with the whole journey effectively being managed through one partner who is there for every step of the process to ensure our client’s needs are interpreted and implemented. We know from experience the best result is achieved through a high level, high touch experience, involving close collaboration with the client and delivering on the promise. Achieving quality outcomes for our clients that results in building trust and enhances our reputation is ultimately what drives us and what we do better than anyone else.
The Stellar Team
What client’s say
Starting up an SMSF was one of the best decisions for my family and I. With the help of the Stellar, I was able to purchase my business property through the Fund and pay the rent straight back in. Since doing this, I have seen a large increase in the Fund balance as well as a decrease in my annual tax bill! This set up is much more beneficial for me, and my family in the long run, as all of the rent that would usually be paid to a third party, gets to stay in the family and provide for our retirement. They took all of the stress out of buying a property and I found the Stellar team extremely helpful and knowledgeable about the processes.
Stellar Super have made my transition into retirement so much smoother than I could have imagined. After reviewing my goals and current situation, they recommended that I start a Transition to Retirement Income Stream (TRIS), as I am over 60, it meant that I could take these payments tax free. This second income enabled me to decrease my days at work, whilst not losing any of the income that our household functionality relied on.
I came to Stellar Super because my wife and I felt that we needed a more in-depth look at our SMSF. After discussing our situation with the team, it was identified that the pensions we were taking exceeded the amounts that we needed to sustain our lifestyle, and a re-contribution strategy was suggested. This particular strategy helped us sustain a sizeable balance in the Fund, whilst also decreasing the taxable amounts of our member balances so that our adult children would benefit from the tax savings when we pass on.
The Coalition Government has been re-elected in the 2019 Federal Election, with a small majority of seats in the House of Representatives, after taking a policy of stability for superannuation to the election.
In February this year, the Government passed legislation which prevents trustees of APRA-regulated funds from providing insurance to members with inactive superannuation accounts, unless a member has directed otherwise.
It is a common practice for many individuals with an SMSF to also have a secondary APRA-regulated fund which provides them with insurance.
A surplus election budget is the news coming out of the 2019-20 Federal Budget. With superannuation left largely untouched, the Government focused on further personal income tax cuts.
However, three key announcements include providing more flexibility for individuals to contribute at ages 65 and 66, the ability to choose their preferred exempt income tax method and increased funding for electronic super rollovers are welcomed.
This Federal Budget will provide much-needed stability and flexibility for SMSF members while looking to reduce red tape.