Provident Super Strategies in Mascot, New South Wales | Financial planner

Provident Super Strategies

Locality: Mascot, New South Wales

Phone: +61 2 9669 6972

Address: Suite 6.03, 247 Coward Street 2020 Mascot, NSW, Australia

Website: http://www.providentsuperstrategies.com

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25.01.2022 It is a popular misbelief that wealth creation is only for the wealthy. It is never too early, or too late for any person, at any income level to seek assistance with financial planning! Let us help mitigate your stress and pave the way for a more secure retirement. Our range of services include debt advice and financial planning, to help you achieve your financial goals.

23.01.2022 The average life expectancy for an Australian woman has increased to age 84. This makes it very important for a woman to secure her nest egg through supers. Super contributions are mostly affected when women go way on maternity leave or start working part time when their children are young. Since every womans lifestyle is unique to her, it would make sense to speak to a financial advisor.

23.01.2022 Own multiple super accounts and paying thousands in unnecessary fees? It is time to review and consolidate your super accounts. This way it is easier to keep track of your super and only pay one set of fees. Not sure which super will prove beneficial in the long run? Seek our advice.

21.01.2022 The victimless budget of 2018, brings with it a lot of good news in the form of tax cuts, spanning over the next 7 years. These changes will reflect from the next financial year (2018-2019). This would mean an unplanned, increased disposable income! You now have more funds to save and invest for the future.

21.01.2022 From 1 July 2018, new laws come into effect which allow first home buyers to use their super to help buy a home. Home savers can make voluntary concessional contributions and non-concessional contributions of $15,000 a year within existing caps, up to a total of $30,000, and withdraw these when they are ready to purchase their home.

20.01.2022 We got together with some of our clients over a Swans game at our Provident private box. It was a great night and amidst drinks and conversations, here's what some of our clients had to say about Provident Super Strategies.

20.01.2022 Most Superannuation Funds cover life insurance policies that are usually cheaper and easy to maintain when compared to private policies. While you do incur a premium, deducted from your Super funds, it does work out cheaper and easier to manage.

20.01.2022 The maximum number of members allowable for an SMSF will increase from four to six.

20.01.2022 Insurance premiums usually increase with age because the older you get, the more likely you are to make a claim. Depending on how financially secure you are, you can opt between stepped or level premiums.

20.01.2022 The facts are in the figures. When youre looking to diversify your investments, it is ideal to look at both the risk as well as the returns you get. While it is the Australian dream to invest in property, a lot of people find it more profitable to invest in government bonds. Get in touch with a financial planner to understand your current fund situation and what would be the most stable and fruitful investment for you.

20.01.2022 ‘Gearing’ or borrowing funds to invest is risky business. While you may have increased funds to invest and increased tax benefits, the concept only makes sense if the investment return after tax is a profit. Your returns should be greater than the interest and fees on the loan, else you are taking a lot of risk for low or negative returns

19.01.2022 The profit that you make from selling of an investment is considered to be a capital gain which is taxed by the ATO. If you held the investment for over a year, you will be taxed only half the tax rate on your capital gains. It is also important to account for your losses as these can be used to offset your gains. These capital losses can also be carried forward to offset a future capital gain.

17.01.2022 Create a healthy relationship with your money by investing right. Learn how to diversify your financial portfolio in a way that contributes towards your future goals in terms of investment and cash flows.

14.01.2022 It can be difficult to plan for the future when youre not living on a budget and savings is an abstract concept. Do more with your money, invest it with the help of a professional financial planner. This way your current and post retirement lifestyle can both be comfortable.

13.01.2022 Most institutions practice a dual pricing system. This means that when your term deposit has matured, it automatically rolls over into a new term deposit with an unchanged rate of interest! If youre investing our tax returns into a term deposit this year, make sure you go over the policies for the roll over deposit and agree on the change in interest rates once the term is through!

13.01.2022 In order to provide retirees with flexibility in the transition after work, the Government will introduce a one-year exemption from the work test for voluntary contributions to super for people aged 65-74 and super balances below $300,000.

13.01.2022 Your financial independence begins with a plan! Our experts understand your current financial situation, your future goals and help chalk out a strategic plan best suited for you!

12.01.2022 The 2018 Budget comes with great benefits for low and middle income group earners. Paying life insurance through supers is no longer mandatory. There is also a ban on exit fees, allowing you to switch to a better provider without losing money.

12.01.2022 Often simple errors cost us heavily. When youre looking into the management of your Supers here is a tip you can keep in mind.

11.01.2022 With an abundance of insurance covers and policies available, reading between the fine print and selecting the right one for you can be difficult. Here are a few things to keep in mind.

10.01.2022 When youre setting out to invest in property or any other investment that requires a loan, ensure you check your credit report and if all the data contained in it is accurate. Then, keeping in mind all your financial requirements, expenditures and obligations; with the assistance of a financial planner, create a realistic repayment plan. It is important to stick to plan and budget so that you can rid yourself of loan repayments and avoid a debt trap.

09.01.2022 Trying to stay on a budget and be conscious of both, your spending and saving? At Provident, weve made it simpler. Here is one of our financial tools that will help you stay in control of your finances with ease. Visit: https://myprosperity.com.au

08.01.2022 When you’re setting out to invest in property or any other investment that requires a loan, ensure you check your credit report and if all the data contained in it is accurate. Then, keeping in mind all your financial requirements, expenditures and obligations; with the assistance of a financial planner, create a realistic repayment plan. It is important to stick to plan and budget so that you can rid yourself of loan repayments and avoid a debt trap.

07.01.2022 Senior citizens are subject to tax if their joint income reaches around $75,000. However, there are tax offsets specially designed for senior citizens based on age, income and eligibility for government pensions so you can earn more income. Get in touch with a financial planner to understand what concessions are available to you.

07.01.2022 The facts are in the figures. When you’re looking to diversify your investments, it is ideal to look at both the risk as well as the returns you get. While it is the Australian dream to invest in property, a lot of people find it more profitable to invest in government bonds. Get in touch with a financial planner to understand your current fund situation and what would be the most stable and fruitful investment for you.

07.01.2022 Gearing or borrowing funds to invest is risky business. While you may have increased funds to invest and increased tax benefits, the concept only makes sense if the investment return after tax is a profit. Your returns should be greater than the interest and fees on the loan, else you are taking a lot of risk for low or negative returns

06.01.2022 Find ways on how to invest smart, save smart and make the most out of the tax deductions from the coming financial year. http://blog.providentsuperstrategies.com//decoding-the-ta/

05.01.2022 Creating a property investment portfolio can prove to have both short-term as well as long-term gains. It is a great way to create a cash flow and build your nest egg. Here are different types of property investments you can make! To know what suits your personal needs, get in touch with our experts.

04.01.2022 We got together with some of our clients over a Swans game at our Provident private box. It was a great night and amidst drinks and conversations, heres what some of our clients had to say about Provident Super Strategies.

03.01.2022 Every individual has a different perception of their income requirement for the retirement years. To meet these financial goals, our experts evaluate the current situation and help mitigate the gap between where you are and where you aspire to be.

02.01.2022 A lot of Australians are opting to become trustees in Self Managed Super Funds. The autonomy of controlling how financial benefits are being invested has made SMSFs the fastest growing sector of the superannuation industry.