Articles
Kicking financial goals in 2022
After a difficult year of COVID disruptions and uncertainty, the summer holidays can’t come quickly enough. It’s a chance to refresh and reflect on the year that was and hopefully set some goals for year ahead. Yet this year more than most, many of us may feel that our personal and financial priorities have shifted…
Setting up a support team
How to choose the right people to help protect your financial assets To reduce your vulnerability to elderly financial abuse, it’s important to have a strong support team around you that you can rely on and trust. These are the people who will help you make decisions about your money, so you need to make…
Finally, a super idea for extra retirement income
The federal government’s recent “Retirement Income Review” pointed out that many retirees live on just the income from their superannuation, rather than drawing down on the balance as they progress through retirement. This seems to be partly due to the major misunderstanding that this is how the system is supposed to work, and partly because…
What exactly is inflation?
By Beatrice Yeo, Economist What exactly is inflation? Why is the RBA so keen to see it return? And more importantly, what does this all mean for investors? The Reserve Bank of Australia has recently made an unprecedented change to the way it targets inflation. The bank’s mandate is to use monetary policy to keep…
The financial rewards of optimism
If it wasn’t already clear, the past 12 months certainly cemented the fact that life has a habit of throwing us the occasional curveball. The reality is we all face challenges, however approaching life with a positive mindset can help us deal with any issues we may face and improve our lives in many ways….
Time to review your income protection cover
If you’ve owned an individual income protection or salary continuance policy in recent years, you may have seen your premiums increase as insurers struggled to cover their large losses on these products.i Given the ongoing competition and generous features in some products, the Australian Prudential Regulation Authority (APRA) has decided it’s time for some new…
Counting down to June 30
It’s been a year of change like no other and that extends to tax and superannuation. As the end of the financial year approaches, now is a good time to check some new and not so new ways to reduce tax and boost your savings. With so many of us confined to our homes over…
Managing investment risk in uncertain times
2020 exposed investors to the end of a bull market and the start of a global recession, all caused by a totally unexpected global pandemic. The outlook for the global economy and investment markets remains uncertain until an effective vaccine is available. While there is cause for optimism now that vaccines are becoming available, the…
Mind the insurance gap
At a time when many people have been focused on their family’s health and livelihood, having adequate life insurance has never been more important. Yet the gap between what we need and what we have, has been growing. Life insurance is all about ensuring your family can maintain their lifestyle if you were to die…
Strategies to rebuild super after early access
If you’ve accessed your super early due to COVID, there are a number of strategies that can help you get your super back on track, when the time is right. Three strategies to rebuild your super There are three key strategies that could help you boost your retirement savings between now and retirement. 1. Allocate some…
A life stage guide to retiring well
In the early years of working life, retirement can seem too far away to be a priority. We talked to Stevie-Jade Turner CFP®, about how she helps her clients get their finances in shape for a better future at every life stage leading up to retirement. In your 20s: Stick to a budget While this…
Scottie’s Story
Scottie lives in country NSW with his wife and daughter and works as a Project Manager. He was diagnosed with bowel cancer when he was 40. Thanks to his financial adviser’s guidance, Scottie had Critical Illness and Income Protection cover. The claims payments he received from TAL provided financial support, so Scottie and his family…