Financial goal setting and tracking
It is sometimes said that those who fail to plan, plan to fail and this applies to individuals as well as businesses. Key to planning is knowing what questions to ask and what issues to consider. From this perspective, having a knowledgeable advisor involved in the process can be invaluable.
Insurance and Investment Advice
Munro’s ensures a consistent approach to investment and insurance advice by using the services of Munro’s Financial Advisors Pty Ltd. We work closely with specialists in these areas of expertise to ensure that our knowledge of your affairs is carefully considered when assessing your insurance requirements and investment objectives.
Munro’s understands the rules of the game when it comes to commercial or residential investment property. We are able to advise on purchasing, ownership and financial structuring, provide guidance on tax minimization and model returns and growth.
We like superannuation as a life planning tool and you’d like the tax and cash flow advantages flowing from super to build your wealth a bit faster. But what assets, timing and how much you feed into superannuation needs some thought.
From 1 July 2016, advice about superannuation has to be provided through an Australian Financial Services Licence. In order to continue to provide personal advice to our clients in relation to superannuation and self managed superannuation funds, Munro’s chose to be authorised through the SMSF Advisers Network Pty Ltd (SAN) – an Australian Financial Services Licensee (No 430062) and wholly owned subsidiary of the National Tax and Accountants’ Association Ltd (NTAA). SAN’s website address is www.san.com.au and its ABN is 64 155 907 681.
SAN supports Munro’s in providing advice regarding:
- Establishment of SMSFs
- Contribution strategies (amounts, types, withdrawal and recontribution)
- Pension strategies (account based and transition to retirement)
- Transfer of business real property into superannuation
- Withdrawals, commutations and death benefit payments
- Limited recourse borrowing arrangements
- Provision of an asset class investment strategy (based on an assessment of your risk profile)
- Winding up of Self Managed Superannuation Funds
Munro’s (ABN 85 012 245 900) is a Corporate Authorised Representative of SAN - Corporate Authorised Representative No. 124 4118 and Munro’s personnel authorised by SAN to provide superannuation and self managed superannuation fund advice are:
S.J. Strawbridge – Authorised Representative No. 124 8374
M.A. Beer – Authorised Representative No. 124 4112
C. Prasetia – Authorised Representative No. 125 1371
B. Paul – Authorised Representative No. 124 8373
Munro’s has considerable experience in helping clients to structure their business or personal affairs and is able to help with implementation of the desired structure whatever vehicles are used.
Trusts are often used in wealth planning, and Munro's has considerable experience in their application and administration and is able, for example, to assist with formation, administration, taxation, annual accounts, asset management and income distribution.
Retirement and Estate Planning
When that day eventually comes, happiness in retirement will depend on your expectations being met. Munro’s helps you spell out those expectations and helps you work towards achieving them. We also assist with your will, to make sure that when you die you will have an up-to-date will that accurately reflects your life plan and passes on your residual wealth to those you care about.