FSP News

Financial Services Partners releases a monthly editorial, a monthly economic update and a quarterly newsletter for clients and contacts of our advisers.

The monthly economic update takes a look at the latest issues affecting local and international markets.

The quarterly edition of 'The Key' keeps you up to date with the current hot topics in the world of financial planning and personal wealth management. The current and topical areas of advice we look at can include superannuation, investment, retirement, wealth protection through insurance, redundancy and estate planning.

In addition, we also release a special Budget edition of 'The Key' newsletter shortly after each Federal Budget is announced each year.

Please feel free to share our content with friends and family members.

Keeping in Touch - December 2016

Income protection – what’s all the fuss?

Many people automatically insure their car, their home, even their boat, but overlook their most important asset – themselves.


Market Wrap - December 2016

Market Highlights - December 2016

  • Global growth indicators continued to firm as inflation expectations rose
  • Share markets, particularly US small caps, staged a late recovery in the month following Donald Trump’s US Presidential victory
  • Investors continued to sell bonds with yields rising in anticipation of higher growth and inflation

Market Wrap - November 2016

Market Highlights - November 2016

  • Bond yields rise on higher inflation risks
  • Share markets moved lower as bond proxies such as REITs and utilities were dumped
  • The markets are pricing around 70% probability for a US rate hike in December

Keeping in Touch - November 2016

Planning for the year ahead

As the end of 2016 approaches, now is an excellent time to start thinking about your finances, and how you can get yourself set for the year ahead.


Market Wrap - October 2016

Market Highlights - October 2016

  • Central banks continued to support investor sentiment
  • Share markets moved higher as bond yields remained low
  • The US Federal Reserve (Fed) kept rates unchanged in September

Keeping in Touch - October 2016

It’s often said that building financial wealth isn’t a function of how much you earn, but how well you manage it.

If you want to consider how to build your wealth, chances are you could use a little guidance, so here are some strategies that a financial adviser can talk you through to help you make the most of your hard earned cash.


The Key Newsletter – Spring 2016

Issue 52 of the latest market insights from Financial Services Partners includes:

  • What’s driving the volatility in the Australian dollar?
  • How the ATO’s new LRBA rules affect SMSF trustees
  • Further guidance on the $500k lifetime cap on nonconcessional contribution 5 ways to build resilience

Keeping in Touch - September 2016

Taking control of your (financial) future

For many women, starting again after being left widowed or divorced can be difficult and overwhelming. We look at how good financial advice can make a real difference.


Market Wrap - September 2016

Market Highlights - September 2016

  • Share markets moved higher as complacency rose
  • Bond yields moved higher but central bank liquidity limited the rise
  • Slowdown in Chinese industrial growth points to risks for commodity prices

Keeping in Touch - August 2016

Election update: how will your finances be affected?

Now that the election has been finalised, here we look at some of the new government’s policy changes that could have an impact on your financial situation.


Market Wrap - July 2016

Market Highlights - July 2016

  • Share markets dropped sharply in the hours post Brexit and then rallied strongly
  • Brexit is a medium-term challenge but has reinforced the long-standing trend of lower yields
  • Market expectations have shifted towards US rates being on hold for an extended period

Keeping in Touch - July 2016

Are you on track to enjoy your retirement?

For many people, the decision around when to retire can be one of the most exciting, yet daunting, times of their lives.

There are a number of strategies you can employ now, whatever your age, that may help you fulfil your retirement dreams.


The Key Newsletter – Winter 2016

Issue 51 of the latest market insights from Financial Services Partners includes:

  • 5 ways to smarten up your SMSF
  • Want to control diabetes? Check your plate
  • The secret lives of bonds
  • Do investment properties really add up?

Keeping in Touch - June 2016

Making the most of lower interest rates

While lower interest rates are great for those with mortgages, it does not suit everyone and can make things a lot more difficult for those needing income in retirement.

Here we look at how you can make the most of the current low interest rate environment, whatever your stage in life and financial goals.


Market Wrap - June 2016

Market Highlights - June 2016

  • Share markets bounced strongly on central bank support and the improved growth outlook
  • The rally has started to broaden from commodities to technology, financials and health
  • The Australian dollar fell sharply on expected further rate cuts and US rate hike projections

Keeping in Touch - May 2016

Get set fpr the (financial) year ahead

With 30 June just around the corner, there are a number of strategies available to help you to increase your wealth and potentially save on tax.

