Strategic Financial Advice, a Melbourne financial advisor, launched updated consulting services for Australians interested in setting up a viable retirement plan. After the strict regulations imposed on superannuation funds, the company strives to help its clients create flexible family trusts for improved financial security.
Strategic Financial Advice, a financial advisor based in Melbourne, announced an updated range of retirement financial planning and guidance services for Australians interested in setting up a family trust, learning more about the potential pitfalls of superannuation plans, and benefitting from independent advice on a variety of financial issues.
More information can be found at https://strategicfinancialadvice.com.au.
Australian regulations concerning superannuation plans have made it practically impossible for many Australians to add extra funds to their superannuation accounts.
The maximum limits for both concessional and non-concessional contributions have become increasingly lower since 2006, down from $100,000 to $25,000 (concessional) and from an initial limit of $1,000,000 in 2007 to $1,000,000 (non-concessional).
These limits pose various challenges for Australians looking for increased financial security, especially if they approach retirement age. While superannuation is a popular option for its low taxation rate and convenient asset protection, the strict limits have determined many to look for a more feasible alternative. Family trusts seem to be the more appropriate options, as they offer a wide range of benefits without the strict limitations of superannuations.
Strategic Financial Advice offers complete financial guidance for Australians interesting in setting up a family trust, working closely with each client to come up with a solid financial plan in complete accordance with the client’s resources, needs and expectations.
As an independent advisor, the company’s priority is helping its clients navigate the complex legal and financial regulations in order to decide upon a satisfying retirement plan.
The company provides clients with complete guidance on setting up a family trust. This type of financial option offers increased asset protection and flexible income distribution while also featuring lower marginal tax rates, making it suitable for Australians looking for a solid alternative to the more inconvenient superannuation plans.
Interested parties can find more information by visiting the above-mentioned website.
