The FinSec View Archives | Page 13 of 14

Knowledge & Clarity: Deeming Rates likely to change

Deeming Rates Likely to change March 20, 2015 Finally some good news on the pension front. If you receive a part-pension as a result of the income from your financial investments then you could be in for a pay rise, come March 20, 2015. The word is Deeming rates are likely to be decreased to better reflect the low interest rates currently on offer for term deposits and savings accounts. What are Deeming Rates? Deeming rates are used to assess [...]

denise.henly2015-03-04T06:10:52+10:30March 4th, 2015|FinSec Post, The FinSec View|

Get ready to “fall off your chair”: Intergenerational Report

Treasurer Joe Hockey is hoping that Thursdays release of the much anticipated intergenerational report will be the magic bullet he needs to persuade a sceptical Australian public. The problem to be fixed: Figuring out how to reduce the inexorable growth in spending, when the fastest growth is in areas such as social security, health and pensions and the problem is only going to get worse. We know this report is expected to scare us because Treasurer Joe Hockey said so. "When [...]

denise.henly2015-03-04T06:39:10+10:30March 4th, 2015|FinSec Post, The FinSec View|

And that makes three!

Three of Australia's largest financial institutions have now admitted to wrongdoing and misconduct in financial services - the latest household name to fall from grace, National Australia Bank (NAB). Never before have Australian's needed trusted advice more and never before has public perception of the industry been so low. The NAB revelations are the last straw. Australia must have a royal commission into the financial advice industry – its vertical structure, recruitment practices, remuneration schemes and compensation decisions. Without one, Australians [...]

denise.henly2015-03-04T03:17:45+10:30March 4th, 2015|The FinSec View|

Lower for Longer!

Low interest rates are here to stay, is a drum we've been beating for a while now. In this article an Extract from farrelly’s Dynamic Asset Allocation Handbook December 2014 we look at why raising interest rates any time soon is going to be hard. Just how hard it will be to raise interest rates is starting to become very apparent. Japan has been stuck at close to zero interest rates since 1993; Europe seems to be toppling towards deflation from which it may [...]

denise.henly2015-03-05T04:31:20+10:30March 4th, 2015|FinSec Post, The FinSec View|

Investment Report – Market Acrobats

The big story since our last view - Market Acrobats! Volatility is back and after enjoying several years of benign conditions, foreign exchange, equity and fixed-interest markets have been putting on a performance like the lead act in Cirque du Soleil. Whilst there was a marked sense of calm within the FinSec community, there is no doubt that the financial acrobats of the past couple of months will have left many feeling a little ‘on guard’. It was a fairly dramatic [...]

denise.henly2014-11-11T02:00:57+10:30November 11th, 2014|FinSec Post, The FinSec View|

The View Newsletter – September 2014

IN THIS ISSUE The Budget Hokey Pokey Financial Services: Restoring Trust Quick Tip: Investing The Conversation: The Meat in the Sandwich FinSec in the Community - Team Rocket Update Weekly Market Update - Opt-in opportunity The Budget Hokey Pokey It's just over 100 days since Joe hockey handed down his first budget - and we're still talking about it. It's safe to say that most of us are a little sick of the political 'hokey pokey' and would rather all the talking (bluster, [...]

denise.henly2020-07-08T06:14:00+09:30September 10th, 2014|The FinSec View|

Restoring Trust

Where to start? Is certainly a phrase that comes to mind when beginning a critique of the financial services industry at present. An extraordinary few weeks during which we woke to incredulous news headlines almost every other day. Macquarie Group was writing letters to thousands of customers, Commonwealth Bank of Australia were issued new license conditions, the chairman of the Financial System Inquiry raised concerns about the structure of the industry and now lawyers are describing the FoFA laws as "some [...]

denise.henly2020-07-08T06:13:51+09:30September 4th, 2014|The FinSec View|

The Conversation: The Meat in the Sandwich

The "sandwich generation" has a lot on its plate these days, and it's determining how to handle the financial side of the equation that's most likely to be causing indigestion. The term 'sandwich generation' is used to describe those who are supporting both children and parents financially and as care givers, a trend affecting more and more people as the giant baby boomer generation settles into older age and our population continues to live longer - And it's definitely the topic [...]

denise.henly2014-09-05T00:42:00+09:30September 4th, 2014|FinSec Post, The FinSec View|

Less Politics, More Economics – The Verdict Budget 2014/15

THE BUDGET WE HAD TO HAVE! "The Budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed, lest Rome will become bankrupt. People must again learn to work instead of living on public assistance." - Cicero , 55 BC We can't help but think Cicero was on the money (no pun intended) when he proclaimed these words so long ago. [...]

denise.henly2020-07-08T06:16:28+09:30May 28th, 2014|Federal Budget, The FinSec View|

The Story Part 2: Federal Budget 2014/15 – what does it mean for you?

On Wednesday we brought you 'The Story', a budget summary outlining the key proposals from Treasurer Joe Hockey’ s 2014-15 budget. Now the dust has begun to settle we bring you 'The Story Part 2' - What does it mean for you? How could the Budget proposals change the way you live, work and pay for services on a practical day-to-day level? Here’s a round-up of what the 2014-15 Federal Budget could mean for your family finances. As always, if you [...]

denise.henly2020-07-08T06:32:10+09:30May 16th, 2014|Federal Budget, Investment, Market Update, Superannuation, The FinSec View|