advice

The first home falls further out of reach, and superannuation funds cop heat for providing worthless advice. Here are five things you might have missed this week. Property further out of reach of first-time buyers It now sounds like a broken record ... More

The financial world is becoming more complex to handle on your own, so building a team of experts can help you break free from money worries and get ahead financially. The catch is that most - though not all - finance professionals expect to be paid. ... More

Dear Paul, I'm retired, aged 66, and a self-funded retiree. I live with my partner, who owns the home we live in. We are financially independent of each other. I bought a residential investment property 10 years ago and have 20 years left to repay the ... More

Dear Paul, Years ago I had money I thought was invested by a financial adviser with a big-four bank in a portfolio that I had discussed with him at the time. He did not comply with what we both had discussed and instead put 40% in American shares. This ... More

Dear Paul, My son and his girlfriend lost $34,000 as a result of the STA Travel collapse, with no hope of getting any of it back. I would really like to dip into my super for $10,000 (I am 52 and fortunately have still kept my job through COVID-19) ... More

Consumers engaging directly with their super fund on insurance matters are often left confused and overwhelmed by the information provided and upset they cannot get guidance specific to their circumstances, an ASIC report shows. A third of unadvised ... More

Hi Paul, We have recently purchased a vacant block of land and are going to build a new home to live in. The total value of the land and house is about $900,000 and it should be completed in June 2021. We paid off our current townhouse, valued at $630,000 ... More

Former financial adviser Sam Henderson was sentenced in the New South Wales local court yesterday after previously pleading guilty to charges relating to dishonest conduct and defective disclosure to clients. Henderson was fined a total of $10,000 for ... More

The financial advice industry had the professional equivalent of an enema at the banking royal commission. And research shows that Australians in need of advice will most likely be better off for it. While financial adviser numbers have fallen, professional ... More

Seven-time Supercars champion Jamie Whincup is preparing for his 19th Bathurst 1000, which will be held a week later than usual this year due to COVID-19. Like everyone in the Supercars paddock, the Red Bull Holden Racing Team star's year has been ... More