SAKS Financial Services Blog

  • The Evolution of Paraplanning
    Paraplanners are the legends of financial advice practices who are working diligently behind the scenes to provide all the technical and administrative support for the advisers in the stringent regulatory environment. In the past it was normally the advisor who worked with the client at every stage of the financial advisory process, leaning on the […]
  • Planning for Retirement in Today’s Uncertain Environment
    Creating a plan has never become significant than today because of the uncertain economic, financial and health-related downturns happening across the globe. Risks are arising that can affect even the most carefully designed retirement plans. Who would have thought of a pandemic crisis like COVID-19, back in 2017? Can you predict your future? Market volatility […]
  • Outsourcing Finance & Accounting as a Strategy for SMEs
    Mark McRae is identified as one of the Sunshine Coast entrepreneurs in Australia who owns more than 30 companies. According to him, “Outsourcing can give you an array of highly skilled professionals from all over the world despite the size of your company. To produce a documentary, you can hire a scriptwriter in the USA, […]
  • Post-USA Election Impact on Global Markets
    Post-USA Election Impact on Global Markets We all know the outcome of the world’s most-followed political event, the US presidential election, not because they are exciting, but they affect the geopolitics of the world, thus affecting the global markets.  For instance, Donald Trump’s pro financial growth and development stance impressed the market most, but his […]
  • Federal Budget of Australia 2020-2021
    The revised economic and fiscal strategy recognizes economic growth and job creation are the key two aspects to ensure a sustainable budget position over time. The government strategy can be divided into two phases. The first phase being the COVID-19 Economic Recovery Plan that focuses on job creation, medium-term stabilizing, and reducing debt as a percentage of the economy. The second phase will start once the unemployment rate is below 6% and the economy has come to the previous stabilized level. The focus on the second phase is reducing debt as a share of GDP and long-term stability.