QUALITY ADVICE FOR A FINANCIALLY SECURE RETIREMENT RETIREMENT PlaNNINg ESTaTE

QUALITY ADVICE FOR A FINANCIALLY SECURE RETIREMENT RETIREMENT PlaNNINg | ESTaTE PlaNNINg | SUPERaNNUaTION | INSURaNCE | INVESTMENT | INdUSTRy SPECIalISTS HNW PLANNING HNW Planning and I welcome you to this introductory booklet. Here we outline the areas in which we can assist you to achieve your financial goals. We seek the opportunity to understand, however complex, your goals and aspirations, to ensure the advice we offer you not only meets your expectations but also excels in reliability, integrity and professionalism. You will find that together we will develop a trusting relationship through which you will receive the very best professional advice. HNW Planning can deliver to you advice regarding: Retirement Planning Superannuation Personal Insurances and Debt Management. This advice will be ethically based, individually crafted and regularly reviewed. It is never too early to seek quality professional financial advice if you are to maximise your wealth creation opportunities and to secure the very best for your family. HNW Planning and I look forward to assisting you. ROBERT CUMMING PRINCIPAL AND FINANCIAL PLANNER Robert has been a Financial Adviser since January 1996 and self employed business owner since December 1999. He is the Principal and a Representative Financial Planner of HNW Planning. Robert is a Certified Financial Planner, Member of the Financial Planning Association, and Self Managed Superannuation Fund Specialist Adviser. Robert is also an Accredited Mortgage Consultant. Robert has worked for a Bank and two multinational food manufacturers prior to 1996 with working experience both in Australia and overseas. Robert holds a Bachelor of Agricultural Economics (Hons). Robert Cumming Principal INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Introduction to HNW Planning HNW Planning provides financial planning advice to help achieve financial and lifestyle objectives. HNW Planning is privately owned and operated, located at East Gosford on the Central Coast of NSW. Our client base stretches across the country in both regional and metropolitan areas. HNW Planning holds an Australian Financial Services License (AFSL) and is a Principal Member of the Financial Planning Association (FPA). The Principal, Robert Cumming, is a degree qualified Certified Financial Planner (CFP) and a Self Managed Superannuation Fund Specialist Adviser (SSA) through the Self Managed Superannuation Funds Professionals Association of Australia (SPAA). HNW Planning is also a Full Member of the Mortgage & Finance Association of Australia (MFAA) and advisers are Accredited Mortgage Consultants. HNW Planning specialises in giving advice to pharmacists and dentists. Our experience has built a significant familiarity with issues relevant to these professions and to small businesses in general. We have particular skills in assisting high income individuals and high net worth family groups. Retirement Planning & Strategies Estate Planning Self Managed Superannuation Personal Insurances debt Management Ethical Investment Investment advice & Strategies High Net Worth Specialisation Corporate advice Industry Specialisation CLIENT TESTIMONIAL Our general financial viability and that of our Superannuation trust has been enhanced, immeasurably, by the professional advice provided by Rob Cumming and his staff at HNW Planning. We have been particularly impressed by the breadth and currency of the knowledge displayed by staff at HNW Planning and by their capacity and willingness to apply that knowledge to our advantage. Moreover, the network L M Koder AM Emeritus Professor USyd BSc PhD (NSW) MSc (N’cle) Academic & Management Consultant and K L Koder B Teach, Grad Dip Edu (Teach Lib) Retired Teacher Librarian of related professionals established by HNW Planning has strengthened their ability to provide holistic solutions to diverse and complex problems. We are also impressed by the tolerance shown for our initiated, alternate investments outside the HNW Planning framework. It has been a pleasure to work with a group of people whose courtesy and efficiency is exceeded only by their integrity. We have no hesitancy in recommending HNW Planning to others who need the services of financial planners. 18th May 2006 INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Our Specialist Skills HNW Planning will develop strategies to assist in meeting financial and lifestyle goals through: Retirement Planning & Strategies ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Investment of superannuation Recontribution & other ‘tax control’ strategies Self Funded Income Streams Consolidation & transfers Pension & allowances planning Retirement savings products Redundancy planning Capital gains - small business concessions Super splitting Transition to Retirement Business succession planning Ethical Investment ■ Appropriate adviser training & support ■ Exclusion of targeted industries or companies ■ Inclusion & support of specific industries. Investment advice & Strategies ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Managed