Why have personal insurance? Through your working life, you may have taken out some personal insurance – cover to help give you or any dependants financial security if you were unable to work due to sickness or injury, or if you should become terminally ill or pass away. Common types of personal insurance are: Income…
Who are empty nesters? Empty nesters are a varied group. Many are living with partners, but quite a few live alone. Some own their homes outright, while others are still paying off their mortgage, or renting their home. And while a few are only years away from retirement, many still have a decade or two…
In the last decade, household debt has decelerated quite significantly — down from an average rate of 10% each year in the early 2000s to just 2% at the end of 2013.[1] As a nation, it seems we’ve become far more conscious about our spending and borrowing habits since the Global Financial Crisis. Cutting back…
In this video, Brian Parker, Head of Portfolio Specialists Group at MLC reviews events in markets during August. He discusses: how global share markets have continued to deliver decent returns, despite the uncertain geopolitical environment why the actions of central banks continue to be a key factor driving markets whether improvements in Australia’s non-mining economy…
Highlights Heightened geopolitical tensions in Ukraine and the Middle East continue to dominate global equit markets. Economic growth in the US remains string, with Q2 GDP revised upwards from 4.0% to 4.2%. European data remains weak, particularly impacted by the Ukraine crisis. A slowdown in Chinese economic growth in Q2 as a result of a…
With quantitative easing set to end next month, the Fed is on track to start raising interest rates next year, most likely in the June quarter. The anticipation and then reality of this could cause some volatility in shares. · However, once it gets underway Fed tightening is likely to be gradual and history tells…
