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Robert T. Gemmell
The author was born in Glasgow, Scotland, in 1940 and migrated to Australia in 1962. He has a bachelor of science (1970) and a master of science (1973) from the University of New South Wales, a doc...view moreThe author was born in Glasgow, Scotland, in 1940 and migrated to Australia in 1962. He has a bachelor of science (1970) and a master of science (1973) from the University of New South Wales, a doctor of philosophy (1982) from the University of Queensland, and finally a doctor of science (1995) again from the University of New South Wales. Employment was initially with the Anatomy Departments of Glasgow and New South Wales Universities followed by the Australian Atomic Energy Commission, the Commonwealth Scientific Industrial Energy Organisation, and finally, the Anatomy Department in the University of Queensland, from which he retired as the head of department in 2005.
His research interests were in mammalian reproduction. The major advantage obtained from his academic career, which aided the management of his superannuation fund, was the maintenance of accurate records. Throughout his employment with the University of Queensland, he was a member of the UniSuper superannuation system. With the assistance of a financial planner and an accountant, a self-managed superannuation fund was set up in 2005 with the author and his wife as trustees. From 1996 to 2005, money was invested in mortgage funds, property trusts, and stocks, and these funds along with the monies from UniSuper were transferred into the new self-managed superannuation fund.
In 2005, 33 percent of the fund consisted of stocks, 41 percent in property trusts, 24 percent in mortgage funds, and 2 percent in cash. These percentages have changed over the last ten years, and in 2016, the proportions were 65 percent in stocks, 33 percent in property trusts, 1 percent in mortgage funds, and 1 percent in cash.
The author is a long-term investor and has outlined the conditions for buying and selling stocks and property trusts. He has written this book with the aim of assisting other retirees with self-managed superannuation funds.view less
Books by Robert T. Gemmell
Self-Managed Superannuation in Retirement: a Personal History Through the Global Financial Crisis