While superannuation has done its job in providing a low tax environment to save for retirement, Austock Life is finding that more clients that have ordinary money invested are seeking other annuity-like structures to sit alongside their superannuation pension accounts or ordinary annuities to boost income and make the money last longer. Clients, or their […]
Austock Life
Capped-out superannuation accumulators look for alternatives
The superannuation reforms have now passed the Senate and will be in place from July 2017. Post July 2017 high income/high net worth clients and indeed some before then who have already triggered their bring forward contributions, will look for alternative, tax efficient and flexible structures to invest in. Like superannuation, Imputation Bonds are a tax-paid […]
How does a family amass enough ‘after-tax’ assets to fund education?
A bond can be established using a savings plan with the intended purpose of building the investment to a certain level, from which point it can be drawn down to finance a child’s education costs.
Funding home ownership – can Grandma help?
The high cost of home ownership particularly in Australia’s major capital cities is worrying many families as to how the children/grandchildren will enter the market.
Early access to money is available with an insurance bond – not with super
Younger generations now have longer to wait for their superannuation as the preservation age has risen to 60 and is mooted to rise further. As a long-term growth investment, under a tax-effective product structure, insurance bonds are ideal for many life-event, financial, tax and estate planning objectives. Earnings taxed within an Insurance Bond are capped […]
Avoid a challenge to charitable bequests by unhappy family members
Charitable bequests are often the target of disgruntled family members left out of, or unhappy about the contents of the deceased’s Will. It is possible to make charitable bequests and ensure the wishes of the benefactor are privately and directly met outside of a legal will and the deceased’s estate. “Some Insurance Bonds have a […]
Personal planning strategies that suit imputation bonds
The taxation and other features of the modern Insurance Bond favourably positions it as an alternative vehicle to using a family or discretionary trust for some personal planning strategies. Insurance Bonds (like the Imputation Bond) are the next best investment vehicle to superannuation and are experiencing a rebirth as a finance, tax and estate planning […]
Austock Life expands popular Vanguard Tax-Paid Range
Austock Life announces the expansion of its Imputation Bond’s popular Vanguard Indexed range by adding three new investment menu options.