Autumn2014

Welcome to the

AUTUMN EDITION

Contact UsHammock Financial GroupTel 07 4642 1179Email hello@hammockfinancial.com.auWeb www.hammockfinancial.com.auAddress Lvl 1, 516 Ruthven St, ToowoombaPostal PO Box 1869, Toowoomba Qld 4350

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For important information about us, our services and to read our Financial Services &Credit Guide (FSCG) please visit www.hammockfinancial.com.au.

Autumn Edition 2014

Autumn 2014

The gift every mum should give herselfMothers are the masters of multi-tasking but oftenhave little spare time to look after themselves. ThisMother's Day there is one important gift motherscan give themselves - the gift of a secure financialfuture by ensuring their super is on track.

In this issue...

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p. 7Common myths and mistakes of investingThe increasingly complex nature of investmentmarkets leads many to adopt simple rules of thumboften based on common sense, when makinginvestment decisions. Unfortunately though, theforward looking nature of investment markets meanssuch approaches often cause investors to miss outon opportunities at best or lose money at worst.

Making a smooth transitionRetirement used to represent a sharp break with thepast-one day you were working full time, the next youwere sitting at home with the rest of your life ahead ofyou. These days, the transition doesn't have to bequite so abrupt.

p. 13Saving is a family affairYou eat together, play together and live under thesame roof – so why not save together? Simplesaving ideas for the whole family!

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Australia's growing population - get readyWith Australia's population expected to swell bymid-century and the first wave of baby boomersreaching retirement, building up the nest egg hasbecome more important than ever.

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Access your finances on the move Technology is changing the way we live. Whether it'sbuying our groceries or finding out what's happeningin the world, we expect instant access. And it's nodifferent when it comes to our money.

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Ideas that won't break the budgetMother's Day Special! We've scoured the internet forclever ideas every day people are coming up with.From cheap and tasty recipes, clever usesfor everyday things and DIYs that will blowyour mind, we're on it and want to share it with you!

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OCT12 14Mother's

Day3

The gift

Mothers are the masters of multi-tasking,rarely blinking an eyelid when it comes tojuggling work, parenting and running ahousehold. Because busy mums are oftencaught up in the day-to-dayresponsibilities of caring for others, theyoften have little spare time to look afterthemselves.

But there is one important gift motherscan give themselves on Sunday, May 12 –the gift of a secure financial future. ThisMother’s Day, every mum should make apromise to get their super on track onceand for all.

According to recent statistics, the averagesuperannuation payout at retirement forwomen is $112,600 compared with$198,000 for men.*

The reasons women have less super:  

There are some steps women can take torectify this super imbalance and helpensure they retire with enough money tolive on - an even more important goalwhen you consider that women have alonger life expectancy than men. Thismeans women are on average spending alot more time in retirement than men sotheir super needs to last longer.

EVERY MUMshould give herself

Women are more likely to workpart-time or casuallyWomen earn, on average, 17 per centless than men and are less likely to holdsenior or managerial positionsWomen often take time out of theworkforce while raising a family  

$198,000

$112,600

* Source: ‘Women and Super – the Facts’, 2013, AustralianInstitute of Superannuation Trustees.

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Top super boosting tips for women

Take stock of your super – Firstly,get your superannuation statementout and check how much you have.Consider the lifestyle you want inretirement and seek professionaladvice. A financial planner can helpyou work out exactly how muchsuper you will need and a strategyfor achieving your desired nest egg.According to the FederalGovernment’s Money Smartwebsite, a couple retiring at age 65with a life expectancy of 85 will need$412,000 to live a modest lifestyleand $716,000 for a comfortablelifestyle.

Consolidate your super – Womenoften have multiple super funds,because they are more likely to workin part-time jobs and may changeemployment more frequently. Small,dormant accounts can be eroded byfees, so it can be beneficial toconsolidate your super into a singlefund. Websites such aswww.findmysuper.com.au can helpyou track your missing super. 

