Future Financial Services Blog

by Alex McKenzie

Financial planning advice to guide you through your life stages. Financial advice for when you are looking to buy your first home, start a family or looking to retire. This blog aims to show the relevance of Superannuation, insurance and investment for everyday families.


The Silly Season

Don’t be Silly in the Silly Season!

Personally, I always think of Melbourne Cup day as the start of the festive season. It seems that the Melbourne Cup functions are the first in a series of Christmas parties and end of year celebrations. It is a great time of year; it can also be an expensive time of year!

It is very easy to overspend during this period, and way too many people get themselves into financial trouble. Hopefully, many of you read my article last year and have already allocated funds throughout the year for this period of increased spending, and have your festive period kitty ready to go.  If you did, good work and enjoy! Obviously, you still need to be somewhat aware of what you are spending.

Written by: Alex McKenzie Categories: Future Financial Services Blog


What happens to my super if I die?

What happens to my super?

Estate planning is complicated! From experience, most people are unaware that their superannuation does not form part of their estate and therefore is not covered by your Will. Your super needs to be addressed separately and is normally done so with the nomination of beneficiaries.

So what happens if you die without a nominating a beneficiary? The trustee decides on where the money should be directed and is obligated to act in your best interests. This seems to make sense and, in many cases, ends up with a satisfactory result; however, the trustee’s decision is by no means guaranteed to match your wishes.

Written by: Alex McKenzie Categories: Future Financial Services Blog

<<  4 5 6 7 8 [910 11 12 13  >>