Here at Michael's Musings, a Perth planner will help you sort out the real information in amongst all that noise. Feedback and comment cheerfully received, even if sometimes ignored.
This web site is operated by Michael O'Hara, an Authorised Representative of WSP Financial Services Pty Ltd (AFSL 237463), which trades as Wealth & Security Planners.The views expressed within this website are Michael's personal views, and should not be interpreted as necessarily representing the views of WSP Financial Services Pty Ltd.
Which is the best super fund? Which fund will provide you with the best rate of return, and how do you decide between the thousands of options on offer? In this post we are going to look at the recent results form a group of major superannaution funds, and determine just who...
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So, what risks ARE you prepared to take? Some people think it is fun to bungey-jump off a cliff or a bridge or a crane when they are travelling overseas, while others are not prepared to do this – whether it be from fear of heights, concern over the health effect on their eyes...
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A few people have read my earlier post on this subject of 10 year super fund returns and wondered just what point i was making… (thanks for the feedback Neil and others!). The post was primarily aimed at showing the average 10 year return of the average super fund (which was not much over 4%pa)...
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The front page of the Australian Financial Review today (Friday 23rd July) suggests that ‘Balanced’ Funds “have failed to keep pace with investments such as low-risk bonds and gold over the past decade even after posting double-digit gains in the year to June“. If you move on to page 51 to read the balance...
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Come on, admit it – we all love to be able to point and say, “i told you so”. Sadly, i also am all too human. Therefore, i’m going to point to an example that is already emerging of my warning that the current changes afoot in the industry will move towards greater bias and...
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Financial planners can spend many hours agonising over exactly which investment is or is not suitable for an individual portfolio. Some clients want to participate in direct investment themselves and others want professional funds management to take care of the specific selection and administration work, leaving time for advisors to focus on the broader issues....
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There has been quite a bit of debate in recent times on various clauses in various "Awards" as they relate to superannuation.
Some argue that this takes away "member choice" and that it unfairly promotes "industry funds" (i have not used capital letters, as i have not investigated whether all awards with these provisions specifically...
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Just a moment please, while i don my titanium-lined protection suit… Members of the super fund industry are particularly sensitive at the moment, so anything that i may say here will undoubtedly be taken incorrectly, misquoted or distorted in some other way. Previous attempts to bring a bit of plain English to the super...
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There is no excerpt because this is a protected post.
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It is a favourite parody scene from some of my favourite comedies – in the midst of a terrible turmoil there is someone runing from pillar to post, pulling out their hair while yelling (usually with an enforced accent), “but what about the baby?” It may be a long bow to draw any similarity...
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