Salary sacrifice – While youremployer must contribute the 9.25per cent Government SuperGuarantee (increasing to 9.5% from 1July 2014), you can boost your nestegg dramatically by salary sacrificing

and the earlier you start the better.Depending on how much you canafford, try to put another 2-5 percent of your income into your super.Under the current rules, you can addup to $25,000* of pre-tax earnings(less your SG contributions) to yoursuper each year and have it taxed atthe concessional rate of 15 per cent –rather than at your marginal taxrate. 

Spouse contributions – This is a goodstrategy for women if they are notworking or are working part-timewhile raising a family. Their partnercan make contributions to theirsuperannuation and potentiallyreceive an 18 per cent tax offset.Over the years, this will help bridgethe gap between a couple's superaccounts.

Co-contribution – Lower incomeearners should also make the most ofthe Federal Governmentco-contribution scheme. If you earnunder $33,516 and make a personalafter-tax superannuation contributionduring the 2013/2014 financial year,the Government will match yourcontributions at a rate of 50 per centup to $500 per year.

* Or up to $35,000 pa if you are 59 years or older

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There are many other ways women canboost their super and a financial plannercan help you work out the best strategyto suit your personal needs, whetheryou're a part-time or full-time employee,stay-at-home-mum or self-employed.   

While it is important for women to startbuilding their nest egg early on, it is nevertoo late to get your retirement planningon the right track, so why not pledge todo something about it this Mother’s Day.

YOU'RE SMARTSophisticated

&

IN CONTROL

Now feel thesame way about

your money

Now feel thesame way about

your moneyCall 07 4642 1179 for yourfree financial consultation!

mistakescommon

of investing

MYTHS&

The increasingly complex nature of investmentmarkets leads many to adopt simple rulesof thumb often based on common sense,when making investment decisions.Unfortunately though, the forwardlooking nature of investment marketsmeans such approaches often causeinvestors to miss out on opportunitiesat best or lose money at worst.This notereviews some of thecommon myths and mistakesof investing.

Whenever there is a downturn this argumentpops up. But if it were true then economieswould never recover from recessions orslowdowns. But they do. Rather, the boost tohousehold spending power from lowermortgage rates and any tax cuts or stimuluspayments during recessions eventually offsetsthe fear of unemployment for those stillemployed. As a result they start to spend morewhich gets the economy going again. In fact, itis normal for unemployment to keep risingduring the initial phases of an economicrecovery as businesses are slow to startemploying again fearing the recovery won’tlast. Since share markets lead economicrecoveries, the peak in unemployment usuallycomes after shares bottom. In Australia, theaverage lag from a bottom in shares followinga bear market associated with a recession to apeak in unemployment has been twelve and ahalf months.

Based on All Ords. Source: Bloomberg,Thomson Financial, AMP Capital

Myth # 1: Rising unemploymentmeans growth can’t recover

Hence the current cycle where the sharemarket has gone up despite risingunemployment and headline news of joblayoffs is not unusual.

This one is a bit like the unemployment myth.The problem is that it ignores the fact thatcapacity utilisation is low in a recession simplybecause spending is weak. So when demandturns up, profits rise and this drives higherbusiness investment which then drives upcapacity utilisation.

Again this myth sounds like good commonsense. However, senior business people areoften overwhelmingly influenced by their owncurrent sales but have no particular lead on thefuture. Until recently it seemed Australian 

Myth #2: Business won’t investwhen capacity utilisation islow

Myth #3: Corporate CEOs,being close to the ground,should provide a good guide towhere the economy is going

building material CEOs saw nosign of a pick-up in housingconstruction even though it wasgetting underway. Now it’swidely accepted. This is not tosay that CEO comments are ofno value – but they should beseen as telling us where we arerather than where we aregoing.

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A common mistake investors make at businesscycle extremes is to assume the business cyclewon’t turn back the other way. After severalyears of good times it is common to hear talk of“a new paradigm of prosperity”. Similarly,during bad times it is common to hear talk of a“new normal of continued tough times”. Buthistory tells us the business cycle will remainalive and well. There are no such things as neweras, new paradigms or new normals.

