News
23.08.11 - AXIS Financial Group is set to 'Make a Meal'
Staff from AXIS Financial Group were involved recently in the 'Make a Meal' Program at Ronald McDonald House. Ronald McDonald House accommodates the families of seriously ill regional children who are being treated in Princess Margaret Hospital. The 'Make a Meal' program allows volunteers to give families time off by preparing an evening meal, sharing the meal and cleaning up afterward. If you or your employer would like to be participate in future programs, see: http://www.rmhc.org.au/
27.07.11 - AXIS Financial Group recently held 2 well attended superannuation seminars in Kalgoorlie for our corporate clients
AXIS Financial Group recently held 2 well attended superannuation seminars in Kalgoorlie for our corporate clients. This followed on from our 2 seminars held in the South-West. The first was a retirement seminar for our corporate clients and the second seminar was open to all our clients and their family. This was on the topic of investment strategies and was delivered by our guest speaker Peter Thornhill. Peter is a highly entertaining speaker and convinced everyone that Term Deposits are high risk and that shares are low risk.
Last FY - AXIS Financial Group ran a successful insurance tender for AGC (AusGroup)
AXIS Financial Group ran a successful insurance tender for AGC (AusGroup). We were able to implement a group life policy (held through super) and a group salary continuance policy (standalone) for all the employees. This has already proved to be a highly prized employee entitlement as there have been a couple of claims since implementation.
Federal Government concern over advisory pricing models
There has been an abundance of comment in the media about advisory pricing models, particularly where an advisory company receives income from using a product as opposed to providing services to clients investing their money with them. At times, the opinion expressed on this issue seems to present more a wave of criticism than any informed debate. Over this financial year, AXIS Financial Group has responded to a detailed questionnaire to the Financial Planning Association (FPA) of Australia as well as responding to a consultation paper from the FPA on this particular subject.
AXIS Financial Group operates on a fee for service basis and provides clients with options on payment models, whether the client prefers to pay directly for our services or if they prefer to fund our fees, as disclosed, from their investment account. Product arrangements, whether superannuation or otherwise, are often entered into but not effectively reviewed on a regular basis. Indeed it is worth mentioning that the products now available are the consequence of recently improved systems capability, where new financial services product is being presented to the market just as the new systems capability is going through final testing. Just consider the potential for change in the next 10 years when you start to think of what is done now which was not possible just 5 years ago!