Jason Featherby, Managing Director of Knight Financial Advisors, is an astute financial planner and business manager with over 10 years experience. He is an expert in designing investment strategies, retirement preparation plans, structuring superannuation, risk management, asset and life protection, and the development of estate planning strategies. Join him at the 6iX and 6PR desks where he discusses these topics and takes questions from the listeners. If you are unable to tune in, you can listen to recordings on our Whooshkaa channel.
- Financial News
- Personal Finance
Understanding Fixed Income
3:50 Other examples of fixed interest investments include bonds, mortgages, hybrid notes and term deposits.
4:05 How are they different to shares?
4:15 Understanding where they fit in your investment mix.
4:40 Do fixed income investments carry risks? If so, what are they?
(1) Credit risks.
(2) Inflation risks.
5:03 What are the benefits of fixed income investments?
(1) Receive a better income than what you would get from a bank in terms of a term deposit.
(2) Act as a volatility buffer, as you shouldn’t invest all of your money in shares and property.
6:19 Discussing GESB Gold State super.
7:51 Deciding whether to make smaller mortgage repayments in favour of larger GESB West State super contributions.
11:17 The disadvantages of purchasing a house through a company.
13:37 Salary sacrificing into super in order to make larger mortgage repayments.
18:11 What is the current political land scape looking like?
Self-Managed Super Fund Essentials
2:54 Is it hard to set up a SMSF? Will you require a lawyer and accountant?
3:48 The ATO’s concerns with mismanaged self-managed super funds.
3:56 How much should you have in super before you contemplate setting up a SMSF?
5:44 How do super funds treat dividends?
10:22 The process of making Total and Permanent Disability (TPD) claims.
15:05 Reaching ‘preservation age’ and withdrawing funds from your superannuation.
How to Get the Best out of Your Bank
2:40 The benefits of researching banks
3:39 The income from my super is currently tax free because I am over 60, if I take on a part-time job, will I continue to have a tax-free super income?
7:23 Fees on Super
9:57 I’m intending to retire at the age of 60. What will happen to my super if I re-enter the workforce later?
11:03 Is there a good time in the financial year to retire?
13:23 Do I need to close my reset loan to access my pension entitlements?
16:05 Tips to get the most from your bank
16:06 (1) Do your research first
16:32 (2) Don’t be afraid to ask and to act
16:56 (3) Know what your property is worth
18:03 Is it better to pay off your home loan or put extra money into your super?
19:54 Is there a calculator to determine how an industry fund compares to the super fund I am using now?
Risk in Superfunds
3:28 How to choose a good financial advisor and how often you should see them.
5:52 Is the Downsizer contribution a once off initiative?
7:49 Recognising how balanced a balanced fund is.
10:35 I’m looking at semi-retirement. Can I still do an early withdrawal from my super?
12:25 Accessing super whilst still working.
14:15 Using super to pay the mortgage on a rental property.
16:30 Should university students be making voluntary contributions to their super funds?
18:29 How to know how to compare balanced funds.
Retirement. Where To Begin?
3:10 Where should I investment my money?
5:10 Is my little bit of super enough?
6:45 Commonwealth Seniors Health Care card contributions and eligibility
11:00 Why you need to consider starting a pension
14:02 What should I do with cash within my super?
16:10 Financial Planner advice. What do I need to consider?
18:45 What happens if my spouse retires and I continue to work?
Practical Tips to Reduce Your Household Debt
2:02 Australia sits 4th in OECD countries in household debt.
2:45 Practical tips on reducing your household debt.
3:24 Claiming tax reductions on untaxed super contributions.
5:49 Discussing the black economy legislation.
9:00 Where to place sale proceeds in the short term before purchasing a new house.
12:48 Are quarterly superannuation payments detrimental to your super account?
15:09 Rolling over super funds.
17:49 Jason’s thoughts on the CommSec mobile app.
19:45 Superannuation advice following retirement.
21:13 There’s good debt and bad debt: the former enables you to build wealth in the longterm and whilst the bad diminishes in value.
21:30 Practical tips to help reduce your household debt.
21:38 (1) Change your behaviour by setting up a budget so that you can track your spending.
21:52 (2) Have a plan of attack for reducing debt, i.e., paying off smaller debts first.
22:03 Consolidate your bad debts into your mortgage.
22:17 Once you have everything under control, set up a regular savings plan.
Managing the Risk That We Might Outlive our Money
3:10 We need to get used to lower returns and observe the greater risk that we might live longer than our money does.
3:17 As an executor, where to find details of the deceased’s share portfolio in order to complete probate.
6:37 Withdrawing lump sums from super, battling high fees and other super queries.
12:20 Paying off your mortgage rather than making super payments.
15:45 If a husband and wife bought two properties in their individual names, would they need to pay land tax?
16:54 Situation: Once I turn 60, can I take super out without having to pay tax? If I leave it to my children , will they have to pay tax?
18:17 Withdrawing a term deposit from the bank that’s matured and investing elsewhere.
7:05 Long term investment options for money given to children.
11:11 Assessing when to take out Total & Permanent Disability (TPD) insurance for your spouse.
14:03 Paying superannuation for employees that have claimed worker’s compensation.
17:04 Deciding whether to purchase a new house with your superannuation whilst your existing house is on the market, in your retirement.