funds Separately Managed Accounts Managed Discretionary Accounts Investment property strategies Direct shares, instalment & endowment warrants Master trust & wrap investments Virtual wrap technologies Margin lending strategies Protected equity strategies Mortgage reduction & wealth creation Regular savings & investment Capital protected structures Estate Planning ■ ■ ■ ■ Integrating Self Managed Superannuation Funds Asset protection Personal risk management & insurance Tax effective transfer of assets Self Managed Superannuation ■ ■ ■ ■ Self Managed Superannuation Fund administration Estate planning issues Appropriate investment advice Pension calculations & other statutory requirements ■ ■ ■ ■ High Net Worth Specialisation Small business owners or partners Business & personal life cycle balance High income individuals High Net Worth family groups Personal Insurances ■ ■ ■ ■ ■ Life insurance Total & Permanent Disability insurance Trauma insurance Income Protection insurance Business Expenses insurance ■ ■ ■ ■ Corporate advice Executive superannuation Staff superannuation Key Person insurance Co-operative buying power for member benefits Industry Specialisation ■ Pharmacy & Dental ■ Experience with industry practitioners ■ Consideration of industry issues debt Management ■ Residential, investment & commercial loans ■ Isolation of terms & conditions that complement Financial Planning and Accounting Strategies CLIENT TESTIMONIALS When I first approached HNW Planning, I was at the stage in my career where I wanted to re-organise my investments and superannuation, sell my dental practice, and start further education. My accountant did not have the time or inclination to understand my existing investments and associated legal complications. My investment adviser at the time did not seem to hear what I required. HNW Planning listened, and in consultation with my new accountant, re-arranged my investments, taking into account my reduced income whilst studying. He kept me informed at all times. Time has Dr Leonard Crocombe Dentist shown that his advice was right on target. Without HNW Planning’s advice I would not have been able to move onto the next stage of my life. Andrew Topp Pharmacist HNW Planning has helped me to grow my net worth with diverse investments outside of pharmacy, manage my tax affairs effectively, and plan for a future that doesn’t involve working 6 days a week! INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Our APPROACH TO FINANCIAL PLANNING As your priorities evolve so do the opportunities for HNW Planning to assist. Our objective is to help you accumulate, protect and finally transfer wealth to the next generation. HNW Planning recognises the 80/20 rule in its approach to Financial Planning. We anticipate that the maximum results (80% + or -) will come from: ■ ■ ■ ■ ■ ■ Our consideration of your individual needs Our innovative approach to financial planning Your trust in our integrity Open & effective communication Empowering you to make better decisions Your understanding of advice given & action taken HNW Planning will develop strategies to assist you in meeting your Financial and Lifestyle goals through: ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Technical aspects of & use of superannuation Personal insurances Acceleration of repayment of personal debt Use of protected (capital guaranteed) investments Use of gearing Targeting particular types of return Ethical overlays Timing Isolating key issues requiring specific Tax Advice Isolating key issues requiring specific Estate Planning or other legal advice HNW Planning also addresses the remaining financial planning opportunities (20% + or -). This typically requires a focus on investment choices. Please refer to HNW Planning’s ‘Our Approach to Investment Advice’. The 80:20 rule originated from Vilfredo Pareto, an Italian economist who studied the distribution of wealth in a variety of countries in the late 1800s. He discovered a common phenomenon: about 80% of the wealth in most countries was controlled by a consistent minority - about 20% of the people. Pareto called this a “predictable imbalance”. In about 1941, Pareto’s writings were discovered by Dr Joseph Juran, and popularized under the name “Pareto Principle”. Juran was working in the field of quality control, and stated the principle in the form “80% of problems come from 20% of causes.” The 80:20 rule has been expanded far since its uses in economics and quality control. One might quibble about the 80% or 20% (it is sometimes 60:40 or 90:10), but the term is normally used to reflect the notion that most of the results (of a life, of a program, of a financial campaign) come from a minority of effort (or people, or input). Source: http://c2.com/cgi/wiki?EightyTwentyRule CLIENT TESTIMONIALS We have been clients of HNW Planning since its inception and we value the advice and assistance we receive from them. In 1999, both my wife and I retired so our SMSF investment strategy had to be changed from wealth accumulation to generating sufficient income to cover the payment of our allocated pensions. The change-over was