The power of social proof (or how ‘herd behaviour’ can drive investment bubbles and busts)

By Fidelity International (reproduced with permission) Social proof is when people follow the actions of others in an attempt to reflect the “correct” behaviour for a given situation. This urge to conform to established patterns or to follow the lead of perceived authority figures, trendsetters or simply people “in the know” is the social glue[…]

How long will your savings last in retirement?

Try our ‘Money Life Calculator’ To roughly work out the life expectancy of your retirement savings, just go to the column which matches the average annual earning rate your investments should achieve (net of fees), then move down that column until you reach the average annual drawdown rate (see far left hand column) you will be[…]

Research shows that Australian families have only 38% of the life insurance cover they need

If something unexpected happened and you could no longer financially support your family, it would be comforting to know that your life insurance would provide for you. But recent research from Rice Warner suggests that wouldn’t be the case for most families*. Here’s what they found: 38% Rice Warner found that the median level of[…]