Our Services
We
acknowledge that each and every one of our clients has individual
and specific requirements. Some of our clients are already
financially successful and simply wish to protect and preserve
what they have. Others are seeking to grow their wealth. As
a result, each client receives a tailored and unique service
designed to ensure that his or her expectations are met and
exceeded. We can provide a total financial solution,
or alternatively, advice can be limited to a particular service
or situation.
Our Ongoing Service Program
Change is one of the few constants in the investment environment.
Investment conditions, taxation, superannuation and social
security regulations are constantly changing and all can
have a significant impact on the suitability of your investment
portfolio. This makes ongoing advice essential to ensure
that the plan you have put in place is achieving your objectives
and continues to remain relevant to your circumstances.
At Danber Financial Planning, we are committed
to providing ongoing care to our clients. We provide an ongoing
monitoring, reporting and advisory service. As part of this
service, we seek to work together with you over the years to
ensure that your investments continue to meet your requirements
and changing financial circumstances. An alternative is for
us to meet annually or at such other time that you decide.
These meetings enable us to address both strategic and investment
issues.
Wealth Creation and Accumulation
Many people have the desire to build wealth
with the objective of becoming financially independent. Unfortunately
too many people do not know how they should go about this. Wealth
creation is not about speculation, get-rich-quick schemes
or trying to select next year’s
highest performing investments.
Wealth creation is best achieved
through a range of strategies and effective investment that
requires planning and action. Keeping abreast of changing
legislation, making the most of the opportunities available
to you, and structuring your finances appropriately are all
fundamental in assisting you in achieving your lifestyle
and financial objectives.
As with any journey, unless you have a destination you'll
probably never arrive. Therefore, the first step to having
financial independence is to plan for it. Unless you start
taking some positive steps, financial independence shall be
nothing more than a dream.
Remember, long term financial planning is pivotal in securing
your financial independence in later life.
Self Managed Superannuation Funds
Self Managed Superannuation Funds (SMSFs)
are now the favoured choice of retirement savings vehicle for
people looking to do their own thing. But a SMSF is much more
than a super fund that lets its members choose their own investments.
SMSFs are a powerful wealth creation vehicle to maximise a
person’s retirement income and hence their lifestyle.
They can offer substantial rewards for their members including
greater control of investments, better tax efficiency, greater
flexibility, potential cost savings, the ability to structure
their own superannuation and a highly tax effective estate
planning tool.
But many SMSFs are failing to realise
these benefits. For example, the 1999 Rainmaker Information
survey of SMSFs reported that the returns of many SMSFs are
below those of commercial super funds. Primarily these poor
returns were due to poor asset allocation and overweight
holdings in low returning assets such as cash and fixed interest.
These findings have been confirmed by the ATO’s recently
released preliminary statistics for SMSFs.
Danber Financial Planning specialises in advising
trustees of SMSFs. Our SMSF service allows you to make the
most of what a SMSF has to offer. Our main objective in designing
our SMSF service, was to ensure that our clients were able
to take best advantage of their SMSF so they achieve their
financial goals.
Superannuation
Given that we have no affiliation with any fund managers or
product providers we are in the position to objectively review
your current superannuation arrangements and make a recommendation
as to whether you should stay invested where you are or rollover
your funds to another superannuation provider.
Whether your funds are invested in an industry fund, mastertrust,
corporate superannuation plan or retail fund we will assess
the suitability of your current funds and compare them to the
market. You will then be in a position to make an informed
decision of where to invest your superannuation monies to maximise
your benefit at retirement.
Corporate Superannuation
As the name implies, these funds are primarily
designed to accept funds made by employers on behalf of employers
as part of their obligations under the superannuation Guarantee
legislation whereby statutory percentages of each employee’s
salary is contributed the employee’s member account.
Choice of fund has increase the pressure
on the business’ and
the time spent on administration by your payroll staff is increasing.
Establishing a Corporate Superannuation fund can assist in
streamlining contributions. |
