There are steps you can take to deal with problems with your financial adviser and, in many cases, receive compensation if their advice was inappropriate for your circumstances.
Nick Bruining
Self-managed funds now account for nearly a quarter of the $4.33 trillion invested in superannuation. So why are so many more people unhappy with their DIY approach?
It’s natural to want the best for your children, but good intentions are no substitute for good planning. With these strategies, the ‘Bank of Mum and Dad’ can lend a hand without risking your financial future.
Felipe Araujo
DEBTMAN: Is it possible to have too much cash? For most of us, operating in regular society, following regular money rules — yes, you can have too much. Do this with it instead ...
Bruce Brammall
Q+A: An inheritance can be life-changing. But what if there’s a big pot of money on the way to someone who doesn’t have the capacity to handle such a sum? There are options to make sure they still benefit.
A pro-cash Aussie says the proposed cash mandate rules are “garbage” and will “green light” a cashless society.
Duncan Evans
Q+A: Moving a loved one into aged care can be hard enough without having to worry about the financial consequences. Here’s what you’ll have to pay and what may prove to be the best way to fund it.
While pre and post-retirees are celebrating the Federal Government’s major backflip on its proposed $3m super tax, don’t for a moment think winning the battle means the war is also over.
Many seniors accessing in-home care will be required to make new financial contributions based on their income and, for the first time, their assets. But there is a way to reduce the burden.
Fees charged to those receiving aged-care assistance in their homes are changing, with one expert warning ‘almost everyone will be expected to contribute’. Here’s how much more you can expect to pay ...
Australia's exchange traded fund industry has grown by $63 billion since the start of the year to reach $309.3 billion at the end of September.
Derek Rose
An overhaul of a signature Labor tax plan will cost the budget billions, but the treasurer says it shouldn't be seen in isolation.
Zac de Silva and Alex Mitchell
Jim Chalmers has been forced into a significant backflip on his superannuation reforms after being rolled on his plan to tax multimillion-dollar accounts more.
Katina Curtis
There’s a good chance that, sometime over the next few weeks, you may receive a letter from your financial adviser telling you they plan to retire at the end of the year. Here’s how to avoid a lemon.
Nearly a quarter of all financial advisers face the chop as tough new education standards finally take effect. Such a mass exit could lock even more people out of accessing the planning advice they need.
Whether it’s amateur sport umpiring or babysitting, your child’s first job can help them set good money habits. It starts with them understanding a system they’ll rely on for the rest of their lives.
Dawn Thomas
DEBTMAN: In reality, the wrong people are excited by the scheme. It’s not the first-homebuyers who should be upbeat about the changes. It’s the other side of the property transaction.
Q+A: How do mortgage offset and redraw accounts work? And can you tax-deduct interest payments if you use money from one to buy an investment property?
A senior Treasury official has revealed her department had discussed Labor’s controversial super tax plan with Anthony Albanese’s personal staff in a sign of changes being mooted.
Stephen Johnson
A Treasury official has conceded the average Australian worker will be paying more in income tax in a decade from now, despite Labor’s stage three tax cut changes.
Retirement is meant to be a reward for decades of saving. But anyone drawing an income from their super knows these days every dollar needs to be stretched further. Here’s how to ride out the volatility.
Raymond Pecotic
First-homebuyers now have a nifty way to accelerate the purchase of their new home. A Perth couple could have their deposit for an $850,000 loan in less than two years, with big tax concessions up for grabs.
Unless there are exceptional circumstances, we can’t generally access our super until we turn 60. Here are the conditions under which you might be able to get your hands on your savings earlier ...
Q+A: Access to a life insurance payout from your super can be crucial in your final months if you’ve been diagnosed with a terminal illness. Here’s how to make sure your savings can help those left behind.
