Male and female satisfaction with financial advisers diverges

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Client satisfaction with their financial adviser has declined over the last six months, largely driven by falling satisfaction among male clients, according to the latest Lifeplan ICFS Financial Advice Satisfaction Index.  It is the first time since the survey started in 2007 that there has been a divergence in the satisfaction levels of men and […]

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No seriously, it’s not you–it’s me!

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Welcome to the latest CPD article from Ray Griffin in which he explores what for some is the most difficult thing to do in professional practice – to ‘let a client go’. Ray helps you realise when it’s not working between you and a client and then guides you through the letting go, with a […]

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Top marks go to Gen Y for financial know-how

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Generation Y – financially reckless or astute? According to a recent survey commissioned by RaboDirect, this generation’s financial know-how is often better than that of Gen X and even of their Baby Boomer parents. The 2012 National Savings and Debt Barometer, shows that Gen Y are not as financially irresponsible as is often touted by […]

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Smart Austalians income and wealth report

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This AMP.NATSEM report looks at how educated and innovative Australians are, how this has changed over time and how we compare to other countries around the world. The report explores how Australians participate in education, from preschool through to university, achievement in literacy and numeracy, the pathways school leavers take and whether gaining an education pays off […]

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Smart Australians Report

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Australians with postgraduate degrees will earn almost double, or $3.2 million, over their working lives compared to people with Year 11 or less qualification, who can expect to earn only $1.7 million, according to the latest AMP.NATSEM report. But women still face earnings inequality with the report finding that a 25 year old woman with […]

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AMP Lifestyle Monitor finds time still of the essence

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Australians are feeling increasingly time-pressured with more than half of those surveyed (54%) spending money on services to save themselves time according to the inaugural AMP Lifestyle Monitor. The AMP Lifestyle Monitor, a survey of over 1,400 AMP customers, looked at how respondents spend their time. For those choosing to buy back time, socialising, work, […]

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Generation Generous: Which is the most charitable?

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A recent television series painted a dis-favourable portrait of Australians…but we aren’t as bad as you might think. The 2012 RaboDirect National Savings and Debt Barometer reveals Aussies to be a charitable bunch with 20 per cent of Australians across all income brackets giving at least $500 per year to charity.   The survey also […]

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Retirement adequacy falls as Australians remain cautious

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The retirement adequacy of working Australians was at its lowest level since the GFC, falling almost 2 percentage points to 69.4% while projected retirement savings fell 7% to $492,000, according to the latest AMP Retirement Adequacy Index.  Superannuation was a major driver of these falls with the average worker’s total superannuation contributions falling to the […]

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Insurance Schmexperts

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Just as it seemed the life of a financial adviser would return to mind-numbing dullness after the FoFA brouhaha, the Experts Schmexperts have re-appeared with more great ideas.  What a relief! I was concerned that I would not have anything more to worry about other than focus on my clients, helping them to navigate the […]

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Aussie, Aussie Ostrich! We have a head in the sand mentality

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RaboDirect, one of the leading online savings and investment bank, is calling on Australians to take stock of their finances and put a plan in place after a recent survey found that 60% of those uncomfortable with their finances find financial planning daunting and are least likely to try to stay informed about money matters […]

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