There is increasing investor autonomy in today’s world – the range of information available online and in the form of apps give investors an abundance of knowledge to manage their finances on their own. Theoretically anyway. On the one hand, freedom of information is great for expanding the financial literacy of individuals and allowing them […]
Are Gifts Taxable?
Are gifts taxable? I am frequently asked the questions, what are the tax implications of giving money away? If I receive money as a gift, do I need to pay tax on it? The answers are varied. The most recent that I heard was in a meeting with someone who mentioned their tennis partner told […]
Budget 2018/19
Before we all get too excited about the announcements made in the budget, let’s remember that everything reported are proposals that need to successfully pass through Parliament before they become law. And often that means being subject to changes throughout the process. But there are bits of good news. Let’s take a look at some […]
Revelations from the Royal Commission & Where We Stand
The revelations unfolding from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has lifted the lid on the behaviours of corporate executives and exposed a recurring void of the concept of “putting the interests of clients first”. In the second round of hearings focusing on financial advice, we […]
Does an award-winning fund mean higher returns?
Chasing past performance is not such a good idea when it comes to investing. Investment markets are volatile by nature, and backing a winner based on last year’s returns is like backing ‘yesterday’s hero’. Each year, several organisations hand out awards for the top performing funds from the previous year. The criteria for winning is […]