seamless and painless as a result of the investment advice given to us by HNW Planning and now, even though we have been drawing our pensions for almost seven David & Margot Thomas Retired Pharmacists years, our super fund shows no sign of being depleted. It fact, it contains more funds than it did before we retired. It is very comforting knowing that we have HNW’s expertise behind us and that we can relax and enjoy a worry-free retirement. John Wilks B. Pharm MPS MAACP Consultant Pharmacist I have been a client of HNW Planning for 7 years. I have always found Robert to be very informed, courteous, swiftly helpful and, above all else, highly trustworthy. These are rare commodities in the brutal economic climate of business Australia. I have no hesitancy in recommending him. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Our APPROACH TO INVESTMENT ADVICE HNW Planning looks at long term expectations HNW Planning believes that investment decisions first need to be in context. Please refer to HNW Planning’s ‘Our approach to Financial Planning’. HNW Planning recognises that results from investment decisions have to be seen both in terms of the dollar value of the returns and in terms of the suitability of the returns. This suitability of returns may be that returns are from capital gains or as income, with or without volatility. Suitability might also take into account the consequential risk of any investment. Targeted results will come largely from the strategic allocation between investment sectors (Australian shares, international shares, property, fixed interest etc). HNW Planning is not a tactical sector allocator; we do not advise you how to make short term bets on which sector will outperform another. Rather we advise on a diversified and appropriate long term target allocation that might vary strategically over time and in line with long term forecasts and comparative opportunities. We define ourselves as ‘medium to long term strategic sector reallocators’. Market returns can be compressed into three elements: income; growth in income; and, the effect of changing valuation ratios (See table below). HNW Planning looks at long-term expectations of market drivers and expects reversions to the long term means or trends of the key indicators. Such key indicators are: Price to Earnings Ratios, Earnings Per Share, Corporate Profits as Share of GDP, Price Earnings of Australian Shares compared to International Shares, etc. We also believe that where possible changes over time in the strategic allocation of capital to investment sectors should generally be made with new capital or from the earnings from existing investments in preference to selling one investment to buy another. Within the sector allocations HNW Planning may recommend managers with a tactical (short term positioning) mandate as well as managers and/or combinations of direct investments that might be described as ‘growth’, ‘growth at reasonable price’, ‘value’, ‘index’, ‘benchmark unaware’, ‘absolute return (hedge fund)’ or others. From time to time we might also modify the risk/return position (risk in terms of consequence) of a portfolio of direct investments or managed investments using particular investment strategies. RETURNS = INCOME + gROWTH IN INCOME + EffECT Of CHaNgINg ValUaTION RaTIOS Income is the current investment yield, a known quantity, hence no forecasting is required for this input. growth in Income is the annualised growth in income or earnings for the asset. For example with: • Property it is growth in rents • Equities it is growth in Earnings Per Share • Fixed interest, growth is zero by definition Effect of changing valuation ratios is the compounded effect of an increase or decline in price to earnings ratios or yields on the returns produced by an asset. Source: Farrelly’s Investment Strategy Handbook - summary of critical features of article by John Bogle “Investing in the 1990s: Remembrance of Things Past and Things Yet to Come.” (Journal of Portfolio Management, Spring 1992, pp. 5-14). CLIENT TESTIMONIALS Dr Phil Devitt Dentist Since finding HNW Planning in 2001, their advice has been thoroughly researched, visionary and accurate. The fees are most competitive. Don Smithwick Managing Director P&O Automotive & General Stevedoring Pty Ltd Rob Cumming and his organisation HNW Planning have been looking after my personal Financial Planning needs for the last 10 years. During that period I have always found Rob quick to come back with an option that suited my particular needs at the time. He has always been available to me when information was required and has never failed to respond to contacts and deal with matters in a timely fashion. Over the last 6 years Rob’s financial advice has always been well researched and pertinent to our situation Kevin & Bonnie Davis Retired Retail Executive with realistic options and an understanding of the implications of each. We always have the feeling that Rob has an in depth understanding of our particular circumstances and always ready to assist in a professional, helpful and friendly way. