Superannuation

While superannuation provides a number of benefits and taxation advantages, it does provide a number of limitations that need to be considered, particularly in relation to preservation and taxation of benefits.

Benefits that are maintained in the superannuation environment receive a number of concessions, as any income and growth within Super funds will be taxed at a maximum of 15% rather your own marginal tax rate.

Some of the other benefits to be considered with superannuation, include:

  • Cost effective death and disability cover.
  • Benefits under superannuation legislation, super fund monies are protected from creditors in the event of bankruptcy (up to certain limits.)
  • Salary sacrifice options generating taxation benefits
  • Spouse contributions

For advice from our friendly staff please telephone 1300 73 PLAN. We will be happy to assist clients serching for the best superannuation fund for their situation.>

Personal Superannuation

Providing clients with the widest possible array of investment options is one AFPG's goals. Personal superannuation can be tailored to any investors risk profile giving due consideration to the current situation and future requirements.

Business/ Corporate Superannuations

For employers wishing to provide superannuation benefits for their employees and offer insurance and investment flexibility. AFPG have access to a number of different corporate superannuation products designed for employers, whether they have only a few staff right through to large organisations. These employer superannuation products have been designed with the goal of maximising flexibility and ease of administration.

DIY Superannuation Funds

Managing your own super fund puts you in charge of your retirement savings and can greatly expand your investment choices. However, while control and flexibility are attractive advantages of self managed superannuation funds (SMSF), the time and effort required to effectively run your own fund can be an obstacle. AFPG's team of advisers can provide you with that expert advice to maximise your investment returns on a self managed super.

Allocated Pensions, Insurance Annuities

Generally considered retirement specific products, they are designed to pay the owner a regular monthly income while achieving attractive returns on the original capital investment. Compared to a traditional pension product an allocated pension has several distinct advantages. It offers increased flexibility in investment options, it allows you to set and adjust the level of income you wish to withdraw and also allows access to partial lump sums or even a full withdrawal should the need arise.

You may also consider getting a fixed, varaiable, or lifetime annuity insurance product, bust since there is no one best retirement plan for all, call us today at 1300 73 PLAN for specific advice on your transition to retirement.