Specific Financial Planning Advice
At McKinley Plowman & Associates we can provide advice on a range of financial planning areas including answers to the following:
Superannuation:
- How much superannuation do I require and are my current contributions enough to meet my retirement objectives?
- How can I minimise my tax bill and take advantage of the Government's various incentives and tax rebates for investing in superannuation?
- How can I obtain greater performance from my superannuation?
- How can I obtain greater control over my superannuation assets?
Self managed superannuation funds (SMSF)
- What is a SMSF, and is it appropriate for me?
- What are the benefits of a SMSF?
- What are my obligations as Trustee of my own superannuation fund?
- What investments can I include in my SMSF?
- How do I establish a SMSF and obtain assistance in the on-going management of the fund?
What is a Self-Managed Superannuaton Fund?
Retirement Issues
- How can I benefit from a Transition to Retirement Pension?
- How do I maximise the tax effectiveness of my retirement benefits?
- Should I take my retirement benefits as a lump-sum or as an income stream?
- How do I split my retirement benefits with my spouse to reduce the amount of tax payable?
- What is an account-based pension?
- How do I structure my investments to maximise the amount of aged pension to which I am entitled and how much aged pension will I receive?
Wealth Creation
- How can I maximise the potential for growth of my investments while ensuring that I am investing in assets appropriate for my level of risk?
- How do I start investing in shares and managed funds and which funds are appropriate for me?
- Which funds have received "A" grade ratings from independent research houses and which funds have been downgraded? When should I consider switching my funds?
Gearing
- What is gearing and is it appropriate for my financial situation?
- How should I structure my gearing to maximise the tax benefits of negative gearing while reducing tax on dividends and capital gains?
- What is a margin loan and is it better than borrowing against my house?
- What is installment gearing and how can it reduce the risks of borrowing?
Personal Risk Insurance
- Is my current level of personal risk insurance sufficient?
- What are the various types of insurance and which are appropriate for me?
- How can I make my insurance more tax efficient and save on the cost of the premiums?
- Which insurance premiums are tax deductible?
Salary Packaging
- How can I reduce my tax through salary packaging?
- What benefits can I salary package?
- Is purchasing a car through a novated lease agreement beneficial for me?
UK Pension Transfers
- Should I transfer my UK pension to Australia?
- Will I have to pay a tax on the transfer?
- Which Australian superannuation funds can receive UK pensions without penalties?
- How do I organise the transfer of my UK pension to Australia?
 |
McKinley Plowman & Associates offers financial advice as an Authorised Representative of Count Financial Limited (Count), Australian Financial Services Licence Number 227232, using Count’s Approved Product List. |
