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JBS Services
Financial Planning
- Life values consulting (determining what you want in life)
Every client has a different situation, varying influencing factors, and a range of life goals which they hope to achieve. Our role as a professional adviser is to explore all of the objectives, influences and desires in our clients’ lives, and use this information to create a framework of how to help the client and to give them the 'big picture' of what needs to be done in order to achieve it.
JBS has a well-developed process which results in the creation of successful financial planning strategies which reflect the individual requirements of each client.
We incorporate:
- The clients’ ideal journey, advising and guiding in the right direction.
- Clients’ values – close consideration of all things which are important to them about their lives.
- Navigation and negotiation through external influences which occur within a clients’ individual situation.
- Providing simple tools to enable clients with the most efficient way to manage their finances, money and family aspect of their lives.
- A planning tool to assist our clients to get to where they want to be (budgeting/savings plan, cash flow management).
We will analyse your life goals and financial objectives, and advise the most effective course of action required to achieve these goals and objectives. In doing so, we look to maximise your tax position to increase income available for investment.
With superannuation and estate planning, the taxation implications of contributions, withdrawals and rollovers can be complex, and require specialist advice and precise planning if long-term goals are to be maximised.
The commencement of retirement strategies such as SMSF structures, account based pensions and transition to retirement strategies require specialist knowledge of both the clients’ individual circumstances together with the ever-changing Social Security requirements. Forward planning is essential to the creation and implementation of the most suitable investment strategy for retirement.
Understanding structures, combined with the client’s goals and objectives, is the key to the development of sound strategies.
Redundancy Advice
It is imperative that the right advice be obtained prior to the election to take a Voluntary Departure Package and as soon as practicable when receiving a Targeted Separation Package (involuntary redundancy).
We understand the intricacies of defined benefit Superannuation Funds – both State and Federal, together with those offered by the Private Sector.
Many issues may arise when an individual faces redundancy, we understand not only the financial implications but also the emotional changes that may occur, some of which include:
- Whether to rollover or to cash out (either fully or partially)
- Whether to extinguish existing liabilities
- Taxation implications of the various options
- Level of funds required to maintain living standards until a new job or career path is created
- Future retirement considerations
Financial planning is essential to maximise your income and secure your desired lifestyle for both the short term and in retirement.
Retirement Planning & Superannuation Advice
- Super fund establishment and management
- Transition to retirement strategies
- Co-contribution management (government and spouse)
Everyone hopes for a secure and happy retirement, free from financial worries. At JBS we can advise on the most appropriate superannuation plan to fund for your retirement. This could be an established plan through any number of fund managers or insurance companies, or you could establish your own self-managed plan, giving you freedom to invest in the funds of your choice, an option which is increasingly popular with many investors.
Establishing, consolidating, and managing a superannuation fund can be time-consuming and costly. We can take care of the entire process for you, from rolling over your existing super fund(s) to our in-house run fund, and manage your investments based on your own personal preferences and desired level of risk – not someone else’s.
If you run a small business with employees you may need to consider their superannuation needs. We are able to provide both individual counselling and group seminars on the complexities in this area including the advent of employee choice of fund, investment choice, rollovers and portability of superannuation funds.
Transition to retirement strategies are now forming an integral part of our clients’ retirement plans, helping them to enhance their wealth creation via tax effective planning, as do co-contribution strategies and salary sacrificing options.
Self Managed Super Funds
A Self-Managed Super Fund (SMSF) allows people to control their own super investments for their retirements, and if you set one up, you are responsible for running it in accordance with the law and reporting to the Australian Taxation Office (ATO) on its operation.
At JBS we specialise in the establishment, implementation and ongoing administration and investment advice for SMSFs.
We pride ourselves on our extensively developed systems to ensure that Trustees feel comfortable that their fund is entirely compliant with strict and ever changing government guidelines.
We prepare and provide the following:
- Establishment of the fund including:
- Provision of superior Trust Deed
- Set up of Corporate or Individual Trustee’s
- Completion and Lodgement of Initial Compliance Documents
- Detailed Investment Strategy
- Binding Death Benefit Nominations
- Pension Strategies and Minutes
- Transition to Retirement Strategies
- Compliance Documents for ongoing maintenance of the Fund
- Trustees Responsibilities; and
- Financial reports up to Audit stage.