Here are four strategies that, with the help of your financial adviser, you have time to action before the end of the 2016 financial year.


Keeping in Touch - May 2016

Get set fpr the (financial) year ahead

With 30 June just around the corner, there are a number of strategies available to help you to increase your wealth and potentially save on tax.

Here are four strategies that, with the help of your financial adviser, you have time to action before the end of the 2016 financial year.


Market Wrap - May 2016

Market Highlights - May 2016

  • Share markets bounced strongly on central bank stimulus and softer US dollar
  • Recovery in China’s construction industry supported higher commodity prices
  • The AUD rose strongly on declining investor risk aversion but fell on RBA rate cut

Market Wrap - April 2016

  • Share markets bounced strongly on central bank stimulus
  • Recovery in China’s construction industry supported higher commodity prices
  • The AUD rose strongly on declining investor risk aversion

Keeping in Touch - April 2016

The value of a having financial adviser

Having an appropriate financial plan in place covers more than just investments and insurance.

The same goes for a financial adviser – there are some you will just click with.

Here we provide some ideas on finding one that you feel comfortable with, who can help you improve your financial future.


Market Wrap - March 2016

Market Highlights - March 2016

  • Market volatility continued with share markets falling in the month
  • Economic indicators pointed to a slowing in developed economies which drove the weakness
  • Strong credit growth in China helped to stabilise confidence and commodity prices

Keeping in Touch - March 2016

What's your family succession plan?

While often difficult, having discussions with your family about estate planning, and how your assets will be distributed when you die, is so important.

Here are just some of the key building blocks to consider when looking to create your own family succession plan.


The Key Newsletter – Autumn 2016

Issue 50 of the latest market insights from Financial Services Partners includes:

  • Time to consider the alternatives
  • New changes to the aged care rules
  • The value of advice on budget and cashflow management
  • The secret to living longer

Market Wrap - February 2016

Market Highlights - February 2016

  • Share markets dropped sharply in January posting one of their worst starts to a year
  • Concerns over growth in China and falling oil prices initially caused concerns
  • The European Central Bank (ECB) signalled potentially more stimulus while the Bank of Japan (BoJ) cut rates into negative territory

Keeping in Touch - February 2016

New year, fresh ideas

With the New Year now underway, how are you going to manage your money differently in 2016?

Looking at your finances with fresh eyes will help you get set for the year ahead and give you a better chance of achieving what you want in life financially.


Market Wrap - January 2016

Market Highlights - January 2016

  • Central bank actions drove markets as the US Federal Reserve (Fed) raised interest rates for the first time in nine years
  • Weaker sentiment in commodity markets, especially oil, also weighed on risk appetite
  • Signs of stabilisation in China and strong employment saw Australia buck the trend

The Economic Update - December 2015

Market Highlights - December 2015

  • Diverging expectations for global central banks drove mixed market results
  • Markets are close to anticipating a December rate hike by the US Federal Reserve
  • Emerging market shares were impacted by China and expected US rate hike
  • Strong jobs growth in Australia saw markets reduce expectations for rate cuts

Keeping in Touch - December 2015

Will your age pension be reduced next year?

After being first announced in the 2015 Federal Budget, there are some changes to the age pension that will come into effect on 1 January 2017.

This could mean an increase or decrease in pension for some, while others could have their pension entitlement removed completely.


The Key Newsletter – Summer 2015

Issue 49 of the latest market insights from Financial Services Partners includes:

  • Leadership change and the impact on Federal Budget measures
  • Latest changes to concession and health care cards
  • The ‘China effect’ and what it means for global growth
  • Health and wellness holidays

Connection Point November 2014

This is our bi-monthly read aimed at providing some useful information for our industry contacts and valued referral partners. We hope you enjoy this edition of Connection Point.

