Superannuation Consulting

Clients obtain from us the most current and effective superannuation strategies and tax advice available ensuring they maximise their after tax investment returns and that they remain compliant with the Superannuation Industry Supervision Act (“SISA”) and the Superannuation Industry (Supervision) Regulations 1994 (“SISR”).

We provide high level strategic consulting advice for SMSF's in the areas of:

• Establishment / Review of SMSF's; 
• Segregated investment strategies;
• Designing pension strategies;
• Investment reserving;
• Estate planning strategies;
• Transition to retirement strategies;
• Instalment Warrants (Borrowing within SMSF's);
• Contribution strategies, including in-specie property contributions;
• Contribution splitting.

Our services are designed to assist Professional Advisors and clients in the practical implementation of the multitude of strategies available for asset protection, wealth accumulation, retirement incomes, succession planning and tax minimisation.

For example:

Asset Protection

One of the key benefits of an SMSF is that assets in a SMSF are protected from creditors. So if a member gets into serious financial difficulty, their benefits in a fund are protected from creditors in the event that a member becomes a bankrupt.

Wealth Accumulation

SMSF’s offer unlimited investment choice by allowing members the freedom to invest in areas that they wish. As an example, unlike retail or institution super funds, business owners can buy their business property with monies in their fund, and then proceed to lease it back to their business. Inheritances can also be put into SMSF’s, allowing funds to grow in a low tax environment and then be used to generate tax effective retirement incomes.

Retirement Incomes

SMSF’s can provide investors with retirement incomes as well as being used to accumulate funds for retirement. SMSF’s can pay the most appropriate type of benefits to members - complying or allocated pensions – with member’s pensions being held back and transferred for the benefit of other members of the fund when they become deceased.

Succession Planning

SMSF’s are unlike any other investment or superannuation vehicle - they represent a great estate-planning tool providing an effective way of transferring wealth in accordance with the deceased’s wishes and intentions. Assets can be distributed in the most tax effective manner to its remaining members, either as a lump sum amount, a pension, or an “in specie” distribution.

SMSF’s enables members to plan where their money will go on upon their death with certainty.

Tax Minimisation

One of the most attractive benefits of using a SMSF are the concessional tax benefits available. During the accumulation phase, income is taxed at 15% and capital gains at 10%. Excess tax credits from imputation credits may reduce these tax rates even lower as they can be used to shelter tax payable on other income, capital gains, or contributions made into your SMSF. During the pension phase – both income and capital gains are taxed at 0% accordingly.

We can provide full pension services, including all supporting documentation and advice to implement retirement income streams. We also specialise in implementing restructuring initiatives that can maximise client’s opportunity to utilise $5million tax free in asset exemption on the disposal of their business.
 

Retirement Planning

Optimus Private Super has recognised the need from our clients for strategic client focused financial planning advice rather than the traditional product driven financial planning advice. Our Retirement Planning service provides fee for service advice for our clients which will enable them to be financially well organised, create and protect capital and achieve their desired lifestyle.

We are experts in strategy, not in selling financial products. We believe that with the right strategies and structures in place you have a firm foundation upon which to achieve your retirement goals.

In addition to helping our clients be financially well organised, our service has four general objectives:

1. To help our clients understand clearly where you are now in financial terms. We undertake this task by preparing a detailed cash flow analysis for you.
2. To help our clients define and cost your desired future lifestyle.
3. To help our clients develop and implement a Plan to achieve that desired future lifestyle.
4. To help our clients make sensible provision for possible financial catastrophes.

Once we have established our clients desired future lifestyle and the appropriate strategy that will enable them to achieve it, we design an investment portfolio that is appropriate for them. All of our clients are unique and each investment portfolio will be based on their desired future lifestyle, present position and attitudes towards investing.

Provided by Optimus Private Super a Corporate Authorised Representative of Optimus Financial AFSL No. 253120