Unsettling events in Hong Kong

In our library, you will find the latest financial news, valuable insights and ideas, tips and tricks we've learnt over the years and other helpful educational pieces.

7 things I’d tell my younger self

19 April 2017
By John Barton
Hindsight is an incredible thing and what’s more, hindsight brings with it 20/20 vision. When you think about it, of all the people to take advice from, the best person is really you. Or, the ‘older you’ specifically. You know you best.

Read more

Don’t let the super reforms unravel your estate planning

4 April 2017
By Andrew Proudfoot
There is now only 13 weeks left before the Government’s new super reforms kick in. This means, there is only 13 weeks left to rethink your super strategy and make any necessary changes to ensure you get the best financial outcomes and avoid potential penalties. Time is running out.

Read more

Education Bonds: investing for children and grandchildren

21 February 2017
By Andrew Proudfoot
Last week, we introduced the concept of an insurance bond for tax-effective saving outside superannuation. We also touched on a unique sub-class of insurance bonds, known as education bonds, which can be used to invest for your child/grandchild’s future in a tax-effective way and to make certain educational expenses tax deductible.

Read more

The next best tax structure outside superannuation

7 February 2017
By Andrew Proudfoot
Superannuation has long been hailed as the best tax structure in Australia. However, it isn’t the only long-term investment option available and with the impending legislative changes limiting how much can be entered and invested into super, now is a good time to review the next best option.

Read more

Superannuation changes: what you need to know

20 January 2017
By David Lloyd
2017 is going to be a big year for superannuation. As end of financial year nears, we thought it worth outlining what changes you should make note of and what you can do to make sure you’re taking advantage of them before 1 July 2017.

Read more

7 ways to kickstart 2017 – and make it your best financial year yet

6 January 2017
By John Barton
If there is one thing 2016 taught us, it is that peace of mind is a valuable thing. We are both excited and hopeful for the year to come and have shared 7 tips to help make 2017 your best financial year yet and to help you achieve peace of mind for the year to come, regardless of what events unfold this year.

Read more

Is your retirement at risk? The cost of an underinsured adult child

20 December 2016
By Andrew Proudfoot
Many individuals view life risk insurances as something very low down on the financial priority list – only really considering it after a major life event occurs (such as a new mortgage or the birth of a child). However, leaving it too long may cost your future self (or your children) money and potential difficulties.

Read more

What the $1.6 million pension cap means for you

30 November 2016
By David Lloyd
As part of their controversial suite of proposed changes to superannuation put forward in May, the Coalition announced a cap of $1.6 million on all existing and new pension accounts. Last week, these changes passed through Parliament and are now Law.

Read more

The next four years

10 November 2016
By John Barton
As we’ve now had just over 24 hours to digest one of the most unprecedented upsets ever seen in US political history, it is now time to take a deep breath and consider what the next four years could mean for the US, Australia and global markets.

Read more

What happens to markets if Trump wins?

4 November 2016
With the US presidential election just days away, speculation and commentary is coming from all directions. Most commentators agree that a Clinton victory is still more likely than not and would be relatively benign for markets. Of course, a Clinton victory is not assured, with Trump closing in the polls in recent days.

Read more

Bank hybrids: a cautionary tale

24 October 2016
By Stephen Furness
In today’s volatile and uncertain market where term deposit rates remain consistently low, investors continue to be attracted to the regular and defined distribution payments bank hybrid securities can offer. However, despite their many positive features, bank hybrids carry more risks than many investors realise.

Read more

$500,000 non-concessional lifetime cap to be scrapped

15 September 2016
In a monumental turnaround, the Federal Government has today made major changes to its superannuation package by dumping highly controversial plans for a $500,000 lifetime cap on non-concessional contributions.

Read more

Small win for SMSF trustees sets the scene for further Budget review

22 July 2016
Since the handing down of the Federal Budget in May we have been working closely with a number of SMSF advocacy bodies, including SISFA (of which I am a Director and MGD a founding member) and SMSF Owners’ Alliance, to ensure any proposed changes to SMSF policy translate into level-headed fair regulation.

Read more

New financial year brings renewed focus for MGD

11 July 2016
Brisbane-based boutique financial services firm, MGD Wealth, has welcomed yet another high profile specialist to their expanding team in the form of risk and succession expert Andrew Proudfoot. Andrew joins MGD from the banking sector, having worked with nab and Suncorp in senior specialist risk and wealth management roles.

Read more

Decision-making in times of uncertainty

5 July 2016
In times of uncertainty, there is a strong natural tendency to stay still, to defer action, to wait and see. Of course time marches on and most people tend to forget that deferring a decision to change because of a lack of clarity about the future is in fact a decision to stick with the status-quo, even when there may be a very sound case for making changes.

Read more

Brexit: a message from the MGD Wealth Investment Committee

28 June 2016
We have noted for some time, through our LDI Connect portfolio updates, investment risks in general terms remain elevated and the “Brexit Vote” highlights such an event that can upset markets. Brexit is just one of numerous issues at any point in time that are risk event considerations for investors as we deal with what are certainly challenging and interesting times.

Read more

Prominent financial economists join MGD Wealth’s Investment Committee

21 June 2016
As part of our ongoing commitment to ensure our Investment Committee has access to the most highly qualified and experienced investment professionals, we are pleased to welcome two of Australia’s most prominent financial economists to our team, Dr Michael Drew and Dr Adam Walk.

Read more