This edition our articles include:

  • Deeming of account based income streams
  • Commonwealth Seniors Health Card (CSHC) and deeming of account based income streams
  • ATO guidance on cross-insurance within an SMSF
  • Changes to family assistance benefits

The Economic Update - November 2015

Market Highlights - November 2015

  • Central banks help lift investor sentiment and share markets
  • US Federal Reserve leaves door open for December rate hike
  • China emphasises reform and innovation in the 18th Plenary session
  • Weaker inflation leaves room for the Reserve Bank of Australia to cut interest rates

Keeping in Touch - November 2015

Getting set for the year ahead

Setting aside time to regularly review your finances is one of the easiest ways to keep your plans on track and work towards achieving your financial goals. But time is often our enemy.

With this in mind, the end of the year is as good a time as any to sit down and take a look at your finances and make any necessary changes before the start of 2016.


Connection Point October 2015

Welcome to the October edition of Connection Point. This month we cover:

  • New Social Security rates and thresholds from 20 September 2015
  • New aged care fees and thresholds from 20 September 2015
  • Lost member account thresholds increased
  • Look through tax treatment for LRBAs

The Economic Update - October 2015

Market Highlights - October 2015

  • Global growth uncertainties, centred on emerging markets, weighed on markets
  • The US Federal Reserve postponed its decision to lift interest rates
  • A change in Australia’s Prime Minister was seen as lifting confidence
  • Global sovereign bonds outperformed global shares

Keeping in Touch - October 2015

One of the world’s most admired investors, Warren Buffett, is famous for saying “Don't save what is left after spending; spend what is left after saving.”

While this approach may not always be possible, investing even just a small amount regularly can make a big difference over the long term.


The Economic Update - September 2015

Market Highlights - September 2015

  • Concerns intensified over Chinese growth though US growth strengthened
  • Global shares declined on these concerns
  • Investors retreated to safe haven currencies
  • Fed’s policy announcement later this month will be closely watched

Keeping in Touch - September 2015

Starting small with personal insurance

For many people, personal insurance is something they think they will never need. But the reality is, many do.


The Key Newsletter – Spring 2015

Issue 48 of the latest market insights from Financial Services Partners includes:

  • Wealthy retirees to be hit hardest by the pension changes
  • Young parents need $1 million of life cover
  • Don’t be distracted by Greece, it’s all about China
  • Tending to your wellbeing will let you be more present in all areas of your life

The Economic Update - August 2015

Market Highlights - August 2015

  • Developed market economic growth is becoming more synchronised
  • Global shares rebound on a Greece solution although emerging markets struggled
  • Bond yields rallied as global growth concerns resurfaced
  • The US dollar (USD) rose in the month as the Fed looks to lift rates later this year

Keeping in Touch - August 2015

How financial planning works

Looking to plan for the future and want to get some financial advice?

Some people don’t know where to start or what to expect, but the process is very simple and could help you to change your financial future!


The Economic Update - July 2015

  • US economic indicators improved as consumer spending rebounded from earlier weakness.
  • Bond yields rose as expectations solidified that the US Federal Reserve (Fed) would commence raising rates this year.
  • Global shares fell on the back of rising yields and, later in the month, concerns over Greece.
  • The Australian dollar (AUD) rose modestly against the US dollar (USD) but eased lower against other major currencies.

Keeping in Touch - July 2015

Having insurance for life

Many people are unsure whether life insurance is important, especially as they get older.

Here we look at the benefits of having life insurance at each stage of your life – whether you are an accumulator, pre-retiree or retiree


Connection Point June 2015

Welcome to the June edition of e-Insight. This month we cover:

  • New private health insurance rebate thresholds from 1 April 2015
  • ATO pre-assessment letters for excess concessional contributions
  • Labor Party release proposed changes to superannuation
  • Reminder to claim franking credits for retirees
  • End of year financial planning

The Economic Update - June 2015

Market Highlights - June 2015

  • Euro zone growth increases as investment spending plans in Australia plunge
  • Global shares rose on positive economic news though emerging markets struggled
  • Bond yields rose as markets continued to price out the risk of deflation
  • The Australian dollar (AUD) fell as the US dollar (USD) reversed the weakness seen in April

Keeping in Touch - June 2015

Building Wealth Together

When looking to build your long-term wealth and save for your retirement, there are many advantages to planning your financial future as a family


The Key Newsletter – Winter 2015

Issue 47 of the latest market insights from Financial Services Partners includes:

  • Mind the super gap
  • UK unfunded defined benefit
  • Part pensioners get a 'pay rise'
  • So much dieting - but is it enough?

