How golfing acumen drives the bottom line

6 October 2017
| By Outsider |
image
image
expand image

There’s nothing Outsider enjoys more than an early departure from the office on a Friday afternoon, followed by his customary sally onto the golf course.

Outsider once felt the primary benefit of this routine was breathing in some out-of-office air of the natural sort whilst maintaining acquaintance with other “gentlemen of a golfing disposition”, but it seems AMP has another theory. Outsider was most amused and perhaps just a little smug to stumble upon research from the company which said golfers ranked as the best savers ahead of those who engaged in what he deems to be lesser sports – chiefly all others.

The supposed strong correlation between how Australians engage in sport and how successfully they manage their finances may seem a little far-fetched to those not in Outsider’s sporting ring, but let there be no doubt that Outsider took comfort in being able to tell Mrs O that his skills on the green could in fact be boosting his retirement prospects. 

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND