Financial Planning

We provide a full range of financial planning services, and it is vital that we clearly identify your financial goals and objectives.

Some clients require very specific information, or advice concerning only a part of their financial position, and we are happy to provide limited advice in these circumstances.  We will monitor and review any recommendations we make to ensure that they continue to deliver the outcomes for which they were designed.

Superannuation and Retirement Planning

Superannuation is a complex and confusing area.  We are experts in this field and can offer advice on contribution levels, which fund best meets your needs, tax planning, and retirement income streams and pensions.

We can advise whether a self-managed superannuation fund might be appropriate for you.  In general, we recommend that clients remain with their existing superannuation provider if they are delivering what you expect.  We will only recommend a change if the current fund is not meeting your expectations or insurance needs.

Redundancy Advice

JM Financial Planning specialises in redundancy advice and have helped many of our clients through this difficult time.  If you are leaving your employer as a result of a bona fide redundancy, some or all of your redundancy payment will be tax-free and must be taken in cash.  If your redundancy payment exceeds the maximum tax-free amount, the surplus will be classified as an Employment Termination Payment.

Your Personal Insurance Needs

The foundation of any comprehensive financial plan is the protective mechanisms built into it.  For anyone who is financially unable to retire, or does not have the financial resources to provide for themselves without employment, this generally indicates the need for a personal insurance review.

Our specialised knowledge in this area enables us to fully assess your needs to identify any shortfall in your existing cover.  We then make recommendations that will provide the protection you require.

Our Approach

We develop solutions to place our clients in their best possible financial position.  The selection of products is very much a secondary decision.  We will seek out the best method of achieving your goals.

We can receive payment for their services in a number of ways.  Clients may be asked to pay a fee for service, or a charge for the amount of funds that the advice covers or alternatively, we may receive brokerage or commission which is paid by a financial product provider. 

We may also choose to offer a mix of both methods to suit your needs. In any case, we will always fully disclose the fees received, and put your best interests first in our product selection process.  Under no circumstances will we choose a product because of an increased benefit to us.

 

Practice Statement