FinSec Post

The Conversation: The Meat in the Sandwich

The  "sandwich generation" has a lot on its plate these days, and it's determining how to handle the financial side of the equation that's most likely to be causing indigestion. The term 'sandwich generation' is used to describe those who are supporting both children and parents financially and as care givers, a trend affecting more and more people as the giant baby boomer generation settles into older age and our population continues to live longer -  And it's definitely the topic [...]

2014-09-05T00:42:00+09:30September 4th, 2014|FinSec Post, The FinSec View|

SMSF Centre of Excellence to be formed in Adelaide

AMP and the International Centre for Financial Services (ICFS) at the University of Adelaide have agreed to form a Centre of Excellence in self-managed super funds (SMSFs), the first of its kind in Australia. The centre is expected to be operational by the end of 2014. Using AMP’s expansive SMSF database and the expertise of academics from one of Australia’s largest and most respected universities, the centre aims to provide greater insights into the motivations and behaviours of SMSF trustees. AMP [...]

2014-10-13T03:23:37+10:30September 3rd, 2014|FinSec Post|

Weekly Market Update – 29th August 2014

Investment markets and key developments over the past week Share markets were mixed over the past week with good economic data propelling the US share market to record highs and hopes of more ECB stimulus helping in Europe, but with soft data and profits weighing in Japan and Australia and increased Ukraine tensions on stepped up Russian involvement weighing across the board. US shares gained 0.8% and Eurozone shares rose 2.4% but Japanese shares fell 0.7%, Chinese shares fell 1.1% and [...]

2014-09-01T07:00:54+09:30September 1st, 2014|FinSec Post, Market Update|

Weekly Market Update – 22nd August 2014

Investment markets and key developments over the past week Despite slight falls in US and European shares on Friday on the back of slightly less dovish comments from US Federal Reserve (Fed) Chair Janet Yellen and renewed tensions regarding Ukraine, share markets continued to move up over the past week as a whole helped by a combination of good economic data in the US, expectations that central banks will remain supportive and as geopolitics took a back seat for most of [...]

2014-08-27T05:55:46+09:30August 27th, 2014|FinSec Post, Market Update|

The Problem with Free Advice

Financial Systems Inquiry chair David Murray voiced his "concerns about 'excessive complexity' in the sale of financial advice and laments the lack of a 'best practice model' for paying financial advisers" in comments he made at a public forum in Sydney last night. The message at the heart of Mr Murray's comments is a good one, all financial advice should focus solely on the outcome of the client it is prescribed for. "While it is simplistic to say people don't die from [...]

2014-08-28T07:49:18+09:30August 22nd, 2014|FinSec Post|

Weekly Market Update – 15th August 2014

Investment markets and key developments over the past week Share markets moved higher over the last week as some soft economic data highlighted the need for continued easy global monetary conditions and as geopolitical risks receded a bit. The Australian share market was also supported by good profit results. US and European shares rose 1.2%, Japanese shares gained 3.7%, Chinese shares rose 1.5% and the Australian share market rose 2.4%. Bond yields fell, with the German bond yields falling 10 basis [...]

2014-08-25T06:56:21+09:30August 18th, 2014|FinSec Post, Market Update|

Advice & Clarity… For Life’s Curveballs – 18th August 2014

A redundancy can be a challenging time, but also a great opportunity to start something new. Take action and get your finances under control. Prepare for the next chapter with these 5 tips. #1 Making the most of your money You could consider depositing your redundancy payout into an online savings account or a cash management account. Here it can be potentially earning extra interest while you determine the best way to invest it. #2 Watch your budget It can take [...]

2014-10-13T03:24:35+10:30August 18th, 2014|FinSec Post, For Life's Curveballs|

Weekly Market Update – 8th August 2014

Investment markets and key developments over the past week The share market correction continued over the last week with a whole range of issues weighing on confidence including Russian retaliatory sanctions, increased fears of a Russian invasion of Ukraine, US air strikes on northern Iraq, poor data in Europe, strong data in the US continuing to feed Fed tightening fears and even the latest Ebola virus outbreak. Through the week European shares fell 2.5%, Japanese shares fell 4.8% and Australian shares [...]

2014-08-25T06:54:58+09:30August 12th, 2014|FinSec Post, Market Update|

FinSec in the Community – We’re running for Rocket …

We're running for Rocket ... What began as a small internal fundraising idea for the Rocket organisation (a one of a kind SA charity for children with Autism), has quite literally 'taken off' and the team at FinSec are excited! Thanks to the drive and determination of Advisers Dane Avery and Nathan Pech, 'Team Rocket' (our city-bay team entry for 2014) is growing by the day and we'd like to invite the wider FinSec Community to get involved. Since many of [...]

2014-08-18T01:27:00+09:30August 4th, 2014|FinSec Post|

MEDIA RELEASE

Little known charity is changing the lives of children with Autism. FinSec boys rally awareness through their ‘Wear Your Care’ initiative. Advisers at Adelaide’s top financial services firm FinSec Partners, Dane Avery and Nathan Pech are going the distance (quite literally – 12km to be exact) to raise much needed awareness for Rocket, a charity close to both their hearts. Brain child of Dane Avery (partner Abbey is a Rocket therapist), Team Rocket will be out in force for this year’s [...]

2014-08-03T22:59:50+09:30July 31st, 2014|FinSec Post, Media|
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