JBS’ SMSF area of expertise is to provide specialist information, strategic advice and portfolio design to family superannuation fund trustees and members which will enable them to add value to their asset portfolio by:
- Allowing multi-generations of a family to aggregate their savings and investments to provide a comfortable income in retirement;
- Providing a properly structured family retirement fund so that a trustee in bankruptcy has no claim against a member’s assets’
- Individually designing and managing portfolios;
- Guiding and advising the trustees who have ultimate control of their investments;
- Devising strategic options within accumulation and pension portfolios which will enable a comfortable income stream in retirement, tax savings and ultimately long term peace of mind;
- Working with Centrelink to devise an appropriate pension strategy; and
- Helping with estate planning and business succession.
If you are managing your own Self-Managed Super Fund (SMSF), it is important you understand the responsibilities placed upon trustees of regulated funds today. We understand the complexities of the current and forever changing superannuation legislation and offer specialists advice and assistance in this area.
It is imperative for the trustee of a SMSF to have an ‘Investment Policy, Strategy and Objective’. We can help you establish these as part of your plan.
Complete SMSF Admin, Compliance and On-Line Reporting Service
Our SMSF administration service maintains up to date and accurate information for your fund during the course of the year, allowing you to capitalise on the many planning opportunities available to SMSF trustees and avoids the regulatory threats created by a lack of specialist SMSF skills. Our service and system allows clients to track their fund’s (and individual investment’s) performance in real time, further adding to their experience of ‘managing’ their own fund as the name suggests.
With superannuation and taxation laws being so complex and constantly changing, it is critical for the administration of a SMSF to be carried out by an organisation which specialises in the area of SMSF and their administration.
- JBS will undertake the following on your behalf:mailing house for all correspondence – investment and regulatory
- scanning all documents into our electronic document management system for your records and audit purposes
- maintaining an investment register for listed securities, fixed interest, managed funds, direct property and unlisted assets
- regular reconciliations of transactions during the course of the year
- maintaining individual member records including details of contributions, allocation of earnings and benefit payments, member components and preservation components
- maintaining reserve accounts (if applicable)
- maintaining multiple member accounts for the same member whether accumulation, or pension, including defined benefit pensions
- preparation of PAYG payment summaries for pensions (as applicable)
- arranging tax payments and other associated fund invoices
- segregation of assets for members (if applicable); and
- collection and facilitation of dividend payments; and monitoring of cash balance to ensure sufficient cash to meet SMSF obligations.
We offer our clients the ability to conduct shares at competitively priced brokerage rates with personal log in (if desired), or alternately, or as well we are able to conduct trades on your behalf.
Any investment requires constant attention due to rapidly changing economic trends and changes in personal circumstances and to assist this, we offer a unique and personalised service for the ongoing administration of our client’s financial affairs. Our internal Administration Platform is designed to administer our client’s investment portfolio, daily transactions, financial statements, reporting and taxation requirements.
Under our portfolio administration facility we aim to establish long term relationships between our clients, their individual consultant and our dedicated administration staff. Financial management is a very personal matter and we aim to provide a service, which encompasses the care and concern we believe to be essential with the required confidentiality.
We see our role as one of providing continuous investment strategy advice, portfolio account administration, and provision of detailed reporting and caring for the personal needs of our clients. By taking care of all of this, JBS ensure that our clients can concentrate on the more important things in life, all the meanwhile knowing that their SMSF is under control.
Investment Portfolio Construction - Individually Designed & Managed Direct Share Portfolios
Our portfolio construction methodology is a holistic approach which recognises the complex nature of investment markets and the multiple steps required to meet client's investment and lifestyle objectives.
