Avoid unnecessary complexities for the people you love

by Ross Munro, Financial Adviser

If you want the best financial outcome for your family and loved ones in the event of your death, you need to plan ahead. Your assets, superannuation and potential insurance benefits could add up to a significant inheritance for your beneficiaries, but without advice, you could leave unwanted tax complications for the ones you love. Continue reading “Avoid unnecessary complexities for the people you love”

Our client-focused approach to emerging technologies

by Brett Cribb, Financial Adviser

It’s 6pm and you’ve got a quick question for your financial adviser but at this time of day, all you can do is email to arrange an appointment. Imagine a scenario where you don’t have to schedule a meeting or wait for your next financial review. Instead, you simply speak your question into a phone app which securely delivers back to you a personalised answer a minute or so later.

This type of interaction, where new technology directly benefits clients, is of particular interest to the team at Stratus. Continue reading “Our client-focused approach to emerging technologies”

Act NOW to ensure your super strategy considers the new contribution caps

by Ross Munro, Financial Adviser

Introduced on 1 July 2017, the superannuation cap for concessional contributions is now just $25,000. Unlike the previous caps of $30,000 (for those under 50) and $35,000 (for those 50 and over), the new cap applies to everyone, regardless of your age.

If you have been making maximum concessional contributions or salary sacrificing in line with the old caps, you will need to make changes before 30 June to avoid paying additional tax on these contributions. There may still be time to do this, but only if you act NOW and you have not already exceeded the cap. Continue reading “Act NOW to ensure your super strategy considers the new contribution caps”

How to Protect the Entire Family #2 Make the most of all your superannuation opportunities

by Financial Advisers Brett CribbRoss MunroSteve Nicholas and James Marshall

 

When financial planning is considered a whole family obligation that spans all generations and encompasses the needs of everyone: children, parents and grandparents, then the whole family can not only gain wealth, but protect it from unforeseen circumstances.

While estate planning matters are certainly important for the end of life, it is financial preparedness during life that helps the collective family wealth to survive should adversity affect any member of the family.

So far in this series we have considered how a family approach to insurance can protect the wealth of the whole group. In this article, we explore the role of superannuation in creating wealth across multiple generations. Continue reading “How to Protect the Entire Family #2 Make the most of all your superannuation opportunities”

How to Protect the Entire Family #1 Consider insuring all family members that can be insured

by Financial Advisers Brett Cribb, Ross Munro, Steve Nicholas and James Marshall

 

In this series of articles on How to Protect the Entire Family, we consider what you can do in three key areas – insurance, super, aged care – to help build and protect the wealth of your family across generations.

Preparing a Will and an Enduring Power of Attorney are standard estate planning considerations for the end of life. However, it is just as important to be financially prepared during life, so that the wealth of the entire family can survive any adversity that may affect a member of the family. Continue reading “How to Protect the Entire Family #1 Consider insuring all family members that can be insured”