Millions of Australians will soon have to make the choice between a robot or a human to help guide them through retirement.
Financial education is dry and overly complex,so why aren’t we investing in self-help financial education that’s engaging,accessible and genuinely useful?
Just 51 per cent of adult Australians have not sought out any information on preparing for retirement. It’s a number that makes me a bit mad.
Borrowing to invest is certainly a key wealth creation strategy,but it all comes down to your appetite for risk.
Getting financial advice without paying for it is a national pastime in the lead up to retirement. Here are the three most common things people want to know.
In a few weeks,everybody will have a fatter pay packet because the tax rates are changing. Smart money managers will put the extra to good use.
There’s a lot of mistrust of financial professionals,and it’s not totally unfounded,but there are ways to make sure you’re getting good advice.
Somehow,we’ve associated ‘clever’,needlessly complex behaviours with accruing wealth. But there’s a big problem with this narrative.
I’m not saying there’s anything wrong with financial advisers,but many people aren’t at a stage where a financial adviser would be the best way forward.
While it might feel like a lot to pay for advice from separate planners,it’s worth doing.
While shareholders cheered the overall result as being not as bad as expected,the group was challenged over lacklustre performance by its AMP Bank division.