Another tool for enhancing your employee benefit program is the provision of group insurance for staff. The benefits of group insurance include:

Lower premiums than individuals can acquire (group buying power)

Automatic acceptance of cover for staff, up to pre-determined limits. This is particularly good for those staff that through age, medical history or family history may be unable to secure cover on favourable terms if at all.

Staff are able to take the cover with them when they leave your employment

Cost of cover can be surprisingly low, whilst the perceived benefit is high

Tax and cash flow friendly funding mechanisms.

LIFE Financial Planners are able to help you design a company insurance plan to suit the needs of both employers and employees alike. In addition to designing and advising on the correct structures for your insurance, we act as a broker to source value for money quality cover from leading providers. We also manage the claims process when the need arises.

Optional Services:

Assist in the development of a company policy on superannuation. This includes contribution philosophy, provision of insurance and member communication;

Provide education workshops for Policy Committee members;

Run insurance tenders, benefit comparison reports, and the co-ordination of the installation of new policies;

Conduct triennial Policy Committee elections, (including preparation of all documentation and acting as returning officer); and

Financial Advisers Erina Assists with superannuation due diligence if you are acquiring a new company.

Financial health checks to review a client's existing situation and identify risks and opportunities for optimisation.

Wealth Generation to provide passive income that can facilitate lifestyle benefits and work/life balance through career changes and partial or full retirement.

Restructuring and strategy development to achieve income splitting in an entirely legal way.

Financial Structure Advice regarding appropriate use of company, trust and super structures to achieve benefits such as tax efficiency, asset protection and inter-generational transfer.

Estate planning strategy & implementation to ensure that assets pass to the right people at the right time and in the most tax effective way.

Personal and investment cash flow management, which enables the blend of strategies such as negative gearing, salary sacrifice, debt repayment & tax planning to be utilised to a high degree with lower risk.

Establishment and management of appropriate Superannuation vehicles to provide greater after tax investment returns prior to retirement, and tax effective income in retirement.

Strategic advice relating to redundancy and rollovers of Employee Eligible Termination Payment's (ETP's) etc.

Review of requirements for personal insurance to minimise financial risk whilst building assets to allow self insurance ASAP. Click here to read more about our insurance offering............

Advice regarding structure of all types of lending.

Implementation and management of ‘Philanthropic Portfolios' which allow a client's assets, such as an investment property or investment portfolio, to be used as security for a conservative geared investment program. The income from the investments can be donated to a registered charity of the client's choice.

Asset protection strategies for those in high risk occupations.

Solving Capital Gains Tax issues through alternative strategies, non-crystallisation of gains, or minimising the tax on gains already triggered.

Investment recommendations suitable to specific client needs.

Mailing house and administration services.

Wealth Coaching for clients who are generally ‘do it yourself' investors with significant experience, interest and skill, but like to utilise our objectivity to add significant value to their investments.

Financial Advisers Erina