How will a US interest rate hike affect clients of Hewison Private Wealth?
Alongside the Bank of Japan meeting this week, which resulted in a change of strategy and introduction of a new policy to spur inflation and boost economic growth, the US Federal Reserve meeting has also generated plenty of commentary.
As expected, the federal government has just announced changes to its superannuation reform package due to the very obvious reality that the previous super policies had no chance of getting through both houses of parliament in their previous form.
Recently I had a discussion with an investment manager who was explaining the process of risk profiling that his organisation was undertaking to determine their board’s appetite for risk in respect to their investment strategy. This was to then be used to create parameters for their investment manager to follow for prospective investment selection.
With Federal Parliament resuming this week, all eyes will be focused on Scott Morrison and the outcome of the Government’s proposed changes in superannuation announced in May’s Federal Budget.
As reporting season grinds towards its inevitable conclusion, many income investors will be dusting off their desk calculators to get a clearer picture of the dividends they can expect.