Articles for Financial Advice

Millions of people set to get more support with their pensions under new plans
1 week, 5 days ago

Millions of people set to get more support with their pensions under new plans

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Financial …

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Superannuation giant Cbus cancels customer's insurance days before his death
1 month ago

Superannuation giant Cbus cancels customer's insurance days before his death

ABC  

Just 18 days before Russell Wayne Hirst died of a cardiac event in November 2021, Cbus cancelled his insurance policy. Government could legislate to force super funds to respond to claims faster Ms Ferrari-Hirst's case comes as Australia's $4 trillion superannuation industry faces a crackdown from corporate watchdog ASIC after damaging allegations about Cbus. Assistant Treasurer Stephen Jones told ABC …

Insurance Death Financial Customer Service Death Benefits Claims Fund
Think you're "bad with money?" Reduce financial stress without blaming yourself
2 months, 2 weeks ago

Think you're "bad with money?" Reduce financial stress without blaming yourself

Salon  

I, like many of my peers, came into adulthood assuming I was “bad with money.” I spent my 20s accruing credit card debt and student loans, working low-paying jobs with no retirement plans or health insurance, not thinking about investing and never checking my credit score. “Financial struggles can be perceived as personal failings, leading to deep-seated shame.” Until learning …

Advice Financial Credit Money Work Way Systems
Tips and tricks to save money amid a cost-of-living crisis
3 months, 3 weeks ago

Tips and tricks to save money amid a cost-of-living crisis

ABC  

As Australia's cost-of-living crisis continues, most of us are feeling the pinch in some way. Dollar Day: Fuel John: "Another good way to save money is to turn off your engine when it's parked. Sarah: "With your car, make sure you've got air in your tyres, take all the stuff out of it you don't need, and service it regularly …

Insurance Financial Car Phone Sim Need Things
Unintended consequences and more work to do: Five years after the banking royal commission
10 months, 2 weeks ago

Unintended consequences and more work to do: Five years after the banking royal commission

ABC  

Billions of dollars returned to customers. Bank 'improvement' The deputy chair of corporate watchdog ASIC, Sarah Court, says there's been a broad improvement in the way large financial institutions engage with their customers and recognise issues raised by them. ASIC's deputy chair Sarah Court doesn't want to see the momentum stop: "What it is critical that we maintain going forward …

Royal Financial Court Banking Financial Institutions Misconduct Commission
Lotto Powerball $200 million jackpot tempts millions to buy tickets, but the odds of winning are remote
10 months, 3 weeks ago

Lotto Powerball $200 million jackpot tempts millions to buy tickets, but the odds of winning are remote

ABC  

In short: Millions of Australians will be hoping for the best in tonight's $200 million lotto draw. Lotterywest estimates half of Australian adults have bought a ticket for Thursday night's $200 million Powerball draw, a new Australian jackpot record reached because there have been no division one winners for six weeks. Community benefits overstated, says expert Curtin University gambling researcher …

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Want one-off financial advice? Here's what to ask for and the costs involved
1 year ago

Want one-off financial advice? Here's what to ask for and the costs involved

Daily Mail  

Many people could benefit from one-time help over some aspect of their finances, and this need not tie you into a long-term relationship with an adviser. Seeing a professional adviser: Many people could benefit from one-off expert help over some aspect of their finances It's perfectly acceptable to ask an adviser for expert assistance on a particular financial concern, agree …

Pension Fees Help Many People Ongoing Your Pension Ask
Poor advice and misleading promotions found by FCA in later life mortgage review
1 year, 3 months ago

Poor advice and misleading promotions found by FCA in later life mortgage review

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The City regulator has worked …

Advice Financial Life Customers Fca Firms Later
Rajnath Singh bats for competitive bidding through open tender in defence procurement
1 year, 8 months ago

Rajnath Singh bats for competitive bidding through open tender in defence procurement

India Today  

Union Minister for Defence Rajnath Singh stressed the need to devise innovative methods to maximise the value of money spent on the security needs of the country, terming a robust defence finance system as the backbone of a strong military. Inaugurating the three-day International Conference on Defence Finance and Economics in New Delhi on Wednesday, Rajnath Singh asserted that a …

Finance India Defence Financial Procurement Singh Rajnath
Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get it
1 year, 10 months ago

Australians need good financial advice more than ever to pay for soaring interest rates. Here's how to get it

ABC  

Hundreds of thousands of us who took out fixed-rate mortgages in 2020 and 2021 are about to be hit with massive increases in payments. For years, I argued we should make financial advice perfect: delivered by genuinely professional advisers, who weren't receiving kickbacks from firms wanting access to our money. It's now illegal for financial advisers to accept commissions and …

Advice Financial Life Insurance Need Good Levy Super
Proposals to make financial advice more accessible set out by City regulator
2 years ago

Proposals to make financial advice more accessible set out by City regulator

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy More people with excess savings held in cash could be …

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Did ASIC just kill the 'finfluencer'? Corporate regulator cracks down on unlicensed advisers
2 years, 8 months ago

Did ASIC just kill the 'finfluencer'? Corporate regulator cracks down on unlicensed advisers

ABC  

Social media content creators known as "finfluencers" are hugely popular with young people, but they could end up in jail or with a $1 million fine if they don't shut down. Key points: ASIC has cracked down on unlicensed 'finfluencers' About one third of young people on social media follow a finfluencer ASIC's rules don't cover cryptocurrency Finfluencers are social …

Social Media Media Social Advice Money Cryptocurrency Guidelines
Three things to keep in mind while choosing a financial planner
3 years, 3 months ago

Three things to keep in mind while choosing a financial planner

Live Mint  

An individual should seek the advice of a financial planner as soon as he or she starts earning. “Professionals who have certifications such as Certified Financial Planner or Qualified Personal Finance Professional have undergone rigorous training programmes and adhere to continuous education requirements," says Sadique Neelgund, founder, Network FP. “RIAs charge a fee directly from clients, whereas distributors get paid …

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Young entrepreneurs Fred Schebesta and Roxy Jacenko reveal their best and worst financial advice
3 years, 8 months ago

Young entrepreneurs Fred Schebesta and Roxy Jacenko reveal their best and worst financial advice

Daily Mail  

Australia's up-and-coming young entrepreneurs have revealed the best and worst investment advice they have ever received. ENTREPRENEURS' BEST AND WORST ADVICE BEST - Be frugal - Spend within your means - Buy property in blue-chip suburbs - Be a disciplined saver WORST - Try to time entering the stock market at the bottom - Buy assets for your business to …

Business Market Advice Financial Bitcoin Cent Sydney
How TikTok is teaching a new generation about personal finance
3 years, 8 months ago

How TikTok is teaching a new generation about personal finance

CNN  

New York CNN Business — Tori Dunlap joined TikTok in March 2020 for the same reason that most people do: To watch quick-fire videos of people dancing, lip-synching and telling jokes. When it comes to the apps’ thriving personal finance community, most of the faces dolling out financial advice are new – and many of them are women and people …

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On TikTok, crappy financial advice is going viral. Here's what you should keep in mind
3 years, 10 months ago

On TikTok, crappy financial advice is going viral. Here's what you should keep in mind

ABC  

Scroll for a little while on Tik Tok and it won't take you long to learn something new. Maybe it'll be a random life hack about how to separate egg yolks and whites; what it looks like inside triple j's offices; that percentages are reversible; how to make a viral pasta recipe; or why mixing alcohol with diet soft drinks …

Advice Financial Advice Tik Tok Financial Tiktok Tori Dunlap