INDUSTRY INSIGHTS

Doctors often face unique financial challenges. Your income may be high, but so are taxes. Depending on your speciality, you may also worry about legal risks. On top of that, you’ll want to grow wealth for retirement and your family, while protecting it along the way.

This article aims to clarify how Superannuation funds utilize Index/ETF funds for cost-effective super investments. While super costs are decreasing significantly, it's important to question where the value lies for you as an investor.

The same as it did earlier this year….and last year, the road ahead of us seems uncertain and maybe even a little bleak but we know it wont last forever. As the Fed raises rates only 0.25% and the market reacts strongly, I think its time to talk about fundamentals.

In honour of R U OK day we thought we might share some insight with you for Friday afternoon. The last few years has placed great strain on everyone and this has been especially pronounced in the healthcare system and the Doctors that work within it. Lets walk through how underwriters assess mental health when Doctors apply for Income Protection or other Life Insurance products.

The start of 2022 looks set to see insurance premiums keep rising as it has in previous years. Measures that began in March 2020 to stem losses on Income Protection books have started to take effect but premiums are still increasing. So what can you do to reduce these?

The lead up to 30th September became a little manic. A key issue was us not really knowing what would happen in October. So are the new type of contracts really that different?

Insurance affordability has been a key concern in the last year or so. For many clients we planned ahead for this years ago by selecting Level premium structures but were the assumptions we based this strategy on flawed?

In a recent release it was confirmed Westpac has sold it’s life insurance Business Westpac/BT Life to TAL Dai-Ichi Life, which will now be the largest insurer on the Australian market by a wide margin.

There is a lot of misunderstanding about fee structures when it comes to Financial Advice and there are many reasons why this is the case.

Last week AIA Australia launched the first of the new breed of Income Protection products that is designed to meet APRAs guidelines, mandatory from October this year. Here is a brief summary.
TLDR?: Income protection policies wont get any better.

Insurance premiums are on the rise, and some. Premiums have always increased but this year has been far outside the norm.

Should you contribute to super and save tax or do you hold on to savings?

What is the plan after March 31st?

On January 1st 2020 there were 2 major changes to Financial Planning (broking) and Personal Insurance in Australia

Updated for 2019. Easy checklist for EOFY 2019

The days of cheap and easy insurance cover are coming to a close. Its now up to you to protect yourself, nobody else is going to do it for you.