Our inclusions, where appropriate:
- Individually Designed Investment Portfolios;
- Individually Managed Accounts;
- Direct Share Portfolio management;
- Direct Share Portfolio advice*;
- Direct Share Portfolio reporting
- Direct Property and Property Syndications;
- Fixed Interest and Debentures;
- High Yielding Hybrid Securities such as Convertible Notes;
- Alternative Investments & Boutique Managers; and
- Leverages off Morningstar’s extensive manager review program.
*Jenny Brown, Gurbinder Gill, David Novotny & Glenn Malkiewicz are all accredited in providing direct share advice
Our process, in association with Van Eyk Research, Morningstar, Lonsec, Bell Potter & Lincoln’s Stock Doctor, comprehensively analyses the underlying companies within each fund we recommend. This involves assessing each company within the ASX 200 and major international bourses. Companies are evaluated in terms of quality in the following criteria:
1. Financial Health
2. Management Assessment
For this we assess historical information on such as Earnings per Share (EPS), Return on Assets (ROA) and Return of Equity (ROE) as well as forecasts to assess the management’s ability to grow the business
3. Outlook / Forecast
4. Share Price Value
5. Share Price Sentiment
6. Liquidity and Size
7. Principal Activities
8. Price Sensitive Announcements
9. Following all of the above rules
The Lincoln Stock Doctor share analysis rates companies as “Star Stocks” that constantly satisfy the criteria of sound financial health, management assessment and market capitalisiation. Despite a share not meeting “Star Stock” status, this is not a reason to be concerned, as the company can be in a strong financial position, however marginally does not meet the strict “Star Stock” assessment criteria.
Please see attached for Lincoln Stock Doctors' Nine Golden Rules for successful share market investing.
Jenny Brown, Gurbinder Gill, David Novotny & Glenn Malkiewicz are all ASX accredited in providing Direct Share advice.
JBS are able to assist with buy | sell | hold recommendations. Please give us a call for more information or to discuss your portfolio.
This rigorous process identifies and reviews any inconsistencies in each fund managers stated style, and an appropriate course of action is taken.
Our aim is to achieve an outcome that will perform well in most market conditions and be competitive relative to benchmarks, indices and competitors over the longer term.
Portfolio Review
We recommend that your implemented portfolio is reviewed on a regular basis (at least yearly) to ensure that it continues to meet your financial goals and objectives. Also to take into consideration any significant changes to your personal situation and any changes to economic and market conditions which may impact upon the performance of your investments.
In summary, a review would need to take into consideration any changes to:
- Investment Sector Performance
- Social Security issues/changes
- Other available investments
- Taxation position of investments
As part of the ongoing review of your investment strategy, we seek to work with you over the years to ensure that your portfolio continues to meet your requirements and changing circumstances.
We are pleased to be able to offer a review service, which provides both regular written reports on the valuation and status of your investment portfolio and recommendations for any changes. We would be available at any time between formal reviews to answer your questions and give advice regarding your financial position should you have any questions.
This review will consist of a written report, including a full valuation of your portfolio, analysis, recommendations for any changes and a meeting.
Other services included in between formal reviews are as follows:
- Portfolio valuations arranged within 48 hours
- Recommendations of changes of investments if and when we believe they are necessary, due to changes in personal circumstances, taxation laws, legislation etc.
Risk Insurance - Personal Insurance
Protecting yourself, your family, your business & your investments are a critical part of financial planning which can often be overlooked and sometimes not even considered. The financial burden on families and businesses caused by death or disablement can be overwhelming, and having sufficient insurance protection against these events is important.
Unfortunately most people are under-insured, and therefore are at risk of severe financial hardship if they were unable to work due to sickness or injury. Even if you think you are currently insured, quite often the level of cover is not appropriate for your situation. We are committed to working with clients to attentively identify their specific needs and provide the most appropriate risk control and insurance management solution. We are not aligned with any product provider and will ensure the most appropriate products for your specific needs are used.
Whether you are self-employed or an employee, you need to have some level of cover.
Individuals | Families
We can source the best possible cover against loss of income, trauma, death or disablement for individuals and businesses.
This cover may include:
- Life Insurance
- Total & Permanent Disability Insurance
- Trauma Insurance
- Income Protection.
