When It Comes To Your Mortgage, The Landscape Is Very Competitive But You May Not Have The Best Deal?

It is absolutely astonishing that so many people have a mortgage and they have not recently tested their bank to make sure there isn’t a better deal available.

Even if you have no plans to make a switch with your mortgage, why not contact your bank, tell them you are thinking of switching to another bank, and let them know that you would like to give them the opportunity to provide you with a better deal and a lower interest rate.

If you have no idea how much difference a reduction in interest rate can make on your mortgage, check out the following link for a range or mortgage calculators from ASIC.  A lower interest rate, additional repayments and perhaps even the well disciplined use of an offset account has the potential to make a very big difference to your future wealth and financial security.

https://www.moneysmart.gov.au/tools-and-resources/calculators-and-apps/mortgage-calculators

Your current bank is unlikely to tap you on the shoulder to let you know they can offer you a better deal so you need to be proactive, take control and act in your best interests.  A phone call to your bank has the potential to be one of the smartest things you could ever do.

Disclaimer: The information in this post is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. No representation is given, warranty made or responsibility taken about the accuracy, timeliness or completeness of the information and it must not be acted on. Because of this, we recommend you consider, with the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances. Past performance is not a reliable indicator of future returns.

http://www.financialadviceshop.com.au

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Asgard® has recently introduced a new superannuation product that may be a game changer for many Asgard® investors.

It is a shame Asgard® will not actively tap existing investors on the shoulder to let them know there may be cheaper superannuation options now available.

If you are an Asgard® investor with a large superannuation investment balance, there has never been a better time to talk to an expert on whether your fees and commissions can be reduced. You may not even need to change your account number to reduce your fees and commissions!

www.financialadviceshop.com.au

Disclaimer: The information in this post is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. No representation is given, warranty made or responsibility taken about the accuracy, timeliness or completeness of the information and it must not be acted on. Because of this, we recommend you consider, with the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances. Past performance is not a reliable indicator of future returns.

#asgard #asgardfees #asgardcommissions

The Final Report From The Royal Commission Into Misconduct In The Banking, Superannuation And Financial Services Industry Has Finally Been Publicly Released!

The Government is indicating it will commit to take action on all of the 76 recommendation.

https://financialservices.royalcommission.gov.au/Pages/reports.aspx

At The Financial Advice Shop we have reviewed the recommendations and concluded it really is business as usual for us and our clients, as most of the industry sensitive and more controversial recommendations are already our standard policy.

When it comes to Financial Advice, The Financial Advice Shop is a leading force.

Would you be better off partnering with The Financial Advice Shop?

http://www.financialadviceshop.com.au

#royalcommission #royalcommissionrecommendations #financialadvicecanberra

Disclaimer: The information in this post is of a general nature only and has been provided without taking account of your objectives, financial situation or needs.  No representation is given, warranty made or responsibility taken about the accuracy, timeliness or completeness of the information. Because of this, we recommend you consider, with the assistance of a financial adviser, whether the information is appropriate in light of your particular needs and circumstances.

Merry Christmas From The Financial Advice Shop

With the Christmas break fast approaching, we would like to take the time to personally thank all of our loyal clients for their support and to wish them all a very Merry Christmas.

 

A_Merry Christmas From The Financial Advice Shop 2018

*Please note that The Financial Advice Shop will be closed from COB Thursday 20th December 2018 and will reopen on Tuesday 29th January 2019.  Only urgent issues or portfolio management matters will be attended to during this period.

http://www.financialadviceshop.com.au

The Financial Services Royal Commission Interim Report

The Financial Services Royal Commission Interim Report will likely trigger many financial services business to consider making massive changes to their business models and partnering arrangements in order to ensure they seen to be acting in the client’s best interests.

For others it will be business as usual…..

http://www.financialadviceshop.com.au

https://financialservices.royalcommission.gov.au/Pages/interim-report.aspx

#financialservicesroyalcommissioninterimreport # financialservicesroyalcommission

How Confident Are You That 2018 Will Be A Good Year For Your Superannuation?

Click on the link below to read a share market article from IPAC that attempts to look into the crystal ball for 2018.

Hot Tip: The investment world is not without significant risks at the moment so now might be a good time for you and your Financial Adviser to review and understand the risks you are taking with your superannuation.  In periods of share market volatility and uncertainty, nervousness can result in wealth passing from weak hands to strong hands so make sure you have a plan for a share market correction as it will come eventually.

If you feel you need a second opinion on your current superannuation arrangements, contact The Financial Advice Shop!

http://www.ampcapital.com.au/article-detail?alias=/site-assets/articles/insights-papers/2018/2018-01/equity-returns-keep-rolling

www.financialadviceshop.com.au

#financialadvice #retirementplanning #superannuation #financialadvicecanberra #retirementplanningcanberra #financialplanningcanberra #financialplannercanberra #superannuationadvicecanberra #financialadvisercanberra

Not All Industry Super Funds Are Super!

Don’t be fooled by sales and marketing into believing all industry super funds are created equally. They most certainly are not!

It is a very big job to analyse them all and we have not done that but we have looked at a number of them for the most expensive ones we could find in both super and pension.

We have decided not to name the most expensive industry super and industry pension accounts we found, but you can be assured they are very expensive by our standards.

For a “Balanced” fund with $50,000 invested, the most expensive industry fund account we found for either super or pension was $1,115 p.a. (2.23% p.a.) which seems very expensive to us!

HOT TIP: Don’t be fooled by industry fund sales and marketing. The need for honest and practical financial advice has never been greater, so contact The Financial Advice Shop without delay to see if we can assist with a cost effective Financial Advice Health Check to ensure you better understand all of your future superannuation contribution and investment options.

www.financialadviceshop.com.au

Disclaimer: information current at time of publication but is subject to change without notice so accuracy is not guaranteed.

#industrysuper #industrysuperfundfees