After the royal commission’s damning report card, a big question has to be, “Where to now for retail superannuation?”
Emma wants to know if she should buy another investment property. That’s where Paul Clitheroe comes in, with a lesson about diversification.
Ever since financial deregulation in the 1980s we’ve had a finance industry scandal followed by an inquiry, a quick fix and a declaration that it shouldn’t happen again. Commissioner Hayne’s final report hasn’t gone far enough to end this cycle.
The Hayne royal commission has called for new powers for regulators to clean up the financial services sector, as the final report is handed down.
For many years investors have been told that you could start up an SMSF with $200,000 as long as you were contributing heavily to it. But according to the Productivity Commission, any less than $1 million in your self-managed super fund will cost you.
With a young family, should Tanya and her husband focus on paying off their home, topping up super, buying shares or an investment property?
Have you ever had a voice in your head that asks you “Where the hell is your money going?” Enter A Real Girl’s Guide to Money: From Converse to Louboutins.
After decades of growing your super, it can call for a very different mindset to start drawing down the money in retirement. But thinking about how to make the most of your nest egg is critical to this new life stage.