Loading...

News Update

­
5 03, 2019

Raising Money Confident Kids

By |March 5th, 2019|Categories: Financial Advice, Financial Goals, Menico Tuck Parrish|Tags: , |

Set your kids up for financial success by teaching them about money and taking care of your own financial wellbeing. It can be challenging to help children understand the concepts of spending and saving when they watch you ‘tap’ and ‘swipe’ instead of handing over physical money. Recent research from the Financial Planning Association (FPA)1 [...]

5 03, 2019

12 Months and counting

By |March 5th, 2019|Categories: Financial Advice, Financial Goals, Menico Tuck Parrish, Retirement|Tags: |

So, you’re one year out from retirement – congratulations! Here are five steps you can take now to ensure you’re ready. The last year before retirement can be filled with excitement and expectation, and often a few nerves. While leaving the workforce for good may be a dream come true, it can also feel a [...]

13 12, 2018

Franking Credit Proposal

By |December 13th, 2018|Categories: Financial Advice, Media Update, Menico Tuck Parrish, Pension, Retirement, Savings, Superannuation, Taxation|Tags: , , , , |

The current tax system provides a tax credit for the Australian company tax paid on profits which are then passed through to investors along with the dividends.  If your tax rate is less than 30% (ie you are retired and do not pay tax) then this credit is refunded to you by the ATO. Labor [...]

13 12, 2018

2018 review and outlook for 2019

By |December 13th, 2018|Categories: Market Updates, Media Update, Menico Tuck Parrish|Tags: , , , |

Earlier this month, AMP Capital's Shane Oliver provided his review of 2018 and outlook for 2019. His key points were: 2018 saw reasonable global economic and profit growth and still low interest rates but it has been a rough year for investors with worries about the Fed, trade wars and global growth causing volatility and [...]

30 11, 2018

Hamish Douglass’s Presentation – Magellan National Adviser Roadshow 2018

By |November 30th, 2018|Categories: Financial Advice, Financial Services, Market Updates, Menico Tuck Parrish|Tags: , , |

In his annual address, Hamish Douglass discusses the key global threats that we need to watch out for, Magellan's performance over the past decade and stocks he believes are well positioned to benefit from global tailwinds. Click here to view the presentation video.

31 10, 2018

Hot topic 2 – The Australian housing market

By |October 31st, 2018|Categories: Menico Tuck Parrish|

In another recent article, AMP Capital’s Shane Oliver looks at what has been happening with Australian house prices. The key points are: Property prices in Sydney and Melbourne are likely to see top to bottom falls of around 20% as credit conditions tighten, supply rises and a negative feedback loop from falling prices risks developing. [...]

31 10, 2018

Hot topic – what’s happening with sharemarkets

By |October 31st, 2018|Categories: Market Updates|Tags: , , |

This article looks at what has been happening in sharemarkets this month. The key points are: The current pullback in shares has been triggered by a range of things – but most notably worries about rising US interest rates and the US/China conflict. Shares may still have more downside, but we are of the view [...]

14 09, 2018

Spring Clean: Celebrate wins and manage losses

By |September 14th, 2018|Categories: Financial Goals, Menico Tuck Parrish, Savings, Superannuation|Tags: , |

We have arrived at the perfect time of year to do a spot check and a spring clean of your finances. Here’s how! Some like to run a health check on their finances once a month. Others once a year. Many don’t have a regular pattern to ensure the progress of their financial plan against [...]

26 06, 2018

Announcement regarding Financial Wisdom Limited and Colonial First State (CFS)

By |June 26th, 2018|Categories: Menico Tuck Parrish|

To give personal financial advice in Australia, you must hold an Australian Financial Services Licence.  Our practice, Menico Tuck Parrish Financial Services Pty Ltd, is authorised to provide financial advice under a Licence held by Financial Wisdom Limited, which is a wholly owned subsidiary and part of the wealth businesses of the Commonwealth Bank. On [...]

3 05, 2018

Drive your wealth strategy this End of Financial Year

By |May 3rd, 2018|Categories: Menico Tuck Parrish|

Here are some simple but powerful tips to consider when building your retirement savings. Which ones will you add to your to-do list before the end of this financial year?   1. Make personal concessional super contributions What? Making personal pre-tax or ‘concessional’ contributions could be a great way to boost your super. However, concessional contributions [...]