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Preparing for redundancy

Redundancy Redundancy occurs when an employer which might be an organisation, government body, public company or private company decides that your job or role no longer exists or is needed for their business or activities. It is harsh because a person may have dedicated themself to an occupation or organisation for a part or the […]

Australian Super Performance

The intention of this information is to provide clarity around different terms that are used in the context of superannuation performance or superannuation investment performance. These are terms that our clients often ask us. Australian super performance refers to the increase in value that Australian super funds generate for their investors over time, and it […]

Super retirement calculator: How much super do I need to retire at 60 in Australia?

How much do I need to retire at 60? How much do I need to retire early? There is no single answer for every person as it depends on the retirement you want including your lifestyle expenses, and many other objectives including whether you want to allow for contingencies such as aged care and estate […]

How to build wealth in your 20’s, 30’s & 40’s?

Build Wealth in Australia To build wealth in Australia requires an understanding of the legal, regulatory and financial environment and framework in Australia. It requires expertise from your financial adviser and discipline from you. It is very achievable. Having an objective to build wealth or create wealth, involves organising your financial affairs and circumstances at […]

How much life insurance do I need?

Life Insurance You need life insurance to protect your family if the worst happens. If they lose you, the pain will be great but it will be exacerbated with financial pain if you do not have life insurance. So ‘how much insurance do I need’. At Setch, prior to us answering ‘how much life insurance […]

Worst Performing Super Funds

Every year the Australian Prudential Regulatory Authority issues a report on the performance of super funds. Please refer to: https://www.apra.gov.au/news-and-publications/apra-releases-2023-superannuation-performance-test-results  What is the Australian Prudential Regulatory Authority (APRA)?  The Australian Prudential Regulation Authority (APRA) was established 25 years ago as an independent statutory authority that supervises institutions across banking, insurance and superannuation, and is accountable […]