Financial advice can be valuable, but for plenty of Australians, the cost puts it out of reach. So could super funds hold the key to closing the advice gap?

On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Rudy Leong, senior private wealth adviser at UniSuper, to discuss the type of financial advice members can currently access through their super funds and how that could change in the future.

00:00 Introduction

01:56 What is the financial advice gap?

04:00 What advice can super funds currently provide?

06:10 Does advice through a super fund cost money?

07:42 Overview of the financial advice reforms

10:00 What the reforms could mean for super fund members

11:49 The opportunities and risk of AI in financial advice

14:34 One question everyone should ask their super fund

15:46 ConclusionPodcast Links:

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

Get stories like this in our newsletter: https://bit.ly/4pKl3ai

From October, card surcharges will become a thing of the past. But while the change promises savings for cardholders, it could have ripple effects beyond the checkout.

On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Adele Eliseo, founder of The Champagne Mile, to explain what's changing, who's likely to benefit and why credit cardholders need to pay close attention.

00:00 Introduction

01:34 What happens to card surcharges from October?

03:42 Why are card surcharges being banned?

04:40 How much are consumers likely to save?

05:32 The impact on rewards credit cards

07:03 How banks are already changing rewards programs

08:27 What rewards card holders should do now

10:10 Conclusion

#friendswithmoney #tomwatson #adeleeliseo #creditcardsPodcast Links:

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

Get stories like this in our newsletter: https://bit.ly/4pKl3ai

Australia's sharemarket may be dominated by a handful of large miners and banks, but there are plenty of opportunities beyond the heavyweights.

On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Jamie Hannah, deputy head of investments and capital markets at VanEck, to discuss the risks and rewards offered with small caps and mid caps.

00:00 Introduction

01:17 What are small caps and mid caps?

03:33 Behavioural differences

05:07 The mid cap sweet spot

06:18 How have small and mid caps performed?

08:36 The investment case for smaller companies

11:21 How much should investors allocate to small and mid caps?

13:19 The key risks of investing in smaller companies

15:30 Options for gaining exposure to small and mid caps

16:31 Local and international ETF opportunities

19:25 Conclusion

#friendswithmoney #tomwatson #jamiehannah #investing #smallcaps #midcapsPodcast

Links:

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

Get stories like this in our newsletter: https://bit.ly/4pKl3ai