CPD: The third layer of defence – portfolio protection

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Australians are living longer and our superannuation system is widely considered one of the best in the world. Logically, people who are living longer should expect to work longer. To be sure, the Australian government wants us to be self-funding for as long as possible, especially with the high medical costs of our latter years […]

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CPD: Resolutions for a new year

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As the end of the year rapidly approaches, clients will be planning for 2018. In this article, Centuria looks at ways to encourage clients to build their investments in the year ahead, whatever their longer-term goal. Year end is a time for people to take stock and plan for the year ahead. This often involves […]

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Client experience demands will see the end of planner offices closing for Christmas says Mentor Education

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The luxury of financial planners being able to close their offices for the Festive Season (or any extended period these days) have well and truly been dispatched to the pages of history in the new era of delivering exceptional client experience said Mentor Education Group Chairman Dr Jim Taggart. Commenting further Dr Taggart said “Of course […]

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Aussies to suffer post purchase blues this silly season

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A new study from AMP, a leading financial services organisation, has revealed over two-thirds (69 per cent) of Aussies suffer from ‘post-purchase blues’ – the feeling of regret, worry or remorse after purchasing a product or service. With a record $50bn1 expected to be spent this  Christmas, the research suggests more and more Aussies could be singing […]

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Rising dementia rates to impact estate planning

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As Australia’s population ages, the number of people who will be affected by dementia is a growing issue, and as well as the personal and emotional impact of dementia on both the individual and their family, there is also a practical consideration. “We are increasingly talking to people who have a parent suffering from dementia, […]

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Financy Women’s Index cuts through pay noise

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The Financy Women’s Index shows why we need to focus on data facts as we press for change on gender pay. The release of the latest Financy Women’s Index received increased media attention just as many high profile women and their supporters push for an end to the gender pay disparity in Australia. In an ABC Lateline exclusive, […]

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1 November law change: new intestacy laws grant automatic inheritance to surviving partners  

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A significant change to an almost 60-year-old Victorian inheritance law is about to take effect. Partners will no longer share the inheritance (on the passing of a partner) with their children when their partner passes away without a will. Rigby Cooke Lawyers’ Special Counsel and wills & estates specialist Rachael Grabovic said the long-awaited amendment […]

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Intergenerational Advice Part 1: the opportunity worth chasing

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Like most developed countries, Australia is facing the challenge of an ageing population. It is estimated that by 2020 there will be more 65 year olds than one year olds in Australia, leading to a complete inversion of the “population pyramid”[1]. This will pose a number of economic problems as the pool of active, productive […]

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Household debt reaches the highest highs: are your clients covered?

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The decision by the Reserve Bank to leave the cash rate on hold for the eleventh month in a row has surprised few. Even more unsurprising may be the news that Australians’ level of household debt has reached historical highs, at 190% of disposable income. These two events are not unrelated. Everyone from the RBA […]

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Young family is $240,000 better off with financial advice

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In a new report by one of Australia’s biggest super funds, Sunsuper has found that financial advice could help a young family enjoy more lifestyle choices and be $240,000 better off at retirement. Sunsuper commissioned CoreData to conduct research and modelling of milestones and scenarios to better understand the value that financial advice offers Australians […]

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