Wealth Pipeline

In this month’s wealth pipeline we endeavour to explain the potential attractiveness of investing in the stock market.  We do this by going back to basics.

Salary Packaging can increase your wealth by restructuring your salary or wages to either increase your take home pay or superannuation benefits.

It is an arrangement between an employer and an employee, whereby the employee agrees to forgo part of their future entitlement to salary (or wage) in return for the employer providing them with benefits of a similar cost.

Superannuation as an estate planning asset is often overlooked.  This is despite superannuation becoming the largest retirement investment vehicle, while also frequently holding life insurance payouts.

Depending on factors such as your current year taxable income, your future expected taxable income, expected investment returns, current and future tax rates, your risk profile, your view of legislation risk, government tax offsets and schemes available there may be strategies you can take advantage of. 

Whilst there were many changes in the recent 2010 Federal Budget, today we will be addressing the major superannuation changes.  If you are interested in discussing any of the other changes and how they may advantage wealth creation, please contact us. Superannuation Guarantee (SG) - Increasing from 9% to 12 % by 2019/20