The FinSec View

The View Newsletter – April 2014

IN THIS ISSUE FOFA continues to headline Quick Tip: Investment Myth - Crowd support indicates a sure thing Happiness: the new measure of economic success It's lights out for UK Pension Transfers Weekly Market Update - opt-in opportunity FOFA continues to headline Last week Australia marked the fifth anniversary of one of it’s most high profile financial collapses - the liquidation of Townsville based Storm Financial (it’s 14,000 clients, many retired were left nursing an estimated $3 billion in losses). The [...]

2019-07-31T00:50:35+09:30April 1st, 2014|The FinSec View|

Happiness: the new measurement of economic success

In Australia, as with most western cultures, we often use Gross Domestic Product (GDP) to measure our success, however, there is another measurement which is gaining traction for more accurately depicting a country’s worth. It’s called the Gross National Happiness Index (GNH) and it implies that development should take a holistic approach to the notion of progress and give equal importance to the non-economic aspects of society. Looking at economic output alone to determine a nation’s success only gives a crude [...]

2014-10-13T03:27:56+10:30March 31st, 2014|FinSec Post, More than just Finance, The FinSec View|

Will it affect you? FoFA Roll-back 2014

FoFA Roll-back 2014. When the government unveiled the details of their FoFA overhaul days before Christmas, there was not a lot of media fuss. Few in the industry appeared to fully comprehend the potentially profound scope the changes would make. Since releasing the exposure draft regulation on January 29, the noise surrounding the issue has been anything but quiet. The changes have come under intense scrutiny and evoked much commentary amongst industry professionals. The main conversation centres on a fear that [...]

2020-07-08T06:13:11+09:30February 20th, 2014|Legislative Updates, The FinSec View|

THE VERDICT: Federal Budget 13/14

THE GOOD, THE BAD AND EVERYTHING IN-BETWEEN This Budget could be described as uneventful as it contained little in the way of sweeteners for middle-income earners, families and pensioners. Many of the key announcements were released pre-budget and confirmed by the Government in the budget papers. These include a number of changes to the superannuation system such as an increase in the concessional contributions cap for older Australians, changes to the excess contributions tax regime and 15% tax on certain earnings [...]

2020-07-08T06:16:13+09:30May 21st, 2013|The FinSec View|
Go to Top