Firstly to the banks, which have been receiving just the right amount of attention based on this time of year.
A few notables:
CBA’s legal beagles were keeping a close eye on the Tabcorp’s recent trial on AML/CTF breaches specifically because
SMSF’s are one of the fastest growing assets classes within the Australian financial landscape and for good reason. SMSF’s offer attractive tax incentives, greater opportunity to diversify assets and can be more cost effective than traditional retail or industry super funds.
When it comes to diversification with an SMSF, a trustee(s) is not limited by choice. Asset classes, such as shares, property, cash and fixed interest are readily available and easily accessible. However, in an age of social responsibility, does an SMSF trustee have the opportunity to realise investment returns while not compromising their values?
Firstly, what is a socially responsible investment? There is no set definition for such a term; historically one invested for the sole purpose of maximising returns. Socially responsible investing is a strategy that seeks that outcome but also adds the parameter of seeking social good. In recent times, the term, environmental, social and corporate governance (ESG )has been the term used to define that social good.
This weekend is Mother’s Day in Australia and there is no better time to show Mum that you appreciate all her efforts and hard work. It’s a day for the whole family, when Mums and Grandmas are bought flowers, taken out to lunch and showered with gifts.
However with a bit of extra thought, you can help her enjoy the special day while also protecting the environment, maintaining a responsible attitude to your community and supporting ethically-sound and socially just business models.
Celebrating Mother’s Day in a socially responsible way is easy. Here are a few ideas to get you started.