Specialist issuer, Austock Life, with an insurance bond book of $600 million says that the re-emerging insurance bond market is set for a further growth spurt due to the introduction of lifetime caps for non-concessional contributions no matter who wins the election. Largest BDM team for one product: insurance bonds As the leading player in […]
Austock Life
Advisers and investors coming to grips with new uncertain world of super
The 2016 Budget and whatever the outcome of July’s 2016 Federal Election inevitably points to a major redesign of super concessions aimed at lessening their attraction to higher income and wealthier clients.
Wills fail asset transfer tests
There is something about wills which brings out the worst side of human nature. People who under ordinary circumstances are perfectly upright and amiable, go as curly as corkscrews and foam at the mouth, whenever they hear the words “I devise and bequeath”. Dorothy L Sayers. Mystery writer Dorothy Sayers hit it on the head when […]
High course fees equals high student debt – What can grandparents do to help?
It is estimated that Australia’s Higher Education Loan Payment (HELP) program annually makes student loans totalling more than $6 billion.1 So unless students (or often their parents or grandparents) can afford to pay their course fees upfront, they face the reality of having little or no choice, but to take on potentially serious levels of […]
Estate planning and intergenerational transfers: Consider Insurance Bonds
Richard Atkinson from Austock Life spoke today at the Sydney session of its Taking Control of Estate Planning adviser roadshow.
Imputation bonds and superannuation
Insurance Bonds are the next best sheltered tax vehicle to super and can deliver personal tax arbitrage benefits for higher taxed investors. They also open a multitude of financial planning strategies and solutions. Ross Higgins from AUSTOCK Life is seeing more clients and their advisers using Imputation Bonds in ‘strategy-based’ and/or ‘alternative structuring’ applications that […]
A solution for smooth wealth transfer between the generations
Insurance bonds offer the simplicity of creating lasting inheritances and inter-generational wealth transfers, says Richard Atkinson from Austock Life, a leading specialist issuer of insurance bonds. As you can structure insurance bonds with vesting dates out to a child’s 25th birthday, it can be a simple and cost-effective way to create lasting inheritances as well […]
When a will is not the only way
Many high-net worth individuals are unaware of the limitations in making a will if their goal is to ensure that certain assets go to specific beneficiaries. Superficially, making a will is encouraged as an essential for all adults whether they have many assets or very few. At the very least, conventional wills meet short-term estate […]