Windfall wisdom

Article Abstract:

What should be done with big lottery prizes is widely discussed, but seldom by those who actually need to solve the problem. Often the windfall is spent, and spent on the wrong thing. Tax implications and hiring an adviser are considered. Case studies are examined, with some discussion of large inheritances and large redundancy payouts (severance packages). In Australia 350 millionaires have been created by Tattersalls Lotteries (Tattslotto).

Personal Financial Mgmt, Amusement and recreation, not elsewhere classified, Lotteries, Other Gambling Industries, Psychological aspects, Statistical Data Included, Financial planning, Personal finance, Statistics, Lottery industry, Lottery winners

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Reclaim your super

Article Abstract:

This article discusses the Australian governments plans to allocate unclaimed superannuation contributions, or pension funds, to the federal government. The Association of Superannuation Funds of Australia suggests that this arises from an error on the part of the federal government and provides information on how investors can track their own funds.

Planning, Pension funds, Retirement planning

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Hedging international bets

Article Abstract:

This article discusses how currency movements impact the long term returns of investment funds. Issue duscussed also include the benefits of investing in international share funds and the necessity of hedging.

World, Evaluation, Cover Story, International economic relations, Money, Finance

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