By Andrew McDougall – Adviser Risk Insurance
I met with Steve and Tracey in 2010 to review their personal insurance policies. They were existing Business Services clients at the time. They operated …Read More
There have been numerous destructive weather events around the country this year, and this has once again put the spotlight on the insurance industry. While the media has criticised some insurers for …Read More
In a surprise announcement earlier this year, the Federal Government extended Australia’s foreign resident capital gains tax (CGT) regime by denying foreign and temporary tax residents access …Read More
What is the ‘vesting date’?
The vesting date is defined in the trust deed as the date on which the trust will conclude, and the entitlements to trust capital and the income therefrom …Read More
The lack of transparency in the current home loan market, complicated pricing arrangements and the ever changing policies around investment lending, makes deciding on the right home loan more …Read More
For a household’s main income earner, having children is likely the number one catalyst for purchasing a life insurance policy. The reasons are clear; without their main income stream, how would …Read More
The Australian Taxation Office (ATO) has recently released Taxation Ruling 2017/D6, setting out the ATO’s updated guidelines regarding when an employee can claim a tax deduction for their travel …Read More
As Tax Advisors we are often asked to provide advice to business owners who are wanting to incentivise key staff. Whilst this is most likely a clear reward and recognition strategy, it is important …Read More
In 1952, Harry Markowitz wrote an essay titled “Portfolio Selection” that became the basis for Modern Portfolio Theory (MPT). The concept behind MPT is that the assets in an investment portfolio …Read More
As we move forward into the technological revolution and continue to receive services and products in dynamic and innovative ways, it’s important to also realise that technology is extending our …Read More
Every time you go to the bank to borrow money, the bank takes out an insurance policy on you.
By taking out what is known as a “Loan to Value” margin on what the property is worth versus what …Read More
The following piece was written by Nathan Bell, Head of Research at Peters MacGregor Capital Management.
Being contrarian is not a simple mathematical formula. Nor does it guarantee success, …Read More
With tax time here once more, the Australian Taxation Office (ATO) has taken the opportunity to issue a fresh ‘health warning’ on how to best avoid incorrect claims for work-related expenses. …Read More
Providing personal risk insurance advice can sometimes be a dry topic. However, in doing so we really have two choices; discomfort now for certainty in the future, or comfort now for certain pain in …Read More
It’s incredible to think that 2017 is halfway gone.
Has there been enough time to ask how those New Year’s resolutions are looking?
Have you had a chance to make some serious inroads and …Read More
The following piece was written by Anvij Saxena, Chief Risk Officer at Colonial First State
As our financial lives move gradually more online, cybercrime is becoming more widespread. As simple …Read More
Budgets have always been a platform for governments to announce major policy shifts. However, in the modern day such shifts are typically responses to a rising wave of populism surrounding a …Read More
With 30 June quickly approaching, now is a good time to assess your current position and ensure your year-end strategies are in place.
This article highlights some of the key tax law changes that …Read More
In last month’s edition, we reviewed several key superannuation amendments which will come into effect on 1 July 2017.
This month, our experienced superannuation team takes the opportunity …Read More
Unfortunately and all too often, individuals will fail to consider the importance of life insurance until it’s simply too late - and we can understand why. Life insurance typically isn’t a topic of …Read More
The journey towards retirement requires careful planning and consideration. It’s an arduous one, full of obstacles and challenges that will ultimately shape your future.
Unfortunately, …Read More
A number of significant superannuation reforms come into effect on 1 July 2017. As such, our experienced team of expert SMSF advisers have provided the following recap:
Reviewing the …Read More
Life isn’t without its challenges. Typically, it’s human nature to face these head on, evaluating and assessing each obstacle as it surfaces, but one thing is for sure, no one can predict what the …Read More
Over the past three years, FIWA's parent company, Findex, has executed a major initiative to implement the infrastructure required to effectively support the rollout of Family Office. This is an …Read More
As of January 1, 2017, significant amendments to the Age Pension asset test threshold came into effect. It’s expected that the changes will continue to impact hundreds of thousands of Australians …Read More
Author, poet and novelist C.S. Lewis said: “You are never too old to set another goal or to dream a new dream.”
