Financial Advice

Central to delivering professional advice is putting ourselves in your shoes. By coming to know you and your family’s circumstances, aspirations and objectives we can help you manage your wealth (actual or in embryo) into the future. Our highly qualified and skilled team services all needs including:

  • Self-managed superannuation funds.
  • Wealth creation strategies.
  • Investment selection and Stockbroking services.
  • Personal risk management and insurance.
  • Investment trusts.
  • Retirement planning.
  • United Kingdom pension transfers.
  • Tax planning.
  • Cash flow management.
  • Debt management.
  • Education savings.
  • Superannuation.
  • Legacy or charitable (philanthropic) planning.
  • Personal and Business succession planning.

SUPERANNUATION

 

Self Managed Superannuation

“Invest in what you are passionate about”

Benefits of directing your own superannuation

Increasingly, people are seeking to control their financial destiny in all respects by selecting strategies which resonate with them.

SMSFs may appeal to those seeking opportunities considering:

  • Investment choice
    SMSFs allow an almost limitless scope of investment options. Trustees can potentially access direct shares, high-yielding cash accounts, term deposits, income investments, direct property, blockchain, unlisted assets, international markets, collectables and more
  • Tax strategies
    Like all superfunds, SMSFs benefit from concessional tax rates. In the accumulation phase, tax on investment income is capped at 15 per cent; in the pension phase there is no tax payable, not even capital gains tax. SMSFs can “negatively gear” by borrowing to purchase assets. Carefully considered tax strategies can help you grow your super savings and reduce tax payments as you transition to retirement.
  • Flexibility
    SMSFs allow multiple members to run a mixture of accumulation and pension accounts. You’ll be able to adjust your investment mix as it suits you, allowing for a fast response to changes in market conditions, super rules or personal circumstances.
  • Transparency
    SMSFs offer significant transparency allowing trustees to align their personal goals with their investment decisions. Whether you’re passionate about property, shares or sustainable and ethical investing, SMSFs provide a platform which allows you to understand where your money is invested, with complete visibility over performance and tax treatment.
  • Cost
    SMSF trustees must lodge an annual tax return and audit, and pay ATO fees (these are capped and not based on a percentage of your super balance). The more an SMSF grows, the more cost-effective it becomes, but the total cost of running an SMSF will depend on the related investments and any costs associated with engaging professional support.
  • Consolidate superannuation assets
    A SMSF allows a trustee member to combine their superannuation assets with up to five other members such as family or unrelated persons. Consolidating super accounts immediately creates a larger fund balance, which increases the fund’s assets and investment opportunities – with only one set of fees.

SMSF Information

Personal Superannuation

Most people think of superannuation as a tax-favoured way of saving for your retirement. For employees, it is compulsory. For self-employed people, it is optional. For everybody, it is a great idea.

But superannuation is about more than retirement planning. It is actually a cornerstone of most people’s financial plan. This is because ‘super’ touches every other aspect of your financial planning. The way you manage your super impacts on how you manage your insurances, your other investments, your tax planning, your retirement planning, your marriage, your divorce, how and when you might help your adult kids out financially, your estate planning and even how you repay your own mortgage.

It is super by name and even more super by nature.

There are three types of super fund: retail funds, industry funds and self-managed superannuation funds. Different clients are suited to one or more of these types, and sometimes it makes sense to use more than one type in combination. We help you select the best type of fund for you. We then help you make the best use of whichever option you take. This is important because super can and should be incorporated into your thinking about everything to do with your finances.

RETIREMENT PLANNING

Retirement Income

When planning to retire, there are many things to consider. However, what is absolutely true is the earlier you start preparing the more options you have.

Retirement planning covers topics such as:

  • how much superannuation is enough?;
  • taking a super pension;
  • claiming the Age Pension;
  • making superannuation contributions while receiving a pension from a super fund;
  • estate planning;
  • aged care;
  • Centrelink; and
  • looking after your family.

Through smart planning and management, our experience can make a real and material difference. We work closely with you to ensure you not only receive quality service, but also sound advice that is tailored to your individual retirement needs.

Our detailed knowledge of taxation laws and investment structures also means your finances are structured in the most tax effective way. Our highly-qualified advisors can help you make the best choice so that you can reap the rewards for years to come.

If you have any questions please contact our friendly and professional team.


CASH FLOW MANAGEMENT

Running on the treadmill of living from one pay to the next? Bills that seemingly come from nowhere? No money towards the things you really want?

At Holzworth Partners we have developed the perfect solution! We call it MyWEALTH, your wealth creation program, tailored specifically to your needs and goals, by focusing on:

  • Growing your wealth
  • Eliminating debt
  • Gaining financial freedom

MyWEALTH will follow you throughout all the stages of wealth creation, beginning at the grassroots stage and using three steps to get you on track to realise your financial dreams.

Step 1

Our focus is using our expertise to work with you from the grassroots to build healthy habits that are the foundation for building wealth. We start by getting to know you!, Your objectives, your goals, and what you really want from life.

Step 2

We provide you with the tools to really take control of your finances. Our financial experts will train you in our effective software, allowing you to track and record your expenses on the fly, across all your devices.

Step 3

Using this information we will be able to develop a highly personalised MyWEALTH Plan. Your MyWEALTH Plan is more than a budget, it’s specifically tailored strategies to you and chock full of ways to change your financial world.

 Your Journey

Once we are confident you have the tools available to be well on your way to financial freedom we will touch base with you frequently to review and identify any opportunities to build, and protect, your wealth.

Can’t wait to get started?

If you want to build your wealth and reach your financial dream then contact us today and we will get you started on your MyWEALTH journey!

1300 009 888 | mywealth@holzworth.com.au

BUSINESS INSURANCE

Business owners are often so focused on building their business, they neglect to protect the investment to ensure the survival of the business if something unexpected occurs.

Insurance can help by providing lump sums if a key person or business owner dies or suffers a serious illness or injury. Business owners need to assess the risks in their businesses and consider the options and strategies to minimise these risks or to cover the financial downsides.

There are various business insurance purposes to consider.

  • Business succession-Buy/sell insurance
  • Debt/personal Guarantee insurance
  • Key person Insurance
  • Key person-capital purpose
  • Key person- Revenue purpose
  • Business expenses insurance

Here at Holzworth Partners our team of Accountants and Advisers will save you time and insure the survival of your business. You’re in reliable hands and you will have access to a wealth of practical business knowledge.

PERSONAL INSURANCE

Risk insurance policies are financial products that will pay the policyholder if the ‘insured event’ – such as becoming unwell and being unable to work – happens.

Insured events include things like temporary illness, permanent illness, temporary injury, permanent injury, or the premature death of the insured person.

Risk insurances insure your good health, which is actually your most important financial asset. That is why risk insurances are almost always the essential first step in any financial plan. Insuring yourself against a loss of income or earning ability allows you to ensure that life for you and your loved ones goes on with the quality you want, even if something unwanted happens.

We provide the complete range of risk insurance services: death cover, total and permanent disability (TPD), income protection and trauma cover. We help you calculate the type and amount of each cover that you might need, as well as discuss other ways that you can protect yourself against financial loss.

We also show you how to minimise the premiums, especially after-tax, without unnecessarily compromising the quality of the policy or the level of cover that you acquire.

If cash flow is tight, we can assist you to find ways to insure yourself that minimise the demands on your day-to-day income. And, of course, as financial advisers, we can help you find ways to enhance your income. This makes everything more affordable, not just your insurance.