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1300-693-511About Financial Planning
JPM Investment Group provides strategic advice in a number of areas of financial planning. Our financial advisors are qualified and experienced in the following areas of financial planning advice.
- Superannuation
- Investments
- Wealth Protection (Life insurance & Income Protection)
- Budgeting & Cash Flow Analysis
- Retirement Planning including Transition to Retirement.
- Tax Planning & Salary Sacrificing
- Estate Planning
Superannuation
Superannuation forms an integral part of your long term retirement plans. Whilst many Australians do not take particularly high interest with their Superannuation until later in their life, we feel that all Australians should take careful consideration to their Super, how it is invested and the fees charged within your account. Superannuation (in conjunction with your investments) forms part of your total wealth position. This is why, we at JPM Investment Group place a high level of importance to Super for all working Australians.
Investments
Investments can be divided into a number of categories, such as investing in property, domestic shares, international shares, commodities, term deposits or cash accounts. At JPM Investment Group, we access fundamental information on the global economy to determine how this will drive and/or impact certain asset classes. By investing in the right asset at the right time this can maximize your portfolio returns and hence your overall net worth position.
* For Superannuation and investments, clients with investable assets greater than $85,000 we utilize appropriate accounting structures to facilitate the holdings of the asset. These preferred accounting structures are known as Self Managed Super Funds "SMSF" and a Family/Discretionary Trust which are established and managed by our internal accountants.
Wealth Protection
Wealth protection is an extremely important part of your overall plan to accumulate wealth. The inability for you to generate income through your working life now and into the future will certainly impact your ability to build your net worth. As such, incorporating proper wealth protection such as Life Insurance and Income Protection is an extremely important component to any wealth plan to protect you, your family and assets. Our independent advisors have access to all of the major insurance providers in Australia which will ensure you receive the best price without compromising your cover.
Budget & Cash Flow Analysis
Understanding your budget and subsequent surplus cash flow position is an extremely important ingredient to generate wealth. At JPM Investment Group, we advise clients to treat their household like a business. Every month, revenue (wages) come into the houshold and outflows (expenses) leave the household. Understanding your budget will allow you to determine a critical component to you - "your surplus cash flow position".
By understanding your surplus cash flow position, this may allow you to use that surplus for wealth creation opportunities such as buying an investment property, salary sacrificing into super or implement a debt reduction program on your home loan. Budget analysis is an integral part to the overall strategic advice and planning to ensure your household remains profitable.
Retirement Planning (including Transition to Retirement -TTR)
Retirement Planning is an extremely important area for clients who are in the later stages of their working life. Some of the key areas of interest for pre-retirement planning is to assist clients in understanding their income requirements for retirement and how much capital or lump sum they require to generate a sustainable income for retirement. By assessing the current financial position and incorporating proper independent advice and planning, we are able to provide solutions to clients that will assist them in accumulating the required capital or lump sum for retirement.
There are many areas of strategic tax planning advice that clients can look at implementing whilst they are still working. One such strategy is the Transition to Retirement (TTR) strategy. Transition to retirement allows an individual to continue to work whilst at the same time convert their super into a pension account. As such, the tax attributed to your super assets is reduced from 15% to 0% as pension accounts do not incur any tax on income or capital gains.
Tax Planning & Salary Sacrifice
Tax planning and salary sacrifice are other important areas that form part of our strategic advice to clients. Our independent financial advisors will assess your current tax position and incorporate strategic advice to ensure you receive the maximum benefits of tax planning and advice.
There are a number of areas to consider in tax planning and these include the positioning of salary sacrificing, gearing to invest (where appropriate), prepaying interest to tax deductible loan items, lease arrangements and family trust structures.
Estate Planning
Estate Planning allows you as the client to be assured that your assets are left to the people you care about most. Estate Planning is designed to establish a Will to ensure you allocate your assets appropriately, structure the assets to your family in the right structure and ensure a power of attorney is in place should a member become permanently incapacitated.
