The Financial Planning Association of Australia The Financial Planning Association of Australia

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Running your own business?

Use SuperStream to cut super admin by 70% Did you know that SuperStream is cutting the time small businesses spend on super administration by around 70%? With 2016 on the horizon, the Australian Taxation Office (ATO) is encouraging small businesses to cross SuperStream off their ‘to-do’ list ahead of the 30 June deadline and reduce […]

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3 ways to protect your family after you’ve gone

If you were to be run over by the proverbial bus tomorrow, would your grieving family be forced to suffer even more because of tricky financial issues? Estate planning can be as simple or as complex as your portfolio of investments and assets. But with a little thought and care, you can ensure that your […]

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The 6 big financial mistakes people make in their 30s

| by Claire Mackay, CFP®

In our 30s many of us finally have real world experience under our belts — we’ve tried some things, failed at some and succeeded at others. When we are asked for ID in bars it’s a pleasant surprise, we spend more money on fewer drinks, we upgrade from hostels to hotels and not all of […]

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More than $17 billion is up for grabs. Time to see if any of it is yours?

It might be difficult to imagine losing track of your hard-earned cash, but thousands of people do so every year. Money from a variety of sources, including bank accounts, shares, superannuation accounts and deceased estates that have lain dormant for a certain period is held by various government agencies, waiting to be claimed. Inactive bank […]

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An Australian financial planner ranks your debts from the most to least urgent

| by Claire Mackay, CFP®

Being debt free is a goal few manage to achieve. Or at least quickly. Claire Mackay, a financial planner at Quantum Financial in Sydney, says you should think of debt as you would cholesterol. Just as there is good cholesterol and bad cholesterol, there is good debt and bad debt. She says: It’s incredibly important […]

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The step by step guide, to achieving a comfortable retirement

| by James McFall, CFP®

1. QUANTIFY WHAT YOU VALUE MOST IN LIFE What you value most in life is a representation of who you are as a person. There is no right or wrong answer, it is an entirely personal blue print of what makes you who you are and in order to plan effectively for your retirement, you […]

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Top tips for planning for your kids’ education

| by Tim Mackay, CFP®

Every parent wants to do the very best for their children, and for many giving them the best education possible can be a high priority. However, if you don’t have enough money to support your lifestyle, pay off your mortgage and save for your retirement, it may be in your family’s best interests not to […]

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Planning for Retirement: 3 decisions you need to make

| by Wally David, CFP®

Retirement can be very daunting. For the first time in a long while, you face the prospect of no regular pay cheque. What next? 1. How much money do you need to live on? One common theory suggests that you should aim to have an income that is three-quarters of your pre-retirement salary. For example, […]

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Take charge of your finances this FP Week

This week is Financial Planning Week! If you have any burning questions about your finances, head to the Ask an FPA Expert forum and ask a qualified expert for free. Who doesn’t want to feel in charge of their finances?  Confident that their money is working for them, and is working for you as much […]

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Portfolio management in retirement

This week is Financial Planning Week! If you have any burning questions about your finances, head to the Ask an FPA Expert forum and ask a qualified expert for free. Managing money in retirement is different. Default super asset allocations can generally work well for most investors in the accumulation phase, but for older investors […]

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