Paying down debt no longer way to go, young warned (The Aust 01/10/19)

But they warn middle-aged clients and retirees, who have been stung by a collapse in interest rates on deposits, to be wary about chasing the promise of high returns or exotic investments, given this inevitably comes with high risk.

Will Hamilton of Melbourne-based Hamilton Wealth Management said: “The bottom line is that average returns will be lower in a low rate environment.”