9 common mistakes about super
Let’s consider just how many ways super and pension accounts are misrepresented or misunderstood.
media
Should you buy now?
Is the market ‘high’ or is it ‘low’? Is it ‘time to re-enter the market’ or should you be buying cans of baked beans, a shovel and a gun? This site sticks with the Great Disclaimer – nothing here can be considered personal advice, so the title is more correctly referred to as a ‘rhetorical … Read more
Very Clever People are on the rampage!
Is it really essential to bag all financial planners just to improve the market for your own service offering?
Wine the big winner post 2011 Budget night
Yes, that’s right. You heard all about it here first. The good news of the day is the successful launch of Fosters’ wine business as a company of its own – Treasury Wine Estates. I for one, intend to celebrate that with a lovely glass of red at the earliest convenience. And while i’m at … Read more
Is adviser bashing the new black?
One of my favourite stupid sayings goes something along the lines of “…. is the new black” (insert whatever is the trend of the moment. It is ridiculous because you cannot be “new” and considered a classic both at the same time). So i am actually being terribly clever on this lovely Friday, by using … Read more
This is a time to be cautious of being cautious
There is a lot of worry and fright circulating as news and information about investment markets right now. I don’t want to downplay the potential for dire outcomes from the GFC and various government attempts to reduce its impact on their economies. However, there does need to be a little more informed comment on just … Read more
“Industry Funds” – Compare the pair
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 funds … Read more
If this is what passes for intelligent discussion – i’m going back to kindergarten…
If you are bored enough of your day-to-day, you may have noticed my previous posting which included the text of a note that i sent to the Crikey online newsletter in an attempt to get some sort of intelligent discussion happening in regards to commissions and fees for superannuation. Well, it seems that when you … Read more
Legislating to ban commissions on superannuation
For many years various pressure groups around the country have been trying to have legislation brought in to ban the payment of commissions from superannuation accounts. Pressure has mounted even further as links are drawn between commissions generated and the recent failures of MIS scheme operators Great Southern and Timbercorp, as well as the demise … Read more
Yin and Yang and Federal Budgets
Sometimes it seems that the Federal Budget could be improved through a strong dose of Taoist thinking. Here is my logic… The budget is supposedly one of those things that involves balance. That is, Government receipts are balanced with Government expenditure. The Budget updates in May are a time where past income/expenses are published and proposed … Read more