Understanding Your Super Statement
3:00 Paying tax when you salary sacrifice.
5:00 In the next few months, 10 million super statements are going to come out. Why should you care about them and what should you look for?
5:38 (1) For most of us, apart from our family home, super is going to be our largest asset. If we get it right early, take control and make sure it’s invested correctly, we will get to take advantage of the compounded effect of its returns.
5:54 (2) The aged pension isn’t enough to sustain a comfortable retirement on its own. If you’re retired for over 20 years, it’s important to get as much super as you can so that it lasts as long as you do.
6:10 (3) The government offers tax advantages and benefits to contribute into super while we’re working, as well as when you’re retired to draw an income from your super.
6:30 Advice on when you get your super statement.
6:45 (1) One statement is ideal, unless you have a reason for having more than one superannuation account. If you don’t, look to consolidate your accounts.
7:07 (2) Look to see how much you’re paying and what you’re paying for.
8:31 The difference between lending yourself money from your own superannuation fund and lending your superannuation fund money, on commercial terms, to buy a property.
13:26 Is tax payable on trans-pension super accounts?
15:20 Situation: my mother is selling her house. Once the house sells, my sister and I will have power of attorney over her finances before she moves into an aged-care home. Where should we place the money in the interim?
18:29 Discussing the ongoing cost of financial advice.
20:53 Recap: try and consolidate your accounts; look at your fees to see what you’re paying for; make sure that the contribution your employer lists on your payslip is actually what’s going into your account; make sure you know where your money is invested; check your insurances and know what your balance is; and, compare your fund to others to make sure that you’re getting the best returns.
Retiring with debt, what you need to know
7:25 To sell or keep that investment property you have a mortgage on as you move into your later years?
13:25 Insurance on super, the need to know
15:35 Putting disposable income into investment and savings, the need to know
19:00 Putting money into a mortgage or super when you’re self employed
The Retirement Phase
3:24 Are you able to purchase shares in your children’s name?
5:10 What are some of the common issues that retirees face?
6:50 If you’re retired and living comfortably, should you bother to get financial advice?
10:35 Consolidating superannuation.
13:30 Can you take money out of your super to pay off your house while you’re still working?
15:45 How much super should you have in your 40’s.
19:10 Who to talk to about your superannuation.
Taking Investment Risks
2:58 Danger in chasing returns at different times and impossibility of timing the market.
4:07 Advantages of having a diverse investment portfolio in the first instance.
4:20 (1) Able to tinker with existing assets dependent on market conditions.
5:40 Giving superannuation the attention it deserves.
5:59 Making decisions on changing your super.
9:10 Deciding between continuing to add to an interest-only loan and offset account or principal and interest loan to pay off an investment property.
10:45 Setting up super contributions to an existing account in a new job.
12:27 Investment options for when you want to retain full access to your money.
15:15 Advice for self-employees looking to take out loans but feeling limited by the options available to them.
18:26 Knowing when accounting fees in your SMSF are too high.
19:42 Consolidating Gold State Super with West State Super and assessing the risks.
Diversifying Your Investment Mix
2:50 The pitfalls of loading up your investment mix with property.
3:19 Discussing various loan options with no assets.
6:20 Qualifying for a pension when one spouse is of pension age and the other is not.
10:12 Scenario: Where to invest money that will be gifted to grandchildren between the ages of 2 and 15.
12:34 Where should property sit in your investment mix?
12:58 The downfalls of having property in your investment mix in retirement and the importance of having diverse, liquid assets.
13:48 Recent changes to closing inactive super accounts.
17:50 Claiming tax deductions and the eligibility for co-contributions.
20:00 Requirement by the bank to lodge probate after inheriting money through a deceased estate.
Tax Cut Changes
3:00 Advice for shopping around for low-fee superannuation funds.
6:02 Discussing the Premier’s pledge to bring 150,000 jobs to WA and the goal for population growth.
7:22 Intersection of increasing costs of living and the tax cuts.
11:15 Taking advice from the Barefoot Investor.
14:00 Nominating a next of kin as a beneficiary of your superannuation and explaining binding death benefit nominations.
16:17 How to receive the recent tax cuts.
Conservative or Active Investment Options
4:09 Advice on managing your superfund: is it better to have a conservative or active approach?
4:56 Impact of low-interest rates on those that have been conservative and have had their money in term deposits or cash-based investments.
5:39 Moving out of cash-based investments and building an income-oriented portfolio.
6:54 Changes to capping fees on low-balance super accounts, banning exit fees and closing small, inactive super accounts.
9:25 Advice on investing in a term deposit or superannuation.
12:45 Can I put my employee contributions into my older spouse’s super so that I can access them sooner?
15:02 Will the changes to dormant super accounts affect Commonwealth super funds?
16:25 Discrepancy on earning 2% on a term deposit and Centrelink reporting earnings of 3.25%.
18:08 Is income protection for stay-at-home mums worth it or a waste of money?
19:45 Changing your gross payments so that you receive more in super than in your bank account.
3:04 What can you do about it?
3:05 (1) Spend some of your capital in the interim period where interest rates are low.
3:17 (2) Try and budget to see where you can cut back.
3:26 (3) Re-enter the work force part-time as a pensioner.
3:46 (4) Downsize the family home to create more capital.