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Communication is the key The key to a successful relationship is communication HNW Planning takes the time to understand your needs. We seek to understand your motivation, resources, previous experiences both positive and negative and personal opinions and preferences. Over time, as you become familiar with us and familiar with investment and other strategies adopted, HNW Planning seeks to account for your changing priorities and circumstances. While HNW Planning has many clients who seek one-off and limited advices or product placement, the diagram below indicates our typical ‘continuous workflow procedure’. INTRoDuCTIoN / FIRST MEETING Awareness, first contact, collect information DECISIoN PRoCESS Decide whether to continue through to formal written advice HNW PLANNING SUPPORTS YOUR ONGOING REqUIREMENTS FuRTHER INFoRMATIoN GATHERING SCOPE OF WRITTEN ADVICE DyNAMIC RELATIoNSHIP ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Changing circumstances Changing environment; market cycles & laws Business & personal life cycles Building of trust, empowerment Evolution of investment management tools Familiarity with adviser Strategy & products Ethical conviction New products Strategic opportunities RECoRD DATA HNW PLANNING PRoDuCES FoRMAL WRITTEN ADVICE TAKE ACTION REVIEW ADVICE AND AGREE oN ACTIoNS MEET TO CONFIRM YOUR INTERPRETATION OF WRITTEN ADVICE CLIENT TESTIMONIALS I have been a client of HNW Planning since 2002. Throughout the time I have known Rob and his HNW Dr Les Thean Dentist Planning team, I have found them to be efficient,knowledgeable and trustworthy. They have been able to help me manage my investments and minimise the effect of taxes. I can recommend Rob and HNW Planning to anyone who wants to secure their future financially. Dr David Harmata Dentist and Dr Nhi Nguyen. MBBS Over the years Rob has provided us with sound financial advice which has allowed us to develop a diverse investment portfolio. He has continued to inform us of investment strategies which he feels appropriate for our financial situation and his recommendations have worked well for us and have always been appreciated. We anticipate a continuing relationship with Rob and HNW Planning well into the future. HNW Planning has been the answer for a busy professional like me. HNW Planning gives me the Steve Kwan Pharmacist personalised service on superannuation and investment advice that many organisations promise but do not deliver. And HNW Planning is flexible enough to offer me a total package designed for my personal needs. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE PERSONAL INSURANCES Protecting your two most valuable assets: yourself and your income. HNW Planning acts as a broker when placing personal insurances. Our responsibility is to work for you, our client. Personal insurances involve the payment of a premium so that a separate party might assume, at a cost of that premium paid, risk that for you might be too large to comfortably carry. Insurances protect your lifestyle and family as well as your business and investment initiatives. The motivation and types of insurance will be influenced by your family’s life cycle, business and career life cycles, and by attitude toward risk, including your perception of the relative importance of negating risks where possible. Particularly dental professionals, but also pharmacy professionals, have specific requirements and specific considerations for their industry and profession. HNW Planning is experienced in highlighting and offering solutions to these industry specific considerations. HNW Planning can provide practical options to protect your two most valuable assets: yourself and your income. Protecting yourself The table below shows the chance before age 65 of suffering a serious illness, having an accident or being disabled for 3 months or more as a result of an accident or illness*, based on age and gender. Illness Age 40-44 45-49 50-54 over 55 Female 86% 84% 86% 90% Male 76% 79% 86% 93% Accident Female 14% 16% 14% 10% Male 24% 21% 13% 7% 3 Months Disability Female 43% 39% 47% 51% M a l e 42% 46% 47% 48% Report of Disability Committee IAA 1995 IA 85-90 - Institute of Actuaries of Australia. Source: Tower Australia publication 10 April 2006 “Life Insurance. Here’s Looking At You”. * Illness or accident described as a claimable event, not withstanding other conditions of a policy, such as waiting period, not being met. Protecting your income Potential Lifetime Earnings Income P.A. 40,000 80,000 120,000 160,000 200,000 40-44 y/o 751,000 1,501,000 2,252,000 3,003,000 3,753,000 45-49 y/o 614,000 1,229,000 1,843,000 2,458,000 3,072,000 50-54 y/o 465,000 929,000 1,394,000 1,858,000 2,232,000 55-59 y/o 299,000 599,000 898,000 1,198,000 1,497,000 60-64 y/o 118,000 235,000 353,000 471,000 589,000 Earnings are in today’s dollars assuming interest at 5.00% pa and salary inflation of 3.00% pa. Source: Tower Australia publication 10 April 2006 ‘Life Insurance. Here’s Looking At You’. CLIENT TESTIMONIALS Sten Maraldo Manufacturer After being treated as a number by a large bank Superfund it has been refreshing to have changed to