General News
‘Is the 2017 Federal budget a winner for retirees?’
Recently, Muirfield Adviser, Matt Torney was interviewed by, the Financial Planning Association (FPA) online magazine, Money & Life regarding the 2017 Federal Budget and its potential effects on retirees. The article reflects on the re-instatement of the Pension concession card, the pros and cons of downsizing, and contributing proceeds to Super. To read the article, please click here.
Read MoreMuirfield Budget Update – 2017
On 9 May, Treasurer Scott Morrison delivered the 2017 Budget. Morrison touched on quite a few points and declared that Australia will return to surplus in the coming years. There are some interesting changes that may come about due to the budget, and we have highlighted these below: Home Proceeds and Superannuation In the…
Read MoreNew Financial Planning Regulations
In a win for the Australian public and the Financial Services industry, the Government recently passed the Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016. The bill is designed to raise the standard of financial advice in Australia. The new reforms will require existing financial planners to meet stringent education and exam requirements and…
Read MoreFinancial Planning Acronyms
Have you ever met a FP who presented an SOA that suggested you should do a NCC to your SMSF, establish an LRBA, so you can avoid giving money to the ATO with the aim of generating a return above CPI? We certainly hope it didn’t come from our office because we like to…
Read MoreSpring Clean Your Finances!
It’s that time of the year! Spring is here and the weather is finally starting to get warmer and the sun is shining for longer (even if it doesn’t feel like it at times). The one part of spring many of us dread is being forced to crawl out from under our cosy blankets,…
Read MoreMuirfield Budget Update – May 2016
The 2016 Budget was handed down last night with a strong focus on Superannuation. The Government was quick to point out that 96% of individuals with superannuation will not be affected by these changes. For those who are planning for retirement, this budget may result in the need to review your strategy. To help your understanding we have summarised the changes we believe may impact…
Read MoreShare Market Performance in 2015
An impressive rally in the final weeks of December failed to get share investors back into the ‘black’ for 2015. The benchmark S&P/ASX 200 index finished the year down 2.1 percent at 5411.02. Despite the December rally, investors can only look wistfully at those heady days of April. Our best day was April 27th, when…
Read MoreInvestment Wisdom from the Experts
Investing for success is not an easy process. Although many claim to have the key, only a select few truly possess investment wisdom. Here at Muirfield we have a few simple investment philosophies which have proven to be very effective over the past 27 years. First and foremost is our KISS principle. We have…
Read More2015 financial year in review
Despite the challenges we have seen this past year, markets have actually delivered good returns. Recent issues in China and Greece combined with widespread media “noise” have resulted in increased market volatility, however this has not stopped a few asset classes outperforming their long term average, and you might be surprised which ones.
Read MoreMarket update: Review of 2014, outlook for 2015
Shane Oliver, AMP Chief Economist, reviews the year that’s been and provides an outlook for markets in 2015.