It’s a common question – Is the Age Pension enough to live on in retirement? As is so often the case, the answer is: ‘it depends’. It depends primarily on two things – your level of spending, and the amount of age pension that you are entitled to. ASFA (The Association of Superannuation Funds of Australia) produces […]
Read MoreFracking to commence in Kimberley: are you supporting this?
The ABC reports today that State Government will allow Buru Energy to frack for gas in Western Australia’s north without an Environmental Protection Authority (EPA) assessment. Perth-based Buru Energy wants to use hydraulic fracturing stimulation at four existing wells along its Laurel Formation prospect in the Kimberley. Details here: http://www.abc.net.au/news/2014-06-17/state-government-will-allow-buru-energy-to-frack-in-kimberley/5531112 Buru’s website: www.buruenergy.com This is […]
Read More$600k plus pay packets for ‘Not for Profit’ Industry Super fund CEOs…Compare The Pair!
Once again we’re getting bombarded with advertising from industry super funds. How do they pay for advertising if all profits go to members? Of course, we’re told that this advertising serves ‘to benefit members’. But what about CEO & Executive pay packets – do they benefit members too? AustralianSuper chief executive Ian Silk received $564,456 […]
Read MoreInvestor concern drives fossil fuel divestment research
Interesting options for dealing with fossil fuel investments….report from Ross Kendall at www.ethicalinvestor.com.au The portfolio risk from stranded, or rapidly depreciating, fossil fuel-based assets is the big question for the year according to Michael Salvatico MSCI ESG resercher, and the basis of an updated paper comparing the cost of different investment responses.MSCI’s ESG issue brief […]
Read MoreGESB Super – Advice from the Experts
Many West Australians have worked in the public service at some stage in their career. Therefore, many people approach us with questions about their GESB Super – especially now that GESB have closed their Financial Planning division. See www.superreview.com.au/news/financial-advice/gesb-financial-advice-closes-up-shop The good news is that James and Julianna Baird at JustInvest are GESB Experts, having advised […]
Read MoreRetirement Savings Can Last a Lifetime – Annuities
When you retire, the bills keep coming in but a regular pay cheque doesn’t. An annuity can pay you guaranteed, monthly income which can keep pace with inflation, if you choose, and is tax-free if you’re over 60 and investing your super money. Also, Annuities can help you access or increase your seniors benefits like the Age […]
Read MoreIndustry Super ‘Compare the Pair’ ads: Unethical?
We get a lot of questions about the ‘Compare the Pair’ advertising blitz that Industry Super funds have run in the media (particularly on prime time TV) in recent years…”Are industry funds cheap?”, “Am I in an Industry Fund?”, “How much will I save in fees?”. The question we ask: “Are these ads unethical?”. It’s […]
Read MoreRetirement Planning: How to get the best results
When keeping fit, it’s generally accepted that Personal Training gets results. Why? A trainer will focus on: Achieving your goals to the best of your ability Accelerating your progress Educating and mentoring you along the way Seeking advice from a Financial Planner is no different. Having someone guide your journey into retirement removes the stress of […]
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