HNW Planning and to have Robert Cumming as financial planner. Robert has been at all times available to give detailed explanations for the investment strategy selected. Robert Cumming has been looking after our financial affairs since 2000. In that time, he has grown Ron & Edna Holloway Pharmacist and protected our assets in all respects, and has always been proactive in his advice. We now have a comfortable life in semi-retirement and allocated pension phase. The only regret is that it took me 64 years to find him. I have continued to utilise the services of Rob Cumming and HNW Planning over several years as I find Barrie Roche Pharmacist them to be proactive, lateral in thinking, approachable, available and above all - in tune with my situation and expectations. Rob’s technical knowledge coupled with his open and honest nature instills confidence and trust. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Estate planning and Self managed superannuation The use of superannuation, particularly Self Managed Superannuation, family trusts, and insurances are vital for estate planning. Superannuation is the only form of perpetual trust available in Australia. A Self Managed Superannuation Fund (SMSF) can act as a ‘tax effective’ vehicle for both family wealth protection and for inter-generational wealth transfer. Family discretionary trusts and testamentary trusts are also popular methods of inter-generational wealth transfer and while these methods may not be as ‘tax effective’, they may offer firmer control of outcomes. HNW Planning seeks to tie in your superannuation and other estate planning requirements with your insurances, business and personal life cycle, and your preference for a suitable balance between ‘tax effective’ outcomes and the need for control of outcomes. Self Managed Superannuation HNW Planning’s Principal has been accredited as an SMSF Specialist Adviser by the Self Managed Super Fund Professionals’ Association of Australia. HNW Planning’s Self Managed Superannuation Fund Services include: ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ New SMSF establishment Maintenance & updating of Trust Deeds Maintenance of Permanent File Maintenance of formal Investment Strategies Integration with Estate Planning Preparation of annual returns using specialised SMSF software Co-ordination of expert tax & audit services Transition to retirement & pension calculations Co-ordination of administration with HNW Planning’s expert investment & financial planning services Co-ordination of administration with HNW Planning’s pre-retirement & tax control strategies Estate Planning The use of superannuation, family trusts, and insurances are vital for estate planning. Co-ordination of financial planning advice with legal advice, use of testamentary trusts, and other ‘death event’ specific strategies is crucial to: ■ ■ ■ ■ ■ Providing adequate contingency Meeting your objectives for division of assets Tax minimisation Asset protection The potential creation of a family ‘micro-dynasty’ CLIENT TESTIMONIALS Rob Cumming and his team at HNW planning have helped me greatly to plan for the future and create Michael Cross Pharmacist wealth outside my pharmacies. He is always up to date in an ever changing industry and patiently explains the strategies & consequences of our investments. Rob recently started a mortgage broking business which helped me refinance both home and business debt at greatly improved rates. Dr Jim McCullagh Dentist Robert Cumming is extremely knowledgeable, ethical and reliable and I am very happy with the first class service he and his team provide. We have found the service provided by Rob Cumming and his staff at HNW Planning to have exceeded Gwen & Roger Williams Pharmacist our expectations. The team are available, efficient, courteous and conversant with our requirements - HNW Planning offers sound, cautious advice, which has provided us with a great outcome - we are smiling. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE PROFESSIONAL AND COMMERCIAL FINANCE Mortgages tailored to your financial planning and accounting strategies Our qualified specialists can complement financial planning advice from HNW Planning, or complement other accounting and financial planning advice to optimise the opportunity of meeting your objectives. ■ Active finance broking ■ Specialists in meeting the requirements of small business professionals ■ Particular experience in meeting requirements of pharmacy & dental industries ■ Commercial lending specialists, with a range of target market product accreditations from leading market participants ■ Mortgage broking alliance with one of Australia’s largest mortgage broker aggregators. ■ With access to approximately 20 residential (home & investment property) lenders, we can help you find the loan best suited to your needs. ■ Full member of the Mortgage & Finance Association of Australia (MFAA) Ethics HNW Planning’s Ethics As a Principal Member of the Financial Planning Association (FPA), HNW Planning has agreed to act in accordance with the FPA’s Code of Ethics. Each HNW Planning adviser maintains a Financial Services