Ongoing Advice

The Real Value of Ongoing Advice:  Added Value over time.

  • Ongoing advice ensures that you will be advised of suitable changes in your strategy to maximise your long term results.
  • The value each year may vary – but regularly the changes to legislation guarantee that those with ongoing advice are on the inside track and have the edge over those that do not.
  • Individuals who feel that they should only come along for advice only when they think they feel like it are sure to miss out on opportunities.
  • The Relationship that you build with an advisor allows you to keep up to date with economic and legislative changes – to your benefit.

Ongoing advice enables individuals to be ‘in the loop’ when changes can benefit them substantially;  and being part of that experience provides me with enormous job satisfaction.

It is this significant opportunity that distinguishes those who are “comfortably well-off “ when compared to the rest of the population.

Case Example 1. Positively Rewarded.

Turn $109,000 into an anticipated $491,000 over 7 years.

Sharon was school teacher, single mature mum aged 57, on $85,000 p.a. with a modest but decent superannuation fund. She also had another older fund with higher fees and an exit fee.

Following discussion, we agreed to amalgamate the funds, wear the exit fee and implement a Transition to Retirement strategy(TTR). This is available for those between 55 – 65 and still earning income.  It was commenced in the middle of the GFC, 2009.

Sharon took an ongoing advice package, and took necessary advice tweaking the strategy each year, with a major revamp late in year 3. The results speak for themselves. Total retirement fund increase by 100%, with a projected further increase of another 100% by year 8.  

 

Case Example – Positively Rewarded Mk ll.

Stay ahead of the curve.

Charles is a self employed engineer who owns a small business – he’s 63 and nearly about to retire. He has had ongoing advice for 10 years and this is how it progressed. He started with only $100,000 in super…

  • In 2005 he was one of the first to be advised about the recent changes to super and pre retirement strategies after the Howard Government made substantial changes to the legislation. He was able to afford to increase his super contributions to $100,000 p.a. which he could not afford previously.
  • 2006 was a quiet year – Charles had a review with “no changes” advice.
  • 2007 more changes to contribution rules meant that he was able to sell an old investment property in a timely manner – minimise the capital gains tax and contribute over nearly $300,000 into super in one year.
  • 2008 – 2010 the GFC issues required that his investments be modified to take account of the volatility and the TTR strategy. Despite the GFC his portfolio return was measured to be 6% pa. over the 3 year period to 2010.
  • Charles was given advice on how to maximise the sale of his small business to ensure zero tax and plan to contribute to his Super to convert to a tax free retirement scheme.

Ultimately the final expected figure will be over $1 million dollars inside his Superannuation / Pension.