Services
At Next Chapter Retirement Solutions, we specialise in helping you prepare for and manage your income throughout retirement. Superannuation, investments and tax can be complicated, having a trusted expert by your side can help guide you through key decisions and processes.
The Client Process
01. Getting to know you
Any good relationship starts with getting to know you. It’s not just about gathering data, we’d like to know who you are, what you value and what you are hoping to achieve. We will outline our services and together, determine whether we are a good fit for each other.
As part of this process, we will ask you about:
Your needs and goals
Your feelings around risk and rewards
Your income sources
Tax considerations
02. Advice preparation
If you are happy to move forward, we will prepare a Statement of Advice (SOA). This involves reviewing your current circumstances and financial position, your goals and objectives, and developing strategies to meet those goals. We’ll compare products, model scenarios, and assess tax implications to recommend the best outcomes for you.
It is important to understand that while we will make recommendations based on where you are at and what you are trying to achieve, it is you who will make the decision on which path to follow. Our job is to give you the information you need to make an informed decision.
03. Implementation
Once we have agreed strategies, we’ll proceed to the implementation phase. All changes are initiated, and forms are completed and sent to the appropriate product providers for actioning.
04. Review and revise
We aim to review our clients twice a year to capture any changes to your situation, investments, political and legislative landscape, and consider whether anything will impact your plan. We will also review your goals and gather current information to make sure your plan is still appropriate. If necessary, we will update your plan and implement any changes.
Financial Planning Services
Superannuation
advice
Australia has one of the largest superannuation systems in the world and while it can seem complicated and is constantly changing, it is compulsory. Essentially superannuation is a low-tax environment for your retirement savings. The aim is to build up a nest egg while you are working that will pay you an income when you retire. Next Chapter Retirement Solutions can review your current superannuation arrangements, compare performance and fees with other funds, determine an investment strategy that meets your needs and desired level of risk, and suggest ways to tax-effectively boost your balance. A simple Super Health Check can be done to see if you are making the most of your super and are on track to meeting your retirement goals.
Wealth
creation
For clients in the pre-retirement phase, we can help you complete a realistic budget, set achievable goals, and develop sound strategies to reach them. We will look at your financial strengths and weaknesses and present you with a plan designed to make the most of what you have. And we will continue to work with you to keep your plans on track, whatever life throws at you.
Retirement income
planning
Once your employment income stops, you’ll need to start drawing on other funds to maintain your desired lifestyle. At Next Chapter Retirement Solutions, we can provide you with reliable and expert advice on the most tax-effective way to generate a steady income throughout retirement, while managing investment risk.
Centrelink
assitance
The rules around Centrelink and other government income support payments are complicated and subject to change over time. At Next Chapter Retirement Solutions, we will explore strategies to maximise your entitlements, including when and how to access payments and concession cards.
Estate
planning
At Next Chapter Retirement Solutions, we can explain the various estate planning documents you may want to put in place to ensure that your assets go to your desired beneficiaries in the event of your death, or that you have strategies in place to deal with unforeseen circumstances, such as the loss of mental capacity. It’s not something most people like to talk about but knowing you have taken the necessary steps to prepare for these situations will give you peace of mind.
Our Investment Policy
At Next Chapter Retirement Solutions, we use a considered approach for managing our clients’ retirement savings and investment portfolios based on their individual needs and goals. Read more about how it works here.
