Fact sheets: Financial planning strategies

Protecting your wealth What is insurance? Insurance is a form of protection – a way to protect yourself, your family and the things you own if something goes wrong. It enables you to replace or repair your assets, whether those assets are your belongings or your capacity to earn income…. Maintaining your income What is transition to retirement? Transition to retirement is a strategy that can help you reduce your working hours while maintaining the …

6 ways you can generate an income in retirement

6 ways you can generate an income in retirement The time has come. You’ve worked hard over the years contributing to your superannuation to build up your retirement savings. Now you need to think about the best way to convert your savings into an income stream that replaces your regular pay cheque. Here are six ways you could generate a steady and reliable source of income in retirement: An account-based pension allows you to access …

Should you merge your finances with your partner? | Money & Life

Should you merge your finances with your partner? If you’re in a relationship, it can be tricky to work out when to start sharing income and expenses. Here are a few ways to successfully merge money as a couple. The COVID-19 pandemic has changed many aspects of our daily lives, and romance is no exception. While lengthy separations have led some relationships to end, other couples are choosing to move in together more quickly than …

How to get help with your bills during COVID-19 | Money & Life

How to get help with your bills during COVID-19 If you’re one of thousands of people who has lost income due to COVID-19, you might be finding it hard to pay your bills. Here are some tips to help you get back on track. As COVID-19 lockdowns continue across much of eastern Australia, many people have once again found themselves out of work. Those working in service industries, and casual workers in particular, are doing …

Tax offsets for low and middle income earners

Tax offsets for low and middle income earners What you need to know about low and middle income tax offsets Currently, there are two tax offsets for low and middle income earners, which could see you pay less in tax, and you might be eligible for both. Paying tax is something most of us are familiar with, but probably something very few of us are excited about. For many low and middle income earners however, …

Markets craving guidance ahead of August reporting woes | AMP Capital

Markets craving guidance ahead of August reporting woes For many big corporates, the upcoming earnings season will be the first proper chance for the market to assess the damage of the COVID-19 pandemic. How will markets respond and what could investors do to insulate themselves from the fallout? With the Robin Hood rally running out of steam, swap a sword for a shield For Australian equities, the beginning of the new financial year is likely …

Superannuation 101: Your guide to a happy retirement | Money & Life

Superannuation 101: Your guide to a happy retirement Superannuation is a handy way of saving for retirement, so that you’ll have an income to live on once you’re no longer working. With Aussies living longer than ever before, you could be looking forward-to many happy years of retirement. Having a financial nest-egg to support you into old age is essential. Australia’s superannuation system is a highly regulated and efficient way of saving for your retirement. …

Federal Government stimulus package: Changes to pension drawdown and deeming rates

Federal Government stimulus package: Changes to pension drawdown and deeming rates The Australian Federal Government has proposed two key measures to help retirees and those receiving income support to manage the financial impact of COVID-19. 1. Lower minimum pension drawdown rates The government has announced a 50% reduction in the minimum income drawdown from account-based pensions and similar products for 2019-20 and 2020-21. This means Australian retirees can reduce income payments from their superannuation-based pensions …

Innovative income streams untangled [CPD Quiz] | Money & Life

On July 1, 2019, innovative superannuation income streams became a viable offering for product providers, financial planners and clients. However, the rules governing these new income streams, also referred to as Comprehensive Income Products for Retirement (CIPRs), are complex. On July 1, 2019, innovative superannuation income streams became a viable offering for product providers, financial planners and clients. Such income streams, also referred to as Comprehensive Income Products for Retirement (CIPRs), were given a significant …

Webinar: Themes from the first reporting season of the decade | AMP Capital

  Webinar: Themes from the first reporting season of the decade   AMP Capital Fund Management Limited (ABN 15 159 557 721, AFSL 426 455) (the RE) is the responsible entity of the AMP Capital Equity Income Generator (ARSN 165 631 818) (Fund) and the issuer of the units in the Fund. This document has been prepared by AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) (AMP Capital), which has been appointed …