For David Bach, few purchases are a bigger waste than a new car.

If you run a self-managed super fund then the end of the financial year throws up a range of opportunities and risks in almost equal measure. Either way, it’s time to get organised.

“Neither a borrower nor a lender be,” says Polonius in Shakespeare’s Hamlet.

Advice practices need to have worthy reasons for moving across to managed account platforms or risk getting it wrong from the start, says Dan Miles, managing director and co-chief investment officer of Innova Asset Management. Miles, speaking at the…