1. Identify Your Financial Needs: The first step in getting financial advice is to identify your financial goals and objectives. What do you want to achieve? What are your long-term financial goals? 2. Research and Choose a Financial Advisor: Once you’ve identified...
Asset allocation is a strategy that involves dividing an investment portfolio among different asset classes, such as stocks, bonds, and cash. The goal of asset allocation is to balance risk and reward by investing in a mix of assets that aligns with an...
PENSION MEANS TEST The pension means test is a way of determining an individual’s eligibility for certain government benefits and concessions, such as the aged pension. In Australia, the pension means test is administered by the Department of Human Services...
Group insurance and retail insurance are two types of insurance that are used to protect individuals and families against financial loss. Group insurance is insurance that is provided to a group of people, typically as a benefit offered by an employer. For example, an...
Asset allocation is the process of dividing an investment portfolio among different asset categories, such as stocks, bonds, and cash, in order to manage risk and maximize returns. This process involves determining the appropriate mix of assets based on an...
