finance Archives - Aspire Financial Consulting Toowoomba

Conflict of Interest in Financial Advice – ASIC’s Report

January 31, 2018

The corporate regulator, Australian Securities and Investments Commission (ASIC), has recently released the results of its review on how large financial institutions manage conflicts of interest in providing financial advice. The focus of the review was on the quality of the advice provided when recommending financial products owned and operated by related entities (in-house products). […]

Self-employed: working till they die with no backup plan

November 2, 2017

Approximately 10% of the workforce in Australia is self-employed and it is currently not compulsory for them to make superannuation contributions since the Superannuation Guarantee largely applies to employees only. While self-employed are busy focusing on the day-to-day running of their businesses, many overlook the advantages of superannuation and generally fail to plan ahead for […]