Blog

October 25, 2017

Think ahead about smart retiree spending and investing

A common personal finance trap is to concentrate on saving and investing to finance our eventual retirement without thinking enough in advance about how to invest and spend that money in retirement. Given that we have so much going on in our lives long before retirement –such as our careers, dependent children, home mortgages and trying to save – this focus on accumulation is understandable. But it’s only part of the equation. It makes sense to begin developing smart retiree spending and investing strategies long before retiring. This should help you think about what are your personal and investment goals […]
October 18, 2017

Self-employed? Don’t miss out on super

There are plenty of benefits from being self-employed including having a typically high degree of independence. And no doubt many employees would gladly join their ranks – if they could run a profitable and personally-satisfying business. Yet being self-employed is obviously not all beer and skittles, as the cliché goes. From a financial perspective, one of the common downsides is that most of the self-employed have little or no super, according to research over several years by the Association of Superannuation Funds of Australia (ASFA). This means that millions of the self-employed, working on a full or part-time basis, are […]
October 11, 2017

Lessons from the GFC 10 years on

We recently marked 10 years since a little known bank in northern England became a worldwide brand for all the wrong reasons. In 2007 we saw the unedifying – and chilling – spectacle of long queues of desperate savers lining streets outside branches across northern England. Despite assurances of solvency from the Bank of England it quickly spread to England’s first full-on bank run since 1866. Northern Rock was eventually nationalised and the savers’ deposits secured. But the global financial crisis as it became known had begun and it would unfold throughout 2008 and result in the collapse of major investment firms like […]