There are many benefits to holding an SMSF, and there’s one extra risk in retirement planning that you may not have realised is better managed in the SMSF environment says Bryan Ashenden, Head of Financial Literacy & Advocacy, BT Advice Services.
Clients who are currently using geared investments, or who are interested in them, could benefit from a borrow to grow strategy. BT offers a number of loan options to service this strategy such as a BT Margin Loan or Westpac Instalment Warrants.
The invest to grow strategy shows how investing in equities can be an effective long-term investment. The strategy considers the differences between SMAs and IMAs from a client perspective, and outlines the benefits of using a BT Managed Account.
The demand and usage of managed accounts is growing because of their win-win nature – while they have mostly been recommended for the transparency, tax-efficiency and portability they give a client, other benefits are now being realised.
Managed accounts give your clients more transparency and control over their wealth. Find out how you can build stronger client relationships, by providing valuable investment education and detailed reporting.
This article discusses both the advantages and disadvantages of holding insurance within super, and also discusses how clients can still have comprehensive cover and not be impacted by certain restrictions of when insurance is held in super.
Almost a third of an Australian financial planner’s time is spend on compliance and administration, compared to a global average of less than 20% highlighting the need for advisers to find more efficient ways of operating.
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