Understanding Series

The “Understanding Series” documents have been developed to provide information to help you understand some of the financial planning concepts that we may utilise. It is important that you read the documents that are relevant to any strategies that are recommended to you.

The Understanding Series is presented as Acrobat PDF documents, so you will need to have current versions of the Acrobat Reader to view them. You can download the latest version of Acrobat Reader for free by following this link to the Adobe website.

Business Insurance

• Business Continuation Insurance
• Business Expenses Insurance
• Business Succession Agreement and Funding

Understanding Tax

• Small business CGT concessions
• Redundancy payments
• Salary packaging
• Tax considerations for non-residents
• Taxation

Debt Management

• Costs and risks of reverse mortgages
• Debt management
• Debt recycling
• Redraw facility

Estate Planning

• Advance Care Directive
• Family Trusts
• Powers of Attorney
• Special Disability Trust
• Superannuation death benefits
• Testamentary Trusts
• Wills

Gearing

• Costs and risks of gearing
• Costs and risks of gearing into superannuation
• Costs and risks of margin lending

Investment Concepts

• Asset Allocation
• Child savings plans
• Costs and risks of derivatives
• Costs and risks of direct property
• Dollar cost averaging
• Insurance investment bonds
• Investment risks
• Managed funds
• Separately Managed Account (SMA)
• Set and maintain a budget

Insurance

• Asset Allocation
• Child savings plans
• Costs and risks of derivatives
• Costs and risks of direct property

Retirement Income

• Account-based Pensions
• Annuities
• Transfer Balance Cap
• Transition to Retirement Pension

Self Managed Super

• Commencing an SMSF pension
• Costs and risks of borrowing by self managed superannuation funds (SMSF)
• Key SMSF investment rules
• Limited Recourse Loan
• Self managed superannuation funds
• The SMSF Investment Strategy

Social Security

• Age Pension
• Aged Care
• Disability Support Pension (DSP)
• DVA Service Pension
• Gifting
• Insurance bond in a private trust
• Newstart Allowance
• Pension Income and Assets Tests - Deparatment of Human Services
• Strategies to increase Department of Human Services or DVA entitlements
• Waiting periods

Superannuation

• Cash out and re-contribute to super
• Co-contribution
• Consolidate superannuation
• Downsizer superannuation contribution
• First home super saver scheme
• Non-concessional contributions
• Personal deductible contributions
• Salary sacrifice
• Splitting superannuation contributions
• Spouse contributions
• Superannuation