Once again critics have called for government to cut the budget deficit by removing the tax-concessions on super. Their catch-cry is that they are not needed, and amount to little more than a tax scam for the affluent. This may be true for the… Read More ›
Superannuation
Technically Speaking – A Twelve Month Old Blog
Technically Speaking, reached its first birthday milestone this month. At first it was a single website pre-occupying the author as he recovered from surgery, but in time he expanded it to three blogs, reflecting three disparate goals. The second blog, titled “This Everyday… Read More ›
New Rules in UK for financial advisers
The UK Changes http://www.citywire.co.uk/money/regulator-brings-in-tough-new-rules-for-financial-advice/a647865/full?ref=citywire-money-latest-news-list&print=true by Michelle McGagh 2nd Jan 2013, “citywire money” The Financial Services Authority (FSA) in the United Kingdom starting 31/12/12 is implementing changes recommended by the retail distribution review (RDR) in three areas: Commission payments from product providers… Read More ›
The National Financial Literacy Strategy
http://www.financialliteracy.gov.au/media/218312/national-financial-literacy-strategy.pdf The Hon Bill Shorten MP, the Minister for Financial Services and Superannuation on the 15th March 2011, launched this major policy initiative. The Australian Securities and Investments Commission (ASIC), Australia’s financial Regulator, prepared the document. They have invited public comment prior… Read More ›
Super Shenanigans
Tony Boyd, writer of the Chanticleer column in the Australian Financial Review, this weekend (Dec 15-16) delivered retirees and those approaching retirement with more cause for concern. Until now Australians have had no reason to doubt the integrity of the industry… Read More ›
In celebration of retirement (4)
PLAN NOW The question isn’t at what age I want to retire, it’s at what income. – Foreman, George Arguably you are never too young to plan your retirement. At 50 however retirement beckons and is likely to become an… Read More ›
ASIC to suffer trillion-dollar headache as retirement savings grow | adelaidenow
ASIC to suffer trillion-dollar headache as retirement savings grow | adelaidenow Australian’s superannuation savings are set to grow to $3 trillion in the next decade or so. Current retirees are all too well aware as to how quickly their retirement savings… Read More ›
Technically Speaking 