The Key Newsletter – Autumn 2015

Issue 46 of the latest market insights from Financial Services Partners includes:

  • Plummeting oil price good news for consumers
  • Futuristic technology helps you keep track of your activity
  • Thinking outside the investment square
  • Adding insurance to your super has several benefits

Keeping in Touch - May 2015 - A Budget to get women in the workforce

Whether you’re a single woman, working mother or housewife, there’s something in the Budget that affects you. We examine the key measures below.


The Economic Update - May 2015

China stimulus drives market higher

Central banks continued to dominate headlines in April. It was China’s turn to take centre stage, with authorities slashing the amount of money banks need to keep aside for lending (the reserve requirement ratio).


Keeping in Touch - May 2015

Are you missing out on some entitlements?

No matter what stage of life you are at, there may be some Government initiatives that can help you financially.

Whether you are young, married, single or a nuclear family, we can help you navigate the system.


Connection Point April 2015

Welcome to the April edition of Connection Point. This month we cover:

  • New Social Security rates and thresholds from 20 March 2015
  • New aged care fees and thresholds from 20 March 2015
  • Centrelink confirm application of account based income stream ‘grandfathering’
  • ATO videos for SMSF clients
  • ASIC Register of financial advisers
  • Review of retail life insurance advice
  • Taxation discussion paper

The Economic Update - April 2015

Share markets took a breather in March following February’s strong gains as the focus swung to the outlook for US interest rates.


Keeping in Touch - April 2015

What will happen to the assets and money that you’ve worked so hard for when you’re no longer around?

More than just a Will

Having an adequate estate plan is more than just having an up-to-date Will.


Keeping in Touch - March 2015

Make your super contributions count

Having an understanding of the different types of super contributions will help you to take advantage of some tax-effective ‘top-up’ strategies that can increase your retirement savings.


The Economic Update - March 2015

February was a very strong month for share markets as oil prices rebound and central banks restore confidence.


Connection Point February 2015

This is our bi-monthly read aimed at providing some useful information for our industry contacts and valued referral partners. We hope you enjoy this edition of Connection Point.

This edition our articles include:

  • ATO issues further guidance on SMSF related party LRBAs
  • Grandfathering – a blessing and a curse
  • Deeming account based pensions for the low income health care card (LIHCC)
  • Deeming for income support payments, the CSHC and the LIHCC are different measures
  • Moving back to accumulation phase
  • Pre 1 July 2014 insurance via superannuation arrangements

The Economic Update - February 2015

After months of speculation, the European Central Bank (ECB) extended its program of asset purchases to include euro zone government bonds in January.


Keeping in Touch - February 2015

Income Protection for everyday Australians

You always take out insurance for your car, your phone or when you travel overseas but what about insurance for your most important asset – your income?


The Economic Update - January 2015

In December markets continued to be dominated by the ongoing sharp decline in oil prices. Dated Brent crude oil prices fell by 18% in the month, with prices plunging by almost 50% since the end of June.


Keeping in Touch - January 2015

Top Tips for 2015

The New Year is always an excellent time to review your finances and get yourself set for the next 12 months.

To help you get started, here are just some of the areas that you should look at each year.


The Key Newsletter – Summer 2014

Issue 45 of the latest market insight from Financial Services Partners.

In this issue:

  • Being single can be costly
  • Managing your own super
  • Your financial life post-divorce
  • New models for investment in the wake of the GFC
  • Victoria's regional riches
  • Risk insurance - your end of year review

The Economic Update - November 2014

October was a tumultuous month for financial markets. While markets generally finished up strongly, there was a marked spike in volatility as share markets declined before recovering in the second half of the month.


Keeping in Touch - November 2014

Protecting the whole family

You may have personal insurance protection, but what about your children?


The Economic Update - October 2014

The Economic Update - October 2014

Share markets were generally lower in September, with global, Australian and emerging market shares all declining in local currency terms. However, the sharp fall in the Australian dollar in the month helped boost returns for unhedged investors in global shares.


Keeping in Touch - October 2014

Get smart - get the retirement you want

Saving for a stylish retirement doesn’t have to mean missing out now. With a bit of clever planning, you can maintain your current lifestyle while still maximising what you put away for the future.
Using super to your advantage is the key to a comfortable retirement.


