Superannuation is a retirement savings system introduced in Australia in its initial phase in the 1980’s and expanded substantially in the 1990’s. Often, contributions made into a superannuation fund come from the owner’s employer via compulsory employer contributions. Contributions are usually 9% of the individual’s income as required by law. Superannuation planning is focused on making the most out of your superannuation. Most Sydney Financial Planners consider superannuation planning to be a critical part of any wealth creation strategy.
Superannuation is currently the average Australians’ largest investment asset at retirement, outside of the family home. Unfortunately, many Australians are still retiring with less than 3 years of income to support themselves before being forced to rely solely on the old age pension. This leaves a giant burden for Australian tax payers.
The average Australian has their superannuation funds distributed amongst three providers – sometimes meaning three times the amount of account maintenance fees. Furthermore, most people little or limited knowledge about how their superannuation is being invested, what their current risk profile is and how much return they are receiving on their superannuation each year.
At Navado Financial Advisors, we review all your superannuation funds and provide recommendations as to:
- Consolidating your superannuation
- Risk and investment profiles that are suitable for your set of circumstances
- Salary sacrificing to build and increase your superannuation wealth
- Investment strategies
- Different superannuation providers and products on the market
- Insurance and tax benefits obtainable through your superannuation
- The viability and suitability of a Self Managed Super Fund (SMSF)
Our Financial Advisors work in cohort with Chartered Accountants, Tax and SMSF Lawyers and Mortgage Brokers. With a multi-disciplinary team offering a total service, Navado provides its clients with a unique chance to take advantage of expertise and skill across an array of professional areas. Call us today and arrange a meeting with our professionals. For more information, explore our website or contact our office on (02) 9233 4048.
- Our advisers are highly experienced
- Our advisers are University qualified
- We offer strategically tailored solutions
- We place emphasis on compliance
- We disclose all fees and commissions
- We earn client confidence and respect
- We are fast, we return calls and emails
- We have state of the art technology
- We assist with application paperwork
- Our advisers work with other experts
Navado Financial Advisors Pty Ltd is a Corporate Authorised Representative of Lifespan Financial Planning. A.B.N. 23 065 921 735. AFSL 229892. This webpage (and any material or wording appearing on this webpage) is provided for information only and constitutes general financial product advice. It does not take into account your objectives, financial situation or needs and you should therefore consider the appropriateness of the advice, in light of your own objectives, financial situation or needs before acting on this webpage. When making decisions about any financial products you should obtain a copy of and consider the Product Disclosure Statement for that product before making any decision. Navado accepts no responsibility to any person who relies on the information provided on this website. We further refer you to our Disclaimer.
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
The main benefit of consolidating your super into a single super fund is obvious – costs. The average Australian has their superannuation funds distributed amongst three providers – sometimes meaning three times the amount of account maintenance fees…
read more
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
Financial Planners in Sydney will probably agree that retiring during a slump in the market can mean that in a hypothetical scenario, what had been planned to last, say, 30 years may only last, say, 15 years. Superannuation planning is a way to help …
read more
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
How much you can deposit into super depends on your age, how you are depositing the money and what your aims are. There are limits on how much you can contribute into your super. A Sydney Financial Planner can help you determine how much you can cont…
read more
Date: Feb 21, 2012
Tags: financial planning, holistic planning, investment planning, superannuation planning
While technically there is no minimum sum required to establish or operate a Self Managed Super Fund (SMSF), the costs incurred in remaining compliant can be substantial. Our Financial Advisors would need to consider your specific and subjective circ…
read more
Date: Feb 21, 2012
Tags: financial planning, holistic planning, investment planning, superannuation planning
Generally speaking, a Self Managed Super Fund (SMSF) will cost about $1,000 to establish depending, on who you approach to get the work done and the complexity of the situation. Annually, an audit of the SMSF is required, which can cost anywhere from…
read more
Date: Feb 21, 2012
Tags: financial planning, holistic planning, investment planning, superannuation planning
The risks in setting up a Self Managed Super Fund (SMSF) are many and it is always best to fully understand them prior to setting up a Self Managed Super Fund (SMSF). The number one fear that all people looking at creating a Self Managed Super Fund (…
read more
Date: Feb 21, 2012
Tags: financial planning, holistic planning, investment planning, superannuation planning
A Self Managed Super Fund (SMSF) is a small fund that usually has between one and four members. The day to day dealings of the SMSF are then controlled by the trustees in the event that the fund is directed by individual trustees or by the directors …
read more
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
The tax benefit available through superannuation is that growth and money concessionally contributed into the superannuation fund are taxable at a rate of 15 cents for every dollar (15%). This is particularly important for those who earn more than $3…
read more
Date: Feb 21, 2012
Tags: financial planning, holistic planning, investment planning, superannuation planning
Due to the fact that all Self Managed Super Fund (SMSF) are run by the trustee, regardless of what help you receive from professionals, the fund owners are responsible for the actions of the fund and will be liable to pay any fines, penalties and tax…
read more
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
Cost is probably the main factor preventing most people from taking advantage of life insurance, income protection and total and permanent disability insurance. This is often one of the reasons why many Sydney Financial Planners generally recommend t…
read more
Date: Nov 29, 2011
Tags: financial planning, superannuation planning general
Superannuation is an investment platform that has tax benefits for the investor. Superannuation taxes all income and growth at a rate of 15% (based on the 2010-2011 financial year) when it meets the criteria set out in legislation. This means that i…
read more
If you require financial advice or the assistance of a Financial Planner, you should make an appointment with one of our Financial Planners, who can see you in our Head Office in Sydney CBD or in the comfort of your own home. Our Financial Planners service the following areas:
- Sydney
- Parramatta
- North Sydney
- Hurstville
- Liverpool
- Gordon
- Baulkham Hills
- Campbelltown
- Bondi Junction
- Financial Planner Sydney
- Financial Planning Sydney
- Financial Advisor Sydney
- Financial Adviser Sydney
- Financial Planner Parramatta
- Financial Planning Parramatta
- Financial Advisor Parramatta
- Financial Adviser Parramatta
- Financial Planner North Sydney
- Financial Planning North Sydney
- Financial Advisor North Sydney
- Financial Adviser North Sydney
- Financial Planner Hurstville
- Financial Planning Hurstville
- Financial Advisor Hurstville
- Financial Adviser Hurstville
- Financial Planner Liverpool
- Financial Planning Liverpool
- Financial Advisor Liverpool
- Financial Adviser Liverpool
- Financial Planner Gordon
- Financial Planning Gordon
- Financial Advisor Gordon
- Financial Adviser Gordon
- Financial Planner Baulkham Hills
- Financial Planning Baulkham Hills
- Financial Advisor Baulkham Hills
- Financial Adviser Baulkham Hills
- Financial Planner Campbelltown
- Financial Planning Campbelltown
- Financial Advisor Campbelltown
- Financial Adviser Campbelltown
- Financial Planner Bondi Junction
- Financial Planning Bondi Junction
- Financial Advisor Bondi Junction
- Financial Adviser Bondi Junction