Investment Philosophy Category - Your Money: Blog Alman Partners

It pays to know where your financial advice comes from

In the aftermath of the storm that hit the financial planning industry following Commissioner Haynes report on the financial services royal commission, which saw several big institutions exit the financial planning business, the one question that clients are (and should always have been) asking is – who is my Financial Adviser working for?

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The human in financial advice

I do like a good book, and having just read a particularly interesting piece from philosopher Dr Simon Longstaff called Everyday Ethics: The daily decisions you make & how they shape the world, I felt moved to share my favourite quote from the book.

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How to use financial planning strategies to reduce your taxes

Did you know that when your superannuation/pension monies are passed down to your adult children upon death, that the estate can pay up to 17% in taxes on these monies?

Financial Planning – Giving Peace of Mind

Human nature calls for us to worry – this instinct goes way back to the days in which we had to protect ourselves against predators.

Yoga: Teaching you how to Invest

True Wealth is not just having money in the bank, it’s an inner condition of wellbeing. It’s about your financial health, your personal growth, your life and love, your passions. Your health is also your wealth.

The Hayne Royal Commission Report into Financial Services

On Monday Commissioner Hayne made public his findings and recommendations on the Financial Services industry. His report appears measured and pragmatic but will take time to implement. The Federal Government has said it will act on 75 of 76 recommendations. We have identified a few pertinent matters to share with you.

Wisdom in a Cookie

A number of years ago our team of financial adviser and their partners celebrated Lunar New Year together with a huge Chinese banquet. Of course, no Chinese banquet would be complete without the Wisdom of the Fortune Cookie. Have a read of the one Frances received…

The universal reward of time and patience

In Leo Tolstoy’s great novel ‘War and Peace,’ a Russian general charged with defeating Napoleon and expelling the French from Russian soil argued against rushing into battle, saying the strongest of all warriors were “time and patience.”

Royal Commission – Asleep at the Wheel?

With the Banking Royal Commission in full swing, the spotlight is squarely on financial services regulators. Future Fund chairman and former federal treasurer, Peter Costello, stated it plainly: “The next step of the royal commission is to actually find out why the regulatory agencies weren’t awake and at the wheel.1“

Banks should exit the Financial Planning business

What an extraordinary week at the Banking Royal Commission. AMP’s reputation has been shredded when the head of advice Jack Regan admitted that the financial services giant blatantly lied to ASIC 20 times and that they continued to charge advice fees for orphaned clients. Then it was CBA’s turn when the commissioner accused them of being the “Gold Medalist” of taking fees for no service. I could go on, however, I am sure most of you are following the story. No wonder the general public have reduced faith in the financial planning industry.