Financial Services

Wealth ManagementWe understand that a variety of factors come into play when it comes to realising your personal wealth objectives, which is where our wealth management advisors can help.

Regardless of the stage of your life, you need advice that is sound, practical and relevant to your personal circumstances at that point in time. Our wealth management consultants plan and manage the affairs of thousands of Australians including individuals, SMEs and large institutions.

RSM are passionate about working closely with you so we can understand your goals and aspirations. This deep understanding allows our expert wealth management advisors to anticipate changes in financial demands and take advantage of new opportunities with a financial pathway constantly tailored to your needs.

If you need help and advice to achieve your personal or business wealth objectives, here are some of the areas we can assist in:

Debt management

Don’t let your debt manage you. Get your finances in check with the help of our wealth management advice. Debt can be used in a multitude of different ways to assist with wealth creation, retirement planning, growth and more. We will work with you to effectively put a plan together to help you achieve any lifestyle, investment or business related goals you may have.

Personal risk

Ensure you have the right level of cover, insurance or sufficient wealth in place for your family should anything happen to you, by bringing onboard wealth management services from RSM. Our experts will calculate your insurable risk and put a strategy and plan in place to ensure you and your family are protected should the worst happen.

Retirement planning

Getting a plan in place for when you retire is imperative if you would like to fulfil your dreams for a comfortable retirement. As this stage of our lives is unique and personal to each of us, it’s crucial for our wealth management advisors to discuss with you what you’d consider a comfortable income in retirement, when you’d like to retire and how much you will need.

Self-managed superannuation

As the Australian Government is focussing its retirement policies towards self-funding retirement, is now the time to look at self-managed superannuation funds (SMSFs)? Our wealth management consultants will be able to advise whether this should be a route to consider.

Wealth accumulation

One of the most important aspects of wealth accumulation is knowing what you’d like to achieve and what your financial goals are. With our wealth management solutions, you could grow your wealth to achieve goals and milestones such as education for your children, early retirement, home renovations and building a family legacy.

Contact the experienced team at RSM Australia to open a conversation and help you to achieve your financial goals with our wealth management services.

Budget 2016 - Summary of tax rates and thresholds for individuals

Resident taxpayers The current 2015/16 tax rates (including the 2% temporary budget deficit levy, but excluding the 2% Medicare levy) are: 2015/16 Income Year

Budget 2016 for Individuals

Key announcements There are very few Budget measures impacting on personal income taxes for individual taxpayers and families.  The key change for individuals is an increase to the threshold at which the 37% marginal tax rate for individuals commences.

Tips to find the best financial adviser to suit your needs

Need some help in considering how to find the right financial adviser? Trust -

End of financial year - four months to go

The season has changed to autumn and it is four short months to the end of the financial year. The press is constantly talking about tax reform, what is in, what is out, what is being considered.

Tax-free super under age 60?

There has been some media coverage recently about a tax savings strategy for those aged 56 to 59. We’re taking a cautious approach.

Tips to improve your cash flow

The start of the new year provides small businesses with the perfect opportunity to improve their credit management and cash flow conversion cycle. Here are some tips for improving your credit management and cash flow in 2016:

What we see wrong in self-managed superannuation funds

SMSF’s are required to comply with a myriad of legislation and regulations.  From time to time we come across some common issues with funds, which if left unattended could result in significant issues in the future.

Maximising superannuation when selling the farm

In my experience a lot of farm owners, when asked what they think of superannuation, will remark ‘my farm is my super fund’.  However what happens when the farm is sold?

Managing change at board and executive level

RSM recently held a lunch featuring a panel including Paula Dwyer, Professor Judith Sloan and Fiona McGauchie with Catherine Walter as MC to discuss how to manage change at board and executive level. This is a synopsis of the event.

Clarify death taxes

We know that if superannuation passes to our spouse or children under 18 on our death, there is no tax to pay. On the other hand, some or all of our superannuation benefits will be taxed at either 15% or 17% when it passes to an independent adult child.

What increasing life expectancy means to you

On average Australians are living longer. The majority of us see this in a positive light as it allows for further life experiences and more time with friends and family. Increasing life expectancy does however come with additional financial concerns, which continue to increase as the gap between retirement age and life expectancy grows.

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