The Importance of Getting Reviewed

The Importance of Getting Reviewed

We want to re-enforce the importance of reviewing your situation.   Over the last few weeks, we have been able to better the situations of a many clients with the help of Charley Martinez reviewing mortgages and personal lending, while Rose Hodgins continues to find ways to improve clients budgets, protection and super, and a new addition is Darren Tindall’s new business helping people and businesses through to success with DGTAL Coaching.   If you are due for a review or just need to ask are you in the right situation, please let us know if any of the below has happened and we will book you in; -You have had the same mortgage for some time without a review -You have bought or sold property -You have multiple debts that you need help with -You have changed jobs or received a promotion -You have had an increase in salary or wages -You have had babies -You have been married or divorced -You are thinking about starting a business -You need help sorting your business out -You are looking for guidance through your financial life We have so much to offer in one place! Call 02 6360...
Rose Hodgins now writing fortnightly with the Orange City Life

Rose Hodgins now writing fortnightly with the Orange City Life

In this weeks Orange City Life, check out Rose Hodgins first column, each fortnight Rose with be discussing topics around the importance of protection. Pick up a copy around Orange or go to www.orangecitylife.com.au for anyone out of town. Thank you to Stedo, Ben, Leanne, Melise, Lindsey, Annabele, Sasha and Bob, Please note any images are the property of OC...
Quality assets are not risky

Quality assets are not risky

Hello,   The other day I had a chat with a client who wanted to invest.  He was not sure if he should buy a property or invest in shares; he also wanted to know if shares were risky as he was comfortable that property was a safe investment and assumed shares were not safe. So here is the naked truth about risk and investing…   Quality assets may fluctuate in price over the short term…in the long term the characteristics of a quality assert always prevail. This  is true for both property and shares.   Characteristics of a quality asset – property: Built in the last 12 months Quality fittings and finsishes Dual income stream (for example and granny flat in the back) Close to schools, public transport and schools Growing population in the area     Characteristics of a quality asset – shares; The company has: A long track record of growing it earnings A long track record of growing profit A along track record of paying growing dividends No debt Produces goods or services that the population needs (CBA) to desperately wants (Apple) Stable management with a long track record of delivering strong results   Be open to all assets classes as some may suit your needs more than others. I welcome you to come and have a chat with me about your invetsment ideas or goals.   Have a great day  ...
Rose’s Blog

Rose’s Blog

Rose’s Blog   Three questions I want you to ask yourself; -Who would pay for your rent, your loan’s, your credit card, your bills, your going out, your travelling, your living expenses if you were sick or could not work for an extended period of time?   -Would you prefer to use some of your income or Super monies to get up to 80% of your income protected if you were sick or could not work for an extended period of time and live comfortably or use none of your income or Super monies and have nothing if you were sick or could not work for an extended period of time and live poorly? -When are you going to call me on 02 6360 1232 to book in for an appointment? No matter what your age is protecting your income is essential. Call now for a meeting to discuss protecting what matters to you. Speak Soon...
Rose’s Blog

Rose’s Blog

Hey Everyone, its Rose here and this is my first blog after becoming a Financial Adviser for Risk with pwm advice. Making sure you have Personal Insurances is so important, no matter how old you are! If you think you are protected with the insurance in your Super, I would like to have a look to make sure you are covered for all you need, if you need your Super reviewed also George is able to help you if needed. One question I want you to ask is if you do have your Insurance through your Super who is the insurer of that policy and who would pay you if you needed to claim. If you have AustralianSuper as your Super fund TAL are your insurer through their Group Insurance offering, if you have REST as your Super Fund AIA are your insurer through their Group Insurance offering. What is Group? Group insurance is an insurance that covers a defined group of people, for example the members of a society or professional association, or the employees of a particular employer. The insurers I use underwrite upfront when you apply, so when you claim, you claim and get paid. Group insurance policies may underwrite when you need the money the most, at claim time and may delay or deny a claim as you have never disclosed anything upfront. Is paying for your insurance from Super the most effective way of doing so, there may be a more effective ways of paying for your insurances. Some essential insurances cannot be paid for by Super that I can see if you need...
Do you have what matters insured?

