From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
Iress has issued an update denying the validity of “certain statements” made today by an alleged threat actor....
The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month....
A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super ...
Agree there is a disconnect between supply and demand. Bulk of population only willing to spend that amount, but I struggle to see how this demand can be met. I.e. who can supply at this price?
Can only see it working if adviser salaried employee of large fund with all the systems in place (and very high utilisation rate). E.g. $120k salary + 22% on-costs = ~$147k. 3 appointments per day @ $300 = $900 x 200 days = $180k. Leaves very little room for slack, preparation, follow-up and prospecting. Is this sustainable / realistic? Probably not.
Even then, the return is grossly outweighed by risk taken (business and compliance).