Superannuation and divorce | Money & Life

Superannuation and divorce Whatever the age, separation and divorce can be a stressful and painful experience. According to the Australian Institute of Family Studies[1], the divorce rate has been trending down in the 2000s. However, the proportion of couples divorcing who had been married for 20 years and longer has been increasing, with one age group 55-59 doubling over the last two decades. This rising trend is referred to as “grey divorce” or “silver splitters”, …

Budgeting for baby: What you need to know

Budgeting for baby: What you need to know Having a baby is an exciting and life changing experience. But what about the cost? There are many hidden and unexpected expenses that go along with your new bundle of joy. Follow our handy guide to planning your finances, so you can avoid any money worries once baby arrives. No two ways about it, having a baby in Australia isn’t cheap. It also comes at a time …

Client experience front and centre for AMP Bank’s latest technology enhancements

AMP Bank has launched a range of technology enhancements to boost client experience, including digital pre-application, electronic signatures and digital identification verification. Original Author: Produced by AMP and published on 04/06/2020

What signposts can we watch to be confident shares have bottomed? | AMP Capital

What signposts can we watch to be confident shares have bottomed? Key points While shares have rallied 15-20% from their March low and may have started a bottoming process, it’s still too early to say with confidence we have seen the low for this bear market. Key signposts to watch for are: signs that the virus can soon be contained (here the evidence is starting to look better); monetary & fiscal stimulus to minimise collateral …

Kids off the kerb | Money & Life

Troy Rosenlis AFP® is seeing the positive benefits that education, work experience and training is having in breaking the cycles of dependency for disadvantaged youth in Melbourne. Grant recipient: Kids Off The Kerb Grant amount: $8,000 Endorsed by: Troy Rosenlis AFP® FPA Chapter: Melbourne With a five year involvement with Melbourne-based not-for-profit, Kids Off The Kerb, Troy Rosenlis AFP® didn’t have to think twice about endorsing this organisation for a 2017 Make the Difference! Grant, …

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 …

Money can buy you happiness, you’re just spending it wrong

Money can buy you happiness, you’re just spending it wrong This is the view of Dr Michael Norton from Harvard Business School. Michael’s research indicates that money can indeed make you happy if you use it to buy experiences, time, or invest in others. Buying experiences – when we buy experiences, we don’t just buy the duration of that experience. Michael’s team’s research found that we’re happiest the day before leaving for a holiday–the anticipation is …

Managing your money when you move in together

Managing your money when you move in together Living together is a big step. You may be merging your lives more closely, but should you merge your finances?  So you’ve taken the leap and decided to move in together.  It’s an exciting time which can take your relationship to a new level, but it can also add new pressures as you address practical matters such as how you divide the chores and the costs.  Set …

Be a senior entrepreneur on your own terms!

Be a senior entrepreneur on your own terms! Many people over 50 are putting their skills and experience to work in their own businesses. Retirement is no longer the destination it used to be. If you’re like many Aussies who are heading into their later years after a lifetime of developing skills and expertise, you undoubtedly have more to offer, not less. If you’re thinking about starting your own business or considering how you’ll keep …

How can I make my dream home a reality?

  How can I make my dream home a reality? Only you can choose the best home for you. But finding a smart way to buy it will probably take some help. Just like engaging an architect to draw a blueprint of your dream home, you may like to consider speaking to a financial expert to help plan the best way to finance your new home. How expert advice can really help There are plenty …