Preparing for tomorrow
Imagine you were no longer able to look after your financial affairs, or, less dramatically, simply found it an increasing burden to manage your money. How easy would it be for a trusted family member to step in and help you?Read Full Article
Why Australian interest rates could stay low for decades… and what that means for your investments
Many investors fear the impact of a return to interest rates of 5%, 6% or even 7%pa that were considered normal just a few years ago. They worry about the impact on share and property markets, they worry about locking fixed rate term deposits and annuities and missing out on the big rate rises to come.Read Full Article
Super in your 60s. It’s still not too late!
For most Australians, their 60s is the decade that marks retirement. For some this means a graceful slide into a fulfilling life of leisure, enjoying the fruits of a lifetime of hard work. However, for many it means a substantial drop in income and living standards. So how can you make the most of the last few years of work before taking that big step into retirement?Read Full Article
The secret to ‘living the dream’
We all, to a greater or lesser extent, have an idea of our dream lifestyle. So how, as a nation, are we faring? To find out, the Financial Planning Association of Australia (FPA) commissioned a survey of more than 2,600 people from around the country. The resulting Live the Dream report provides an insight into the extent to which we are collectively living our dream life and, more importantly, reveals key habits and characteristics of those who are already doing so.Read Full Article
Debunking the myths around tax-paid 'investment bonds'
An investment bond is a managed investment, usually operated by an insurance company or friendly society, where your money is pooled with money from other investors and invested in the investment options each investor chooses.Read Full Article
Warning for SMSF trustees: New super pension cap of $1.6m now in place
The maximum amount of superannuation that can be used to fund a tax-free pension in retirement is now restricted to a cap of $1.6 million per member.Read Full Article
Australians at higher risk this year of being penalised for exceeding superannuation contribution limits
Changes to the superannuation rules in effect for the 2017/18 financial year are designed to further limit the amount of money Australians can contribute to the tax advantaged superannuation system.Read Full Article
Why most adults should consider appointing an 'enduring attorney' to safeguard their finances
An enduring power of attorney is a formal instrument by which one person empowers another person to act on their behalf for certain legal and financial purposes (e.g. dealing with bank accounts, transferring money, paying bills, dealing with investments, or buying and selling real estate) when they are unable to manage their own affairs.Read Full Article
2018 has seen sharemarket volatility return. Be alert - not alarmed – as the prospect for global sharemarkets remains positive.
Sharemarkets, so far in 2018, are providing a contrast to the robust returns enjoyed by investors in 2017.Read Full Article
You’ve paid off your mortgage! Now what?
Paid off your mortgage? Woo-hoo! Break out the champagne and celebrate the freedom you must now feel! But once the dizzy excitement has passed, what will you do next?Read Full Article
Does money bring happiness?
The short answer is ‘yes’, but only up to a point. People in richer countries are, collectively, happier than people in poor countries. Within countries, people with higher incomes are generally happier than people on low incomes. Surprisingly, once basic living needs are met, the amount of happiness gained from each additional dollar of income rapidly declines.Read Full Article
Australian banks still worthy of a place in most portfolios… despite what some commentators say
Barring disasters, the banks should produce returns of the order of 10% per annum over the next decade. With a yield of 8% including franking credits, we need just 2% per annum growth to get us to a 10% per annum total return. Even if we get no growth in earnings, an 8% per annum return means that banks will be worth a place in most portfolios - barring disasters.Read Full Article
A Reminder to Update Beneficiary Nominations for Your Super
When major life events occur in your life, such as divorce or starting/ending a de facto relationship, updating your nomination of beneficiary for your superannuation fund may not be high on your priority list.Read Full Article
Think it's too hard to sort your super? Think again!
If you have ever changed jobs, addresses or lived overseas, then it’s possible that you have lost track of one or more of your funds at some stage. Different employers often have different funds of choice when you have not personally nominated which fund want your Superannuation to be paid into, so it’s easy to end up with several accounts - especially if you move around a lot.Read Full Article
How having no will, or an invalid will, can cause unintended problems for your loved ones.
