According to the Financial Services Council (FSC), around 3.4 million Australians lack adequate income protection (IP) coverage[1], a critical componence of life insurance. Income protection replaces part of your income (typically up to 70%) if you’re unable to work due to illness or injury. It helps to cover living expenses like rent, mortgage, groceries and […]
Not rich enough to buy cheap
It’s tempting to buy cheap when trying to reduce the costs of living – but are cheaper consumer goods a solution to save you money, or part of the problem? The consequences of our increasingly ‘throw away’ culture have already had a dire impact on the planet. We just need to look at the unprecedented […]
Thinking about financial advice?
Thinking about getting financial advice but haven’t taken the first step? If so, you’re not alone. According to an Australian Securities and Investment Commission (ASIC) report[i] on Australian attitudes to financial advice, 41 per cent of survey participants who’d intended to seek advice, still hadn’t gone ahead. If that sounds like you, there’s probably a […]
Navigating retirement – FAQs about super
As you approach retirement, it’s important to understand how to access your superannuation. If you’re looking to retire this year – or are in the planning stages – here’s a list of frequently asked questions. When can I access my superannuation? Australian legislation sets out specific conditions – known as conditions of release – that […]
Get set for the new year
Financial goals are topping the list for many Australians this time of year, but whatever your goals or new year resolutions, here are some practical tips to get you started and maintain the momentum. 1. Let the big resolutions inspire you but start with what’s reasonable Thinking up a ‘reasonable’ resolution may not sound as […]