A joint account is a bank account that more than one person can access. It can make it easier to manage shared expenses, but also comes with the risk of sharing access to your money. A joint account can be any kind of bank account: savings, transaction or term deposit.
Protecting income from unexpected illness and injury is particularly important to anyone with a mortgage to service, small business owners and self-employed people with no sick leave available. With income protection insurance, you can be paid some 70 per cent of your income for a specified period to help when
Having your own super fund provides more control, but they’re not for everyone. The number of Australians choosing to manage their own superannuation investments – both before and during retirement – has been progressively increasing over time. Current data from the Australian Tax Office (ATO) shows around 1.15 million people
