Research shows that Australians are underinsured which has led to the proliferation of television advertisements promoting personal insurance cover. Are these quick and easy plans suitable for your family? Research undertaken by Rice Warner in 2017 revealed that, on average, Australians had Life and Income Protection insurance meeting only 61% and 16% of their needs…
The government regularly reminds us that each Australian must take responsibility for funding their future. Regardless of when you will be able to access your super, or when you choose to stop working, you need to be aware of how your superannuation is being managed and if the final balance will be sufficient when you’re…
Many grandparents want to give their grandchildren a head start in life, and a common way to do so is to help by paying some (or all) of their school fees. This can, of course, simply be done by making a contribution at the time the fees are payable. However, it’s not unusual for grandparents…
With the recent falls in domestic and global investment markets we are now starting to hear reports about people who are experiencing large and unexpected declines in the value of the underlying investment portfolio of their retirement income funds because they were not constructed to withstand episodes of short or long-term below average market returns.
Establishing an investment portfolio can be likened to building a home. The most destructive, yet unpredictable, weakness to the structure of a home is the weather. Even in these most technically advanced days, we are still unable to accurately predict the weather. And so too, a person is foolish if they think they can successfully…