There are only certain people who can inherit your super when you die. There are also two different types of nominations you can make. Here’s what you need to know before making your super beneficiary nomination. Super is different from other assets, such as your house, because the trustee of your super fund ultimately decides…
For every action there is a reaction. And while we’re not criticising the government’s policy response to COVID-19, we recognise that such intervention often has unintended consequences. Take lower interest rates for instance. Central banks intended to make the cost of investment cheaper and be stimulatory. Instead, Australian households borrowed more money to buy bigger…
Despite the recent wild ride for markets coping with the uncertainty of the coronavirus pandemic, many investors are well-versed in the need to “sit tight”. They understand that moving out of positions in falling markets risks crystallising losses at the bottom and missing out on the recovery. For retirees it’s not so simple, where portfolios…
The world has always been challenged by the dynamics of geopolitics. The nature and magnitude of associated conflicts may transition and manifest across varying contexts but, broadly speaking, geopolitical risk is ever present. The fierce competition between the powerhouses of the East and West has been watched closely by many. The trade war between the…
Market and Economic overview Australia The coronavirus ‘curve’ of known cases has flattened out, suggesting social distancing measures have been successful in slowing the spread of the disease. The focus is now on a gradual easing of restrictions – people will gradually start returning to work as non-essential areas of the economy start to function…
Since the financial crisis more than a decade ago, investors have had to search much harder for income as savings rates have plunged. Many have looked to the equity market to help them achieve better income returns, with large numbers of companies increasing dividend payments to shareholders as they have grown. It is likely that…
While it can be hard to stay in the market when share prices plummet, now is not the time to panic. The COVID-19 (coronavirus) pandemic has triggered a share market crash, in Australia and internationally. Since 31 December 2019, when the first cases of the new virus were reported in China’s Hubei province, the disease…
Global economic activity has grounded to a halt, prompting fears the world is in for a re-run of The Great Depression. While there might be similar scenes, the parallels are not as strong as you may think. Without a doubt, countries worldwide are in for sharp, deep recessions as they rightly sacrifice economic growth in…
How to reduce expenses after a job loss and get back in the driver’s seat of your finances. With many thousands of Australians experiencing job losses and reduced hours as a result of the COVID-19 (coronavirus) pandemic, many will need to take a look at their expenses to continue living within their means. The average…
For many traditional office-workers, working from home has now become the new normal. For some it’s an easy transition to make, while for others, it can be a struggle. If you find yourself struggling to adapt to this new way of working and living, here are some tips that can help. Set up a dedicated…