Superannuation Advice
Superannuation is an investment in your future. It's important to understand why you need it, what you're entitled to, how you can grow it, and how to manage it effectively for your retirement.
Superannuation Simplified
Maximise Your Super
Strategic Super Planning
Unlocking Super Strategies for Financial Freedom
Elevate your super with our premier superannuation services, designed to offer you the financial peace of mind you deserve. Our Melbourne-based experts are ready to provide innovative and personalised strategies to optimise your superannuation funds. Ready to take the next step towards a prosperous retirement? Reach out to us, and let’s make your financial goals a reality!
What is superannuation?
Superannuation, or ‘super', is a way to save money for your future. Its purpose is to help fund your retirement so you do not have to rely on the social security system to fund your lifestyle.
A common misconception is that super is a type of investment, like cash or shares. In fact, super is the framework into which you invest.
Through super you can hold a wide range of investments such as shares, property and cash. Many investments that are held outside of super can also be held within super.
The reason that superannuation is so attractive as an investment vehicle is because it receives favourable tax treatment, both when you are working and once you have retired. The Government offers these tax savings to encourage you to build your superannuation assets.
Navigating Superannuation Contributions
Most people are first exposed to the concept of superannuation when they start work. This is because employers have to pay superannuation contributions on behalf of their employees.
Your superannuation does not only grow through contributions made by your employer. You can choose to add money into superannuation out of your own pocket. If you are self-employed, you can choose whether or not to contribute to superannuation.
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How It Works
Our approach combines in-depth analysis, expert knowledge, and innovative solutions to develop and implement effective superannuation strategies. We focus on understanding your financial goals, assessing your current situation, and providing tailored advice to secure your future.
Introductory Meeting (No cost & obligation free)
The first step in our advice process is to arrange our introductory meeting. This meeting provides the opportunity to discuss your current situation and requirements, as well as your goals for the future. We can also explore how we may be able to help you.
Advice Preparation
Should you wish to engage our services, our work begins on reviewing and assessing alternative financial models and investment scenarios appropriate to your needs and circumstances. Fees occur from this step.
Strategy Development
Development of the detailed strategy and recommendations and preparation of your personalised plan (Statement of Advice document).
Advice Presentation Meeting
At this meeting we will present your tailored financial strategy and explain how our advice and recommendations will help you to achieve your goals and aspirations.
Implementation of Advice
Once you are comfortable with our advice and recommendations, the next step is to implement the detailed strategy as outlined in the Statement of Advice. We complete all of the required paperwork & process these.
Ongoing Advice and Regular Reviews
To ensure your financial strategy remains on track to meet your objectives (as they are subject to change over time), we will meet on a regular basis to review your situation and make any necessary adjustments that may be required.
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Frequently Asked Questions About Superannuation
Can I access my superannuation early?
In specific circumstances such as severe financial hardship or specific medical conditions, early access to superannuation may be permitted.
How can I boost my superannuation?
You can boost your superannuation by making additional contributions, consolidating your super funds, and choosing a high-performing fund.
What is the Superannuation Guarantee?
The Superannuation Guarantee is a mandatory contribution employers must make to their employees’ superannuation fund, currently set at 10% of an employee’s ordinary earnings.
How is superannuation taxed?
Contributions and investment earnings in superannuation are taxed at concessional rates, with benefits usually tax-free after the age of 60.
What happens to my superannuation if I change jobs?
Your super remains in your chosen fund unless you decide to switch funds when changing jobs. It’s advisable to consolidate your superannuation to avoid paying multiple fees.
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