CRC Financial Services

The Federal Government has relaxed the borrowing restrictions that up until recently applied to superannuation.

Jenny Barrington (not her real name), a widowed resident of Bruny Island did not make initial contact with her financial adviser until she was nearing reitrement and well into her 60's. Barrington is indicative of hard-working Australian's who want simple financial solutions explained by someone they can trust.

2009 was a remarkably good year for investment markets, but many investors missed the opportunities. In this Point of View, AXA’s Chief Investment Officer Mark Dutton explores the ‘wall of worry’ that investors currently face and the associated investment opportunities.

In this Point of View AXA’s Chief Investment Officer Mark Dutton looks at how the two main contrasting ‘styles’ of investing – growth and value – are positioned for the next phase of the recovery.

The Westpac-ASFA Retirement Standard figures released on 6 November 2009 show the costs for a couple living comfortably in retirement were up by 0.7 per cent in the June 2009 quarter compared to the March 2009 quarter. For those with a comfortable lifestyle in retirement, costs rose by 2.1 per cent from the June 2008 quarter.

The soaring $A has reignited the speculation that the $A will reach parity with the $US in the near future.

Global sharemarkets have rallied strongly since March this year, but for many investors the gains in global equities have been less than the gains in Australian equities.

A summarised look into the 2009 budget as announced on 12th May 2009.