Is there any value in financial advice?

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Getting good useful advice whether from a plumber or a planner or other expert is a cause of concern for many people. I can’t help with plumbing but I have a list of strategies that I regularly recommend to clients that provide value for the service I provide and help our clients to grow real... Read more continue reading

Choosing an investment structure to meet in-house asset rule

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An SMSF investing with a related party must be careful not to breach the in-house asset rule. Donald and Melania are members of the Trumpet Super Fund and directors of the corporate trustee, D & M Pty Ltd. Their son Louis runs a building business and is a sole director and sole shareholder of LT... Read more continue reading

Tailored and trusted advice key to supporting the millennial generation

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Australia is on the precipice of a $3.5 trillion intergenerational wealth transfer. Industry research estimates it equates to some $320,000 per recipient. Yet, in the lead up to this significant transfer, we know that many are unprepared. In fact, research by Roy Morgan revealed that only 7.4 per cent of millennials have used any type of wealth management... Read more continue reading

1.8 million Australian workers suffering prolonged financial stress, costing $31 billion in lost productivity annually

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AMP’s 2020 Financial Wellness research has found severe and moderate levels of financial stress are impacting 1.8 million Australian workers, with nearly half feeling financially stressed for an average of six and a half years or more. In total, 50 per cent of all Australian workers reported some level of stress about their finances. The... Read more continue reading

TAL launches white paper on mental health and life insurance to support positive, sustainable change into the future

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Leading Australian life insurer, TAL, has launched a white paper aimed at stimulating stakeholder and life insurance industry discussions on mental health support, mental health policy, and the role the life insurance industry can play in supporting and engaging Australians who experience mental health conditions. Developed by TAL’s Health Services Team, the white paper aims... Read more continue reading

Maybe this is an opportunity: Picking a good financial adviser is harder than ever for consumers

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Choosing a good financial adviser has always been a bit of a leap of faith for consumers I guess, but picking one today is harder than ever. With the tendency to use search to screen possible contenders, and with most contenders having to use the same acronyms and titles and so on, it is difficult... Read more continue reading

COVID-19: A Wake-Up Call for Financial Wellness

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Hong Kong investors show a growing preference for trusted and personalised wealth management solutions amid the pandemic, according to a new report released by Quantifeed, Asia’s award-winning provider of digital wealth management solutions. The report, State of Wealthcare – Disconnects Between Hongkongers’ Desire and Action, reveals that wealthcare – the financial wellness of an individual... Read more continue reading

CPD: Selling sprouts – 5 financial advice marketing tips that no one has told you about

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Enter the phrase ‘financial advice marketing tips’ into Google and there’s a high chance you’ll be bombarded with a plethora of ideas on how to design your website, improve your search engine rankings, and run a social media strategy. But whilst there is undoubted value in giving attention to all these areas, making them a... Read more continue reading

Data from MLC Life Insurance shows mental health support has doubled during COVID-19

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As Australia recognises Mental Health Week, new data from MLC Life Insurance reveals the number of customers using its Best Doctors’ Mental Health Navigator service has almost doubled since the onset of COVID-19, as more people seek mental health support during the pandemic. In just the last four months, 21 per cent of all current... Read more continue reading

The impact of COVID-19 on Australian workers has been profound, according to Australia’s largest workplace mental health study

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Australia’s largest workplace mental health study found that three in five workers experienced a mental health condition this year (up almost 9 percentage points from 2019), with many struggling for the first time during the pandemic. The new research, released today by SuperFriend, also showed clear benefits of improved financial and mental health outcomes for... Read more continue reading