Digital technology has changed the way planners give financial advice, but how can advisers continue to provide a service when investors increasingly take a more hands-on approach to their financial future?
Prime Minister Malcolm Turnbull announced his new ministry on Sunday, with significant changes in key cabinet positions.
It could be tomorrow, it could be next year, it could be 2020 – but the next market correction is inevitable. Safeguard your business against volatility with the following 5 steps.
Everyone who has had children will understand, once you have a family, your priorities and what you really value, changes.
In the latest episode of The Investment Series we meet Ross, who has a young child, with another on the way.
How do you continue to grow your wealth after you retire?
When it comes to retirement planning, it is crucial to make the most of the opportunities one has to grow one’s wealth. And because retirement planning is primarily about creating enough of a nest egg to cater for the years when we aren’t working, it is important to have an investment that generates an income that will at least keep pace with inflation so your standard of living doesn’t diminish.
Australia’s attitude to retirement is stuck in the past. To create the retirement we all want and deserve, we need to fundamentally rethink the way we approach it.
As a retired business coach I have a tried and tested framework for assessing the likely success of a new business. That framework is based on the owner’s analysis of and ability to penetrate the market the business would operate in. I would ask questions like; “What product or service are you offering?” “Who wants or needs it?” “Who are they purchasing from now?” “Why would they buy it from you?”
The Investment Series brings into focus the many strategic considerations needed in planning for retirement. We join Bruce Hein, who is looking for realistic long term investments which will carry him through his retirement. We now outline some areas for consideration in regards to investing goals for retirees.
One of the positives to come from the Intergenerational Report is that women’s participation in the workforce will increase. What a rich seam of wonderful employees on which to draw.
I have always seen one of the biggest challenges facing our industry is the need to make what we do, and how we do it, easy to understand and interesting.
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