If you are about to retire or already retired, we can help you arrange your finances to ensure you build a retirement income which is reliable and tax effective… and which should last for your lifetime or longer.
We can show you how to pay little or no tax on your lump sum; and if you own a business or farm we can show you how to reduce or even eliminate tax on its sale.
In addition, we can help you arrange your finances, so you maximise Centrelink benefits if that is appropriate for you.
We will review all of your superannuation arrangements to check if they will ultimately satisfy your retirement goals. In particular, we will assess the following:
If you have a lump sum to invest or you wish to invest regular savings or superannuation contributions, we can advise you on asset allocation, investment strategies and security selection.
We can advise you on direct and managed investments in Australia, and managed funds overseas, to help you generate competitive returns with less risk… and in so doing help you achieve your financial goals.
We can help you invest your payout to meet your short-term needs, as well as for providing for your eventual retirement. We can also develop investment strategies to help you qualify for Centrelink benefits (if this is appropriate for you) and to minimise tax on your payout and your income.
We can help you develop investment strategies to build wealth prudently and tax effectively to help you become financially independent… and to provide a more financially secure retirement.
In addition, we can assist you in creating financial efficiencies with your mortgage, as well as protecting your financial position with the help of personal insurances.
We can advise you on how to arrange your financial affairs to ensure there is an efficient and tax effective distribution of your estate after your death. We can help you to properly fund your estate and show you strategies which can save tax for your beneficiaries and minimise the chance of your Will being challenged. We can also advise you on how to protect your estate from being eroded by your beneficiaries being subject to litigation, bankruptcy or divorce.
Protecting your financial position with the help of risk insurance is an essential strategy for most people. Risk insurance can provide financial assistance in the event of you or your spouse suffering serious illness or injury, or death. Personal risk insurances to consider include:
We have access, through our close relationship with Australian Unity, to the home & commercial loans offered by more than 20 banks and other leading lenders. This means we can find the right loan for you. In addition, we’ll help you complete all the paperwork and assist you in assembling the documentation required by the lenders.
Paying off your home loan sooner starts with having the right home loan. We’ll research the banks and other reputable lenders on your behalf to ensure you have a competitive interest rate with reasonable lender fees, and ensure you are not paying (in the form of higher interest rates) for ‘bells & whistles’ you’ll never use.
We can also advise you on other strategies which can help you to save a lot of money by accelerating the reduction of your debt.
We can assist you with all business loans at highly competitive rates from banks and other reputable lenders. These loans include:
The key objective of a company superannuation fund is to maximise the retirement benefits for your employees.
We can review your existing fund to check it is performing adequately in all critical areas:
If required, we can assist you in moving your employees to a more appropriate fund. We can also provide alternative fund options for those employees who wish to exercise the choice legislation, including the establishment of self-managed super funds for your key employees.
Business estate planning is the process of arranging your business affairs now to ensure there is no unnecessary deterioration or loss of continuity in your business should it lose you or one of the other owners or other key people through illness, injury or death.
It should also give the continuing owners the right to buy the interests of the deceased or disabled owner and ensure that the departing owner or their estate will be fairly compensated for giving up their rights to the business. In this way, a business estate plan provides all owners and their spouses and families with legal certainty should the unforeseen occur.
Your business estate plan is also concerned with ensuring your business has the financial resources to fund the plan.
We can help you create an estate plan which will ensure you and your business will be financially cared for should the unexpected happen.
When it comes to business estate planning, the two big questions you need to ask yourself are:
‘Would your business be able to buy a departing owner’s share of the business if they died or suffered a serious illness or injury?’ And:
‘Would your business be able to cover the loss of revenue and goodwill, and re-pay the debts of the business, if an owner or other key person died or suffered a serious illness or injury?’
If your answer is no to one or both of these questions, you need to consider transferring that financial risk to life insurance companies. They have a range of insurances which can help you fund your business estate plan and give you enormous peace of mind – all for a fraction of the sum insured each year.
Business insurances worth considering include:
Our job is to research the major, reputable insurance companies to find the insurances which provide your business with the right level of protection, including the definitions, clauses and exclusions which best suit you and your business. Of those insurances which meet your needs, we obtain quotes to ensure we recommend the most cost-effective products for your business.