Keeping in Touch - September 2014

Opportunities in a low interest rate environment

In August this year the Reserve Bank Cash Rate of 2.5% celebrated its one year anniversary. It’s a continuing low point that has followed a steady period of decline since October 2011 and in October this year it will be 4 years since we last saw a rate rise. We would have to go back decades to see such a sustained period of low rates and it is difficult to comprehend what it would have been like a quarter of a century ago when the rate was at 17%!


The Economic Update - September 2014

Summary of the September 2014 FSP Economic Update

Geopolitical concerns persisted in the month of August. US President Barack Obama authorised air strikes in Northern Iraq while reports of a build-up in Russian military presence in the Ukraine dominated headlines.


Keeping in Touch - August 2014

Are you ready to transition to retirement?

The start of each financial year is always a good time to review your financial plan. For those considering retirement in the not-too-distant future now is also a good time to review your income strategy to ensure it continues to meet your needs.


The Economic Update - August 2014

August 2014 - Summary

Geopolitical events dominated news headlines at various stages during July. In particular, the tragedy involving a Malaysian airlines flight brought back into focus the tensions between the Ukraine and Russia. Meanwhile, renewed conflict in Gaza highlighted the increasingly unstable political situation in the Middle East. In both cases the human impact has been devastating.


Keeping in Touch - July 2014-Article 3

How the recent budget affects singles

With so many announcements made as part of the May 2014 Federal Budget affecting families and retirees, it can be hard to work out exactly what will have an impact if you’re single.


Keeping in Touch - July 2014-Article 2

How the recent budget affects families

With so many announcements made as part of the May 2014 Federal Budget, it can be hard to work out exactly which will have an impact on the family budget. To help you with your cash flow planning, here are the main proposed changes that will have a financial impact on families.


Keeping in Touch - July 2014-Article 1

Navigating the recent changes to Social Security

There were quite a few changes to Social Security in the May 2014 Federal Budget, many of them having an impact on pensioners and those nearing retirement if they are passed through Parliament.


The Economic Update - July 2014

July 2014 - Summary

Most markets rose strongly in June as the continuation of the global search for yield thematic again saw fixed income and share markets both perform well. The search for yield was given added impetus by stimulus measures announced by the European Central Bank (ECB) in an effort to lift inflation from its current low level. While the ECB stopped short of announcing its own asset purchase program, it lowered interest rates and introduced a series of measures aimed at increasing the availability of bank credit.


Connection Point June 2014

This is our bi-monthly read aimed at providing some useful information for our clients, industry contacts and valued referral partners. We hope you enjoy this edition of Connection Point.

  • A wake up call on your SMSF responsibilities
  • Commonwealth Seniors Health Card (CSHC) and deeming of account based pensions
  • Medicare levy increase from 1 July 2014
  • End of financial year planning

Keeping in Touch (2) - June 2014

Estate Planning

Is your estate plan up-to-date?
Having a comprehensive estate plan will help you to pass on the assets and money you’ve worked so hard for throughout your life to those that you wish to receive them.


Keeping in Touch - June 2014

Ease the pain of a Medicare levy increase

A rise in the Medicare levy from 1.5% to 2.0% from 1 July 2014 makes it imperative to consider all options on how you can mitigate the impact of the levy on your personal finances.


The Key Newsletter – Winter 2014

Issue 43 of the latest market insight from Financial Services Partners.

In this issue:

  • Changes to deeming rules a concern for many retirees
  • A new opportunity to boost your super
  • Will you outlive your money?
  • To the Blue Mountains and beyond

Keeping in Touch (2) - May 2014

Important changes to insurance within super

From 1 July 2014, there are a number of changes to insurance within super that you need to consider when looking to protect yourself through an appropriate trauma insurance policy. While these changes take effect from 1 July 2014, all policies established between now and 30 June 2014 retain their existing benefits. Establishing insurance within super, or making changes to your existing cover in the next month or so, could help you to ‘lock-in’ more generous terms and conditions before the deadline.


Federal Budget - May 2014

Federal Budget 2014/15

An update on the Federal Budget 2014/15 and what it means for you.


Keeping in Touch - May 2014

Managing the family budget

There is no doubt that the rising cost of living continues to make life challenging when you are trying to manage your household budget.


