Breaking down inequality: the different sex debate

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The equality theme is highly topical in our society today. Australians will soon learn the outcome of a postal vote on same sex marriage. Leaving out the politics, the ‘postal plebiscite’ is essentially a heightened version of another long-term, slow-burn societal discussion we need to have. By this I mean the debate around financial equality […]

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Intergenerational Advice Part 2: building your tribe

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In the first part in this Intergenerational Advice series, we looked at the threat of not having an intergenerational advice strategy – not just for advisers but also for clients, and the resulting risk of familial breakdown, lost assets and a dissipating client base. The fundamental lesson lay in tapping into the Gen X and […]

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Active Aussies most likely to keep finances in shape

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A new study by AMP, a leading financial services organisation, has found Aussies who play sports regularly are 64 per cent more likely to achieve the majority of their financial goals, compared to those who don’t. In fact, unsporty Aussies are more than twice as likely to have no financials goals at all. The research […]

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Five good habits to build wealth

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According to the Reserve Bank of Australia, the average Australian earns $1,164 per week or $60,528 per year. Then, the average Australian saves 4.70% of their income or $2,844 per annum. Not much. You do not create wealth by saving money. Yet, I see many people hesitant to invest in their own financial future because […]

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Responsible investment continues to gain acceptance among investors

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There is a growing acceptance of responsible investment (RI) by millennials, women, affluent investors and institutions as the concept moves from being considered a niche and product-specific approach to one that has a proven track record of contributing to portfolio performance leading to a broader appeal among global institutional and retail investors, according to Nuveen’s […]

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3 tips to write an SOA your clients want to read

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Most clients don’t read Statements of Advice (SoA) because they are far too long. This renders them ineffective and exposes advisers to the risk that their client may not understand the advice they’ve been given. If things go wrong down the track it may even leave advisers on the hook if the SoA is not […]

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Couples may need 40% deposit to afford Sydney home repayments

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For young Australians, one of the biggest challenges they face is the ability to own their own home. In our practice, we are seeing more and more clients who believe that the dream of home ownership is out of their grasp. Increasingly, we meet younger clients who believe purchasing a home and being able to […]

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Crowdfunding – democratising finance through technology

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In April 2015, Business Insider ran a story ‘A crowdfunding revolution is coming to Australia’[1]. That revolution has not only arrived, it is well established and growing exponentially. In this article, DomaCom looks at crowdfunding – what it is, how it works, and how it will change the investment landscape. Crowdfunding is the practice of […]

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The changing face of the Australian retail investor – ASX Australian Investor Study 2017

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More than one in three adults in Australia have investments in shares or other ‘on-exchange investments’ outside of institutional superannuation, beating investment property and cash savings as the most popular retail investment choice, according to the latest Australian Investor Study. ASX’s 2017 study, the 16th in a series begun in 1986, was prepared by Deloitte […]

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UniSuper sees demand rise for face-to-face financial advice

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UniSuper, the $60 billion superannuation fund for Australia’s higher education and research sector, says despite the rapid growth of ‘robo’ advice, meeting financial advisers face-to-face continues to grow as the preferred approach among its members. UniSuper offers members a comprehensive financial planning solution, with nearly 50 financial advisers nationally providing complete advice across superannuation, investments, […]

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