Retirement Planning and Benefit Design

Superannuation involves, in order, saving for retirement – the Accumulation Phase - and receiving retirement benefits - the Pension Phase. Arguably, it is the transition from the accumulation to the pension phase that is the most important event in the life cycle of superannuation. It is where strategic planning is most vital insofar as retirement income levels, taxation and estate planning. It is when the real benefits of superannuation are crystallised and enjoyed.

Retirement Planning and Benefit Design involves the analysis of the various ways one may receive their retirement benefits and their respective tax effect. This may involve maximising payments in the early years, to minimising them in the later years; thus slowing down the transfer of capital from the zero taxed to the marginal taxed environment. It may also involve taking a combination of different types of income streams. It will definitely involve estate planning.

To offer such advice, one is required to be licensed under the Australian Financial Services Act. Moreover, experience and technical skill are essential ingredients to good Retirement Planning and Benefit Design advice. Our experience and technical knowledge enable us to help you through this very important transition. Indeed, our relationships with industry experts can assist us to help you beyond just your superannuation needs.

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