Super scams & secret fees: First guardian case + cost analysis
In this Australian Retirement Podcast episode, your hosts Drew Meredith, from Wattle Partners, and James O'Reilly, from Northeast Wealth tackle a heartbreaking listener story about potentially losing $94,000 in the First Guardian collapse. Plus, the Boomer Briefing on transaction fees, platform strategies, and knowing when to quit competitive sport! HINT - the time is now
If you like this Australian Retirement Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts.
Topics covered today:
- When is it time to quit competitive sport?
- Boomer Briefing: Keep an eye on transaction fees (but don't just focus on fees)
- Why use a platform? Quarterly reviews, rollovers and deployment strategies
- Today's big question: First Guardian super scam - listener loses $94K from $134K balance
- Understanding greed-based scams and warning signs
- AFCA complaints process and Consumer Scheme Levy Relief (CSLR)
Resources for this episode
- Ask a question (select the Retirement podcast): https://bit.ly/R-quest
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER:
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
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43:18
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43:18
The money reset you need before you retire
In this episode of the Australian Retirement Podcast, James O'Reilly, from Northeast Wealth is joined by RASK Superstar Gemma Mitchell- co-host on the Australian Finance Podcast, financial adviser and now author of the Money Reset.
Retirement is one of the biggest money resets Aussies will face – and in this episode, Gemma and James show how life’s disruptions can become powerful turning points when handled with intention. They break down why mindset matters just as much as the money moves, and share stories, strategies and real-world examples to help you step into retirement with clarity and confidence.
Topics covered today:
- Why retirement is the ultimate money reset for Australians
- Defining and adjusting your non-negotiables in retirement
- The “sleep at night test” and making decisions you can live with
- Why financial flexibility trumps financial freedom
- The importance of “Try before you buy” for big purchases and life changes
- Plus James and Gemma share lots of great tips and tricks to help you get ready for retirement.
If you enjoy this conversation on retirement and money resets, make sure to subscribe to the series on Apple, Spotify, YouTube or wherever you get your podcasts.
Resources for this episode
- Vote for James in the FS Power50 – show your support here
- Buy Gemma’s book “The Money Reset”
- Ask a question (select the Retirement podcast)
Rask Resources - these are included by default
- All services
- Financial Planning
- Invest with us
- Access Show Notes
- Ask a question
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG)
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35:42
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35:42
Why active fixed income may beat passive: Kanish Chugh (PIMCO) [Part 1/2]
This episode was originally featured on the Australian Investors Podcast.
Your hosts Owen Rask and Kanish Chugh from PIMCO discuss part 1/2 on active income vs passive income:
– Why passive bond ETFs may underperform in volatile markets
– What active fixed income managers do differently
– How PIMCO builds its bond portfolios and manages risk
– Why Aussie investors are shifting towards active fixed income strategies
If you love learning about fixed income, bonds and investing strategies, subscribe to the Australian Investors Podcast on **Apple, Spotify, or YouTube!**
Follow us on Instagram and TikTok for more investing insights.
– The flaws in fixed income indices and why passive may be suboptimal
– PIMCO’s approach to security selection and credit analysis
– SPIVA data showing active outperformance in fixed income
– How active bond funds manage risk, duration and credit exposure
– Why Aussie investors should look beyond passive bond ETFs
– How to evaluate a fixed income fund manager
📄 Learn more about fixed income strategies:
– Check out PIMCO's bond ETF PAUS:
https://www.pimco.com/au/en/investments/etf/pimco-australian-bond-fund/ausetf-aud
– See PIMCO's Global Bond Fund:
https://www.pimco.com/au/en/investments/managed-fund/pimco-global-bond-fund/wholesale-aud
– Find PIMCO's Income Fund:
https://www.pimco.com/au/en/investments/managed-fund/pimco-income-fund/wholesale-aud
– Learn with our FREE Value Investor Program:
https://education.rask.com.au/cart/?add-to-cart=44163
~~ Rask Resources ~~
🔗 Explore all Rask services – https://bit.ly/R-services
📋 Get Financial Planning – https://bit.ly/R-plan
📈 Start investing with Rask – https://bit.ly/R-invest
📜 Access Show Notes – https://bit.ly/R-notes
❓ Ask a question – just select the Investor Podcast – https://bit.ly/R-quest
📲 Follow us on social media:
– Instagram: @rask.invest
– TikTok: @rask.invest
This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.
