Services

Financial Planning is much more than money management. Financial planning is about setting your personal and financial goals and developing strategies to achieve those goals.

It can be extremely complex, especially when superannuation and tax issues arise. Even if you are capable managing your own financial affairs, you may not have the skills, inclination or time. Our financial planners are qualified and willing to help you overcome all these issues and our strategies are flexible enough to cope with your changing personal circumstances.

While running a successful business or earning a substantial income will afford you a certain quality of life in the short term, to achieve true financial freedom and the lifestyle you desire for the future it is necessary to build additional assets and wealth.

Whether you are looking to grow your business, acquire an investment property, educate your children or save for your retirement, Prime Partners can help you develop strategies to increase your wealth through the use of:

• Tax-preferential investment vehicles such as superannuation funds
• Tax-effective gearing to acquire and build larger investment portfolios

Legal knowledge to maximise the after-tax return on investments and to ensure that all entitlements are obtained

In business, as in life, it is not always possible to avoid risk. However, it is the way in which that risk is managed, that determines your financial and personal security. Failure to plan for potential risk factors can often have serious adverse consequences for your business, placing enormous strain on you, your family, staff and clients.

Risk management is now considered and essential element of any sound financial plan. It involves the careful identification, analysis and monitoring of risks associated with relevant business functions, in order to develop a strategy designed to reduce losses and increase opportunities.

A professionally prepared risk management plan can assist with improving safety standards, minimising the threat of legal action, satisfying regulatory compliance requirements and fostering better business practices.

Prime Partners’ experienced advisers can work closely with you to develop a risk management strategy that provides peace of mind and security for you, your family and business.

We offer advice and assistance on:

• Appropriate legal structures to minimise loss
• Appropriate insurances to compensate for potential losses or to ensure continuation of income
• Future retirement strategies
• Debt elimination
• Succession planning

While paying tax is an essential part of life, how much tax you pay can greatly impact your quality of life – now and in the future. In order to create the lifestyle you desire and achieve your financial goals, it is important to include tax-effective planning as part of your total financial strategy.

Whether you are currently working or about to retire, tax-effective planning can help to reduce your tax liability, increase your wealth and protect your assets.

Prime Partners can offer you the financial and legal expertise to achieve the most appropriate tax solution for your business or personal needs. Our aim is to assist you in structuring your finances to help you maximise your income during your working life and preserve your wealth in retirement.

We can provide advice on:

• Superannuation
• Negative gearing
• Salary sacrifice
• Retirement timing
• Tax-effective rollovers
• Allocated pensions
• Saving outside superannuation
• Access to the aged pension if available

As the number of retirees in Australia continues to grow, the need for retirement planning has never been greater. The age pension may not be sufficient to support your lifestyle expectations when you retire, requiring you to fund your own retirement. Increases in inflation over time will also impact the cost of goods and services, which means that your current savings may not be sufficient for the future.

Changing tax and superannuation laws also add to the complexity of retirement planning and a lack of expert knowledge could result in a less than desirable financial outcome.

Prime Partners’ experienced team of financial planners can make planning for your retirement an enjoyable and rewarding process. We work closely with you to develop a plan that includes superannuation and investment strategies to help meet your specific situation and financial goals.

Our expertise covers the following areas:

• Business succession
• Income streams
• Superannuation & rollovers
• Self-administered superannuation funds
• Master trusts & wrap accounts
• Allocated pensions/annuities
• Term allocated pensions
• Tax implications
• Social security implications

If you or a family member can no longer manage to live independently in the family home, you may need to consider moving into a residential aged care facility.

Before you do, there are many factors to consider, including your eligibility, the costs involved and the effect this has on your finances and lifestyle.

We can help you;

• Implement strategies that may significantly reduce the up front and ongoing costs
• Potentially keep the family home without rent being assessed

Prime Partners Financial Planning Pty Ltd has engaged Professional Investment Services Pty Ltd (PIS) to provide financial planning services through PIS authorised representatives.

PIS as the holder of an Australian Financial Services Licence (No 234951) is authorised to, and carries on a financial services business which includes the provision of financial product advice and dealing in financial products.

The advisers of Prime Partners Financial Planning Pty Ltd can provide financial services as authorised Representatives of Professional Investment Services Pty Ltd ABN 11 074 608 558, an Australian Financial Service Licence holder (No 234951)

Please click here to download the PIS Financial Services Guide and Privacy Policy

If you have a complaint at anytime, please click here to lodge it.

PIS Head Office

Level 14

Corporate Centre One

Corner Bundall Road and Slayter Ave

Bundall QLD 4217

www.profinvest.com.au