The big theme this month is the Superannuation changes. The Government in its wisdom is tinkering around the edges yet again. The whole purpose of the Superannuation scheme introduced by Paul Keating, the then treasurer in the nineties, was to provide each of us with enough money for our retirement in 30 years time and eventually taking the strain off the Government pension. The now massive super fund Industry has become a feeding ground for fund managers and the Government to use to balance the Budget. This month we summarise the changes and how it affects us all.
Brian Thomas from Perennial looks at Australian Shares and how their fluctuation and volatility are driving the market.
Michael Collins discusses China's debt fuelled economy and some of the long term implications.
Finally, we see how the herd mentality is alive and well when we invest and how social proof is so important when the herd make decisions.
I am only a phone call or email away if you would like to set-up a meeting with me to review your personal Financial Plan and to ensure that you are on track with ensuring that your family is adequately protected in terms of Risk Insurance, your Mortgage Facility remains competitive and you have an updated Family Will.
Taurus Financial Services Pty Ltd is an Authorised Representative of Synchron AFS Licence #243313 and provides Financial Planning Services in respect of Shares, Managed Investments, Superannuation and Personal Risk Insurance. Synchron is only responsible for the services provided by your Adviser through Taurus Financial Services Pty Ltd. You may also receive services from Taurus Mortgage Services Pty Ltd for Mortgage Origination and Debt Re-Financing, and from Taurus Professional Services Pty Ltd in respect of Banking facilities, Taxation, Estate Planning and Migration Services. Taurus Accounting Services Pty Ltd in respect of Accounting and Taxation Services. Taurus Business Partners in respect of Accounting and Taxation Services. Taurus Migration Consultants Pty Ltd in respect of Migration Services and Hatch & Associates Pty Ltd in respect of Legal Services including Estate Planning and Conveyancing. Synchron is not responsible for advice provided by your Adviser through Taurus Mortgage Services Pty Ltd, Taurus Professional Services Pty Ltd, Taurus Accounting Services Pty Ltd, Taurus Business Partners, Taurus Migration Consultants Pty Ltd, Hatch & Associates Pty Ltd or any other company.