Transition to Retirement

Transition to retirement offers a flexible way to dip your toe in by continuing to work, maximising your income and saving tax. If you’re over 55, a transition to retirement strategy is designed to make a difference to your super in those all-important years before you retire. It’s a tax effective way for you to access your super funds before total retirement from the workforce.

An insight into the how this strategy works, things you need to consider and the key benefits.

Transition to Retirement

Life Cover

You insure your home, your car and other assets, so why wouldn’t you insure your life. The life you're really insuring is everybody else's! And that's why it's important to have some kind of cover. As the major breadwinner, who would look after the rest of your family when you die? Do you really want someone else to look after your family? And what if they need to go on welfare?

Life insurance provides a lump sum or equivalent instalments in the event of death or diagnosis of certain terminal illnesses.

An insight into the things you need to consider and the key benefits.

Life Insurance

Estate Planning

It is an unpleasant thought, but are you prepared for the possibility of an untimely death? Have you made a will, or considered what will happen to assets such as your home, superannuation or investments? Think about your situation and how your death could impact your estate. Take steps to ensure your loved ones are protected and provided for.

Estate planning is a process designed to help protect the wealth you have built over your lifetime so that it is distributed smoothly according to your wishes. More than just a will, an estate plan also takes into account your superannuation and powers of attorney as well as assets held solely in your name or jointly with others, or assets held in private companies or trusts.

An insight into the how this strategy works, things you need to consider and the key benefits.

Estate Planning

Trauma Insurance

Planning for the unplanned. No one wants to imagine that fraction in time when you know you are going to have a car accident … when the doctor tells you that you won’t be going back to work for a while … the phone call that you thought you’d never receive … Studies show that most people do not recognise the effect that an unplanned event can have on their lifestyle. Mortgage payments, children’s education, living expenses and other commitments can all become difficult to manage if you lose your regular income.

• Do you know whether you are under-insured, compromising your family’s lifestyle security?
• Do you want to make sure the additional costs of a serious medical condition is covered?

Trauma Cover pays a cash lump sum on diagnosis of specified serious medical conditions. It’s ‘Money for living’, filling the gaps left by term life insurance and TPD.

An insight into the things you need to consider and the key benefits.

Trauma Insurance

Income Protection

What would happen if you lost the ability to earn an income? Income Protection will protect your greatest asset, your income. When things go wrong due to illness or an accident, your income protection will keep income coming in, month after month, year after year on a regular basis while you are ill or injured.

If you are young, single, married and reliant on a regular income. If you have debts, a home loan, car payments to make, school fees and regular bills to pay, income protection insurance could be the most important form of insurance you will ever use. In most cases income protection is also tax deductible for you.

An insight into the things you need to consider and the key benefits.

Income Protection

Building wealth through loan health

How does your loan stack up? Can you make repayments if interest rates rise or you lose your job? How can you use your mortgage to get rid of your mortgage?

Develop a strategy to keep your loan fit and healthy. By eliminating bad debt, you’ll be building wealth in no time.

An insight into the how this strategy works and things you need to consider.

Building wealth through loan health

Buying your first home

Your mortgage will probably be your largest single debt, and being such a significant part of your life, it is important to find a mortgage that suits your lifestyle, and your budget. It will be with you for quite some time, so it’s important to get it right.

Before you open the door to your first home purchase, consider …. Can you afford to buy a home? How much are you able to borrow? How much deposit will you need? What if you don’t have a deposit, can you still buy a home? Check your cash flow carefully, lenders don’t factor in all your expenses when they calculate how much they’ll lend. If a home loan is out of reach right now, work on building your financial strength.

An insight into the how this strategy works and things you need to consider.

First Home Purchase

Smarter investing using SMA's

Would you like the best of all worlds?

If you’ve ever considered share investing or are looking for a better way to manage your portfolio and maximising returns; the new Separately Managed Accounts (SMA’s) could be the answer. In an SMA, professionals choose, buy and sell stocks within each portfolio. You get the advantages of professional advice on your share portfolio and the cost benefits of wholesale trading while you continue to be the direct owner of the shares.

An insight into the how this strategy works, things you need to consider and the key benefits.

Separately Managed Account (SMA)