FAQs
Q. What type of super fund is right for me?
A. Withing the Australian superannuation system, you have the option to choose between Industry Fund, Retail Funds and Self-Managed Superannuation Funds. Certain employers offer Corporate Funds and those working for the government may have access to Public Sector Super Funds. In determining what fund is right for you, we consider numerous factors including investment type and strategy, cost, your financial capacity, risk tolerance and how hands on or off you wish to be. Each client’s needs can be different, and we structure our advice accordingly.
Q. Do I need personal life insurance?
A. Life insurance provides financial support when you and your beneficiaries need it the most. Cover includes Death, Total and Permanent Disablement, Trauma, and Income Protection. We assess your needs on an individual basis and focus on three key pillars, Financial, Occupation and Health. We compare all the major providers and advise on the most appropriate option for each client.
Q. Can life insurance help support my business?
A. Yes. Death, Total and Permanent Disablement, and Trauma cover can be structured in such a way that should a ‘key person’ within your business suffer an insured event, your business will receive a claim payment which can be used to fund a replacement or top up lost revenue. Further, where a business has multiple owners and one or more pass away, life insurance can be utilised to ensure the transfer of ownership is not financially crippling for the remaining owners. Ask us for more details and to determine if your business requires protection.
Q. How do I know I’m on the right track financially?
A. No matter what stage of life you’re in, having a clear strategy to based decisions off is essential. Financial modelling utilises your current circumstance and future goals to lay out a projected plan for a set period of time. This plan then forms the basis for making effective decisions both now and into the future, with the ongoing aim of continually improving your future position. This is particularly important for when pre-retirement planning is involved and subsequently post retirement planning.