Welcome to Life Plan In your lifetime, you’ll achieve remarkable things – you’ll probably work long hours, change careers, travel, undertake more study, find someone you want to marry, buy and sell property, have kids, wrangle toddlers, talk to a teenager’s hand, travel some more, climb the corporate ladder, babysit grandchildren and leave behind a legacy that they’ll fondly remember. That’s why we’ve created Life Plan. We’re ready to buckle up and come with you for the ride, so you can be confident you’re make the most of every opportunity along the way. We specialise in providing financial advice in areas like: Insurance Being properly insured is a crucial part of financial planning. With so many options on the table and new options entering the market all the time, the right cover for you can be a tough choice to make. We offer the following insurance services. Life Income Protection Child Insurance Total & Permanent Disability Trauma – Critical Illness Superannuation No matter how old you are, you need to have a superannuation plan. Superannuation is the Government’s way of encouraging retirement saving, so there are valuable tax advantages over many other investment vehicles. Broadly speaking, these tax advantages occur at three levels: Contributions made to superannuation may attract a tax deduction or offset. Earnings on superannuation assets are subject to tax at a maximum rate of 15%, and capital gains at a maximum tax rate of 10% (provided the asset has been held for at least 12 months). Further concessions are available when superannuation funds are used to commence an income stream. It can be a complex process, but one that can make a big difference to your financial wellbeing later in life or when you encounter some unexpected bumps in the road. Investments A smart investment plan can help you get where you want to go and avoid disaster; however, you can’t hurry investment decisions or overcommit because there’s always an element of risk. Work with us to discuss if investing is a good option for you and, if so, which investments are most likely to pay dividends. Retirement Retirement is a life-changing event and, as a retiree, you need to find new hobbies and interests and pay special attention to your health. There are a few questions that we can help you answer to make sure your retirement lives up to your expectations, like: What type of lifestyle do you want in retirement? What arrangements have you made to finance this lifestyle? Can you afford to take the chance the Government will be able to keep you in this lifestylewhen you retire? When can you access your superannuation benefit? Estate Planning Estate planning is more than just leaving your possessions to a nominated few. It should also help you keep your assets under control and nominate who’ll make decisions on your behalf if you no longer can. Factors you need to consider: How to protect your assets Probate avoidance How to minimise tax liabilities What to do in the event of illness or incapacity Who to choose to be your guardian or personal representative How to form family limited partnerships and other business entities Succession strategies for family businesses Financial Planning for Business Seeking out and implementing good business financial planning advice will help you weather the storm when there’s economical instability; when cash flow is tight; when you’re experiencing ‘growing pains’ or dealing with legal challenges. It will also give you the confidence you need to plan for future growth. We have two specialist business experts on staff to provide advice and support to our business clients – large or small. There’s not much we don’t know when it comes to managing money and safeguarding your future. (ABN 62 084 598 587) Life Plan Financial Advisors are Authorised Representative(s) of Godfrey Pembroke Limited, ABN 23 002 336 254 Australian Financial Services Licensee A.F.S.L 230690.