Australian retail customers typically still pay a hefty fee on FX transactions at the airport or through the banks. Fintech solutions are more competitive, and global banks are also offering multi-currency accounts.
When the NSW Government announced some apartments will no longer be required to have car spaces, real estate agents predicted rising prices for existing spots. They overlooked one nasty little cost for investors.
A reader sent in an excellent question on the merits of lifetime annuities versus long term indexed bonds for post-retirement income. Jeremy Cooper and Elizabeth Moran make the case for each.
With the ‘tapering’ finally announced last night, it’s as important as ever to understand what’s happening. So when Rick Cosier asked some of the questions many would like answered, Warren Bird obliged.
Paying a high performance fee must be a good problem to have, as it must mean the fund manager has delivered outstanding performance, right? It’s not always the case, and it pays to know how the fee is calculated.
Warren Bird argues it is fine to invest in bonds if rates are rising, if you restrict the term to less than five years and enjoy reinvesting at higher rates.
My extended family has well in excess of four people in it and we currently have four separate SMSF’s which quadruples the costs and time involved in managing the funds. Why is there a limit on the number of fund members?
Jeremy Cooper answers a question from one of our subscribers about the risk profile, regulatory standards and track record of lifetime annuities. If you have something to add, we invite you to join the debate.