This “safety in numbers” concept has its origin incrowd psychology. Put simply, individualinvestors often feel safest investing in aparticular asset when their neighbours andfriends are doing so and the positive message isreinforced via media commentary. But it’susually doomed to failure. The reason is that ifeveryone is bullish and has bought into the assetthere is no one left to buy in the face of moregood news, but plenty of people who can sell ifsome bad news comes along. Of course theopposite applies when everyone is bearish andhas sold – it only takes a bit of good news toturn the market up. And as we have oftenseen at bear market bottoms this can be quiterapid as investors have to close out short (orunderweight) positions in shares. The trick forsmart investors is to be sceptical of crowds.

This is a classic mistake investors make which isrooted in investor psychology. Reflectingdifficulties in processing information and short 

Myth #4: The economic cycle issuspended

memories, recent poor returns are assumed tocontinue and vice versa for strong returns. Theproblem with this is that when its combinedwith the “safety in numbers” myth it results ininvestors getting into an investment at thewrong time (when it is peaking) and gettingout of it at the wrong time (when it isbottoming).

This is generally true over the long term and atvarious points in the economic cycle, but atcyclical extremes it is invariably very wrong.The big problem is that share markets areforward looking, so when economic data isreally strong – measured by strong economicgrowth, low unemployment, etc – the markethas already factored it in. In fact the sharemarket may then fret about rising costs, risinginflation and rising short term interest rates. Asan example, when global share markets peakedin October/November 2007 global economicgrowth and profit indicators looked good.

Of course the opposite occurs at market lows.For example, at the bottom of the globalfinancial crisis (GFC) bear market in March2009, economic indicators were very poor.Likewise at the bottom of the mini-bear marketin September 2011 economic indicators werepoor and there was a fear of a “double dip”back into global recession. But despite this “badnews” stocks turned up on both occasions, withbetter economic and profit news only comingalong later to confirm the rally. History indicatestime and again that the best gains in stocks areusually made when the economic news is poorand economic recovery is just beginning or noteven evident, as stocks rebound from beingundervalued and unloved.

Myth #5: Crowd supportindicates a sure thing

Myth #7: Strongeconomic/profit growth is goodfor stocks and vice versa

Myth #6: Recent returns are aguide to the future

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While this might work over the long term, itsuffers from the same weakness as Myth #7.By the time demand for a product (eg, newresidential homes) is really strong it shouldalready be factored into the share prices forrelated stocks (eg, building material and homebuilding stocks) and thus they might even startto start to anticipate a downturn.

In principle this should be true as strongereconomic growth should drive strongerrevenue growth for companies and hence fasterprofit growth. It’s the basic logic why emergingmarket shares should outperform developedmarket shares over time. But it’s not alwaysthe case for the simple reason that oftencompanies in emerging countries may not befocussed on maximising profits but rather maybe focussed on growing their market share orsocial objectives such as strong employmentunder the influence of their government.

It's common sense that if the government isborrowing more (higher budget deficits) thenthis should push up interest rates (the cost ofdebt) and vice versa, but it often doesn’t turnout this way. Periods of rising budget deficits 

Myth #8: Strong demand for aparticular product or stockmarket sector should seestocks in the sector do well andvice versa

are usually associated with recession or weakeconomic growth and hence weak privatesector borrowing, falling inflation and fallinginterest rates so that bond yields actually fall notrise. This was evident in both the US andAustralia in the early 1990s recessions andevident through the GFC that saw risingbudget deficits and yet falling bond yields.

This mistake was clear through the GFC. Acommon strategy had been to build up morediverse portfolios of investments with greaterexposure to alternative assets such as hedgefunds, commodities, direct property, credit,infrastructure, timber, etc, that are supposedlylowly correlated to shares and to each other.Yes, there is a case for such alternatives, but lastdecade this generally led to a reduced exposureto truly defensive asset classes like governmentbonds. So in effect, investors actually begantaking on more risk helped by the “comfort”provided by greater diversification. Butunfortunately the GFC exposed the danger inallowing such an approach to drive anincreased exposure to risky assets overall. Apartfrom government bonds and cash, virtually allassets felt the blow torch of the global financialcrisis, as supposedly low correlations amongstthem disappeared.

