What is Financial Planning?

No buzz words, no jargon: Financial Planning is about making you richer and more financially secure.

Newealth provides a single contact point for people from all walks of life and corporate businesses seeking to access a range of Financial Services that can make them richer and more secure.

Most of our clients come to us because they want a relationship with a financial “mentor” who speaks everyday English and can help them develop and implement an ongoing financial strategy to meet their long-term financial goals. Our primary duty and commitment is to you the client, and not to the fund managers, banks or life insurance companies whose investment and risk products we may recommend. Each financial plan is designed and communicated in plain language to satisfy your individual needs.

Our financial planners will listen, draw out and clarify your financial goals, help you make more informed decisions about how to use and protect your money and choose products that suit your circumstances. We’ll provide the best advice to you in the areas of personal banking, stock broking, superannuation, funds management, financing, life insurance, estate planning and other services to produce the optimal outcome which we customise to you.

We will simplify and steer you through any complex economic and legislative factors, keeping a weather eye on the financial markets, and use sophisticated analysis and forecasting tools to help you reach your goals.

Core areas we can also discuss with you include:

• Savings and Investment Strategies for Wealth Creation
• Death and Disability Insurance Advice
• Superannuation and Retirement Planning
• Corporate Superannuation
• Succession Planning

To assist us in the provision of the most comprehensive financial planning advice, we obtain independent research from Standard and Poors, who are widely recognised as one Australia’s premier investment research houses.

Our Financial Planning Process

We’ll get your finances organised so YOU have Peace of Mind: Our Financial Planning Process

Step 1: Collection of Client Information: We’ll meet face to face to discuss and collect your financial data such as detail on income, debt level, commitments, risk profile, etc. Gathering this information is important because any recommendation that our adviser makes is dependant on you the client’s financial situation and your tolerance for risk. Our Privacy Policy guarantees confidentiality of your information.

Step 2: Setting Objectives: This is probably the most important step in the whole process as it forms the foundation on which all other steps are built. At Newealth Pty Ltd we’ll show you how to turn your dreams into realistic goals by taking into consideration:

1. What stage of asset growth are you in – wealth accumulation or wealth preservation etc?
2. How much risk are you willing to assume for a given return?
3. What is the time frame for reaching your investment goals?
4. What is your tax situation?

Step 3: Formulating Strategies: Newealth will formulate a plan for you to bridge the financial gap between where you are and where you want to be in the future. At all times, you chose what feels right and safe for your level of risk and the goals you have outlined.

Step 4: Recommendations and Implementation: Provided that you agree with our recommendations we will then implement the strategy on your behalf. We are remunerated by an on-going retainer, with full disclosure of all brokerage and commission payments received. This allows us to clearly align our interests with the financial success of our clients.

Step 5: Ongoing Monitoring & Review: We regularly monitor your plan to ensure that it continues to meet your objectives. You’ll receive regular contact from your Adviser, with updates and recommendations for your consideration.

Savings & Investment Strategies

Optimise your Savings and Investment Strategies to make your dreams a reality: Savings and Investment Strategies for Wealth Creation

Whether you’re after education for your children, a world trip, or a weekender on the coast, we all have plans and goals we are working towards.

And we all need to plan for the time when we are no longer earning a regular income. In fact, most people who leave the workforce at age 60 can at least look forward to 30 years in retirement. This can be a time to take up new interests, pursue new opportunities or simply enjoy the fruits of our working life.

Provided, that is, that we’ve made the right preparations. Australia now faces a rapidly aging population and the Government’s ability to provide everyone with retirement pensions is diminishing.

Today, perhaps more than ever, our future really is in our own hands.

Long term goals require long term financial planning.

We’ll put together Savings and Investment strategies to meet your goals. Options include:

• Defensive Investments. Many investors are attracted to defensive fixed interest investments, such as bank term deposits, because they provide maximum security. However, past performance indicates that with the effect of inflation, fixed interest investments alone may not provide the returns required to achieve long term goals.
• Growth investments. These include shares and property and are long term investments. They offer a more effective choice for long term investors because they have the capacity to increase in capital value as well as provide income streams.

Imagine your peace of mind knowing you have a plan in place to meet your goals. That’s our Goal!

Death & Disability Insurance

Don’t get caught out: Insure your Family Finances for the tough times.

There is the old saying that two things in life are certain – death and taxes.

Although you get your tax return done every year, when was the last time you reviewed your insurance cover?

At Newealth, we will review you current financial position, look at your personal circumstances and provide you with an understandable plan. Our professional team is experienced in the area of risk insurance management and will provide a comprehensive overview on your insurance requirements.

Lump Sum Insurance: We will review your Death and Disability Insurance with you to ensure you and your family is well covered in case of unexpected death or total and permanent disablement. We will also discuss other areas that need consideration such as serious illness (e.g. cancer or a heart attack) and provide options to help you plan for these unexpected illnesses that will help ease future financial worries.

Regular Income Insurance: Our review will also look at your requirements for Income Protection insurance, taking into account your employment status and any benefits that you may be entitled to in your employment. The review also provided recommendations for your spouse and/or dependants and ensures that a comprehensive insurance package is provided for you and your family.

At all times, the decisions are yours to make. Newealth has access to a number of insurance providers and is able to offer you a range of personal insurance options, which enables us to tailor a package specifically to your needs.

Superannuation & Retirement

Optimise your Superannuation and Receive Cash Dividends throughout your Retirement.

If you are still working, superannuation is still one of the most tax effective investment options available to you to pay for your retirement – but only if you and your employer contribute into it.

In 1992, the government introduced legislation that would compel all employers to provide a minimum level of superannuation cover, for all eligible employees. This is your Superannuation Guarantee (SG) .This has helped to ensure that superannuation is now available to most Australians, where it was once considered a privilege.

This means that your employer is compelled to contribute a minimum of 9% of your current salary into a designated Superannuation fund that will invest your money wisely and provide you with an income when you retire.

We can advise you how much is required to meet your goals

If you plan to rely solely on the Super Guarantee (SG) contributions being made by your employer, then you need to know that SG contributions alone may not be enough. The fact is, these contributions may simply replace what we know today as the Age Pension. We must plan today to support ourselves for tomorrow.

Are you aware of what the cost of living will be when you retire?

How much money will you (and your partner) need each year to live the lifestyle you desire?

Have you put enough super in for the day you decide to retire?

At Newealth, we can project for you, what your income requirements will be in retirement based on your retirement dreams. Armed with this information, we can determine how much money you will need per annum and what your investments will need to produce to provide that income. For most people, Superannuation is a vital part of their retirement strategy. We can recommend how much you may need to contribute to make your retirement goals a reality.

Should you want to check that you are on target to have adequate superannuation in retirement, please contact us so that we can assist you in providing a plan that meets with your future requirements.

We can help you choose the best plan

Now that most Australians have a choice of Superannuation plans to choose from, you need to chose wisely.

As the complexity in superannuation legislation continues to increase, along with the mandatory nature of superannuation, the need for advice in preparing retirement strategies has also increased.

We can assist you chose from a broad selection of Superannuation providers based on their investment performance and history over a number of years. We know the people, the fund managers and their strategies and keep a watch on their performance.