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Should you use a travel card when overseas?

As clients prepare to escape the winter blues with an overseas trip, we hear a lot of questions about travel currency cards. There is a lot of debate as to whether or not travel cards are useful or if they’re a rip-off, and unfortunately, it’s not a simple question to answer.  It boils down to…

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Updating Centrelink and Supporting Documentation

From time to time, as a result of changes to your situation, you will be required to update your assets with Centrelink.  When these changes occur, Centrelink often requires substantiation of these changes.  Should you advise Centrelink of a change to your bank account, Centrelink will require a copy of your bank statement to substantiate…

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State of the Market

There has been a lot of doom and gloom in the media lately about the recent fall in the sharemarket. Headlines such as “ASX loses $56 billion as investors join global stock rout” (The Age – 6 February) and “Aussie Sharemarket Bloodbath” (Herald Sun – 6 February) would have made any investor nervous. However, we…

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Limit the Impact of inheritance on your Centrelink Age Pension

As financial planners, we assist clients through many stages of life.  Unfortunately, one of these stages is helping clients determine how best to invest an inheritance following the passing of a loved one.  A discussion often had is how the inheritance may impact their existing Age Pension entitlement.   Receiving an inheritance may or may…

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Nominating beneficiaries for your Super

We often receive questions about superannuation benefits and how they would be paid out to loved ones in the event of death.  Questions often arise because of the common misconception superannuation forms part of your estate. Superannuation is not an estate asset and will not automatically get distributed according to your Will.  Super has its…

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How to Update Centrelink with your Income & Assets

If you receive a payment from Centrelink, it is very important to keep Centrelink aware of your Income & Assets and update them within 14 days of any changes to your circumstances. Doing so ensures you get everything you’re entitled to.   We know that keeping Centrelink up to date can be rather confusing.  Accordingly, we…

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The award winning fund in your account!

Our clients with MLC accounts will be pleased to learn that one of the underlying funds in their portfolios has won an award! The MLC Inflation Plus fund, which is a staple in the MLC portfolios we maintain for many of our clients, was voted the best fund in the “Multi-Asset Real Return category” at…

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Spring Newsletter

It has been a BIG few months for the Muirfield team! A lot has happened and there are plenty of developments and news to share with you. We can’t wait for you to learn more about it all. Click here to read our Spring eNews

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Investment Update: Sept 2017

The Muirfield Financial Services Investment Committee recently completed its half-yearly update. As such, we thought it would be a good time to reiterate some of the investment philosophies that we use when making investment decisions on client portfolios. We believe this is particularly relevant given the recent volatility in markets as a result of North…

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