Myth #9 Countries withstronger economic growth willsee stronger equity marketreturns

Myth #11: Having a welldiversified portfolio meansthat an investor can take onmore risk

Myth #10: Budget deficits drivehigher bond yields

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For many, the motivation to reduce tax is a keyinvestment driver. But there is no pointnegatively gearing into an investment to get atax refund if it always makes a loss.

I have to be careful with this one! But thereality is that no one has a perfect crystal ball.And sometimes they are badly flawed. It is wellknown that when the consensus of experts’forecasts for key economic or investmentindicators are compared to actual outcomesthey are often out by a wide margin. Forecastsfor economic and investment indicators areuseful, but need to be treated with care. Andusually the grander the call – egprognostications of “new eras of permanentprosperity” or calls for “great crashes ahead” –the greater the need for scepticism as suchstrong calls are invariably wrong.

Like everyone, market forecasters suffer fromnumerous psychological biases and precise pointforecasts are conditional upon informationavailable when the forecast is made but needadjustment as new facts come to light. Ifforecasting the investment markets was so easythen everyone would be rich and would havestopped doing it. The key value in investmentexperts’ analysis and forecasts is to get a handleon all the issues surrounding an investmentmarket and to understand what the consensusis. Experts are also useful in placing currentevents in their historical context and 

Myth #12: Tax should be thekey driver of investmentdecisions

this can provide valuable insights for investors in termsof the potential for the market going forward. This is farmore useful than simple forecasts as to where the ASX200 will be in a year’s time.

The myths cited here might appear logical andconsistent with common sense but they all suffer oftenfatal flaws, which can lead investors into making poordecisions. As investment markets are invariably forwardlooking , common sense logic often needs to be turnedon its head when it comes to investing.

Written by:Dr Shane OliverHead of Investment Strategy and Chief EconomistAMP Capital

Important note: While every care has been taken in thepreparation of this article, AMP Capital InvestorsLimited (ABN 59 001 777 591, AFSL 232497) andAMP Capital Funds Management Limited (ABN 15159 557 721, AFSL 426455) makes no representations orwarranties as to the accuracy or completeness of anystatement in it including, without limitation, anyforecasts. Past performance is not a reliable indicator offuture performance. This article has been prepared forthe purpose of providing general information, withouttaking account of any particular investor’s objectives,financial situation or needs. An investor should, beforemaking any investment decisions, consider theappropriateness of the information in this article, andseek professional advice, having regard to the investor’sobjectives, financial situation and needs. This article issolely for the use of the party to whom it is provided.

Myth #13: Experts can tell youwhere the market is going

Conclusion

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FAMILY AFFAIRSaving is a

IDEAS FOR THE ENTIRE FAMILY

Simple saving ideas

for the whole family

While many parents bear the brunt of theirbrood’s finances, it’s a good idea to considermaking household saving a family affair byinvolving kids in the process.

With the cost of living on the rise, manyAustralian families are finding it hard to keepup with today’s growing list of expenses.Groceries, petrol, mobile phones, and kids’sport – the bills just keep adding up.

It is never too early to teach your childrenabout money, shape positive habits, andinstil valuable life lessons. By getting thewhole family on board, not only will youhelp your kids develop into money savvyadults, you’ll also play a helping hand increating a more prosperous future for youand your spouse.

Simple saving ideas for the entire family :

1. Plan for the futureA goal without a plan is just a wish, so it’simportant to take the time to sit down as afamily and discuss your financial priorities forthe year ahead. Whether you plan to buy anew family car, have an overseas holiday orupgrade to a bigger home, establishing clear 

goals will help you to prioritise what’simportant for your family now and into thefuture. Get your kids involved by asking themwhat they hope to achieve this year. If fundsare tight, prioritise the list together byworking out what is most important to makesure they don’t miss out.  