3:52 (5) Take more risks with your investments.
5:03 Re-investing super when you’re nearing retirement age and have been made redundant.
7:51 Can you claim sickness benefits through Centrelink if you’re employed but have run out of sick leave?
11:36 Changes to interest rates on pensioner’s savings accounts.
14:40 Re-entering the workforce after retiring.
16:14 Scenario: Am I better off keeping my money in an offset account against my mortgage or moving it to shares due to low interest rates?
Your EOFY Checklist
03:05 – Employer super contributions and tax deductions explained
04:20 – Failure to submit a tax return when retired
07:40 – Knowing your entitlements for tax deductions
08:15 – Small business owner tax deductions
11:40 – Super contributions whilst self employed and the benefits of doing so
13:50 – Family trust arrangements and distributing contributions to minors/children
15:25 – Should I pay my mortgage down, build up my super or invest in the kids?
18:50 – Investment advice
20:33 – Super contributions and the benefits of being under 25k
21:34 – Should I have multiple super funds?
Shop Now, Pay Later
3:00 How the repayments of Afterpay work?
03:50 The risks of Afterpay and other payment methods?
05:12 The impact on your credit rating and living costs from digital payment services
06:20 Paying over $25,000 concessional contribution into super and the tax implications
11:00 Tax eligibility on super contributions whilst self employed
12:14 Single and no dependants – beneficiaries after death
13:50 Who can help you set up a will?
14:10 Fines/penalties concerning tax returns
15:45 How often should you review your fund management?
17:55 How to prepare for a Financial meeting?
19:35 Income protection insurance for the self employed
What Do The RBA Cuts Mean?
03:40 The costs involved with moving your mortgage to another supplier.
04:50 Transferring money from one super account to another.
06:02 How can I get back on my feet financially?
09:24 Retiring with no superannuation what options do I have?
13:30 Assessing super fees.
15:11 Concessional caps with super and offsets explained.
17:25 Locked interest rates and paying it out early.
19:51 Insurance through super and upcoming changes. Who to consult?
21:38 How will the RBA cuts affect us and the economy?
How Much Super Should I Have?
2:57 Maternity leave and superannuation options explained
5:25 The impact of not putting money into super on a risk/return basis
7:25 Super fund changes concerning insurance
10:45 Investing in Super or investing directly with the bank
12:09 How to start a super account and what to look for?
12:50 life insurance reviewing and considerations
14:44 Splitting of super with relationship separations
17:07 Split contributions of super explained
18:01 Investment advice for young people
19:50 Eligibility of salary continuance insurance when self employed
Act Now, Or Risk Losing Your Insurance Cover Through Your Super
03:08 – Types of cover within super.
04:11 – Reasons to consolidate your Super accounts and what to look for.
05:26 – Banks flexibility with loans and the reason to shop around.
09:30 – How to put a value on an investment property after subdividing.
17:30 – Withdrawing Super and the tax consequences.
22:40 – What to do to keep your Super insurance cover.
The Upcoming Election and Potential Tax Changes
02:53 Who is affected by interest rate changes.
03:55 Issues with accessing pension as a Dual Citizen.
06:45 Franking credits and tax rates.
10:50 Options for passive income from property.
14:56 Important upcoming changes to life insurance through superfunds.
16:54 Property capital gains and tax.
18:30 The importance of communication and keeping banks accountable for your rates.
02:46 (1) Cost of living is rising for retirees.
03:28 (2) When we plan for retirement, we focus primarily on the monetary aspect of it. We don’t plan around our social lives, such as hobbies, volunteering and the like.
04:55 Alternatives to term deposits with a better return.
08:34 Getting around carried for losses with Centrelink when they label them as part of your income.
11:51 Capital gains tax and inherited shares.
14:51 Deciding whether to pay off your mortgage or contribute to super when you’re self-employed, but also have full-time employment as a PAYG.
17:47 Scenario: I’m 55 and for approximately $1,000 a year, my superannuation provider was offering me around $250,000 death cover. Is that a cost-effective offer or are there better options out there?
2:57 What should you consider before purchasing a holiday home?
4:04 Scoping a property manager for your holiday house.
4:49 The important distinction between labelling your holiday house a lifestyle choice, rather than an investment decision.
6:55 Refinancing an NRAS (National Rental Affordability Scheme) property.
11:34 Scenario: I have a line of credit linked to my personal account where I can pay a SMSF out. Is there any way I can create an agreement so that my line of credit is the bank?
13:28 Switching from an interest only loan to a principal and interest loan in order to pay off a tax-deductible property.
16:28 Investment advice for when you’re in your early 20s with a stable income and a decent amount of savings.
20:13 Is it possible to tax-deduct the repayments on a loan that was originally taken out on an investment property?
03:33 Growth options in super and the historic returns.
04:14 The importance of knowing your balance & interest rates.
04:44 What mortgage features to look out for.
05:25 What benefits are there to adding to your super?
06:08 What are the drawbacks of adding to super?
07:18 Viewing super as an investment vehicle, rather than an investment in itself.
09:52 The eligibility of accessing super.
12:55 Gold State Super and retirement decisions.
16:10 Accessing super for a new business venture.
2:40 What is negative gearing?
3:40 Why would limiting negative gearing work?
