Watkins Financial Services in Fortitude Valley | Financial planner

Watkins Financial Services

Locality: Fortitude Valley

Phone: +61 7 3118 6000

Address: Level 10, 269 Wickham Street, Fortitude Valley, 4006 Fortitude Valley, QLD, Australia

Website: https://www.watkinsfinancialservices.com.au

Likes: 141

Add/Update information

Reviews

Tags

• Investing service
• Financial planner

25.01.2022 Latest post from our website Changes to Super Fund Income Stream Deeming... On the 20th of November 2013 the Government introduced a Bill to Parliament to change how the income from a super fund pension is assessed. Currently anyone on the Age Pension and withdrawing an Income Stream from their super fund has this income stream concessionally assessed in the eyes of...

24.01.2022 Latest post from our website Is the search for yield over?... Short answer definitely not. While interest rates remain low investors will continue to favour stock that produce attractive levels of fully franked income e.g. the big four banks, Telstra etc. We see this across a number of our clients who are receive a pension from their super fund. Anyone o...

24.01.2022 Governor Stevens said that over the year, fears of a euro area break-up had abated, the United States economy was gradually recovering and the slowdown in China had run its course. "So the past year can perhaps be labelled as: not quite as good as hoped for, but not as bad as feared," he said.

23.01.2022 How much do you spend on coffee per week? The rule of 752 Multiply your weekly coffee spend by 752. The result is the real cost of that expense over 10 years had you invested the money instead. This can be applied to any discretionary spending.

22.01.2022 http://www.watkinsfinancialservices.com.au/increase-super-/

22.01.2022 Latest post from our website Does Property make sense in a SMSF?... Legislation allowing Self Managed Super Funds (SMSFs) to borrow has encouraged a growing number of SMSFs to use borrowed money to gear into property, both commercial and residential, via a limited recourse borrowing arrangement (LRB). Limited recourse essentially means no other assets of the...

22.01.2022 Latest post from our website Is the 'Wealth Effect Theory just around the corner Will you be left behind?... Economists for years have conveyed the Wealth Effect Theory. What this theory basically means is that when peoples perceived wealth increases the more they will spend. The two key ways that people will experience increased wealth is when the share market rises and more importantly when...

21.01.2022 Latest post from our website Finding it difficult to save for your first home?... Statistics published recently indicate it is becoming harder for first home buyers to enter the market. Banks require a 20% deposit on a property or you will incur Lenders Mortgage Insurance (LMI) which is not cheap. Houses within 20kms from the city are starting around the $400,000 to...

20.01.2022 Latest post from our website Is Direct Life Insurance the same as Advice Life Insurance?... Direct Insurance seems to be increasing its presence, especially through TV advertising. Is this because of the promises of automatic cover with no health questionnaire or the protection of ones income without any proof of income? Its easy to get the cover in place but what do you really g...

19.01.2022 Attending the QLD Superannuation Professionals conference today. Looking forward to some good technical presentations SMSF Professionals' Association of Australia (SPAA)

17.01.2022 Latest post from our website 2013 Election Summary... The Coalition won the 2013 Federal Election with a majority of seats. The Coalition now plans to implement a number of initiatives such as changes to taxation and superannuation. Below is a summary of the changes. All changes must be passed by both levels of parliament and made...

16.01.2022 http://www.watkinsfinancialservices.com.au/end-financial-y/

15.01.2022 Latest post from our website Government Scraps $100,000 Super Earnings Levy... The proposed Levy by the Gillard Government to tax superannuation funds in pension phase has been scrapped. The initial proposal was to introduce a 15% earnings tax on superannuation fund members who were in pension phase with earnings over $100,000. Wayne Swan initially suggested that this tax...

15.01.2022 Reserve Bank of Australia keeps official cash rate on hold at 2.50%, repeats concerns about 'uncomfortably high' Australian dollar.

15.01.2022 Latest post from our website 6 Key Changes to Super in 2013... 1. Increase to SG Contributions The minimum employer superannuation guarantee contribution increased from 9% to 9.25%. 2. Higher Concessional Contributions Cap... For those aged over 60 and over at any stage during the 2013/14 Financial Year their concessional contributions cap (employer... See more

14.01.2022 Today's show hosts have live mammograms. 1 in 8 women develop cancer before age 85. Trauma Insurance provides lump sum cover in the event of cancer, heart attack and stroke. Trauma Cover can provide access to top treatment and peace of mind in a time of uncertainty. http://www.youtube.com/watch?v=Zuc9PBRKE9M

14.01.2022 https://www.youtube.com/watch?v=0eQBjwsbKR8

13.01.2022 Our financial planner Thomas Jacks on pitch today Brisbane Networking Group. Thomas is available to help you through planning your financial future from starting out to retirement.

