What you can do to help protect your family’s living standard If you have a financially dependent family, you should make sure you have enough insurance to maintain their living standard in the unforeseen event of your death or disability. How does this work? In the event of your death or if you become disabled and can’t work again, the emotional strain on your family can be quickly compounded by… Read more
Market & Economic Update Brought to you by MVP Wealth Director – Janean Hicks Markets and economics are somewhat at crossroads at present. I say this from the perspective that right now I can make an equally compelling case from both a positive and negative perspective. Markets are travelling along reasonably well following some jitters earlier in the year. The environment remains supportive for equities, however, less so… Read more
Managed Discretionary Accounts Might Be Right For Your Portfolio Article written by Janean Hicks, Director of MVP Wealth In a time of market volatility, the ability to transact on a client’s portfolio has never been more critical; a delay by even a few days could cost a client thousands of dollars. What Are Managed Discretionary Accounts (MDAs)? Essentially Managed Discretionary Accounts are a service where a portfolio of investments… Read more
How emotionally prepared are you to exit your business? Article written by Janean Hicks, Director of MVP Wealth Succession Planning: How emotionally prepared are you to exit your business? It behoves a smart business owner who is planning the end of his/her relationship with a business started long ago, to think not only about the sale and how to best go about it, but also about his/her personal and family… Read more
Royal Commission – What impact will it have on your business? Article by Janean Hicks – Director of MVP Wealth As you have probably heard, a banking Royal Commission is being held to investigate the financial advice industry after the big four banks and AMP were accused of malpractice. The aim of the Royal Commission is to find out just how widespread the issue is and to raise standards… Read more
5 Money Mindsets That Hold You Back From A Secure Financial Future What’s holding you back from taking control of your financial future? Discover the five mind tricks that can stop you from achieving financial success and what you can do to avoid them. Fear of Failure Earning and saving money from your salary is all very well. But setting up an alternative income stream from an investment portfolio can… Read more
CGT Relief Deadline Is Fast Approaching – Are You Prepared? Here’s what you need to know about the Government’s CGT relief for Self-Managed Super Funds (“SMSFs”). What is CGT relief? Under the new super reforms, you may be eligible for relief from certain capital gains that may arise as a result of complying with the Transfer Balance Cap ($1.6m) and the Transition to Retirement Income Stream reforms that began… Read more