5:25 Should I be drawing 10% of super into a salary sacrifice for tax benefits?
7:45 The best ways to invest savings as a young adult.
11:33 What to do if you have income protection and insurance as part of a salary package and superannuation.
13:20 How to get access to a UK pension once you’ve returned back to Australia.
17:00 What to do if you are putting a large amount of money into your super and not getting a lot in return.
18:36 Self managed superfunds vs. industry superfunds.
19:37 How should I organise my self-managed superfund so that my wife will be able to access it once I’m gone.
Federal Budget Results
4:32 Who are the winners of the budget?
6:00 What will the government focus on?
6:51 Receiving conflicting advice regarding exercising the authority given by an enduring power of attorney.
10:40 How to rapidly bolster your super when you’re approaching retirement age.
12:13 Deciding whether to take out a binding death benefit nomination or a will.
14:00 Adding funds received from a disability pension to super.
18:00 Choosing income protection insurance.
How Much Super Do You Need to Retire?
0:48 A lot of people work longer than they should, trying to save more and more, or they take outlandish risks.
1:04 A rule of thumb is that you need two thirds of your pre-retirement salary as a retirement income.
2:11 For a comfortable retirement, couples need around $60,000 and singles require $43,000.
2:30 How long does a pension normally last?
2:51 How much super do you require to retire on?
3:44 Tips on how to maximise your super.
2019 Federal Budget
4:43 Scenario: I’m 56 and about to start a new job. Should I put the money towards my super or mortgage?
7:00 Why has the budget been brought forward from May to April?
7:20 Expectations of what to see in this year’s budget.
7:45 Who will benefit from the budget results?
8:30 Likely losers of the budget.
9:36 Benefits and pitfalls of transitioning to retirement pensions.
12:58 Investing money left to minors.
16:56 Putting money towards super or your mortgage when you’re self-employed and have little to no super in the first instance.
19:14 Switching from an interest only loan to a principal and interest loan to pay off an investment property.
How Much Money Do You Need for Retirement?
3:34 Getting the best results from savings sitting in a bank account
6:32 Switching your superannuation to a retirement income stream
10:30 The truth about how much money you really need to retire, it might not be as much as you think
12:20 How much tax will you pay if you contribute more than the maximum concessional contribution to super
14:30 The changes to franking credits
16:00 Bringing over a large sum of money from the UK – what is the best course of action?
18:45 Maximising your pension by taking a holiday
Tips to Maximise your Aged Pension Entitlement
6:50 Maximising your pension by contributing to your spouses superannuation
8:42 The difference between a binding and a non binding death benefit nomination
10:20 Do the banks really go through peoples transaction history?
12:45 The aged pension increase
13:34 Tips and tricks to maximise your aged pension entitlement
16:36 Approaching retirement with a number of assets
19:50 Leaving the public sector with a Gold State fund, what to do
0:58 The gap between what Australian families have in life insurance, and what we require.
1:10 Why do Australians underinsure ourselves and our families?
1:14 (1) Australians have a carefree attitude and it stops many of us confronting the possibility that we may suffer an insurable event.
1:40 (2) We’re not aware of the types of insurance available.
1:49 (3) 41% of Australians think that life insurance is too complicated.
1:54 (4) 1 in 4 Australians don’t know where to start when considering life insurance.
1:59 (5) 1 in 5 Australians think it’s too hard to select a product to suit their needs.
5:00 Scenario: my husband and I are both over 60 and have allowed our life insurance to lapse. Do we need it at this stage of our lives?
6:00 What happens to the life insurance that you took out with your spouse when you divorce?
10:46 Discussing income protection insurance.
14:12 Does your superannuation supply income protection and life insurance?
15:14 What’s the best longterm investment for my daughter who has money tucked away in a term deposit account?
2:03 Three reasons why this occurs.
2:07 (1) The average woman will take around 5 years off work to look after their children, resulting in 5 years where you’re not collecting super.
2:20 (2) When family members are ill, female partners tend to be the ones to take time off work to care for them.
2:32 (3) When women do go back to work, around half of them do so on a part time basis.
2:51 Suggestions on how to tackle these issues.
3:10 Tip: If you earn less than $40,000 a year, your partner can put up to $3,000 a year into your super and claim a $540 tax deduction.
3:43 Scenario: I am retired and have no super whatsoever. However, I have quite an extensive share portfolio that I own directly and pay tax on. Will I still receive my imputation credits?
7:16 Investing through Raiz accounts.
9:14 The importance of women discussing their superannuation with their spouses.
14:54 I am 55 years old and on a disability pension. What are my options to save?
18:47 Growing your super fund at retirement age when you can no longer make contributions.
Interest Only Loans
2:34 I can access my super in about 7 years, but I don’t want it to go through another GFC. What should I do with it?
4:39 I got liquidated about 2 weeks ago and I’m quite weary of financial advisors. I realise I need to start somewhere, but I’m not sure where that is. How would you suggest I find a financial advisor?
6:18 I’m looking for some advice on using my superfund to develop a block of land I already own.
8:53 I have an investment property that I have used as my primary residence since 2007. It has been an interest only loan since leasing it in 2007, I’m worried about what will happen in 24 months when it does expire/mature.
13:25 I have retired recently, but I probably won’t need to use my superfund for a couple of years, what should I do with it in the meantime?