A commonly held myth about wills is that if you do not have one, all your estate goes to the government. While that is not quite true, the reality may still surprise many.Read Full Article
A quick glance at how the new superannuation rules could affect you.
The recent changes to the superannuation rules are designed to further limit the amount of money Australians can keep in the tax advantaged superannuation system. So, where does that leave you for your superannuation planning for this financial year? Here’s a brief summary of the key issues:Read Full Article
How much money are you placing at risk by not insuring your ability to earn an income?
Not many people risk being uninsured when it comes to their car or home. But many choose to not insure their most valuable asset – that is, their ability to earn an income.Read Full Article
Keys To Success When Investing in The Australian Sharemarket - Webinar
This 5-minute webinar discusses why the long term outlook for the Australian sharemarket is generally positive, though a key to success will be selective investing. We hope you enjoy the webinar.Read Full Article
Michelle Roberts Presents at Chocolate and Kale - Sunday 19th March
This unique event brings together 6 passionate practitioners who are experts in their field and aims to inspire and educate women to invest in their health and well being. Our Advisor, Michelle Roberts will be speaking about the importance of women protecting their significant contributions and their families.Read Full Article
Have you Over Indulged At Christmas?
Christmas advertising sees us inundated with things to buy for our loved ones. There’s toys and games for the kids, perfume & lingerie for the ladies, or hardware toys for the boys.Read Full Article
Can You Have More Than One Life Insurance Policy?
A question I am frequently asked is “Can you have more than one life insurance policy?”. The answer is yes - you can, and most people inadvertently do have multiple policies if you have more than one super fund.Read Full Article
Do you have adequate Trauma Insurance?
Cancer is unfortunately the most prevalent trauma condition in today’s times. When selecting adequate trauma insurance, medical expenses should be a significant component – but do you know the true financial cost of cancer?Read Full Article
Michelle Roberts wins Best Small Practice of the Year Award for 2016
Ms Michelle Roberts* has won the prestigious Australian Unity Best Practice Small Practice of the Year award for 2016.Read Full Article
Zombie Apocalypse Insurance? Unusual insurance policies you never knew existed.
Did you know there is insurance available to protect you in the event of a zombie apocalypse, or alien abduction? Or that pregnant women can insure against the possibility of having twins, triplets, quads or quintuplets?Read Full Article
Business Estate Planning and why YOUR business NEEDS it!
Business estate planning is the process of arranging your business affairs now to help ensure there is no unnecessary deterioration or loss of continuity in your business - appropriate business estate planning reduces risk.Read Full Article
Has it really been 26 years without a recession in Australia? Or is it only two?
How long is it since Australia had a recession? Most would say 26 years. That’s close to a world record! But, there are different ways of determining when we are in recession. In Australia, we use the simplest benchmark – a recession is when we have had two consecutive quarters of negative real GDP growth. In the US, a more complex process is used where a committee of economists consider a range of data before declaring – normally six months after the fact – whether or not the country is in recession.Read Full Article
Do you have enough life insurance?
Research shows that Australian families have only 38% of the life insurance cover they need. If something unexpected happened and you could no longer financially support your family, it would be comforting to know that your life insurance would provide for you. But recent research from Rice Warner suggests that wouldn’t be the case for most families.Read Full Article
How long will your savings last in retirement?
Retirement calculator - how much do i need? Use this chart to roughly work out the life expectancy of your retirement savings and read about various strategies to help you stretch the life expectancy of your retirement savings.Read Full Article
Why ‘short-termism’ is hard-wired in investors
Here is the latest edition of ‘Financial Insights’ which discusses why ‘short-termism’ is hard-wired in investors, and why it’s bad for your wealth.Read Full Article
“Thank you to my clients for the vote of confidence!”
Michelle Roberts extends a big thank you to her Financial Planning clients, after receiving excellent feedback on a recent survey.Read Full Article
An Introduction to Borrowing Through a SMSF
There’s a lot of noise in the market place at the moment about Self Managed Super Funds (SMSFs). Back in the day, we weren’t allowed to borrow within SMSFs for investments like property or shares. But since 2007, all this has changed. Today we are able to borrow to purchase both commercial and residential property as well as a range of other assets.Read Full Article