Guide (FSG). The FSG is an important document that introduces you to the adviser’s own training and experience and sets out the various ways in which HNW Planning and your adviser might be remunerated. This is a document designed to provide as much information to you as practically possible before you become a client. HNW Planning undertakes a formal financial audit each financial year and is required to maintain a bond in favour of the Australian Securities and Investments Commission (ASIC). Annually HNW Planning engages external expert consultants to audit our adherence to best practice compliance and our own written procedures as well as to audit the files of each of our advisers. HNW Planning chooses to adopt a Privacy Policy, the statement of which is available on our website. HNW Planning is open to and may at any stage be audited by the FPA and the ASIC. Ethical Investing HNW Planning is able to take into account your views on environmental, social, ethical and governance issues. It is possible to negatively screen for, or positively include specific investments or types of investments to focus your capital to support a particular purpose. CLIENT TESTIMONIALS I have been with Rob Cumming and HNW Planning since 2000. Having had a less than successful relationship with another adviser, it was refreshing to find someone who, from the very start, came over as friendly, available, knowledgeable and astute. In the intervening period I have had no reason to change my views on Rob either as a person or financial adviser. In the last 6 years Rob has advised and encouraged our investments in a very professional and caring manner; one of the biggest plus’s in our relationship being the regular, timely and accurate Graeme Watson MPS PhC FACPP Semi-retired Pharmacist communications from HNW. I have remained with HNW Planning despite the fact that my son heads one of Australia’s two top industry superannuation funds. I (and my wife Carole) have no hesitation in recommending HNW Planning in the field of wealth creation, financial planning and superannuation. Robert Cumming has been my financial planner for over 10 years and I have found he provides me with the Antony Lewis BE MBT Engineering Consultant freedom to be involved in the management of my financial future and a depth of financial opportunities I could not find by private research. With his advice and guidance; I feel I have reached a point where I am comfortably balancing my work and personal interests while ensuring my financial future. INTEgR I Ty | I NNO VaT IVE | P R Oa C T IVE | T RU STWORTH y | Ex PERIEN CEd | PROfESSION a l | RElI ablE Aggregated advantage AGGREGATED ADVANTAGE allows HNW Planning’s clients and their associates (staff and their families) to join HNW Planning staff in one “larger than otherwise possible” corporate superannuation plan. The resultant cost savings from group buying will be attractive to most potential members currently using an industry fund, a ‘stand alone’ retail fund, or a smaller corporate fund. Members also enjoy continued access to a wide selection of quality investments as well as depth of insurance options. Multiple Small businesses, their staff and family of staff HNW Planning gather and reconcile information Corporate Plan Provider All members equal in the eyes of the Corporate Plan Provider How can you be advantaged by using HNW Planning’s Aggregated Advantage? ■ No need to change funds if you leave one employer for another; by remaining a member you continue to support the group’s buying advantages for all members ■ Age-based ‘ready made’ portfolios ■ Wide choice of investment; individual discretion can be exercised when selecting investments. There are currently 73 investment choices. ■ Females do not subsidise insurance for males as is common with industry funds ■ All insurance at very competitive premiums ■ Salary Continuance, Term Life and Total & Permanent Disability insurances available ■ Default insurance to comply with ‘Choice of Supperannuation’ legislation. ■ Members will receive a PIN & ID so that ‘up to the previous day balances’ can be obtained online when required ■ Transfer requests to the fund will be followed up on your behalf ■ Access to professional financial planning assistance if & when required ■ High quality service from institutional service provider ■ Low cost access to a high quality service fee Structure Switching Fee Withdrawal Fee Contributions Fee Termination Fee Ongoing Fee Expense Reimbursement Nil Nil Nil Nil Varied* Capped at 0.2% Total Plan size Volume Rebate Rebate Nil 0.45% 0.50% 0.55% First $1,000,000 Next $4,000,000 Next $5,000,000 Next $10,000,000 * Depends on investment choice, balanced fund is 1.85% per annum less volume rebate and this includes the adviser fee. www.hnwplanning.com.au HNW Planning Pty Ltd Australian Financial Services Licensee 225216 | Shop 5 Victoria Court, 36-40 Victoria Street, East Gosford, NSW 2250 Phone: (02) 4322 8400 | Toll Free 1300 558 692 | Fax (02) 4322 6300 | Email info@hnwplanning.com.au RETIREMENT PlaNNINg | ESTaTE PlaNNINg | SUPERaNNUaTION | INSURaNCE | INVESTMENT | INdUSTRy SPECIalISTS