16:17 Tips to follow if you have an interest only loan that will convert to a principle plus interest loan over the next two years.
19:00 My partner and I are in our mid 50s and are looking for solutions to our finances. At the same time, we are getting calls for finance companies inviting us to dinners and seminars. What are the ethical considerations around this?
The Royal Commission and its Impact on Superannuation
4:46 I can’t get my last two superfunds consolidated into one. How can I do this?
6:26 Discussion on superfund fees.
7:50 I don’t have a lot of super, my wife has a good amount of super. I want to see a financial advisor, but I’m not sure where to go to find financial advice.
11:43 I have a large amount of annual leave and long service leave and I want to cash it in, but I’m worried tax will be a problem.
13:02 My superannuation went into a wrap product and the only way I can access funds is to go through a financial advisor. How do I get control of my superannuation?
16:42 Do ASX-50 and ASX-200 funds pay dividends?
17:39 Advantages to leaving super funds after retirement.
18:53 Discussion on where to start with superannuation consolidation, including how to roll funds over, where to roll them over to and what to be weary of.
0:53 Three ways to roll over your funds if you want to consolidate your superannuation.
1:43 What to be aware of when you are consolidating your funds.
Banking Royal Commission
1:57 Current opportunities for financial planners to attract a commission.
4:54 If the Royal Commission has achieved anything, hopefully people will be more aware of where their money is.
6:24 I received my 6-month super report and had lost $11,500. Questions for super financial advisors to get more of an idea about my personal super.
7:26 (1) Know where your money is invested and how much is in shares and how much is safe in cash, term deposits and bonds and whether it’s appropriate for you in your stage of life.
7:38 (2) Know how your return compares to the average return other Australians are getting.
8:25 The average cost of running a superannuation account.
9:24 I like to go to my broker and get things checked, which has generally come at no cost, but now it will cost money. How do I manage checking interest rates and insurances in the future?
9:37 When my wife and I moved to a self-managed superfund 12 years ago, we were charged an exuberant exit fee. Was this legal?
15:58 Advice for people changing super-funds.
16:45 I went through a divorce in 2009 and was given papers to sign for my mortgage, one being an insurance policy that only lasted 5 years. The bank manager has since been sacked for wrong doings. Am I able to get that money back?
19:44 Tax income and super discussion.
5:38 Options for you if you are in a situation where you will be affected by imputation credits.
6:07 (1) Look at other ways of investing, such as those that pay distributions rather than dividends.
6:28 (2) If you are on the borderline of receiving an aged pension but you are a little bit over the assets test limit, you might think about spending money to get yourself under the top asset threshold.
7:45 If Labor are elected and if the changes are enacted through legislation, there will be ways to minimise your loss of income by diverting funds elsewhere and seeking advice.
8:05 If I’m self-employed, am I better off paying myself superannuation than paying down my mortgage as much as I can?
12:00 Scenario: I’m 60, self-employed and recently acquired a sum of money. Am I better off to invest it or pay it into my superannuation?
15:23 Putting income generated from an investment property into superannuation.
17:15 Are employees obliged to salary sacrifice or can they refuse to do so?
18:16 Discussing super co-contribution.
20:24 Can I keep my franking credits if I receive a part-pension?
Old Age Pension
0:55 The good news for pensioners is that they are intending to pay these lump sums before the election.
1:21 Discussing the pension rate for singles and couples.
1:44 What is the definition of a “modest” retirement for singles and couples?
2:10 What is classified as a “comfortable” retirement?
3:18 Tips on how to maximise the aged pension.
3:25 (1) If you’ve married a younger spouse, you can put some money into their superannuation fund while they’re under pension age and you’re over pension age.
3:56 (2) Making gifts of either $10,000 a year or $30,000 over five years. These gifts are assets that Centrelink won’t consider.
4:17 (3) Spend money on renovations before retirement. These renovations can increase the value of your home whilst making it retirement ready, and any money spent on your house won’t be assessed by Centrelink.
4:38 (4) Take out a funeral bond.
4:44 (5) Treat yourself and spend some money.
2018 in Review
05:40 As conditions are difficult for borrowing money, what other options are there for consumers?
08:24 How will the upcoming election influence consumer’s investment choices?
11:50 Who will benefit and who will be disadvantaged from interest rate cuts?
13:00 Gifting children a preens that “grows with them”.
13:50 The advantages of gifting your child an investment portfolio.
14:50 Franking credits and their impact on shares held in a self managed super fund and a trust.
16:42 Gifting investment bonds to children at a young age.
18:17 Setting a small amount aside each fortnight for your grandchildren’s future.
Self Managed Super Funds Explained
1:51 What are the motivations behind setting up a self managed super fund?
2:29 Three major risks of self managed super funds.
5:03 What are the alternatives to a self managed super fund?
6:23 Overspending during the Christmas season.
7:06 Advice on taking out a bank loan when you have multiple credit cards.
Managing Christmas Spending
03:54 Closing a private super fund with shares still remaining in it.
07:43 The benefits of budgeting when purchasing gifts.
11:57 Lodging a tax return when you’re on Centrelink.
12:50 Purchasing farmland through a superannuation fund.
15:33 Amalgamating four different superannuation funds into one account.
18:05 Creating a self managed super fund with multiple members.
