Acquired Brain Injury (ABI)

  ABI is a term that is applied to any type of brain damage occurring after birth, and can include damage sustained from infection, disease, prolonged alcohol or drug abuse, lack of oxygen or even a blow to the head. Furthermore, it is more common than one would think.  According to the ABS, over 700,000 Australians have a brain injury that incurs daily activity limitations, and participation restrictions.  Frighteningly, of these 700,000, approx. 3 out 4 are aged 65 or younger, with almost two thirds of that being acquired before the age of 25.Three quarters of those with ABIs, are

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The Facts About Melanoma

  As Spring is in full swing and the sun is coming out again it is time to think about our skin, particularly melanoma. We hear about Melanoma being the most dangerous type of skin cancer. It may appear as a new spot or as a change in an existing mole or freckle. Over 95 per cent of skin cancers can be successfully treated if they are found early. Did you know that Australia has one of the highest rates of skin cancer in the world? Two in three Australians will be diagnosed with skin cancer by the age of

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Bowel Cancer

On a sad note, we were recently discussing a case where an adviser in the industry passed away after being diagnosed with Bowel cancer. Bowel cancer is dangerous. You can have no health issues whatsoever and then suddenly the dreaded disease can take control of the body. No one should have to go through this and we hope that one day a cure can be found. There are benefits of early detection / screening rather than waiting to turn 50 years old or having  family history that requires a colonoscopy /  gastroscopy  prior to age 50.  It is suggested that

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Self-Managed Superannuation Funds (SMSFs) and Limited Resourse Borrowing Arrangements

  Since late 2007, a Self-Managed Superannuation Fund (“SMSF” or “Fund”) has been allowed to borrow money for investment purposes following the introduction of an additional exception to the general borrowing prohibition – one that continues to exist under superannuation law. This additional exception to the borrowing prohibition is provided in the form of a limited recourse type of borrowing. In essence, the relevant asset is held on trust to provide limited security for the outstanding loan, but the benefits of the ownership (such as rent or dividends) flow directly to the Fund. If the Fund defaults on the loan,

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Self-Managed Superannuation Funds (SMSFs) & Derivatives

Under super law, derivative means ‘a financial asset or liability the value of which depends on, or is derived from, other assets, liabilities or indices’. A derivatives contract means ‘an option contract or futures contract relating to any right, liability or thing’.  They are an allowable investment for a SMSF, subject to certain conditions. Super law outlines very few restrictions on exactly what type of investments Fund Trustees are able to invest in, however the law as how those assets are structured can be very prescriptive. In the case of a Fund’s investment in derivatives the main issue is the

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About Self-Managed Superannuation Funds

  Overview A Self-Managed Superannuation Fund (“SMSF” or “Fund”) is in simple terms a regulated superannuation fund controlled by you, as trustee, for your retirement. For nearly two decades SMSFs have been the fastest growing sector of superannuation. An SMSF gives its members the ability to invest their superannuation assets directly into a wide variety of assets, which can include: • cash • shares • managed funds • term deposits • private assets (direct residential and commercial properties, art, antiques, collectables, business real property, private companies). SMSF’s also allow members more influence over the way their superannuation is managed, and

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5 Changes To Make To Your Morning Routine, According To Dietitians

This article has been republished from AIA Vitality-Vlife September 2017 If the idea of a total overhaul to your eating habits seems overwhelming, start with a simple change at the start of your day. You don’t need to make drastic changes to improve your diet. For those of us looking to improve our health, the idea of making a drastic change to our diets can seem overwhelming. Thanks to the proliferation of the #CleanEating craze, particularly on social media, it’s easy to assume that any effort to improve our health must be on absolute terms. 1. Make your first meal

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5 Top Tips To Managing Your Cashflow And Budgeting

Cash flow is king.. it’s a cliché that is synonymous with business accountants alike. But for some reason has been lost within our consumer driven lifestyle of today. Understanding your personal finances is the foundation of reaching any sort of success with your financial goals. It is what enables you to travel, buy investments and even go out with friends. The difference between getting it right early can leap frog you in front of your peers quicker than you think. The stigma attached with cash flow management and budgeting is, that it is boring. There is nothing sexy about budgeting and

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Helping Your Kids Learn About Money

Do you ever take your child to the supermarket and let them hand the money to the cashier? Or maybe they’ve got their first piggy bank to stash away a few cents here and there? Whether you know it or not, your children are already developing a relationship with money that will last a lifetime.  Researchers at the University of Cambridge have discovered that children develop most basic finance concepts by age 7. In 2013, Drs Whitebread and Bingham released a report for the UK’s Money Advice Service which explained that the ‘cognitive and metacognitive processes’ that drive financial thinking

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We Chat With Mark From The Bennelong Kardinia

In this video Mark talks about the Bennelong Kardinia Absolute Return Fund. The Bennelong Kardinia Absolute Return Fund is a long/short Australian equity fund with long-term objectives of achieving double-digit annual rates of return and capital protection. Mark talks us through: The process and strategy of the fund How the strategy was performed How the portfolio is currently positioned McQueen Financial Group is a corporate authorised representative of Total Financial Solutions Limited. AFSL No. 224 954, ABN 94 003 771 579. This information is of a general nature only and does not consider your investment objectives, financial situation or particular needs.

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