Do you have what matters insured?

Their future is why I not only have myself insured, but why they are insured also.   Do you have what matters insured? pwm advice – protect what matters pwmadvice.com.au 02 6360 1232 #‎insurance‬, ‪#‎businessinsurance‬, ‪#‎incomeprotection‬, ‪#‎family‬, ‪#‎pwmadvice‬, ‪#‎financialadviser‬, ‪#‎OrangeNSW‬, ‪#‎smallbusiness‬, ‪#‎smsf‬, ‪#‎businessrealproperty‬, ‪#‎taxdeductions‬,...
Time to Book in is now!!!

Time to Book in is now!!!

pwm advice is taking new appointments from the 20th of July, 2016, now is a great time to book in an appointment to discuss; -Superannuation -Insurance -Investment… -Cash Flow -Self Managed Super Fund If you are in a Small or Medium Business and need help organising a Super and insurance solution for your staff or a Super, Insurance, Cash Flow and Budgeting solution please call and speak to Penny, Rose, Kel or Lyn on 02 6360 1232 and book in for a stress free...

6 questions to ask your financial adviser

Getting a financial adviser is where the planning process begins for many people. For those who choose this route, it’s important to focus on finding the adviser that suits your needs. To get the desired outcomes for your financial plan, asking the right questions of a financial adviser is a great place to start. All good advisers will be open to answering them, and it will help establish a relationship built on trust and transparency. Are you licensed to give financial planning advice? As recommended by ASIC’s Smart Money only use advisers who hold an Australian Financial Services License (AFSL) or who are authorised by a business that holds an AFSL. What are your qualifications and experience? There’s no such thing as one size fits all in financial advice. When appointing an adviser it’s important to ensure they specialise in the area relevant to your needs such as wealth and investing, insurance or retirement. What are the costs involved and what will I get in return? Before entering any conversation around financial planning, make sure you understand the costs involved. Any financial planner can explain the planning process, the advice given and the fees and charges that come with it. Who owns the company and are you affiliated with product providers? The major financial institutions own up to 80% of the financial planning industry1, so it’s important you are aware of such affiliations. A Financial Services Guide (FSG) provided by a licensed planner will give disclosure of company ownership, products, services, fees and charges related to services. It’s worth noting that some adviser practices are restricted to advising on 3-4...
NSW TRAINING AWARDS 2016 – ROSE HODGINS IS A FINALIST

NSW TRAINING AWARDS 2016 – ROSE HODGINS IS A FINALIST

Hi Everyone, We got the below details on Friday; Good morning Rose Hodgins Congratulations on being a Finalist in this year’s NSW Training Awards. Please find attached your invitation to attend the Gala Dinner being held in Orange on 17th June 2016. Kind regards September last year, Rose started as a trainee with pwm advice and has been an amazing member of our team, she is now a full time employee, our Office Manager and an integral part of our business. No matter the result, our business is nothing without Rose, please join Penny and I in congratulating Rose. Penny and Darren...
Is TTR worthwhile post-Budget?

Is TTR worthwhile post-Budget?

In the 2016 Federal Budget, the Government proposed a range of super changes that have the potential to directly or indirectly impact results from the ‘Transition to Retirement’ (TTR) strategy. Key messages If the proposals are legislated, the key messages to come from our analysis of the changes are: 1. The TTR strategy may still be worthwhile, but in more limited circumstances. 2. The value to be derived will vary depending on the client’s specific set of circumstances. 3. For many people, particularly those under the age of 60, the net benefit from the strategy will be significantly lower under the new rules. 4. The benefit of retaining existing TTR pensions as part of a TTR strategy may need to be reassessed, and unimplemented advice to start a TTR strategy may need to be reconsidered. 5. TTR pensions remain an effective vehicle to support a client who wishes to reduce their working hours. 6. Taxation of TTR pension fund earnings at up to 15% is still lower, in the majority of cases, than the tax payable if the money was invested outside super. If you are interested in knowing more please let us know by calling for an appointment on 02 6360...