Financial Planning

We provide superannuation advice strategies suitable for high earning business leaders in the mining and resources sector.

Our advice & support:

• Advice for contributions to retail, industry superannuation funds and SMSF
• Investment advice for managed funds and other direct investments within superannuation
• Investment growth and retirement income stream strategies
• Advice on changing legislation
• Tax effective strategies and complying with superannuation caps and limits
• We collaborate with aligned professionals for establishing SMSF structures, managing your trustee obligations, fund audits, annual returns, taxation and compliance advice

We play a pivotal role in coordinating Wills and implementing a well-advised estate plan that aims to honour the financial legacy created over a lifetime.

Our advice & support:

• We brief and collaborate with specialist estate planning lawyers and accountants to ensure all known financial matters are considered and included in the estate plan
• Coordinate with family members and beneficiaries and lead often-difficult discussions about family succession to provide advice and information about family wealth, benefits and responsibilities
• Guide processes for implementing documentation including Powers of Attorney, Health Care Directives and Testamentary and Super Proceeds trusts and other mechanisms for managing and distributing assets to beneficiaries at time of death
• Identify and securing entitlements through employee share scheme (ESS) options which may have impacts across Australian and international tax jurisdictions
• Provide ongoing advice for amendments and updates as circumstances change due to matters including international relocation, marriage or divorce or children reaching 18 years of age
• Ongoing administration including currency of binding death nominations for beneficiaries and coordination with insurers and super fund trustees
• Advice and management of superannuation and SMSF proceeds
• Coordinate personal risk insurance lump sum payments and distribution of other significant financial assets to beneficiaries
• Advise and coordinate with estate executors

We coordinate and integrate often-complex personal and business insurances in context of an individual’s overall financial planning, tax, business, legal and estate requirements.

Our advice & support:

• Insurance advice including recommendations for insured cover amount, type of policy required, policy inclusions, significance of any exclusions and option, as well as a range of other matters such as policy ownership.
• Income Protection: We provide recommendations, policy advice and coordinate claims for income protection insurance which provides benefits relating to the insured’s income on claims for illness or injury.
• Life Insurance: Advice for lump sum benefit that is paid upon the death of the policy holder. We recommend an appropriate level in consideration of any aligned debt protection and estate planning strategies.
• Trauma Insurance: Advice for Trauma insurance which provides a lump sum benefit when the policy holder suffers a major medical trauma as defined by the insurance policy. Among the most common traumas are heart attack, stroke, cancer, severe burns and major organ failure.
• TPD Insurance: We provide Total and Permanent Disability (TPD) insurance advice and claim support that provides a financial benefit when the insured is permanently unable to work as a result of illness or injury.
• Buy-Sell Insurance: Advise, coordinate and negotiate insurances necessary for transitions ownership from one business partner to another should a business partner exit the business due to death, illness or disablement.
• Key Person Insurance: Advice and coordination of insurances for safeguarding the loss of experienced and highly credentialed staff that could adversely affect sales, future business development prospects, profitability, operational management and goodwill.

Financial planning tax reporting is available for individuals and families for preparing tax returns and end of financial year accounts as required by Australian and overseas tax advisers. 

Our advice & support:

• Tax statement collation and reporting
• Investment and redemption confirmations
• Dividend and distribution statements
• Investment holding statements
• Executive share scheme (ESS) tax information including details of grants that vest, shares sold and dividend income received
• Capital gains tax reports
• Cash and transaction statements for bank and investment accounts
• Investment property reporting of rental income and expenses
• Loan statements for investment loans, property loans and margin loans
• Insurance statements for deductible premiums
• Super contribution information

Base salary, superannuation, bonuses, employee share schemes (ESS), short and long term share grants and various other benefits are all renumeration matters that need to be carefully considered and quantified before changing employment.

Our advice includes:

• Understanding current and proposed remuneration packages
• Short and long term incentive review
• Executive share scheme review and comparison from one company to another
• Superannuation contribution analysis