Tax concessions, the work test and getting it right with super | AMP Capital

Tax concessions, the work test and getting it right with super Workers compensation and income protection If you are in an employment arrangement and receiving: workers compensation payments from their employer or insurer, or income protection payments from their employer, insurer or super fund …you may still be gainfully employed and satisfy the work test even though you are not currently undertaking physical work providing any payment has a connection to your employment arrangement. If …

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Is a market pullback imminent? | AMP Capital

The market is feeling very confident that profits accelerate from here and has been very generous in looking beyond some relatively weak results for the second half of FY18-19, and although it is probable that similar results will be unveiled at the first half of FY19/20 in February, we believe it is still optimistic to expect a major rebound in profits given the current low growth and the building headwinds such as bushfire fallout and …

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How to create realistic goals….and stick to them.

How to create realistic goals….and stick to them. Whether it’s finances or fitness, spending time on setting your goals can reap rewards. When it comes to the big things in life we all have our goals. Getting promoted at work. Educating the kids through school. Saving for a comfortable retirement. It’s important to aim high. But if the goals you set are overambitious, with no checkpoints along the way, you could be setting yourself up …

Blog / FP - Budgeting / FP - Financial Planning / FP - Saving   / / / /

5 days to get your finances in order

5 days to get your finances in order Our New Year challenge Too time poor for resolutions? Try our challenge instead New Year’s resolutions are such a drag, right? Whether it’s fitness, family or finances, the best laid plans rarely last beyond the first week of January. Life has a habit of getting in the way, especially these days with so many demands on your time. We get it. Things got a whole lot more …

Blog / FP - Budgeting / FP - Credit & Finance / FP - Financial Planning / FP - Money Management / FP - Protection / FP - Saving / FP - Super - Accumulation   / / / /

Can refinancing my home loan save me money?

Can refinancing my home loan save me money? By replacing your home loan with a new one, you could take advantage of a better deal. Even if you secured a competitive package when you first took out your home loan, it’s worth reviewing each yeari to make sure the interest rates, fees, features and terms & conditions continue to meet your needs. And with interest rates at an all-time low in Australiaii, now may be a …

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3 factors affecting Retirement income

3 factors affecting Retirement income High life expectancy and low interest rates may make it harder for some retirees to live long and prosper.  Here we look at three elements from an AMP Capital Investors reporti that affect a post-work reasonable income – interest rates, inflation, and longevity. 1. Interest rates – high valuations, low returns Historically low interest rates have driven valuations of defensive assets such as cash and fixed interest to unprecedented highs. Generally, …

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Grow your super in the new year

Grow your super in the new year Making an extra voluntary contribution now might improve your lifestyle once you retire. A new year’s as good a time as any to make plans. How about a gift to your future self by maximising your retirement contributions? It’s not as far-fetched or self-absorbed as it might seem. If you think of this as investing in your future self or your loved ones, it could make good sense. …

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Staying (Financially) well as the years go by

Staying (Financially) well as the years go by Our financial priorities tend to change as we move through life The good news from AMP’s 2018 Financial Wellness Indexi is that only 7% of Australian retirees aged 65 or over report being stressed about money. So if you’re feeling the pinch earlier in life there is light at the end of the tunnel.  Let’s take a closer look at how your financial wellness is likely to change …

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Rebooting for retirement

Rebooting for retirement As retirement comes into view, it’s time to imagine a new you for the post-work age. You remember your first day at school, your first job, your first home. And now your final pay check is in sight. That’s quite an achievement. As with other big life events, retirement triggers choices that shape your future. It’s time to take stock and reboot your life. It makes sense to make sure you’re ready …

Blog / FP - Community and Lifestyle / FP - Pre - Retirement Planning / FP - Retirement   / / / / / / / / / / / / /

5 saving graces of giftmas

5 saving graces of giftmas Gift giving is one of life’s joys, until the credit card bill comes through. Here are five ways to maximise the love without blowing your budget.  According to a recent Financial Planning Association of Australia reporti, 85% of us find more joy in giving gifts to others than in getting them ourselves. Though we love the sound of ripping wrapping paper, almost three quarters of us don’t budget for gifts. …

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