Superannuation Advice and Planning
Superannuation is a tax effective long-term savings plan that enables you to save money for your retirement.
While you are working your employer must pay compulsory contributions into your super account which is a fund of your choosing. This fund may also receive contributions from you, your spouse and employer as voluntary payments and in some cases the Federal Government may also contribute to your super account. The Federal Government also provides incentives (including tax savings) for you to contribute towards your super. However, there are some limits on the contributions that you can make to super. There are restrictions around when you can access your super. However, when you reach age 65 or your preservation age and have retired, you can access your super savings as a lump sum or receive a regular income stream through a pension account.
A pension account allows you draw a regular income from your super savings while taking advantage of tax concessions for income streams.
Extensive ranges of carefully selected investment funds offer choice and flexibility. This variety enables you to diversify your investment and gain exposure to a range of asset classes, fund managers and investment styles.
Convenience and control through extensive services, including regular portfolio management plans such as; a regular investment plan (Personal Super only), auto-rebalancing and dollar cost averaging plans. You also have access to convenient pension payment options.
Protection for those closest to you is available by tax effectively packaging insurance cover within your superannuation with a choice of Death only or Death and Total & Permanent Disability (TPD).
For more information contact Trevor Stirling Dip(financial Planning) Authorised Representative 238665