It seems that the NSW state government has a way of getting legislation enacted that has a very sharp beneficial focus, while selling the enormous broad community benefits at large. And they are believed.
In the same vein as the ethanol legislation, the Strata Schemes Development Act 2015 came into force in May of this year, with narry a whimper. While the ethanol legislation was so on the nose [no pun intended] that it almost required all government members to be literally whipped into submission to get it through... the SSDA 2015 seemed to sail through with flying colours.
An amusing Guardian contribution to the whole Brexit debacle. Language Warning - for sensitive ears, right at the end.
Does anyone actually know what 'robo advice' is?? Most importantly... do clients know what it actually is? Apart from an industry buzzword that dresses up a spreadsheet and three questions as some incredible bleeding edge hyper-intelligence. Does it or should it extend to every facet of someone’s financial life?
In Scott’s recent article in IFA, he raises the point that the owners of new robo-advice platforms are more focused on the value of the information they collect from clients, than the monetisation of advice provision. He references Deloitte’s report, The Advice Based World.
Deloitte Assurance & Advisory Chief Operating Officer and National Advisory Leader, Phil Hardy, said robo-advisers have a “different value realisation” from monetary gain.
Mr Hardy said robo-advisers will look to capitalise on ‘mining’ and storing the data of clients who use the digital platforms, rather than looking to profit from the advice they provide.
At their August meeting the Reserve Bank announced yet another drop in the cash rate. It now stands at an ALL TIME historical low of just 1.50%.
Even thought the banks have been slow to pass on the entire reduction, the overall ongoing trend in home loan interest rates over the last few years has been down.
A recent report revealed 45% of homeowners have never refinanced their home loan. This could be a costly ommission on their part.
The question remains...Why?
There may be a few reasons - and a lower rate shouldn't be your only criteria when considering refinancing. However, for many homeowners this could allow them to access a massive saving.
At a time where both candidates for the US presidential election are reportedly the most unpopular ever... anything is possible. Just consider the Republican National Convention - John Oliver did.
At times like this it's easy to think the world's gone just a little crazy. Many at the Democratic convention are vowing to not vote for Hillary Clinton, the Democratic nominee. Sanders is booed when he throws his support behind Clinton.
Whilst entirely understandable that people who have been such vocal supporters of on candidate should not be thrilled at putting their weight behind someone they wouldn’t choose, the upshot of their actively voting against her, or simply abstaining from voting at all in protest [in a country where they notoriously struggle to get voting participation] could be catastrophic.
If you want some light relief and a wee chuckle... then check out Jordan Watson and his beautifuol daughter Alba.
As an expat living abroad for a long time, the Kiwi inventiveness and sense of humour still raise a smile.
Jordan Watson works with his liitle girl Alba to coach new Dads in some really important Kiwi life skills.
Trapping prey with a cardboard box and a piece of string, fishing, sprinting in jandals. These are the foundational life skills that every young Kiwi will use to make their way in the world.
So take a moment out of your manic day to just relax... and smile... and rejoice that the very simple [and somewhat silly] things can amuse us and lighten our day.
Read the story in The NZ Herald
Check out a couple of Jordan's videos below.
On her first day in No 10, the new PM’s in-tray will be packed with problems: on the EU, Trident, schools, the NHS and more
David cameron having scored one the most appallingly obvious own goals [entirely selfy inflicted and predictable] then passes the parcel to Theresa May, after Johnson, Farage et al have headed to the moors with their tails between their legs. Whilst there is no seeming end to the complete lack of political awareness form Cameron around the whole exercise, he will surely being giving a massive sigh of relief to be exiting No 10 and passing all of the headaches on to someone else.
May will find a confluence of very pressing and complex matters in her in-tray on her first day in No 10 – and not just about how Britain will leave the EU.
From universal credit to junior doctors’ strikes, school academisation and farmers’ subsidies, she will inherit many challenges from David Cameron’s administration.
May frequently says simply - Brexit means Brexit, but this leaves all the relevant questions unanswered.
How difficult do you find it to be still... to do nothing? Our lives are usually flat out with every waking minute.
What about the last time you did absolutely nothing for 10 whole minutes? Not texting, talking or even thinking?
Mindfulness expert Andy Puddicombe describes the transformative power of doing just that: Refreshing your mind for 10 minutes a day, simply by being mindful and experiencing the present moment. (No need for incense or sitting in uncomfortable positions.)
He wants to make meditation accessible to everybody: for a happier, healthier you.
Watch Andy's TED Talk below.
It’s interesting when you look at it, the experiences you gain through life that are completely disparate but nonetheless evidence synchronicity.
My father wouldn’t have known absolute return if it jumped up and bit him on the bum, yet he was an expert at it. He would have revelled in the ‘new world’ of Absolute Return.
I’m afraid any fund manager who takes comfort in the fact that their fund/portfolio is performing well because they beat the index by 4, when the index is down 12, is a fool looking for an audience who cares. Fund managers, money managers, investment managers are paid money [and generally a not an inconsequential amount of it] to make money. Not to lose a little less than someone else. Explain that logic to a self funded retiree watching their life's earnings being frittered away.
It’s interesting the things you learn throughout life that you don’t realise. Some important, others perhaps less so, but it’s the amalgam of all of these lessons and experiences that shapes the person you are... and forms the basis of your understanding.
Growing up in the country, city, the beach… all have a powerful effect on senses and moods, hunger, thirst, even long hidden memories. Sometimes it is those experiences that mean you can simply make sense of things that others can’t. An intuitive understanding of certain things and perhaps what to do in certain situations.
For me, there’s many things experienced growing up that still have a profound and immediate effect, many years later.
It seems that the NSW state government has a way of getting legislation enacted that has a very sharp beneficial focus, while selling the enormous broad community benefits at large. And they are believed.
An amusing Guardian contribution to the whole Brexit debacle. Language Warning - for sensitive ears, right at the end.
Does anyone actually know what 'robo advice' is?? Most importantly... do clients know what it actually is? Apart from an industry buzzword that dresses up a spreadsheet and three questions as some incredible bleeding edge hyper-intelligence. Does it or should it extend to every facet of someone’s financial life?
At their August meeting the Reserve Bank announced yet another drop in the cash rate. It now stands at an ALL TIME historical low of just 1.50%.
Even thought the banks have been slow to pass on the entire reduction, the overall ongoing trend in home loan interest rates over the last few years has been down.
At a time where both candidates for the US presidential election are reportedly the most unpopular ever... anything is possible. Just consider the Republican National Convention - John Oliver did.
If you want some light relief and a wee chuckle... then check out Jordan Watson and his beautifuol daughter Alba.
As an expat living abroad for a long time, the Kiwi inventiveness and sense of humour still raise a smile.
Jordan Watson works with his liitle girl Alba to coach new Dads in some really important Kiwi life skills.
On her first day in No 10, the new PM’s in-tray will be packed with problems: on the EU, Trident, schools, the NHS and more
How difficult do you find it to be still... to do nothing? Our lives are usually flat out with every waking minute.
What about the last time you did absolutely nothing for 10 whole minutes? Not texting, talking or even thinking?
It’s interesting when you look at it, the experiences you gain through life that are completely disparate but nonetheless evidence synchronicity.
My father wouldn’t have known absolute return if it jumped up and bit him on the bum, yet he was an expert at it. He would have revelled in the ‘new world’ of Absolute Return.
It’s interesting the things you learn throughout life that you don’t realise. Some important, others perhaps less so, but it’s the amalgam of all of these lessons and experiences that shapes the person you are... and forms the basis of your understanding.