2. Be a positive role model Kids form many of their habits and attitudesearly on by watching their parents, so it isimportant that you demonstrate goodfinancial practices whenever possible. Usinglay-by rather than relying on credit cards willshow your children that you should onlypurchase what you can afford. You can alsoteach your kids to be savvy spenders byshowing them how to shop around for thebest price. Modelling positive financialdecision-making will help your kids avoid thedangerous path of debt later in life.

3. Spread the loadKids should be made aware of how theiractions impact on household finances early inlife. While younger children shouldn’t beexpected to make financial contributions, theyshould be able to contribute around thehouse. Simple measures such as turning off 

You eat together, play together and live under the same roof –so why not save together?

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the lights, having shorter showers and unplugging computers from the wall at night can all make abig difference to household running costs. By setting these expectations early on, your kids will be onthe right path to managing their own expenses when they leave home.

4. Cost of responsibilityWith the cost of rent increasing, young adults are flying the coop much later in life. It’s important toensure children over the age of 18 are contributing to household expenses financially, rather thansimply helping out with chores. Sit down with your child and go through your household expenses.Explain that in order to remain at home, you expect them to set aside weekly amounts of money tocover their share of board, groceries, utilities and mobile phone costs. Not only will this give youngadults a greater share of responsibility, it will also encourage them to enter the workforce.

Nothing in life comes free, and the earlier kids learn this, the better off they will be when it comesto managing their own finances as they get older. 

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SMOOTHmaking a

Retirement used to represent a sharp breakwith the past—one day you were workingfull time, the next you were sitting at homewith the rest of your life ahead of you.These days, the transition doesn’t have to bequite so abrupt.

Many Australians are keeping themselvesactive and engaged by continuing for longerin the workforce on a part-time orcontractual basis. In fact, more than two infive Australians who work full time andintend to retire are looking to reduce theirhours first.[1]

The good news is that in the few years priorto retirement you can start to draw anincome from your retirement nest egg whileyou continue working and contributingtowards your super.

Access your super the smart tax wayIf you’ve reached your super ‘preservationage’ (currently 55 but rising to 60), youcan take some of your existing super as anincome stream to help make your transitionto retirement a smooth one.

This is called a transition to retirement (TtR)strategy. And it can be very tax effective.

There are two main ways you can use a TtRstrategy.

1. Less work, potentially the same after-taxincome The first option is a TtR strategy that mayallow you to cut down your working hourswhile maintaining the same level of after-taxincome. 

Let’s say you’re over 55, you earn $75,000a year before tax and you have $250,000in your super. 

With a Transition to Retirement strategy you can continueworking AND access your super.

TRANSITION

You can continue to work and contributetowards your super using tax-effectivesalary sacrifice contributions.You can top up your income with atax-effective income stream from yourretirement account (between 4% and upto 10% of the account balance can bedrawn each year).And there’s even a way to ‘refresh’ yourTtR strategy every year for potentiallyeven more tax benefits

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As shown in the table below, by using a TtRstrategy, you can maintain your after-taxincome, despite reducing your work hours.

But it does come at a price—your superbalance may dwindle over time as you drawdown your pension payments.

2.    Same hours, more superThe other option is a TtR strategy that mayallow you to maintain your work hours, butincrease your salary sacrifice contributions tosuper, and supplement your income with aTtR pension so that there is no reduction inyour after-tax income.

So let’s say you’re over 60, earning$60,000 a year before tax and you have$200,000 in your super, and you choose touse the full amount to start a pension.

As shown in the table below, together withyour pension income, you can salary sacrifice$24,380 a year and still receive the sameamount of after-tax income in your pocket.

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What’s more at the end of the year, you’veboosted your super by $953. If you do thisfor ten years, that’s potentially an extra$9,530 for your retirement, simply bymanaging your money in a different way.

Finding the right balanceA TtR strategy can be an effective way toboost your super savings, but it also hassuperannuation, taxation and social securityimplications.