20:28 How to consolidate separate investments into one portfolio.
Stock Market Collapse
1:38 What it means for you if your superannuation is invested in shares.
03:39 How old do I have to be to access my entire super?
04:50 Three tips for mum-and-dad investors when the share market goes down.
Should Superannuation Be Compulsory?
02:12 Why would people opt out of their superannuation?
04:14 Risks of opting out of your superannuation.
06:59 What are the best monetary options when travelling overseas?
11:38 Transitioning to a retirement pension when you haven’t reached retirement age.
15:20 How can I rollover funds from one superfund to another?
17:30 Rolling over funds from a private superfund to a GESB account.
20:05 Is it possible to claim your super before you reach retirement age if you’re on hard times?
Self Managed Super Fund Week Special
05:01 Are self managed super funds suitable for everyone?
06:03 Financial planning at every stage of your life.
09:13 Investment possibilities for recipients of a disability pension.
12:06 What’s best for the future: should I set up a self managed super fund or look at investing?
13:43 Is it possible to dip into my super to pay off my mortgage, and then repay my super?
15:46 What are the deductions on my superannuation statement?
17:23 Scenario: I had $25,000.00 in a fixed term deposit, however, I didn’t receive a great return on it. What other investment options do I have?
18:39 The risk of buying property “off the plan
01:27 Why should I buy an investment property?
02:00 Bailing out of your investment property.
03:17 Scenario: I have been running at a loss for several years on my investment property. What are my options?
04:40 Is it advisable to purchase an investment property in the current market?
Why now is a good time to ask your bank for money
05:24 Four things you need to consider when approaching a bank for services
10:56 Why don’t large banks like to lend small amounts of money?
13:56 Depositing large sums of money into super as a retiree, how safe is it?
17:32 What is the difference between insurance cover and death cover?
19:50 What is a good percentage rate to be paying for super and how do you find out how much you’re paying?
02:15 How to choose the right superannuation fund for you.
02:50 The importance of meeting with a financial advisor to review insurances and super premiums
04:16 I have a substantial amount of money in the bank and consider myself risk averse. Should I take the plunge and invest it?
05:41 I am in my late twenties. Should I prioritise paying into my superannuation fund or paying off my mortgage?
Helping your children enter the housing market, the dos and the don’ts
02:41 Evaluating your children’s financial situation.
04:00 Are the younger generation seeking financial advice and should they?
05:30 Is it a good idea to put you super into higher risk investments at a later stage in life?
08:20 Is the income drawn from your super a taxable income?
12:40 Receiving a UK pension.
16:05 Inheriting a sum of money, what should you do with it?
17:54 State Government Gold State Super, what does it mean for you when you retire?
Unpaid Super Entitlements
03:55 How to cross-reference your payslip against your super balance?
05:20 Where to get help if you think you may have unpaid super?
06:30 How to approach your employer to seek clarification on your super?
08:28 Scenario advice: pre-retirement planning and investment options if you had over $600,000 in your super.
15:30 Getting early access to your super and application due to financial hardship.
17:30 Investment options for those who’re approaching preservation age and how to start your transition to retirement.
22:00 Combing super policies and multiple insurances
Findings from the Banking Royal Commission Interim Report
4:23 What it means for us?
6:25 First colonial investment
10:07 Self-manage accounts (SMA)
13:22 ‘Bring forward’ rule for superannuation fund
15:15 Pension and conventional scheme
17:26 Deferred annuity
19:05 Banking credit
20:39 Outcome and what it means for us
4:22 Keep or sell investment property
7:49 Life insurance and superannuation
12:30 Superfund policy for part-time/casual work
15:51 Selling property and capital gain/status
18:06 Superfund and life insurance advisers
Talking Money with Kids
4:57 The bull vs. bear market and how they’re characterised
6:04 What is irrational exuberance
6:23 What could stop the bull run
8:29 Recommended split of growth and defensive assets in super
16:50 Market crashes vs market corrections
18:08 Having a financial advisor and not receiving any advice – what to do
20:30 Why it’s so important to read your super statement properly
21:10 When to start getting financial advice
23:30 Can you access super to clear a debt?
Bull vs. Bear Markets
2:56 Four types of parents who deal with money and kids differently
4:58 Teaching Kids about money
7:33 Investment debt and mortgage
11:01 Importance to see physical value of money
12:20 Starting a super fund for children
13:50 Investment property
17:05 Starting up super fund for apprentices and university students
19:43 Setting up trust or investment bond for kids
21:09 How to approach the discussion of money with your kids
The 5C’s of Lending
3:50 at what age should you consider an aggressive portfolio mix for your super?
5:20 the sleep test for how many growth assets you should have in your super portfolio
6:00 how much do you need to set up a self managed super fund
7:20 restrictions on investing in international properties with your super
13:08 are you better off to claim a tax deduction on your voluntarily super contributions or taking the tax benefit of not paying tax at all?
14:45 how and why do interest rates change throughout the duration of a loan?
17:50 when should you start making voluntary super contributions?
21:00 the 5 C’s of lending explained
22:50 how to get into the stock market
Super Productivity Explained
7:28 voluntarily putting money into super over the age of 75
10:20 the underperformance of super funds identified by the productivity commission
15:35 buying an index/ETF with money out of an SMSF
17:25 downsizing as an over 65-year-old
Changes to Super Insurance and the Implications on Young People
7:30 starting a family on only one income
10:02 should you diversify your investment portfolio if you’re 25 and in debt?
