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Recent Questions & Answers

Changing to a trauma policy

About 3 years ago when my husband passed away suddenly I panicked about what I’d do alone if anything happened to me, and I couldn’t repay our mortgages.

I’m 55 now, I have a policy with Macquarie that has life, TPD and trauma together – but it is costing a fortune.

How do I change to a trauma policy only, without losing the benefit of age 3 years ago, when I took the policy out with level premiums?


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PERLS V11 Capital Notes

Thanks for your good cover on PERLS.

I would like to ask as you have not covered if,

  • it is worthwhile to convert PERLS 5 to 7? And what if we do not?

 


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Scentre Group

In my SMSF at 30/6/14 we held 2,000 Westfield Group (WDC).

Under our entitlement we received 2,492 Scentre Group, plus 2,000 Westfield Corp.

Having since sold the 2,492 Scentre need to know the cost base for the entitlement.

Have tried reading the 400 odd page Westfield document but still no the wiser. Can you help please?


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Telstra buyback – are returns good?

Great article by Paul Rickard on Telstra off market buyback. Given there will be only some 180 million shares purchased would it be fair to say virtually every shareholder will be lucky to sell 1,000 shares and therefore, although it is a no brainer for those in pension phase, the amount of money involved is small ?


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