Fees. Charges. Costs. How much should someone charge for a service? Whatever the terminology used, the psychology around charging for a service is fascinating. Some service providers can charge without question. High costs from engaging certain service providers have become customary. A small service can take a large financial bite. A fact of life and […]
For the past few years there has been a battle raging. Certain superannuation funds have not been backward about coming forward about their performance. Their ‘balanced’ options are the headline generators. Take out top spot and it’s plenty of media attention. The fund’s chief investment officer can pose for flattering photos. Even better, they’ll be […]
Alpha. In an investment sense it means how much better your returns were against a specific benchmark. If you were holding an ASX small cap fund and it returned 12% while the ASX small cap index returned 10%, your alpha is 2%. This can also work in reverse. Your fund returns 8% while the index […]
On 1 July 2019, the government’s Protecting Your Super package introduces new laws designed to protect members from paying unnecessary fees and insurance premiums. If you have multiple superannuation accounts or superannuation accounts which are deemed to be inactive, you may have received a super insurance election form from your fund recently. Inactive super accounts […]
“Why do you include so many bad news stories?” It’s a question we’ve been asked, not regularly, but maybe it needs addressing. First off here’s a good news story. This is the growth of $10,000 over the past 25 years in five different asset classes. If you’ve been invested inside and outside of superannuation, you’ve […]