16:50 the cost of financial advice
19:20 super changes for people over 25 with less than $10,000 in their super
21:47 the importance of having income protection
Recent Budget Changes Explained
3:40 planning your super contributions year to year
3:50 income protection policies and annual leave
6:25 the minimum you’re allowed to have in super before your pension reduces
8:10 does your wife/husbands HECS debt impact you at tax time?
16:20 asset test limit for singles – the maximum
17:30 selling shares and offsetting capital gain by contributing to super
22:55 withdrawing money out of your super if you have a chronic illness
New Tax Thresholds Explained
7:10 what do the new tax thresholds mean?
8:30 what are undeclared capital gains
14:20 what commission financial advisors get on insurance?
17:45 as someone over 50 what investment should you be focusing on in your super fund?
20:10 military super and the rules
Top 5 financial regrets of Western Australians
6:08 1) not saving enough and or spending recklessly
7:04 regretting not investing in cheap shares and then seeing them increase
7:50 2) not studying enough or studying the wrong thing
8:30 3) poor financial planning
16:15 4) 19% of Australians wished they invested more earlier
17:00 5) investing in the wrong things
19:00 emotional decisions about spending money on pets
20:04 investing in gold, the do’s and don’ts
11 Signs you’re going to be wealthy
2:36 1) start saving for retirement as soon as your start work
3:45 2) always make loan repayments in full and on time
4:45 3) shop around and look for deals
8:00 4) prepare for the unexpected – always have an emergency fund
13:40 5) don’t spend what you earn
14:20 6) contributing more than the minimum super contribution
17:10 complications to buying a house and renting it out
21:10 Consolidating your super once your mortgage is paid off
22:30 7) having everything you need but not everything you want
23:00 8) progressing in your career and asking for pay rises
23:30 9) you don’t spend too much on housing – 30% of your income
23:50 10) your money in in diversified and aggressive investments
24:20 11) you don’t have credit card debt
Self Managed Superannuation Funds
5:00 Why do people set up a self managed super fund
7:15 Is now a good time to reevaluate property investment
14:40 The best way to grow your superannuation fund
17:00 Accounting costs involved in a self managed superannuation fund
20:30 Is it a good idea to switch your super provider close to retirement
22:50 Where to start if you don’t have a super fund
4:10 Financial literacy explained
5:00 Why a basic understanding of financial literacy is intertwined with your financial state
6:30 Is a bridging loan a suitable option when purchasing a house?
08:10 What could a financial planner do for you if you are financially stable?
11:30 Is it worthwhile going to an independent financial advisor rather than one at your bank?
13:25 Putting money aside for children – the best options
15:20 Tax implications when taking money out of a public trust fund
17:30 Businesses getting financial advice – the services available
19:15 Turning your super into an income stream – how to
4:20 What is a market correction
6:00 Readjusting your investment mix
13:30 If 50% of super investment is in shares what is the other 50% investment mix
15:50 Changing your beneficiary on your super nomination form
17:10 Keeping your super in high growth, is it safe
18:30 The rules of selling your home and contributing the profit to super
19:40 Where do you go to find out where your super is being invested
21:00 The different types of super investment funds
22:00 Finding your lost super funds and rolling them in to one
A Lesson in Bitcoin
2:10 What is Bitcoin?
3:20 What can you buy with Bitcoin?
5:10 What should you be doing financially at the age of 18?
12:50 Is Bitcoin dangerous?
16:00 Government co contribution to superannuation, what is it?
19:15 The best investments for your children’s savings
21:10 Will Bitcoin ever replace money?
Saving Tips for Christmas
6:31 When Superfunds increase fees
8:20 Christmas Spending Statistics
15:15 The Top 3 Christmas Tips
17:20 Bank Shares and Capital notes
18:35 Transition to Retirement Pensions
19:34 Workers Compensation and tax
21:35 Using superannuation vs. Loans
Preparing for Retirement
5:20 Are Australians prepared for retirement?
17:56 Can you invest superannuation in crypto currency?
19:46 Advice on making extra contributions to superannuation
22:10 Setting up a superannuation
24:03 Advice on Bitcoin Schemes
Top 10 Questions asked by clients
9. Do insurance companies pay out?
8. How many clients do you have and what type of clients are they?
7. How often can I expect to hear from you and meet with you?
6. What qualifications and experience do you have?
5. Are you independent or aligned with a bank?
4. How do I paylist tax?
3. What returns will I get if I invest with you?
2. What do you charge and how are you paid?
1. How much do I need to retire?
Reflecting on the 1987 Stock Market Crash
2:23 – What caused the crash?
