Share 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 MoreCentrelink Changes – January 2016
From January 2016, Centrelink will be changing the way in which they assess Defined Benefit pensions. Melinda breaks down how this might impact Age Pension recipients
Read MoreHow much do I need in retirement?
As financial advisers one of the common questions we are asked by retirees is: how much do I need to live comfortably in retirement?
The answer is difficult to quantify for most, because it depends on so many variables: How long you live, how much you spend, how much your money grows during retirement. The only quantifiable factor in this complex equation is how much it costs you to live. The Association of Superannuation Funds of Australia (ASFA) have released a ‘retirement standard to assist with helping you to quantify your retirement needs.
Read MoreDisability Support Pension Vs Age Pension
Upon turning Age Pension age, clients who have been in receipt of the Disability Support Pension (DSP) will be asked whether they would like to stay on DSP or transfer to the regular Age Pension. So what is the difference? Should you retain the DSP or move to Age Pension? We’ve broken down the differences and similarities between them to give you a hand deciding what’s best for you.
Read MoreEstate Planning – Reversionary Pension and Binding Death Nomination
In this weeks Q&A, we answer Deb’s estate planning question about a reversionary pensions and binding death nomination.
Read MoreRetirement Planning – Transition to Retirement
In an attempt to answer some of the more frequently asked questions we’ve have created a series of Q&A style posts. This weeks post is salary sacrifice and transition to retirement.
Read MoreSpring eNews 2015
In this edition of the Muirfield eNews, Hayden shares 7 of his retirement insights, we touch on changes that have occurred to Powers of Attorney legislation in Victoria and we offer a commentary about financial markets in China, Greece and the US. There is also a staff profile on Warren Ritchie, our newest team member at Muirfield.
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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 MoreNew Powers of Attorney legislation in Victoria
From September 1 new legislation surrounding the composition of Powers of Attorney will come into use in Victoria. Although the changes are minor, it’s important to know where you stand.
Read MoreHow to make the most of retirement
Retirement symbolises the transition from accumulating to enjoying. It is a time when many have reached their earnings peak, remain in good health, and are free to do whatever they please. However, countless retirees enter retirement somewhat concerned about what the future might hold and we find many are out of their comfort zone. Plain…
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