A Finsec View – What investors, retirees, downsizers and SMSFs need to know about the budget
4th November 2022 In a macro sense, last week's Federal Budget was incredibly modest. Looking at the spending packages as a proportion of GDP they came in at just 0.1%. Really it was just about delivering on the election promises. In the context of previous budgets, in May 2022 spending initiatives came in at 1.7% of GDP, in [...]
When can I move my money out of the QROPS?
Transferring your pension into a registered QROPS scheme triggers the need to be in a QROPS for five full UK tax years (as a minimum). HMRC also has a 10-year reporting requirement. During this period any money moved into a non-QROPS within the relevant period will trigger an unauthorised payment charge of up to 55%. In this short video, [...]
A Finsec View – Q4 Themes, Super Cap Whispers, Yr12 Economics, Cyber Security Month and More.
21st October 2022 If you could talk to a younger version of yourself, what advice would you give? Wear more sunscreen, drink more water, make better money choices? As it turns out, professional investors are also not immune to the odd moment of "if only I had ...". This week, the AFR spoke to nine professionals about the lessons [...]
A Finsec View – Inflation and rates – how much more?, Subjective value, The bigger picture and More.
7th October 2022 How financially smart do you think you think Australians are? Be honest. In a finance quiz by think tank The Conexus Institute in June, less than half of the 1040 respondents got all six questions correct. How best to arm Australians with more financial knowledge is a pertinent question, especially as Treasury considers how to [...]
A Finsec View – DINs, Managing Uncertainty, Greetings from Bath and More
23rd September 2022 It might not feel like it when you're at the supermarket checkout, but according to investment bank Credit Suisse, Australians are now amongst the world's wealthiest people. Almost 2.2 million Australians are millionaires after soaring asset prices pushed another 390,000 adults onto the top rungs of the global wealth ladder. Making Australia one of the [...]
A Finsec View – BT Panorama Clarity, Lessons from Reporting Season, The Ultimate 1 Pager, Ethical Investing & BID and More.
9th September 2022 This week's View comes to you from Hahndorf in the Adelaide Hills, where the FinSec team have just wrapped up two days of knowledge sharing, strategy and personal development. It is valuable time that we spend away from the 'business as usual' unpacking and re-framing the business challenges and exploring new opportunities. It also happens to [...]
A Finsec View – Inflation (again), productivity and wages, financial habits of dog owners, scam alert and more.
26th August 2022 Well, this is fun. Despite central bankers and economists continuing to warn a global recession is possible if inflation is not brought under control and consumers start to curb their post-pandemic spending, global sharemarkets have rallied strongly since the lows of mid-June. It’s a rally that has been dubbed the “most hated” because it is precisely what [...]
A Finsec View – Elephants in finance, Meme stocks (again), The Line, Vale Phil and More
12th August 2022 Have we seen the bottom of the market? That's the question day traders and equity managers worldwide are asking after an unexpectedly robust start to the year's second half. In the US, the S&P 500 (tracking the market's biggest stocks) is up around 6.95 per cent over the past month. Locally, the S&P 200 is up around [...]
