Financial literacy in schools: teach the children well

From

Financial planner, Christine Hornery, CFP, director of FMS Group and Association of Financial Advisers (AFA) 2012 Female Excellence in Advice Award winner, has welcomed comments made by Australian Securities and Investments Commission (ASIC) Chairman, Greg Medcraft last week that financial literacy for children is a top priority. Commenting on a speech[1] made by Mr Medcraft

continue reading

Financial planner calls for ‘catch up’ contributions cap

From

Financial planner Christine Hornery, CFP, Director of FMS Group says the new higher contributions caps for superannuation which took effect from 1 July 2014, are not high enough for people who spend prolonged periods of time out of the workforce and is calling for the introduction of a ‘catch-up’ concessional (before-tax) contributions cap to help

continue reading

Statistics paint poor picture for women

From

Some of the most disturbing statistics in the Association of Superannuation Funds of Australia (ASFA)’s March 2014 update on the level and distribution of retirement savings, according to financial planner Christine Hornery, director of FMS Group, are that more than a third of all women and around 60 per cent of those aged between 65 to

continue reading

In difficult times – communicate the value of what we do

From

Financial advisers play a vital role in helping consumers reach their financial goals, according to 2012 AFA Female Excellence in Award winner, Christine Hornery, director of FMS Group, and could be counteracting current anti-adviser sentiment by having conversations with their clients that demonstrate the value of what they do. “During difficult periods, such as market

continue reading

Helping more people enjoy financial freedom

From

What many clients want from their relationship with a financial planner is financial freedom, according to 2012 AFA Female Excellence in Award winner, Christine Hornery, director of FMS Group, but that means different things to different people. “For some people, financial freedom might be about accumulating a certain dollar amount but for others it might

continue reading

Women need up to $20,000 p.a. more than men in retirement

From

Women’s spending habits and the fact that they outlive their men means they need a separate retirement income stream between $12,000 and $20,000 a year more than their male partners, according to Christine Hornery, director of FMS Group. “The truth is, women need more money than men but often earn less and therefore save less

continue reading

Australian women can have it all

From

Many Australian women appear to have a mistaken belief that they must sacrifice quality of life today in order to have a satisfactory standard of living in retirement, according to financial planner, Christine Hornery of FMS Group. “There is a lot of noise about the fact that women don’t have enough superannuation and I certainly

continue reading