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The Baby Boomer bubble is over, what’s next?

In less than five years, all Baby Boomers will be eligible for retirement and the Baby Boomer bubble will have all but deflated. What happens next, and what are the implications for the wealth management industry?

When markets dive, even the wealthy can lose their heads

A new survey suggests almost all wealthy Australians admit to changing their investment behaviour when the value of their portfolios falls. The market falls of 2022 provided a reality check for many investors.

1 January is a moment of truth for the wealth industry

How can an adviser who is receiving a significant fee for selling a product be in a position to offer good, impartial advice to their client? They can’t, and the industry will slowly accept this.

Royal flush: 15 questions to ask a financial adviser now

The Royal Commission will change financial advice, focussing more directly on conflicts of interest and client best interests. What can you flush out of your adviser immediately?

25 questions to ask your financial adviser

A good financial adviser can become a life-long guide to financial security, which makes taking the time to select one a major part of an investor's plan. Make it a two-way conversation and learn how the adviser works.

How robotics can deliver smart wealth advice

Even when companies are burdened by legacy systems, Robotic Automation can create a new integration process to feed a greater number of services or data points into roboadvice or other wealth channels.

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How much do you need to retire comfortably?

Two commonly asked questions are: 'How much do I need to retire' and 'How much can I afford to spend in retirement'? This is a guide to help you come up with your own numbers to suit your goals and needs.

Meg on SMSFs: Clearing up confusion on the $3 million super tax

There seems to be more confusion than clarity about the mechanics of how the new $3 million super tax is supposed to work. Here is an attempt to answer some of the questions from my previous work on the issue. 

The secrets of Australia’s Berkshire Hathaway

Washington H. Soul Pattinson is an ASX top 50 stock with one of the best investment track records this country has seen. Yet, most Australians haven’t heard of it, and the company seems to prefer it that way.

How long will you live?

We are often quoted life expectancy at birth but what matters most is how long we should live as we grow older. It is surprising how short this can be for people born last century, so make the most of it.

Australian housing is twice as expensive as the US

A new report suggests Australian housing is twice as expensive as that of the US and UK on a price-to-income basis. It also reveals that it’s cheaper to live in New York than most of our capital cities.

Welcome to Firstlinks Edition 566 with weekend update

Here are 10 rules for staying happy and sharp as we age, including socialise a lot, never retire, learn a demanding skill, practice gratitude, play video games (specific ones), and be sure to reminisce.

  • 27 June 2024

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