We can help you strike the right balanceand work out how to make your transitionto retirement.

To find out more about TtR strategies orwhether a TtR strategy may be suitable foryou, call us today on 07 4642 1179.

What you need to knowThe examples provided are illustrative onlyand are not an estimate of the income youwill receive or fees and costs you will incur.The examples are based on the followingassumptions:

$35,000 p.a. concessional cap forindividuals aged 60 and over, and afterallowing Superannuation Guaranteecontributions of 9.25%, the concessionalcap is not exceeded.Tax rates for 1 July 2013 have beenappliedIndividual earns less than $300,000 pa

[1] http://www.ausstats.abs.gov.au/ausstats/subscriber.nsf/0/61A0264E827F59C4CA25768E002C8F72/$File/62380_jul%202008%20to%20jun%202009.pdf

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There are 5.2 million boomers inAustralia born from 1946 to 1964.This compares with six milliongeneration Xers born between 1965and 1983. Generation Y, born acrossthe 18 years to 2002, is expected topeak at about 7.4 million nextdecade. [1]

Get ready!

GROWING

With Australia’s populationexpected to swell by mid-centuryand the first wave of baby boomersreaching retirement, building up thenest egg has become moreimportant than ever. [2]

POPULATION

AUSTRALIA'S

Late boomers, generation X and Yhave contributed to theirsuperannuation fund for most of theirworking lives and are expected to belargely self-funded in retirement fromthe mid-2020s onwards. However,there is a large gap for the babyboomers retiring now between the

superannuation they have and theamount they need for retirement.Either generation X and Y will beforced to support them in the formof more taxes, or Australia will needto import more taxpayers to spreadthe load. [3]

Generational Each generation has its ownfinancial challenges andstrategies vary depending onthe stage of life people face.

financial strategies

Age 25-35: With a higher disposable income and less family expenses, this isa good time to accumulate assets. Aged 35-45: Paying down the mortgage and increasing home equity is thefocus. Age 45-55: Now is the time to shift focus to extra contributions to theretirement nest egg. Debt elimination remains a priority. Age 55-65: Preservation of investment capital becomes more of a priority inaddition to accumulation of capital. The last years of work should be devoted totopping up superannuation contributions.

Source: ‘Super success achieved in stages;, 28 July, 2013, The Sydney Morning Herald, viewed 15 November

Market conditionsWhether the retirement age shouldbe lifted to 70 along with compulsorysuperannuation being increased from9.25% to 12% are among the policiesbeing explored[4] to cope with a “bigAustralia”. The Australian Bureau ofStatistics recently projected thepopulation would surge to 38 millionby 2051.[5]

[1] ‘We are at a population tipping point’, 6 December, 2013,The Australian Financial Review, viewed 15 November, 2013[2] ibid[3] ibid[4] Commonwealth Government – Department of Treasury[5] www.abs.gov.au

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A chart that featured in a November30 article in The Australian bydemographer Bernard Salt showstwo possible pathways beyond 2012.One assumption puts net overseasmigration at 140,000 a year and theother at 240,000 a year. The secondchart shows the net addition to the

retirement population averagedabout 40,000 a year between 1950and 2010. From 2010, more than100,000 people annually joined theretirement ranks, with the numbertipped to rise to 140,000 a year.

the future for

Governmentspending acrosshousing, health,infrastructureand pensionswill have toincrease furtherto accommodategreater boomernumbers.

BIG AUSTRALIA

Salt argued net overseas migrationof 242,000 people a year in the next40 years could provide the skills andtax required to support the transitionof baby boomers into retirement.Government spending acrosshousing, health, infrastructure andpensions will have to increasefurther to accommodate greaterboomer numbers.

Whatever stage you are at in yourlife, there is never a better time foryou to plan your future. Speak toyour adviser to see how they canhelp.

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Get started in three easy steps:1. Have your BankNet (banking) and/or MyPortfolio (super/insurance/investments) detailshandy.2. Download the app from the App Store orGoogle play.3. Follow the easy set-up instructions andyou’re good to go.