For many, the new year provides a unique opportunity for a new start, a new …Read More
Whether you are an employer who provides benefits to employees, or a tax professional attempting to help out a client, we have taken the time to compile a helpful list of new rules, old regulations …Read More
As accountants and taxation advisers, we are continually assisting those clients looking to buy, sell or restructure their businesses. As a result, we are often presented with opportunities to …Read More
Most of us have good intentions of starting the new year with a resolution to improve our lives in one way or another. One of the most common resolutions centres around the setting and achieving of …Read More
Small and medium-sized enterprise (SME) owners will no doubt be familiar with Goods and Services Tax (GST). This broad-based levy is charged on the
majority of products and services that …Read More
Many small business owners often begin looking at ways to invest their savings as a means of protecting their assets and growing their wealth. However,
finding the right investment …Read More
Australian business owners generally have a raft of expenses they have to account for. Along with the company tax, employers also have to pay 9.5 per cent
of an employee's pay cheque into …Read More
There are many possible tips that a startup might do well to take on board: For instance, devising a business plan and trading structure, having sufficient reserves of cash on hand during the …Read More
It's good to check in with your accountant from time to time to see if they have any insights they can impart to you about your finances. Of course,
getting the right answers is often …Read More
It's all well and good to have a broad understanding of what an accountant is and does. But this doesn't necessarily mean you'll know when it's time to get
in touch with one and seek their …Read More
You might think you know what an accountant is. They're an individual who goes through your records and tells you about your financial situation and where
it's going, right?
In a …Read More
When it comes to subjects people tend to know little about, accounting ranks right around the same level as quantum physics or the deepest depths of the
ocean. Due to its seeming …Read More
No one ever said running a self managed superannuation fund (SMSF) was cheap. There's a reason why,
according to a 2013 Rice Warner report, the majority of funds tended to have $200,000 …Read More
Hiring an accountant is a bit like getting into a romantic relationship: You need to be completely open and honest if you want the thing to go the
distance. In some cases, it might even be …Read More
Being frustrated with your tax burden is one of those things that's such a given, there's almost no point in talking about it - almost.
In fact, it's crucial to have discussions about it, …Read More
Those who like to take a little bit more charge in their own affairs often opt for a self managed superannuation fund (SMSF). Rather than passively sitting around and watching
your …Read More
When was the last time you looked at your superannuation statement? If we were being honest, most people would likely say they couldn't remember. Every
year, these reports informing you …Read More
Generally, if you want to see how you can reduce your taxation burden in order to have more
money coming in, you know who to call: Your Accountant.
However, accountants aren't …Read More
No one who's ever been audited looks back on it fondly. Unfortunately, it's one of those experiences that many Australians have to go through at some point
in their lives. It's useful to …Read More
An accountant can be many things: A trusted adviser, confidant or even your partner in tax planning.
They're key to ensuring that you get the most out of any financial decisions you make. …Read More
Employer contributions are an important - and mandatory - piece of every worker's superannuation strategy. However, if you happen to be a business owner yourself, this also
has an impact on …Read More
Financial planning is essential, but it's just as important to prepare for the unexpected life events that fall outside your carefully crafted retirement
Even if you …Read More
One of the key aspects of Australians' financial planning is deciding how
to take care of a family business. This issue affects more Australians than might be though at first glance. …Read More
While the birth of a grandchild is certainly a time to celebrate, it also means it's time to look at your will and factor your new family members into your estate planning.
Here are a …Read More
Consolidating and refinancing debts is always popular when interest rates are low, but interest isn't the end all-be all when it comes to making financial
The …Read More
When it comes to your finances, estate planning is one of the most important tasks you'll ever carry out. You want to make sure your family will be well-taken care of when you're gone, and …Read More
As anyone who's ever given up on their New Year's resolutions a month into their new calendar can attest, sticking to the goals we set isn't easy. But
often the reason we aren't able to …Read More
Building wealth up over the years can be satisfying, but you should also want to ensure your assets are secure. This is especially important if you're
planning on leaving assets to your …Read More
Financial Strategy isn't just about following investment advice and increasing your cash flow, it
also concerns handling your economic obligations in a smart, measured manner.
For …Read More
The end of June is just around the corner, and along with it the end of the financial year.
With strategic tax planning a key part of wealth management, particularly for high-net worth …Read More
Sixty-five is no longer the magic number for Australians.
Treasurer Joe Hockey spoke about upping the retirement age in April, although the exact details were not fully formed. …Read More
You might consider yourself fairly knowledgeable when it comes to health and life insurance, but income protection insurance is a lesser known form of
Essentially, …Read More
Saving for retirement is something that should be high on everyone's agenda, so when the time comes for you to think about your post-work years, chances
are your attention will turn to …Read More
Wealth management is a primary concern for any investor, but those with a high net worth are likely to be particularly cautious about where they invest
large amounts of money. …Read More
Low/falling inflation suggests that right now deflation is maybe more of a risk than rising inflation in developed countries. Falling inflation reflects significant spare capacity globally and soft …Read More