How COVID-19 has widened the gender super gap

How COVID-19 has widened the gender super gap With the coronavirus outbreak (COVID-19) wreaking havoc on the global and Australian economies, new research by AMP shows the extent of the economic impact of COVID-19 on the super account balances of Australian women. Diana Mousina, Senior Economist at AMP Capital, and AMP Data Insights Manager, Tracy Lewis, discuss the latest findings on the widening gender super gap. These include contributing factors such as job losses, the …

How important is money to your wellbeing?

How important is money to your wellbeing? Having more money should make us happier right? According to a number of different research reports, feeling good about life comes from a feeling of control over your finances, rather than how much money you have. Get tips on how to change your ways to boost financial wellbeing. The wellbeing formula for Australians After spending 15 years exploring what contributes most to the happiness of our population, Australian …

Get real: how we delude ourselves about investments

Get real: how we delude ourselves about investments In 1988, I bought $750 worth of special $5 coins, minted to commemorate the opening of Australia’s Parliament House. I figured it was a one-way bet to investment success. They were legal tender costing $5 and would always be worth at least $5, and if they became sought-after by collectors, the sky was the limit. I found the box of coins recently while cleaning the attic. They …

How Australians will use their tax return

How Australians will use their tax return With nearly one in three people planning to save their tax return, have you considered what you might do with yours?  This year more than 75% of Australians expect to receive a tax return, with a large portion of the population planning to use the money they receive to take the edge off their financial commitments.i We look at the most common ways people intend on using their …

How a CFP® can help you

How a CFP® can help you   You may also like Understanding superannuation: your questions answered  For many Australians, their super will be one of the largest assets they have when they retire, next to the family home.That’s why mak… The value of advice  Have you ever wondered how your family would cope financially if you weren’t around? Life throws some curved balls at us sometimes, us… Family matters: Getting married Family matters: Getting marriedGetting …

How can I make sure I have enough Super to retire on? (Video)

How can I make sure I have enough Super to retire on? (Video)   Alexis Wheatley CFP® As Principal of Wheatley Wealth Management, Alexis provides high-quality strategic advice to help her clients create and preserve their wealth. As part of the Financial Planning Association’s Ask a Planner video series, Alexis Wheatley CFP® answers the commonly asked question, “How can I make sure I have enough Super to retire on?” If you have a question you’d …

How can I protect my super in retirement? (Video)

How can I protect my super in retirement? (Video)  Andrew Donachie CFP® Andrew Donachie is the National Financial Planning Manager at First State Super. Andrew has 12 years’ experience as a financial planner and is CFP® qualified. As part of the Financial Planning Association’s Ask a Planner video series, Andrew Donachie CFP® answers the commonly asked question, “What are some of the options to protect my super in retirement?” If you have a question …

How much super should I have at my age?

How much super should I have at my age? We look at the average super balances for different age groups in Australia so you can see how your super savings compare. A healthy super balance can be a key ingredient in being able to live the life we want in retirement. But for many people, retirement is a long way off, and it can be hard to know if your super is on track. If you’ve …

See how you can cash in on government co-contributions

See how you can cash in on government co-contributions If you’ve made an after-tax contribution to your super fund, you might be eligible for a co-contribution of up to $500 from the government. Did you know the government may add up to $500 to your super fund, if you’re a low to middle-income earner who has made an after-tax contribution to your super? If you’d like to know more, we explain how government co-contributions work, …

Psychology: the investment rollercoaster

You may also like Purchasing a property Purchasing a property Finding the right property and making all the arrangements to buy it can take time. It’s a big financial decision so i… How Can FinancialPartners Help? PRODUCTS & SERVICES How Can FinancialPartners Help? PRODUCTS & SERVICES(via AMP)FinancialPartners (Tas) Pty Ltd ABN 26 160 284 739 is an Authorised Represen… Richard Bejah CFP®, Dip FP, ANZIIF(Assoc) CIP, AFPA  How a CFP® can help you  … Our Client …