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You say you expect the EU to sign up to more fiscal discipline. Won’t increased austerity be a negative factor weighing on the global economy?
Also, whilst the European Central Bank can help out individual nations, it is difficult to see how the ECB can help Europe overall?
I am the sole member of my SMSF and have requested the corporate trustee pay benefits on my death to the executor of my estate. I have made a detailed provision in my Will for the division of this and my other assets. Are there any problems with this approach?
I noticed at the bottom of your newsletter a link to UBank High Interest bearing account at over 6% for 6 months. I have a small SMSF and enquired about this facility. I was told that if you had more than two trustees in your SMSF this product was not available to you. Just wondering if you could verify this for me?
Can you please clarify your comment regarding exiting the hybrid if the share price drops (Read, Three high-yield investment options)? This should not impact the yield, but I would have thought it provides the opportunity to buy additional units at a cheaper price, providing even higher yield.