The rising cost of living is grabbing all the attention right now as people struggle to pay the increasing prices. But in the meantime, our collective wealth has been growing steadily and is being transferred to the next generation at increasing rates. In fact, the value of inheritances as well as gifts to family and...

An impersonation scam is when a scammer contacts someone by phone or SMS and impersonates a bank or other service company. They then convince the customer to authorise transactions, make a payment, or provide personal information. Scammers go to great lengths to look authentic. Before contacting someone, scammers do their research and have well-thought-out details...

Just like your car needs a periodic service to stay in tune, here’s why you should rebalance your portfolio from time to time. A portfolio’s asset allocation reflects an investor’s goals and temperament—the need for return as well as the ability to withstand market turbulence. Over time, market fluctuations can affect your asset allocation weightings...

Understanding the refund rules for RADs may remove some of the stress and worry with a move into residential care. Room prices in aged care are usually quoted as a lump sum. Often this is a big number, which can cause a lot of worry. But this is also one of the most misunderstood areas...

Do you find yourself drowning in random receipts when EOFY comes around? Learn to lodge your tax return the easy way with these last-minute and longer-term tax hacks. Tax paperwork is something few of us take in our stride. In fact, the majority of people hand over much of this responsibility to someone more qualified....

When it comes to investing, there’s no one size fits all strategy that can assure success but there are some different investment styles that could help investors achieve their goals. Growth investing, value investing, momentum investing and dollar-cost averaging – these are some of the common buzzwords used to describe different kinds of investment styles...

Many retirees may want to help younger family members by gifting part of their savings. But if things go wrong in the future, the joy may turn to grief. Gifting may help the children and grandchildren, but it may have significant impacts for an older person’s own future – especially if an aged care need...

The Australian share market rose just under 1.9 per cent in the March quarter – hardly an earth-shattering return, but a positive one nevertheless. Over the 63 trading sessions to 31 March the S&P/ASX 300 Index, which tracks the top 300 companies on the Australian Securities Exchange, closed higher 37 times and lower 26 times....

While there has not officially been any death duties in Australia for decades, they definitely still exist, albeit under another name – superannuation death benefit taxes. As superannuation assets and individual balances continue to grow, more and more Australian families will receive a rude shock after the death of a family member in the form...