It’s been a difficult year for my 82-year-old widowed Dad. He had a strong heart, perfect blood pressure, complete mental capacity but …
By Rachel Lane MFP If you believed everything you heard about retirement villages lately, it would be easy to conclude that these …
When we hear the term ‘granny flat’, we envision a self-contained unit attached to a private home. Often, this may be …
“The vital role of insurance in super for disability care”. This is a sad and true story of a young man – let’s call him Mikey – who in July 2015 at the age of 31 suffered devastating injuries whilst participating in the sport he loves, mountain biking. Mikey is now a tetraplegic, meaning his injury affects all four limbs, and with limited neurological recovery expected, he will always have a high dependency for care.
Your will is the legal document that outlines how the assets that comprise your estate are to be distributed, but some primary assets are not included in your estate.
China’s national bureau of statistics recently revealed that in 2015 the country’s gross domestic product grew at its slowest rate in the past 25 years, reigniting fears of a prolonged slowdown for 2016. As expected, this headline added to nervousness and even panic in global markets. Decades of exceptional double-digit growth rates and unquestioned over-reliance on China’s ability to drive growth have built some very high expectations.
Superannuation legislation is full of complexity which unfortunately disguises valuable financial planning opportunities. One example is the decision whether to commence a reversionary pension or a non-reversionary pension as part of estate planning. Both pensions can be paid from an SMSF provided the Trust Deed allows for these benefits, but it’s important to know the differences.
Investing Insights – Looking back over the last quarter of a century, the main theme – despite the enormous changes during the period – has been history repeating itself. Bust follows boom, boom follows bust, and today’s investment fashion is quickly replaced by another.
For some years, most analysts have been expecting stronger economic growth but it has failed to eventuate. The problem is that equity investors fail to recognise the market is over-heated because it has been propped up by ultra-low interest rates for so long. The big question is what happens when the US starts to increase interest rates?
Economic growth is the central assumption underlying our political and economic systems. It is the mechanism relied upon for improving living standards, reducing poverty to now solving the problems of over indebted individuals, businesses and nations.