12.01.2022 Latest post from our website End of Financial Year Strategies Week 1 Concessional Contributions... We will be providing one key strategy per week for the next 4 weeks coming up to the end of the financial year. Remember it is always better to start preparing earlier as majority of these strategies will benefit from good planning. The first week will discuss concessional contributions and what...

12.01.2022 Latest post from our website End of Financial Year Strategies Week 3 Non Concessional Contributions... Making personal contributions into superannuation can provide you with additional benefits. Personal contributions are contributions from ordinary money or an after-tax contribution. Individuals with income less than $33,516 can qualify for the Government Co-Contribution of $500 by making a $1,...

11.01.2022 Latest post from our website Have a credit card get ready to be rated... For those of you who pay your credit cards late youve been warned. From 12 March 2014 Australia will introduce a new credit rating regime. Individuals will now be rated similar to companies, which banks and other lending facilities can use a quick reference before approving a loan. Carefully m...

11.01.2022 Latest post from our website Changes to super contributions from 1 July 2014... How are the contribution limits changing from 1 July 2014? Concessional contributions, which includes employer contributions, salary sacrifice and tax deductible contributions for the self-employed, currently has a cap of $25,000 per year for anyone under the age of 60 and $35,000 for anyone...

09.01.2022 Australian Dollar hits a high for 2014 on the back of growing speculation the Chinese will stimulate its economy. Is it too high for the RBA Governor Glenn Stevens?

08.01.2022 Latest post from our website Shares helping younger investors build wealth for first home deposit... A great article by Bina Brown on page 28 of the weekends Australian Financial Review (2-3 November 2013). Bina writes how younger investors are using margin loans to create wealth and a deposit for their first home. This is the type of strategy we have been implementing with a number of younger...

08.01.2022 Latest post from our website Whats the best Income Protection policy?... There are over ten different insurers in the market so it can be difficult for someone to know which policy to choose. There is advised insurance cover or direct insurance cover. This is a whole different conversation, however one thing to understand is that direct insurance is not underwritten...

07.01.2022 Latest post from our website Is Your Super Being Eaten Away By Fees?... We as a business, where appropriate, will always suggest using a direct investment portfolio. Whether that consists of direct shares, term deposit, income securities (hybrids), exchange traded funds etc. Our reasons behind this are the management fees and performance fees associated with ...

07.01.2022 Latest post from our website What contributions can you make into super?... The contribution limits or caps have changed multiple times in recent years. Again in 2013/14 Financial Year there have been more changes with additional changes expects in the 2014/15 Financial Year. So how does the average person keep up? Firstly, there are two types of...

07.01.2022 Younger people are becoming more attracted to SMSFs. The 2013 Active Management Report found 46% of recent SMSF investors were under the age of 30, while 44 per cent of the next wave of intending investors was also under 30.

06.01.2022 At its meeting the Reserve Bank Board announced it was leaving the cash rate unchanged at 2.5%.

03.01.2022 Self Managed Super Funds (SMSFs) Savings hits $500bn, now over half a million SMSFs. https://www.mywealth.commbank.com.au//smsf-savings-hit--50

03.01.2022 http://www.watkinsfinancialservices.com.au/reporting-seaso/

02.01.2022 Will 2014 be another year of solid gains from the share market? http://afrsmartinvestor.com.au//stars_align_for_asx_SiSQDx

01.01.2022 http://www.watkinsfinancialservices.com.au/grow-wealth/

01.01.2022 Latest post from our website Dont Have Enough Super for an SMSF?... Self Managed Super Funds (SMSFs) have become very popular and rightly so. SMSFs offer the most flexible option for the investment on your retirement savings and the greatest amount of control. However, not everyone can justify the costs associated with running an SMSF. So what other options are...

01.01.2022 Latest post from our website The True Cost of Prostate Cancer... A recent article in the Courier Mail highlights the gap between the real cost of prostate cancer treatment and what is funded through private health insurance. Families are being caught out having to pay additional money for treatment when the individual undergoing treatment is already unable...