She’ll be right mate… Why the Aussie way is causing an underinsurance epidemic

Improving the financial outlook for the family is the key driver for the majority of Australians – Most will commit blood, sweat and tears to this very endeavour. Yet, the majority fail to adequately protect the legacy we try so hard to build. Why? Australians see themselves as ‘bulletproof'. Of course such faith that ‘she’ll be right mate’ belies that fact that illness and injury strikes thousands of Australians everyday. In 2017/18 there were over 777,000 hospitalisations due to [...]

2020-06-22T05:30:11+09:30October 17th, 2019|Insurance, More than just Finance, Retirement Planning|

Labor’s franking policy is a ticking bomb for all super funds

The Australian Labor Party (ALP) proposal to limit cash refunds of franking credits will clearly impact many pension phase SMSFs, but we believe it also has the potential to impact many other superannuation funds. In this paper, we build a model of the key variables which determine whether a superannuation fund is likely to lose refunds of net franking credits under the ALP proposal. Our model is consistent with and helps explain an article in The Australian which reported that $309 million in [...]

2018-10-22T02:04:37+10:30October 22nd, 2018|Aged Pension, Finance, FinSec Post, Investment, Pre-Retirement Planning,