Putting super front and centreIt’s easy to put your superannuation on theback burner. After all, retirement could be afair way away. And you’ve got so manymore pressing financial concerns—paying thebills, covering the mortgage and putting foodon the table.

But if you simply ‘set and forget’ your super,you may not be putting yourself in the bestposition come retirement time.

Technology is changing the way we live.Whether it’s buying our groceries or findingout what’s happening in the world, weexpect instant access. And it’s no differentwhen it comes to our money.

At AMP we’re helping you access yourfinances on the move, wherever andwhenever you like.Go digital with AMP’s new mobile app—oniPhone, Android and soon on tablet

AMP. Own Tomorrow is the first app inAustralia where you can access yourbanking, insurance, investments and yoursuper—all from one place.

We’ve got mobile banking covered, witheverything you’d expect to access your AMPBank account on the go, includingtransferring money, viewing your accountbalance, rediATM maps and more You caneven set up alerts to tell you when yourAMP Bank account balance is low andwhen money is paid in or taken out.

And we’re putting super, insurance andinvestments where they belong—right in thecentre of your financial world so it's quick,easy and mobile.

You can check your super balance,beneficiaries and investmentsas well as yourinsurance insideand outsidesuper.

AMP’s digital tools can help you take control of your moneyand own your tomorrow

You can also:set up alerts that tell you when paymentshit your super account; andget help to start consolidating your superaccounts.

Do you have the best investment strategyfor your individual needs?Will you have enough to enjoy acomfortable retirement?Will your money go to the people youwant to benefit if anything happens toyou?

It makes sense to take a closer interest in yoursuper. After all, it’s your money. And it’s yourfuture that will be shaped by how much youhave saved when you stop working.

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My Portfolio—your secure online gateway

To access AMP’s new mobile app, you’ll need to activate your online account at My Portfolio –your secure online gateway to your AMP accounts.

With its fresh look and easy-to-use navigation, My Portfolio is a great way to access up-to-dateinformation about your super, insurance and investment portfolio, and take control of your superfuture

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See inside the new AMP mobile app

Download the App now!

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WHAT

FINANCIALPLANNERS

DARNS O G O S H

USEFUL?

MAKES

all this...

What can wehelp you with?

Cos' they can help with

DEAS THAT WON'TBREAK THE BUDGET

We've scoured the internet for clever ideas everyday people are coming up with. From cheap andtasty recipes, clever uses for everyday things andDIYs that will blow your mind, we're on it and

want to share it with you!

Got a clever idea or tasty recipe?Email us at hello@hammockfinancial.com.au and you could see your

idea in our next newsletter!

Mother'sDay

SPECIAL

There's no monkeying around when we say that we'rebananas over this pancake recipe! Tastes awesome AND it'sgood for you? Fire up the griddle now and don't be stingy onthe maple syryp! It's Mother's Day people!

Link: Pop over to www.mrfood.com for this tasty recipe

Mmmmm Banana Pancakes

Nothing says Mother's Day like flowers. Spoil mum withflowers that won't wilt away and die! These blossoms are sosimple to make, it's crazy!

Link: Find the tutorial at www.mrsthreeinthree.com

Say it with (Paper) Flowers

What I love about this recipe is that even the smallest kids canhelp prepare it as it involves no chopping or dicing. Dad mighthave to help with cracking the egg and removing the pan fromthe oven, but the assembly is all kid-friendly!

Link: Find this easy recipe at www.blogher.com

Cheesy Ham & Spinach Egg Cups

These adorable little dishes are very useful gifts for Mother'sDay to store coins, keys, and jewellery. They are also fun tomake and quite addictive.

Link: Learn how at www2.fiskars.com

Make a Clay Jewellery Dish for Mum

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Thanks for reading!

Hello

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Tel: 07 4642 1179Mob: 0406 776 779hello@hammockfinancial.com.auwww.hammockfinancial.com.au

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