What you can do to help protect your family’s living standard

What you can do to help protect your family’s living standard   If you have a financially dependent family, you should make sure you have enough insurance to maintain their living standard in the unforeseen event of your death or disability. How does this work? In the event of your death or if you become disabled and can’t work again, the emotional strain on your family can be quickly compounded by…  Read more

Upsize your super with downsizer contributions

Upsize your super with downsizer contributions   In January 2018… Legislation passed that enables people aged 65 or over to make additional super contributions of up to $300,000 per person from the proceeds of the sale of their home from 1 July 2018. These are known as ‘downsizer contributions’ and they can be made on top of the existing contribution caps, without having to meet certain contribution rules and restrictions.…  Read more

Market & Economic Update

  Market & Economic Update Brought to you by MVP Wealth Director – Janean Hicks   Markets and economics are somewhat at crossroads at present. I say this from the perspective that right now I can make an equally compelling case from both a positive and negative perspective. Markets are travelling along reasonably well following some jitters earlier in the year. The environment remains supportive for equities, however, less so…  Read more

Managed Discretionary Accounts Might Be Right For Your Portfolio

Managed Discretionary Accounts Might Be Right For Your Portfolio Article written by Janean Hicks, Director of MVP Wealth   In a time of market volatility, the ability to transact on a client’s portfolio has never been more critical; a delay by even a few days could cost a client thousands of dollars. What Are Managed Discretionary Accounts (MDAs)? Essentially Managed Discretionary Accounts are a service where a portfolio of investments…  Read more

Banking Royal Commission – What Impact Will It Have On Your Business?

Royal Commission – What impact will it have on your business? Article by Janean Hicks – Director of MVP Wealth   As you have probably heard, a banking Royal Commission is being held to investigate the financial advice industry after the big four banks and AMP were accused of malpractice. The aim of the Royal Commission is to find out just how widespread the issue is and to raise standards…  Read more

5 Money Mindsets That Hold You Back From A Secure Financial Future

5 Money Mindsets That Hold You Back From A Secure Financial Future What’s holding you back from taking control of your financial future? Discover the five mind tricks that can stop you from achieving financial success and what you can do to avoid them. Fear of Failure Earning and saving money from your salary is all very well. But setting up an alternative income stream from an investment portfolio can…  Read more

CGT Relief Deadline Is Fast Approaching – Are You Prepared?

CGT Relief Deadline Is Fast Approaching – Are You Prepared? Here’s what you need to know about the Government’s CGT relief for Self-Managed Super Funds (“SMSFs”).   What is CGT relief? Under the new super reforms, you may be eligible for relief from certain capital gains that may arise as a result of complying with the Transfer Balance Cap ($1.6m) and the Transition to Retirement Income Stream reforms that began…  Read more

What is succession planning all about?

What is succession planning all about? Succession planning is one of the more important safety nets for a business owner who wants to build their business with the end goal of selling their business for the maximum value, be it in one, five or 10 years’ time. Yet, as important as this is, many businesses fail to implement a successful exit strategy for their eventual transfer of ownership. The reality…  Read more

Is a SMSF right for you?

Is a Self Managed Super Fund right for me? A Self Managed Super Fund (“SMSF”) gives you more control over your super fund, however, there are a number of duties and responsibilities that come with having them, so make sure you understand what’s involved before you take the leap. SMSFs are not right for everyone, in this article, we will review the advantages of SMSFs and why thousands of Australians…  Read more

Video – Tax Planning Strategies – Why use a bucket company

In the lead-up to 30 June 2017, we want you to know why using a “bucket company” can be a great strategy to saving tax on trust profits distributed. Watch the 2 min video below to learn how our expert tax planning advice can help you reduce tax and increase your wealth at the same time.   https://youtu.be/R9tcB6-gBqM   Contact us today! The sooner we get started, the sooner we…  Read more

Video – How to capitalise on your last chance to make BIG superannuation contributions

Superannuation contributions are a great tax effective way to save for your retirement and can help significantly cut your tax liability when done correctly.  So check out the video below to see if this tax reduction strategy could work for you! Let’s face it nobody wants to pay a cent more in tax than they really need to.  However every year we see thousands of business owners pay above the…  Read more