News & Resources
The latest news and information from the Summerhill Financial Services Team
September 1st, 2009
Helping people achieve their goals is what Summerhill Financial Services does. So it makes sense for us to support a community program with the same aim.
Western Chances helps talented and self-motivated young people in Melbourne’s western suburbs to realise their potential. Since 2003, it has awarded 1,430 scholarships to 599 young people, with an average value of $1,000 per grant each year. This means they’ve invested more than $1 million directly to young people. (more…)
August 19th, 2009
Direct life insurance can cost up to 8.5 per cent more and offer less.
Insurance companies are taking advantage of the more cautious mood of consumers and their underinsurance to crank up the marketing of direct life insurance but the explosion of choice makes it difficult to work out if that special offer you receive in the mail or see on television provides value for money. (more…)
June 18th, 2009
The Australian media and much of the financial services industry has recently been eating up acres of newsprint and clogging the airwaves with endless discussion about whether or not the domestic economy is in recession. (more…)
June 1st, 2009
The failure of traditionally active investing approaches is gaining increasing attention in the mainstream media. This comprehensive feature from The Christchurch Press in New Zealand cites the success several local advisors have had by implementing the Fama/French research in their own businesses.
Click here for the full article.
June 1st, 2009
The market downturn has again dispelled the myth that active managers outperform in bear markets, according to updated research by Standard & Poor’s. The S&P study found active funds trailed their benchmarks over the last five years across major equity and fixed interest asset classes.
Read the full article from The Sydney Morning Herald here.
May 31st, 2009
Read the Summerhill Winter 2009 newsletter
(more…)
May 26th, 2009
In the 2008-09 Budget, the Federal Government announced measures to reform income tests across the tax and transfer systems; these will come into effect from 1 July. This includes now taking into account items such as salary sacrifice superannuation contributions in benefit calculations. (more…)
May 26th, 2009
History has shown that dollar-cost averaging as an investment strategy in shares - particularly during bear markets - results in portfolios that are worth more. How? Well, there are a couple of tips you need to follow. (more…)
May 25th, 2009
Australia’s Reserve Bank has cut interest rates to their lowest point in nearly 50 years - with more tipped to go. But how much lower can they go? If at all? And what effect will the world financial situation have on rates rising? To fix or not to fix is more than a $64 question! (more…)
May 25th, 2009
This month’s Victorian state budget saw an increase to the First Home-Owner Grant, but the First Home-Owner Boost will be scrapped from January 2010. However, the First Home Bonus and will First Home-Owner Regional Bonus will continue. (more…)
