FinSec Post Archives | Page 26 of 33

Weekly Market Update – 6th March 2015

Investment markets and key developments over the past week While European shares gained another 0.7% over the past week helped by continued good economic data and Japanese shares rose 0.9%, US shares fell 1.6% on the back of US Federal Reserve (Fed) worries after strong payroll data, Chinese shares fell 2.1% and Australian shares lost 0.5%. Australian shares fell back after almost touching the 6000 mark for the ASX 200, partly in response to the Reserve Bank of Australia (RBA) leaving [...]

denise.henly2015-03-10T06:10:02+10:30March 10th, 2015|FinSec Post, Market Update|

That makes three!

Yet another of Australia's largest financial institutions (that makes three) has become embroiled in a scandal that further undermines the financial services industry - the latest household name to fall from grace, National Australia Bank (NAB). Never before have Australians needed trusted advice more, yet the industry continues to trip over itself in the quest for professionalism. The question now on the agenda is do we need a Royal Commission into Financial Planning? At FinSec Partners we welcome the call. The [...]

denise.henly2015-03-05T04:23:18+10:30March 4th, 2015|FinSec Post, The FinSec View|

Knowledge & Clarity: Deeming Rates likely to change

Deeming Rates Likely to change March 20, 2015 Finally some good news on the pension front. If you receive a part-pension as a result of the income from your financial investments then you could be in for a pay rise, come March 20, 2015. The word is Deeming rates are likely to be decreased to better reflect the low interest rates currently on offer for term deposits and savings accounts. What are Deeming Rates? Deeming rates are used to assess [...]

denise.henly2015-03-04T06:10:52+10:30March 4th, 2015|FinSec Post, The FinSec View|

Get ready to “fall off your chair”: Intergenerational Report

Treasurer Joe Hockey is hoping that Thursdays release of the much anticipated intergenerational report will be the magic bullet he needs to persuade a sceptical Australian public. The problem to be fixed: Figuring out how to reduce the inexorable growth in spending, when the fastest growth is in areas such as social security, health and pensions and the problem is only going to get worse. We know this report is expected to scare us because Treasurer Joe Hockey said so. "When [...]

denise.henly2015-03-04T06:39:10+10:30March 4th, 2015|FinSec Post, The FinSec View|

Lower for Longer!

Low interest rates are here to stay, is a drum we've been beating for a while now. In this article an Extract from farrelly’s Dynamic Asset Allocation Handbook December 2014 we look at why raising interest rates any time soon is going to be hard. Just how hard it will be to raise interest rates is starting to become very apparent. Japan has been stuck at close to zero interest rates since 1993; Europe seems to be toppling towards deflation from which it may [...]

denise.henly2015-03-05T04:31:20+10:30March 4th, 2015|FinSec Post, The FinSec View|

Weekly Market Update – 27th February 2015

Investment markets and key developments over the past week Most share markets rose over the last week helped by a combination of good news on Greece, benign comments from Fed Chair Yellen and okay economic data and profit results. US shares lost 0.3%, but Eurozone shares rose 2.7%, Japanese shares rose 2.5%, Chinese shares gained 2% and Australian shares rose 0.8%. This capped off a strong month. Bond yields generally fell, but particularly so in parts of Europe ahead of ECB [...]

denise.henly2015-03-02T05:24:16+10:30March 2nd, 2015|FinSec Post, Market Update|

Weekly Market Update – 20th February 2015

Investment markets and key developments over the past week While Australian shares were little changed over the last week, other markets saw good gains. US shares gained 0.6%, Eurozone shares rose 1.3% helped by progress towards a Greek deal and better economic data and Japanese shares rose 2.3% to a 15 year high. Chinese shares also rose ahead of the New Year holiday. Australian shares rose only 0.1% with more mixed earnings results but support from a takeover of Toll by [...]

denise.henly2015-02-24T00:45:50+10:30February 24th, 2015|FinSec Post, Market Update|

Press Release: February 2015 – THE OFF FARM PLAN

Press Release **** News**** Press Release The Stone in every Farmers Shoe “Farmers (like so many small business people), busy growing and selling grain are not finding the time to work on their off farm plan is a reality of rural life in 2015” says financial adviser at FinSec Partners Andrew Creaser. Whilst it’s imperative that farmers achieve strategic tax advice, a study has revealed that the overwhelming majority (76%) said it was the achievement of core goals and lifestyle objectives [...]

denise.henly2015-02-19T03:54:52+10:30February 17th, 2015|FinSec Post|

Weekly Market Update – 13th February 2015

Investment markets and key developments over the past week Shares rose solidly over the last week thanks to optimism regarding Greece, a new Ukraine ceasefire deal, more global monetary easing (the latest being Sweden), a pick-up in Eurozone growth and good earnings results. US shares rose 2%, European shares gained 1.5%, Japanese shares rose 1.5%, Chinese shares gained 4.2% and Australian shares rose 1%. The strong start to the earnings reporting season in Australia combined with expectations for more interest rates [...]

denise.henly2015-02-17T23:16:41+10:30February 17th, 2015|FinSec Post, Market Update|

SPAA Changes It’s Name

It is no secret that the SMSF sector is evolving at an ever increasing pace, SMSF is now the largest super sector in terms of asset size, boast around one million trustees and the breadth of it's professional membership is growing exponentially. Today the professional body tasked with leading the SMSF sector has changed it's name from SMSF Professionals' Association of Australia Limited (SPAA), to the SMSF Association, in a move thought to better reflect the growing growing sector and vibrancy [...]

denise.henly2015-02-18T04:01:25+10:30February 11th, 2015|FinSec Post, SMSF|