4:22 – Telstra shares
6:48 – Binary options
12:57 – Self-serve check-outs vs. customer service
16:00 – Superannuation maximum and the pension
18:58 – More about self-service checkouts
The ‘Gambler’s Fallacy’
1:10 – Intro to the ‘Gamblers Fallacy’ Theory and Psychology Traps of Financial Investing
3:05 – Anchoring Trap
4:15 – Not owning up to investment mistakes
5:55 – Avoidance Trap
6:20 – Superiority Trap
15:00 – Pro’s and Con’s of Annuity
17:20 – Risks of Bitcoins and other Virtual Currencies
19:25 – Land tax and overlapping settlement dates
Planning For Longevity Risks
3:34 – Why you need to plan for longevity risk
5:43 – What factors contribute to longevity
7:48 – What to plan for
8:44 – What happens if something changes
What Makes A Good Financial Planner
1:35 – What makes a good financial advisor
19:17 – What is a non aligned financial planner?
20:10 – What are the kickbacks from large financial planner companies?
20:20 – What is a reasonable fee for a financial planner?
22:20 – Do you need to build a relationship with your financial planner?
2:48 – Advice on retirement planning
6:16 – Underestimating the importance of growth
7:19 – Managing retirement when you get paid weekly
8:34 – Mapping out your retirement income
14:50 – How much should you have in reserve
22:22 – Assessing your risk profile for retirement
The strength of Australian dollar
3:00 – Should Bitcoin be a legitimate crypto currency?
3:58 – Who are the winners and losers of the AUD?
6:30 – Who is not benefitting the rise of AUD?
14:57 – What’s the best way to buy foreign currency?
20:21 – Will the Reserve Bank of Australia increase interest rates?
8:07 – Who can receive your superannuation?
9:12 – Who gets your superannuation if you don’t have a will?
18:20 – How to get your affairs in order
20:23 – How do you write your superfunds into one
2:40 – Why Australians have high debt?
5:13 – How debt can go wrong?
6:05 – Tips on how to manage your debt
7:12 – How to consolidate your debt
8:27 – Changing your behavior when managing debt
16:40 – How to handle your funds when you’re retiring
17:09 – Why you need to create a monthly budget list
3:00 – How does compound interest work?
4:20 – Is it worth investing in something like bitcoin?
6:00 – Examples of the power of compounding
13:00 – How to set up an account for compound interest?
14:30 – How to open a savings account that is difficult to access
16:30 – What to do now with new contribution limits to constitutionally assured superannuations funds
21:00 – Potential changes for the future of superannuation
3:40 – What does traditional retirement look like?
5:15 – Why and how is this model changing in the future?
6:25 – What are our future work habits going to be?
15:30 – Can you purchase property with Superannuation funds?
18:00 – Government introducing property downsizing tax breaks for retirees.
21:00 – What is your age requirements for the pension age, and how to find out.
3:00 – Typical situation a retiree is in
4:30 – How much are you going to need when you retire?
7:00 – Is it possible to freeze superannuation fees if you stop contributing for any reason
12:00 – Is it a good idea to set up a reverse mortgage if not currently working, but not retired yet
13:30 – Transitioning a superannuation fund into a pension fund
16:00 – Removing money from Superannuation when your account has been closed
18:20 – Where fees on superannuation fund withdrawals come from
2:30 – Defining a pre retiree, mortgage reduced or payed off, kids out of home, thinking about wealth management and retirement
3:20 – The main troubles are on reducing tax, and having enough to retire – making sure enough is put away, and in the right place.
6:30 – Where to invest tax effectively with reduced cap on superannuation
9:30 – What is the next step after heavily set up super fund to last the next 20 years
14:00 – Transition to retirement pensions
16:30 – Making sure your insurances are in place
Accumulators & Shares Investing
2:30 – How to extract dividends from shares once they have been set up to reinvest
4:20 – How to sell shares individually or through brokers
5:30 – Advice for accumulators, 20-30’s with two income and no kids – the best way to spend their money to protect lifestyle.
11:30 – Investing in index funds (Vanguard) for retirement
14:00 – Advice on capital gains tax on selling shares that have been held for a long time
16:00 – Whether to invest or pay down mortgage for 20/30 year olds
18:30 – Deciding whether to sell or keep a poorly performing share
Income Protection & Insurance
00.30 – According to a recent survey in Australia – 95% of Australians are under insured
02.30 – The average Australian insurance cover is $200,000, statistically we should have about $700,000 of cover
07.30 – Basic advice for claiming on your super for financial hardship
17.00 – Some of the reasons people don’t get paid out for insurance
22.00 – How to reduce your insurance as you get older to save your superannuation fund
23.00 – Taking out life insurance cover as a New Zealand citizen
25.00 – Will high cholesterol effect your ability to increase your life insurance?
04:00 – Consolidating superannuation funds.
14:00 – Understanding the rate of returns on a superannuation statement
15:00 – Do you pay tax when you have started a pension and are over the age of 60?
20:00 – Nominating a beneficiary to a superannuation fund.
22:00 – Superannuation fees while unemployed.
The rule of thumb is 2/3 of your pre retirement income.
06:00 – Helpful tips to ease into retirement.
Going cold turkey could result in losing a sense of identity and purpose.
06:30 – Difference between a modest and comfortable retirement
19:30 – What to include in a will. It could be beneficial for your family to be less specific in the details.
Superannuation and Life Insurance
08:00 – If you’re still with an old super fund you could be paying outdated fees. Shopping around for a new super fund could result in a more comfortable retirement.
12:00 – Winter energy supplement is a small win for pensioners.
14:00 – You could be paying for two seperate life insurance policies and have no idea.
21:00 – The difference between an active and passive management approach to investing.