Find Group in Warranwood | Financial service

Find Group

Locality: Warranwood

Phone: +61 1300 883 830

Address: 248 Wonga Road 3134 Warranwood, VIC, Australia

Website: http://www.findgroup.com.au

Likes: 44

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• Tax preparation service
• Accountant
• Financial service
• Financial planner

19.01.2022 Former financial adviser Robert Gunner banned by ASIC for seven years. Mr Gunner has been banned for helping clients access their superannuation. Mr Gunner helped clients obtain new insurance policies through their super fund. The super fund paid the first year premiums which the insurance company passed on to Mr Gunner in the form of upfront commissions. Mr Gunner then passed on these commissions, less his fees, back to the clients. ASIC has banned financial advisers from 'churning' insurances for financial gain. Churning also places clients at risk as some new insurances e.g. Trauma policies, have a 3 month exclusions period for certain trauma events e.g. cancer.

18.01.2022 An interesting guidance was released by ASIC yesterday. It states that anyone recommending or suggesting someone use a SMSF to purchase real property is providing financial planning advice and requires an AFSL. Property spruikers and real estate agents are now on notice. It also allows for Accountants, tax agents and BAS agents to provide 'statements of opinion' about the SMSF and assets held with in. However, they cannot provide advice on the purchase/disposal of any ass...ets, how much to contribute into the SMSF, and whether or not someone should be able to set up and/or wind down a SMSF. It provides greater clarity as to what accountants and other professionals can and cannot do with regard to a SMSF. How does this relate to Brokers...make sure you are not suggesting to your clients to set up a SMSF with the purpose to purchase real property, and watch out for Shadow Shoppers! (ASIC Info Sheet 216: http://asic.gov.au//afs-licensing-requirements-for-accoun/) See more

18.01.2022 WE HAVE MADE GETTING PERSONAL INSURANCES IN PLACE EASIER FOR YOU. Persona Insurance: Life, Income Protection (IP), Trauma and Total & Permanent Disability (TPD). In my 15 years as a financial planner providing Personal Insurance advice I have seen many clients suffer from heart attacks, strokes, and cancer related illnesses. Last year, I lost my first client to cancer. If it was not for the insurance cover those clients had put in place years ago, most of them would have lo...st their businesses and/or homes to cover the ongoing costs associated with being out of work due to injury or illness. Unfortunately, I have come across a lot of people who either do no have the right cover in place, have enough cover in place, and/or have any cover in place at all. I am always concerned that they are risking all their assets they have tried so hard to build up because they do not have appropriate insurances. I have found the main reason why people don’t sort out their Personal Insurances is because they perceive it is all too hard and takes too much time. That is why I have developed Find Insurance, a website where you can quickly learn the key points about the different insurances and then Request a Quote. With in 15 minutes you will have worked out how much insurances you should have and then you can request a quote to find out what they cost will be for you to obtain the amount of insurance would consider appropriate for your needs. Go to www.findinsurance.com.au. Check out the website. If you are serious about wanting to sort your personal insurances then simply make a 15 minute call back appointment with myself and I will help you fill in the Request a Quote form. Here is my calender link to make that call back appointment now: https://calendly.com/findgroup/15-minutes-phone-conversation. When you have filled in the form we will send you back a detailed report comparing your current insurances with what is out there in the market place and then provide you indicative pricing for the insurances you requested a quote for. Through out this process there is no cost to you. After you receive the report you can decide whether or not you wish to proceed to apply for any additional insurances. We are here to make sure you have adequate cover in place. Warren Strybosch Founder of Find Insurance (www.findinsurance.com.au). See more

17.01.2022 It was a privilege to be asked to write a column in the local paper - Warrandyte Diary. My column is titled 'Find the right advice'. I hope to educate, challenge and make a difference in my field of work with the aim to help improve consumer outcomes. I will always speak the truth and advocate for change where I believe change is required. You can read my column here at: https://issuu.com/warrandytediary/docs/feb2017diaryv8/26

14.01.2022 INVESTMENT PROPERTY OWNERS MAY HAVE TO PAY MORE TAX With the introduction of the Victorian Vacant Residential Property Tax it will be interest to see if this will have an impact on housing prices and whether or not more housing will come on the market? This measure, which is aimed out those property owners who own residential properties in the inner city and middle areas of Melbourne, will have to pay a 1% tax on the capital improved value of the property if that property is ...left vacant for more than 6 months. This is coming into affect from 1st January 2018. Tax agents will have to make sure the capital improved value of the property is correctly calculated otherwise clients may be hit with audits and tax penalties if their tax returns have been incorrectly lodged. I feel sorry for the property managers who will feel the pressure from investment property owners to get tenants into their properties prior to the six month time frame. Will property managers be liable for the 1% tax if they cannot find a tenant given they are managing the property? Real Estate businesses will have to seek legal advice regarding this matter. It is amazing how one tax raising measure will have an impact on many industries and professions. See more

