I’m sure all the Mum’s and Dad’s can relate to this at some point or another.
Enjoy.
For Protection your Family can rely on, with simple advice speak to a Paul today on paul@jarickson.com.au or 1800 674 435.
By Paul Davies
I’m sure all the Mum’s and Dad’s can relate to this at some point or another.
Enjoy.
For Protection your Family can rely on, with simple advice speak to a Paul today on paul@jarickson.com.au or 1800 674 435.
By Paul Davies
Self-managed super funds are also known as DIY super funds. They can have up to four members and are generally established by an individual or a family to manage the investment of their own superannuation savings.
Members of the fund must also be trustees, unless a corporate trustee is appointed in which case all members must be directors of the corporate trustee. Consequently, members are responsible for all investment and compliance decisions of the fund, including administration, trusteeship and taxation.
Managing your own super can offer greater control and access to a broader range of investment options such as shares,direct property and alternative asset classes not available to conventional super funds. However, they can be costly to run and all members are held responsible for their decisions, such as where legislative compliance is concerned.
When determining whether a self-managed super fund is right for you there are some simple steps you can follow.
While self-managed super funds can be a very good way of looking after your super, it is extremely important that trustees understand what they are doing, and if in doubt, get some advice and/or assistance. The penalties for getting it wrong and becoming a non-complying fund are severe.
A Jarickson Insurance Adviser is available to provide advice about how to structure your Life & Disability Insurance in a self-managed super fund. Why not schedule a call with a Jarickson adviser now on 1800 674 435?
Information current as at 14 May 2015 The advice is general in nature only. Before acting you should consider the appropriateness of the
By Paul Davies
Video>> When determining whether you are going to begin a Self Managed Super Fund, there are many questions you need to ask yourself (with your accountant) before finalising it.
One of the major determinations is who is going to be the Self Managed Super Fund Trustee. Depending on the choice you make, this will make a big difference both in retirement and in the event of distributing to beneficiaries as part of the insurance plan within your self managed super fund.
Who better to ask that question than the Australian Tax Office with a very simple 2 minute video:
For information on how to make sure your Trustees decisions line up with your life insurance benefit wishes, contact us below by pressing the Mail icon. Alternatively, call 1800 674 435.
By Paul Davies
For someone who is either an active investor in property, or continually changing their business debt to accommodate growth, the need for protecting that debt and the assets behind it is always added work, and sometimes require further medical evidence and paperwork.
But what if it was possible to increase the insurance benefits without the need for any applications or medical evidence, regardless of the person’s health status?
Particularly if you are, or have clients who are active property investors – Pay Attention!
Jarickson works closely with insurers to structure personal protection in a way that whenever there is an increase in a loan, change of income and/or the addition of a new family member, we can use these circumstances to increase the protection needed with no need for replacement applications or medical evidence (including tests).
We simply apply the new increased premium associated with the level of protection needed, and make sure that whilst your clients are moving forward toward their investment goals, the gap is covered in the event of something unforseen happening, keeping them on the course you are helping them achieve.
Contact Me to find out how simple this process is and how it can secure the ‘ongoing’ protection needs for your clients while they are building their future with you.
Paul Davies
P: 1800 674 435