Connection Point April 2014

This is our bi-monthly read aimed at providing some useful information for our industry contacts and valued referral partners. We hope you enjoy this edition of Connection Point.

This edition our articles include:

  • New SMSF penalty rules
  • Net medical expenses tax offset phase out
  • Simple advice strategies

The Economic Update - April 2014

Summary of the April 2014 FSP Economic Update

Financial markets remained volatile through March. Continued poor data in the US and China, in part reflecting weather and Lunar New Year holiday distortions, left market participants awaiting confirmation that the broad macroeconomic themes expected for 2014 remained in place.

The uncertainty created by the poor data flow saw investors move to take profits in sectors that had outperformed over the past year, especially some developed market equities.


Keeping in Touch - April 2014

SMSF administration

The number of self-managed super funds (SMSFs) in Australia continues to grow. SMSFs now account for around 31% of all assets within superannuation.


Keeping in Touch - April 2014 - article 2

Making the most of your redundancy payout

While being made redundant is quite common in the workforce today, it can still be a very difficult situation for many people. The thought of leaving your job with a lump sum payout can be both daunting and appealing but you should not lose sight of the fact that you may not have a regular income. Here are some ideas around getting the most from your redundancy payment.


The Economic Update - March 2014

Summary of the March 2014 FSP Economic Update

Financial market volatility rose early in the month as the decline in growth assets which characterised January continued into February. This decline was driven by further signs of weakness in US economic activity, especially a softening in the pace of employment growth, combined with commentary from the US Federal Reserve (Fed) suggesting it would likely continue scaling back its asset purchase program unless growth was markedly softer than expected.


Keeping in Touch - March 2014 - article 2

What’s in a stock

For many investors the sharemarket may seem to be a mysterious place, surrounded by strange jargon and technical complexities that can only be penetrated by those in the know. Once you break it down, however, it is not quite so scary and can have a very close link to our everyday lives.


Connection Point February 2014

Connection Point February 2014

This is our bi-monthly read aimed at providing some useful information for our industry contacts and valued referral partners. We hope you enjoy this edition of Connection Point.

This edition our articles include:
Deeming rules for account based income streams Employer contributions and the new standard Group insurance


The Economic Update - February 2014

Summary of the February 2014 FSP Economic Update:

  • 2014 started on a poor note for growth assets as the commencement of tapering of quantitative easing (QE) by the US Federal Reserve (the Fed) coincided with an increase in market volatility.
  • Emerging market (EM) equities underperformed their developed market counterparts in January, with the MSCI emerging markets index falling by 6.6% in US dollar (USD) terms.
  • Concerns over global growth and the general risk-off environment weighed on the AUD which fell by a further 1.8% to below US88c.

Keeping in Touch - February 2014

Are you putting your business at risk?

With many business owners so busy with the day-to-day operation and development of their business, there’s often no time to think about what would happen if they, or one of their business partners, become too ill to work or even died.


Keeping in Touch - January 2014

Are you looking to retire in 2014?

If you are considering retiring or reducing your working hours this new year but are concerned about having enough money to retire on, it's not too late to seek some professional advice to give you peace of mind.


The Economic Update - January 2014

Summary of the January 2014 FSP Economic Update:

  • Global equity markets sold off initially on fears of an earlier start to US Federal Reserve (Fed) tapering, before rallying after the Fed announced it would commence tapering in January.
  • Emerging market equities continued to underperform developed markets. Concerns over a lack of structural reforms by governments of large twin-deficit economies, including Indoneseia and Brazil, continued to contribute to the decline.
  • Concerns persist over the sustainability of growth across many emerging markets economies.
  • The AUD fell by a further 2% to be just above US89c, close to its August lows, with the RBA again leaving the cash rate on hold at 2.5%.

Subscribe to our newsletter

Get market updates and keep up to date with the world of financial planning and personal wealth management.

When we can help

Your life. Let us guide you...

OR
Your Situation

Subscribe to our newsletter

Market updates delivered quarterly.

Contact us

P: 1800 006 216
E: info@fspgroup.com.au

Level 23,
242 Pitt Street
Sydney NSW 2000

AFSL: 237 590
ABN: 15 089 512 587