Tag: retirement planning resources
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Financial Adviser Misconduct Exposes Retirement Savings Peril
Peter, a veteran in the mining industry, had hoped to retire comfortably after over two decades of hard work. However, his dreams were shattered when his financial adviser convinced him to invest a significant portion of his superannuation savings in the now-collapsed First Guardian investment fund. Allegations of misconduct and misleading practices surrounding the fund…
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Financial Adviser Reprimanded for Neglecting Client’s Past Advice
A financial adviser recently faced a reprimand from the Financial Services and Credit Panel (FSCP) concerning superannuation advice, as reported by Money Management. The FSCP, appointed by ASIC, reviewed the adviser’s conduct in light of various financial services laws under the Corporations Act 2001. OSYLICT Budget Planner,Monthly Finance Organizer with Expense Tracker Notebook to Manage…
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Downsizer Contributions Boost Retirement Savings, Women Lead Participation Trend
Downsizer contributions into superannuation have shown consistency with around 16,000 individuals contributing over $4 billion collectively in the 2024/25 financial year. Although the total contributions slightly decreased from the previous year, the scheme has attracted a steady number of participants. Retirement Savings Guide for Every Age: Maximize Your Financial Freedom with Smart Retirement Savings Strategies…