Posts by Tamara Carman
How to Choose a Financial Adviser
The value of financial advice can be priceless but taking that first step in selecting an adviser and meeting with them can be daunting. It is a common misconception that you must have lots of money to benefit from financial advice, so many do not feel they can achieve anything from a relationship with an…
Read MoreAre You Retirement Age Ready?
As an adviser who specialises in retirement planning advice, I meet with people on a daily basis who are often stressed and concerned about the thought of approaching Retirement. The question most often asked is, “at what age can I retire.” I find these concerns are often triggered by many misconceptions including the belief that:…
Read MoreUpdating Centrelink and Supporting Documentation
From time to time, as a result of changes to your situation, you will be required to update your assets with Centrelink. When these changes occur, Centrelink often requires substantiation of these changes. Should you advise Centrelink of a change to your bank account, Centrelink will require a copy of your bank statement to substantiate…
Read MoreLimit the Impact of inheritance on your Centrelink Age Pension
As financial planners, we assist clients through many stages of life. Unfortunately, one of these stages is helping clients determine how best to invest an inheritance following the passing of a loved one. A discussion often had is how the inheritance may impact their existing Age Pension entitlement. Receiving an inheritance may or may…
Read MoreMaximising your Superannuation Contributions before 30 June 2017
The Government is set to make changes to the amount of money you can contribute to your superannuation from 1 July 2017. It therefore makes sense to review your contribution strategy in the lead up to these changes as superannuation, with its many tax benefits, is an attractive way to build your retirement savings. For…
Read MoreInheriting superannuation? You have options
Receiving an inheritance comes with mixed emotions and ensuring you understand the impact on your circumstances is critical. Inheriting a superannuation fund especially, requires planning to ensure you are getting the best outcome. Unlike a cash inheritance, there may be tax implications depending on how you wish to receive the funds. Before completing and processing any…
Read MoreConfirming your identity with Centrelink
When it comes to applying for a Centrelink entitlement, most people are quickly overwhelmed with the length of the application process. Various forms take time and effort, and the stress can often make it easy to forget that Centrelink requires additional details including some to confirm your identity. It is only after they confirm your…
Read MoreCommon Redundancy FAQs
While the idea of facing a redundancy isn’t pleasant, it can be a possibility. To help guide you through the process, below are the answers to the questions we hear most frequently. How much will I receive? Whilst the total size of a redundancy package will vary from situation to situation, packages will typically include…
Read MoreEstate Planning – Reversionary Pension and Binding Death Nomination
In this weeks Q&A, we answer Deb’s estate planning question about a reversionary pensions and binding death nomination.
Read MoreInvestment Wisdom from the Experts
Investing for success is not an easy process. Although many claim to have the key, only a select few truly possess investment wisdom. Here at Muirfield we have a few simple investment philosophies which have proven to be very effective over the past 27 years. First and foremost is our KISS principle. We have…
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