If you’re feeling overwhelmed with financial decisions, a free financial counsellor can help you put a plan in place for your money. The earlier you get help, the more options you’ll have. Call the free National Debt Helpline on 1800 007 007. Original Author: Produced by Moneysmart and published on 16/07/2020
The first winner of the AMP University Challenge credits the competition solidifying her career path in financial advice. Speaking with Adam Marsters from AMP Corporate Affairs, Michelle Carroll says the 2011 University Challenge helped her forge valuable connections within the industry. The competition, which is now in its 10th year, provides university and TAFE students with the opportunity to test their skills as a financial adviser and share in $10,000 in prize money if they …
Why wellbeing isn’t just for the well-off Are you guilty of putting your health and wellbeing last? Whether it’s for financial or family reasons, you could be costing yourself more than you think. Whether it’s down to a lack of time or money, we’re all guilty of neglecting our own health from time to time. This can be especially true during challenging times, like we’re experiencing with the COVID-19 pandemic. But scrimping on your mental …
Why financial wellbeing is a pillar of good health Much like exercise and eating well, your financial wellbeing is key to living a happy and healthy life. So what is financial wellbeing and how can you improve yours? Financial wellbeing is often overlooked as one of the pillars of good health, but it’s every bit as important as your physical, mental and emotional health. Poor financial health has been linked to a range of nasty side effects …
ECONOMICS & MARKETS After the Bell: daily market update, July 1 01 Jul, 2020 The first day of the financial year was a good one for the ASX, but some fresh data continues to show the scale of the damage caused by COVID-19. Our senior economist, Diana Mousina, explains. Important information While every care has been taken in the preparation of this video, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) and …
A new financial year with some new super rules The start of a new financial year always brings with it new rules for super funds. Sometimes there are lots of changes, which are wide-reaching, and in other years there’s just a few. For the 2020/21 financial year, the two main changes are: the abolition of the work test for anyone aged 66 and 67 years old who wish to make personal non-concessional contributions; and an …
Finding the right financial planner for you Money & Life contributors draw on their diverse range of experience to present you with insights and guidance that will help you manage your financial wellbeing, achieve your lifestyle goals and plan for your financial future. How should you start your search for a financial planner? There are some fundamentals you should look for in the first instance. A license to provide financial advice – Always look for …
Extreme saving – pros and cons of joining the FIRE movement The FIRE (Financial Independence, Retire Early) approach to saving and investing is catching on. Find out if living frugally now for a future of financial freedom is all it’s cracked up to be. What is FIRE all about? In a country with a tragic history of bushfires, you’d expect a website called Aussie Fire Bug to be banned immediately. But the FIRE this bug is blogging …
Financial counsellor or financial planner: What’s the difference? Ok we get it, knowing where to turn to for financial advice can be confusing sometimes! Financial planners and financial counsellors are both types of financial experts, so which one is right for you? When you’re looking for advice on your finances, it can be hard to know where to turn. Counsellor, adviser, planner? A simple internet search can be enough to make your head spin. While …
Essential checklist for the end of financial year The end of financial year on 30 June is a good time to take stock and get your finances in order. This is an end of financial year like no other. Being prepared, reviewing your super contributions and submitting your return on time are good policies every year, but the shadow of COVID-19 (coronavirus) means many of us face unexpected pressures in a changing economic environment. Many …