Self Employed | Business Partnership Insurance
As well as individual insurance, if you are a sub-contractor, or involved in a Micro Business or Small – Medium Enterprise (SME), you need to consider Business Insurance.
There are five basic ways the self-employed can leave their business:
- death,
- bankruptcy,
- retirement / retrenchment.
- sickness / accident; or
- sale.
There are three basic ways the employee can leave an employer:
- death,
- resignation / retirement / retrenchment , or
- accident / sickness.
Is your business covered for any of the unfortunate events listed above? To ensure you, your family, and your business partners are adequately covered, you may need to consider (as well as individual insurance):
- Key Person Insurance, and / or
- Partnership Cover (including Buy/Sell arrangements).
We hope that when the time suits you, you will sell your business and make a substantial profit, or when an employed person retires they do so at their level of comfort. However, events do not always proceed as planned. It is very important to protect the existing assets that you have and to insure yourself against any existing or contingent liabilities that you may have in the event of an unforeseen personal tragedy.
We also understand the inherent problems in the setting up and ownership of business insurance and can advise on the most appropriate way to suit your individual or business circumstance, taking full advantage of any taxation benefits that may be available.
Finance & Lending | Salary Packaging & Remuneration
JBS can provide advice on how to structure your loans (mortgage, investment loans etc) tax effectively and advice for employers and employees on effective salary packaging which is a win / win for everyone.
For further information please see Our Finance page
General Insurance, Accounting & Taxation, Estate Planningby referral
JBS have a range of trusted adviers who we work in conjunction with and wherever necessary we are more than happy to pass on contact details.
For further information please contact us.
Client Education
Our business objective is to ensure our clients remain up to date and informed via:
- Our JBS Newsletter and JBS Blog
- Two Minutes on Tuesday – a relevant fortnightly email in conjunction with our key business partners
- Monday Markets a regular direct share email sent to interested clients
- Facebook, LinkedIn and Twitter updates
- Yearly Client Strategy Planning Meetings
- Client Portfolio Reviews
- Quarterly SMSF reports
- Quarterly Economic Updates
- Regular Seminars
- Regular Email News and Updates
For further information please contact us.
 Professional Investment ServicesLevel 14Corporate Centre OneCnr Bundall Road & Slatyer AvenueBundall Qld 4217T: 07 5574 0244F: 07 5574 0180www.profinvest.com.au
@: info@profinvest.com.auProfessional Investment Services Pty Ltd (PIS) ABN 11 074 608 558 is the holder of an Australian Financial Services Licence (No 234951) under which PIS is authorised to carry on a financial services business which includes the provision of financial product advice and dealing in financial products. JBS Financial Strategists is a Corporate Authorised Representative No.252571 of Professional Investment Services Pty Ltd. ABN 11 074 608 558, an Australian Financial Service Licence holder (No 234951). Jenny Brown (250844), Gurbinder Gill (314371), David Novotny (296839) & Glenn Malkiewicz (320603) are all Sub Authorised Representatives of JBS. PIS Financial Services Guide and Privacy PolicyPIS Complaints' Procedure
General Advice Disclaimer
This information provided on this website has been provided as general advice only. We have not considered your financial circumstances, needs or objectives and you should seek the assistance of your Professional Investment Services (PIS) Adviser before you make any decision regarding any products mentioned in this communication. Whilst all care has been taken in the preparation of this material, no warranty is given in respect of the information provided and accordingly neither Professional Investment Services nor its related entities, employees or agents shall be liable on any ground whatsoever with respect to decisions or actions taken as a result of you acting upon such information.
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JBS Financial Strategists Pty Ltd | Level 7, 24 Albert Road, South Melbourne Victoria 3205. Tel 03 8677 0688 Fax 03 8677 0600 Email strategies@jbsfinancial.com.au
Advice on salary packaging is available from our partners Income Essentials: www.incomeessentials.com.au
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Self Managed Superannuation, Self Managed Super Fund, DIY Super, DIY Superannuation, Financial Planning and Super,
Self Managed Superannuation Australia, Self Managed Super Fund Australia
© 2010 JBS Financial Strategists Pty Ltd. All rights reserved.
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