April 2018

2018 has seen sharemarket volatility return. Be alert - not alarmed – as the prospect for global sharemarkets remains positive.

It’s generally good news for global sharemarkets with synchronous global growth continuing, interest rates remaining at relatively low levels and employment growth continuing.
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Why most adults should consider appointing an 'enduring attorney' to safeguard their finances

An enduring power of attorney is a formal instrument by which one person empowers another person to act on their behalf for certain legal and financial purposes (e.g. dealing with bank accounts, transferring money, paying bills, dealing with investments, or buying and selling real estate) when they are unable to manage their own affairs.
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Australians at higher risk this year of being penalised for exceeding superannuation contribution limits

This year’s lower maximum limits could be a trap for unwary workers who continue to contribute to superannuation as they have in previous years.  Penalties for exceeding contribution caps can be as high as 47% plus an interest charge.
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Warning for SMSF trustees:  New super pension cap of $1.6m now in place

The maximum amount of superannuation that can be used to fund a tax-free pension in retirement is now restricted to a ‘balance cap’ of $1.6 million per member.
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How much life insurance do you need?

This ready reckoner will help you calculate how much life insurance you and your spouse need.
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Debunking the myths around tax-paid ‘investment bonds’

Investment bonds have been available for decades, but they have evolved over that time to suit the needs of modern investors.  The problem is many people still remember the old-style investment bonds and think they haven’t changed.
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Is your home loan rate as low as this?

Check out the interest rate on this owner occupied variable home loan (now available for our clients). 
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Disclaimer: This article is not legal or personal financial advice and should not be relied on as such. Any advice in this document is general advice only and does not take into account the objectives, financial situation or needs of any particular person. You should obtain financial advice relevant to your circumstances before making investment decisions. Where a particular financial product is mentioned you should consider the Product Disclosure Statement before making any decisions in relation to the product. Whilst every reasonable care has been taken in distributing this article, Australian Unity Personal Financial Services Ltd does not guarantee the accuracy or completeness of the information contained within it. Any views expressed are those of the author(s) and do not represent the views of Australian Unity Personal Financial Services Ltd. Australian Unity Personal Financial Services Ltd does not guarantee any particular outcome or future performance. Taxation Information in this document should not be relied upon without seeking specialist advice from a tax professional. Australian Unity Personal Financial Services Ltd ABN 26 098 725 145, AFSL & Australian Credit Licence No. 234459, 114 Albert Road, South Melbourne, VIC 3205. This document produced in June 2018. © Copyright 2018