12.01.2022 Looking forward to the dinner at Kardina Park with the FBAA and the Geelong Cats

10.01.2022 FIND GROUP - MONTHLY NEWSLETTER If you would like access to a monthly newsletter that provides relevant information about tax, financial planning and mortgage brokering then read on. An example of what the newsletter looks like can be seen here at:... http://login.designchangemail.com.au//17727163/email.html. Not only will you receive a monthly newsletter but you will have access to the Find Knowledge Centre (http://www.findgroup.financialknowledgecentre.com.au/kclogi) to review previous articles, videos and publications on topics of interest to you. You can also request membership by going to the Find Knowledge Centre form and filling in your details: http://www.findgroup.financialknowledgecentre.com.au/kclogi.

08.01.2022 What a massive week it has been for accountants, brokers and financial planners. 1. An advisor who helped property developers and brokers set up SMSF so the client could purchase a property via the SMSF is facing a 5 year ban from the industry. He was simply providing 'transactional advice'. That means he was simply accepting the client's direction to set up a SMSF. ASIC ruled that he should have looked into the client's situation to determine the suitability of the SMSF a...nd consider the client's full financial situation because he was an Authorised Representative of an AFSL. 2. ASIC has permanently banned a person from providing credit advice and/or financial planning advice after it was found he was providing advice in areas where he was not license to do so. He is facing criminal charges and had millions of dollars seized as a result. ASIC is now after people who are not even licensed. What is going to happen to those who are licensed and are only providing 'general advice'. If ASIC is seeking criminal action against someone who was not licensed then what will the ramifications be for the person who is licensed, providing general advice, but not looking into the client's complete situation? At best being banned from the industry (including brokering)...at worst, jailed. 3. All major lenders are withdrawing from offering SMSF lending (limited recourse borrowing arrangements). With Slater and Gordon considering bringing a series of class actions against super funds, the CBA has joined the others and withdrawn from this space. With poor SMSF outcomes for clients, the CBA and others have realised that there is a ticking time bomb. For those brokers who have aligned themselves with property developers and financial advisors in the past with the intent of setting up a SMSF to provide lending, and who are also Authorised Representative of an AFSL, I hope you do not get caught up in all of this. If a fully-licensed advisor has lost his license and he was qualified to give advice in this area, what will the ramifications be for those brokers who have AR's and have not consider all of their client's full financial situation whilst providing either credit advice or 'general advice'. If I was an broker with a 'general advice' AR, I would be seriously considering, like the major banks, getting out of that space ASAP otherwise I fear you are leaving yourself and your business vulnerable. https://www.mortgagebusiness.com.au//12669-cba-withdraws-f

07.01.2022 It has been a big couple of months for the Find Group. We welcome Craig Anderson to the team who will be looking after all of our General Insurance enquiries. Craig is really keen to look after all business related insurances e.g. Biz pack, PI, Product Liability and so on. You can email Craig at [email protected]. If you would like a quote for any general insurance needs then go to https://findinsurance.com.au/general-insurance/ and fill in the online form. Cra...ig will get back to you on the day. We also welcome Sheila Du Burgh. Sheila has been running her own bookkeeping business for over 15 years and we are lucky enough to have her move across to the Find Group. Sheila will be heading up the Bookkeeping side of the business. If you want a reliable and thorough bookkeeper then you can contact Sheila via email at [email protected]. The Find Group has also hired two new support staff, Krishiel and Allan. They will be working along Chari helping her with the day to day tasks required to keep the business going. Our support staff are the backbone of this business. We look forward to that team growing over the coming years. Two weeks ago, Warren Strybosch attended the ClearView conference in Singapore. There was some great takeaway points that will be applied to the business. A couple of highlights for Warren and Jo travelling to Singapore was to experience the night markets & eating their famous kebabs cooked right there on the streets. Visiting Chinatown and talking to the locals about Singapore was enriching as it gave more of an incite into the city of Singapore. Jo really enjoyed the Dome gardens and could spend more time there. Warren and Jo also spent a day travelling through Indonesia - that was an experience in itself, and the contrast between Singapore and their neighbour was eye opening to say the least. Warren then attending the Connective Conference last week on the Gold Coast. It was great to meet successful brokers who were willing to share how they started and what they learnt along the way. All-in-all, the Find Group is growing and we look forward to what the future holds.