Potential Changes to Super Rules in the Federal Budget

The media has recently speculated that there may be alterations to superannuation rules in the 3rd of May Federal Budget. It is believed they will target annual contribution caps and / or Transition to Retirement strategies for super. What does this mean for you? While these changes are only speculative at the moment, now may […]

Critical Illness Insurance

16th March 2016. Critical Illness Insurance I have always hated insurance policies, probably because I see the money going out regularly and for what return? I have also never found insurance companies particularly “caring” nor “customer focussed”. However, my views have changed! As part of my financial planning with Solace Financial I have held life […]

At the end of work – A first-hand experience about retirement

at the end of work retirement

A first-hand experience about retirement by Solace Financial client, Ian. I ceased paid work in August 2013. It was not the “gold watch at the end of 30 years of Service” type of event. The mining project in Central Queensland that I was working on was completed. The engineering service company I was working for […]

Be clear on investment goals

Retirees concerned about the latest cut to the official cash rate need to clearly identify their investment goals to help clarify whether capital stability or income sustainability is of greater importance. In this article, we discuss how a well-managed portfolio of select corporate bonds, equities, property and infrastructure can deliver attractive and predictable income streams […]

Herd behaviour

All investors are prone to behaviors and emotions that can lead to poor investment decisions. One of the most common pitfalls is known as ‘herd behaviour’. This describes large numbers of individuals acting in the same way at the same time, typically by buying into rising markets and selling out of falling markets. This behaviour […]

March Quarter 2015 Review – Colonial First State

The global economy: March quarter 2015 review By Belinda Allen, Senior Analyst, Economic and Market Research Financial markets overview – equities and bonds *All returns and yields are in local currency terms. Summary It was a volatile and eventful first quarter of 2015, driven largely by central bank announcements. The European Central Bank (ECB) embarked […]

Me or my money – who will last longer?

Me or My Money

Me or my money – who will last longer? With the release of the latest Australian Bureau of Statistics Life Expectancy tables this question again becomes highlighted in people’s minds, both in regards to funding retirement personally, or obtaining pension benefits from the Australian Government. Australia is now one of only four countries that have […]

Purchase Property Using Superannuation

The ability for investors to purchase property with their superannuation may be under threat due to the findings of the Murray inquiry last December.  The Murray inquiry stated that “the current ability to borrow directly may, over time, erode this strength (of superannuation) and create new risks to the financial system”.  Currently, by using the […]

Centrelink benefits – Just the Age Pension?

Centrelink benefits – Just the Age Pension? Many clients are aware that the Age Pension can provide a stable portion of an individual or couples retirement income. For some, it becomes the primary source of retirement income. However, to some, more beneficial are the additional benefits that are received as a result of becoming eligible for […]

Estate Planning – Just a Will?

Estate Planning – Just a Will? When it comes to managing our affairs during our lifetime, we are all focused on increasing our wealth and hopefully therefore our lifestyle, reducing our taxes to the minimum, and generally getting the best value for the monies we have accumulated. Unfortunately, we can be quite blasé when it […]

Insurance Premiums

Insurance Premiums such as Life, Total and Permanent Disability, Income Protection and Trauma can be expensive and is one of the biggest reasons why people don’t take out cover.  There are two main ways that premiums can be setup.  Stepped or Level.  As its name suggests Level premiums stay level while you have your insurance […]

Understanding Managed Funds

Managed Funds

Managed Funds are professionally managed investment portfolios that individuals can buy into. This can provide an individual with access diversification across different asset classes, companies, industries, sectors and countries in an easy to manage, cost effective manner. Different Managed Funds will focus on different underlying investments allowing us to tailor a portfolio to focus on […]