If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg.
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37:12
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37:12
Death & taxes: What happens to your family trust when you die? (+ NVIDIA $4T!)
In this Australian Retirement Podcast episode, your hosts Drew Meredith, from Wattle Partners, and James O'Reilly, from Northeast Wealth discuss investing through bucket companies, estate planning with complex entity structures, and answer listener questions about investment bonds vs company investing for children's education and offset account strategies in retirement!
Chapters (approximate)
(00:00) Introduction
(03:01) James' Interesting Shirt
(05:20) NVIDIA's Huge Valuation
(10:27) Investing in Bucket Companies
(20:01) Complexity of Estate Planning
(23:06) Investment Bond vs Company Investment
(27:23) Offset Account for an Emergency Fund
Topics covered today:
– Investing in bucket companies (Pty Ltd) - tax benefits, drawbacks, and alternative investment structures
– Planning for death with complex entity structures - how family trusts and Pty Ltd companies work on death
– Superannuation distribution on death - how super is paid out and managed
– Getting the next generation involved in wealth planning and family structures
– The role of an adviser in helping navigate complex estate planning with multiple entities
– Offset account strategy in retirement and two different views on offset accounts
Resources for this episode
Ask a question (select the Retirement podcast): https://bit.ly/R-quest
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
#retirement #australia
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39:25
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39:25
How important is money when it comes to retirement happiness?
In this episode, James O’Reilly sits with Challenger’s Chief Executive, Mandy Manniz, to discuss the findings of Australia’s biggest study on happiness for people aged over 60. They talk about the surprising findings and how you can get more certainty to achieve a better - and happier - retirement.
This is a must-listen for any pre-retiree or retiree wanting to get the most from the money and their lives.
Chapters (approximate)
(00:00) Introduction
(5:16) Happiness Index Overview
(10:50) Super Balances
(14:49) Financial Education
(19:56) Mandy's Customer Overpaid?
(23:23) Die With Zero
(27:42) Mental Health, Having Purpose & Social Connections
(31:38) The Importance of Physical Health
(34:50) Anxiety About Retirement Savings
(36:44) Mindset that Improve
Topics covered today:
– Why Challenger commissioned this study
– How happy are Aussies over Age 60?
– What are the major drivers of happiness for pre-retirees and retirees (hint: it’s not money!)?
– Why are women often left behind in this area – and what can they do about it?
– Why financial confidence is so tightly linked to overall happiness in retirement
Resources for this episode
– Challenger’s Happiness Index
– Ask a question (select the Retirement podcast)
Rask Resources
All services: https://bit.ly/R-services
Financial Planning: https://bit.ly/R-plan
Invest with us: https://bit.ly/R-invest
Access Show Notes: https://bit.ly/R-notes
Ask a question: https://bit.ly/R-quest
DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg
#retirement #australia
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The Australian Retirement Podcast by Rask is your field guide to retirement, hosted by financial advisers Drew Meredith and James O'Reilly. If you're 45 and up, planning for retirement, transitioning now, or already there, we cover all of the topics you want and need to know: Super, tax, investments, legacy, work, behavioural psychology and maybe even a few travel tips.
Get retirement advice: https://bit.ly/R-plan
Ask a question (select the Retirement podcast): https://bit.ly/3QtiY00
In every episode of the podcast, in the description provided, you will find our key resources, including:
A link to work with us and our expert teams
A link to the free Rask community - join the conversation, it's free.
A link to ask us questions for the podcast - it's a free service we offer to educate thousands of Australians, and
Extra resources for each episode
Don't forget, this Rask podcast contains general financial information only, issued by The Rask Group Pty Ltd. The information does not take into account your financial needs, goals or objectives, so be sure to speak to a licensed and trusted financial planner before acting on the information. You can find more information about Rask podcasts and services provided at www.rask.com.au/FSG
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