One of the biggest questions in retirement planning, especially in a market like that in Perth, is whether to downsize or stay in your family home. Remember that we can’t give any individual advice here because everyone’s situation is different. So, don’t constitute any of what we are saying as “advice.” That being said, here…
At Approved Financial Planners, we offer financial planning and other services to residents in the Perth area and across WA. We now have the benefit of having AMP Australia as a parent company. We chose to partner with AMP because they embody the same commitment to professional, ethical service that we do. We are on…
Self Managed Superannuation Funds (SMSFs) are being used to invest in property by many in the Perth area. However, a financial planner in Sydney is of the opinion that those planning to invest their SMSFs in property should be very careful and make sure they know whether or not their advice is impartial. * Sydney…
The outlook for self managed superannuation fund (SMSF) advisors in our Perth office and their clients could soon be even better than it already is. Our parent company, AMP, recently announced that they are considering further expansion of their SMSF network. They are exploring the possibility of acquiring more offerings if they can consolidate current…
Financial planners and advisers in Perth and across Australia were quite interested in a recent statement from Senator Mathias Cormann, Minister for Finance and Acting Minister for Financial Services. According to Senator Cormann, the Australian Securities and Investment Commission (ASIC) is legally empowered to decide when and how to raise the minimum educational standards for…
If the Financial Planning Association of Australia (FPA) has anything to say about it, the educational standards for financial planners and advisers, in Perth and across Australia, are about to receive a boost. As far as we are concerned, it can’t happen fast enough. Approved Financial Planners and AMP We would like to give a…
One of the advantages to hiring a financial advisor is that they can take a complete look at your finances and find out if you are “leaking” anywhere. If you are in a city like Perth, with a high cost of living, your margin for financial error is smaller and you may benefit greatly from…
Competent, professional financial planning has just become more important for our Perth clients and across Australia. The recent decision by the Government to freeze employers’ contributions to superannuation funds until 2021 is going to cost the average worker a lot of money. Most of all, though, it is going to reduce the “margin for error”…
If you are new to financial planning, don’t feel bad; you have company. There are plenty of people in WA who haven’t taken control of their finances yet. Luckily, Approved Financial Planners can get you started on the right path. Recently, the Financial Planners Association of Australia published a blog post discussing how to develop…
In Perth, it seems like clients asking about financial planning are getting younger and younger. Many Australians in their twenties and thirties are already solidly on the way to retiring at the ages they choose to retire. We can’t give any specific financial advice without an individual consultation, but here are three strategies that can…