WinQuote Wealth in North Sydney | Consultation agency

WinQuote Wealth

Locality: North Sydney

Phone: +61 1300 971 308

Address: Suite 7, 345 Pacific Highway, NSW 2060 North Sydney, NSW, Australia

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

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24.01.2022 https://vimeo.com/211436633

22.01.2022 www.fsadvice.com.au Volume 06 Number 03 | 2011 Risking Everything The Central Proposition... The central proposition from the research is that advisers enable clients to make better decisions around their financial futures by identifying risk and then taking steps to manage and mitigate this risk. Their levels of cover are more realistic and these clients better understand the benefits of the cover. The key insights include: Underinsurance crisis Around half of respondents have life insurance (52.0%). Of those who dont, almost half (48.5%) say the reason is they do not think its necessary. Two in five (43.5%) say they are not likely to ever take out insurance. The average person with life insurance is underinsured. Across all wealth segments, the average self-reported level of cover is just 5x earnings half of what is recommended by Rice Warner. Of those who say they are aware of how much life cover they currently have, the average self-reported amount is $627,156. Perceptions of adequacy are likewise misguided, and even lower than actual cover levels. While the average person with life insurance thinks that they require $609,481 in cover; adequacy perceptions are much lower among those who are insured directly through the insurer ($399,474). There is a strong perception among the uninsured that life insurance is expensive. Half as many uninsured respondents say life insurance represents value for money (25.3% vs. 54.4%), while three quarters (74.7%) say life insurance is not reasonably priced. Many uninsured respondents are distrustful of the insurance industry, viewing it as money grabbing and fear mongering. Life insurance is considered the least important type of insurance (compared to home and contents, comprehensive car insurance and medical insurance), while home and contents insurance is considered the most important.

20.01.2022 Mini Federal Budget financial planning implications Please message your preferred email to recieve your copy of the Mini-Budget -Super and Tax Annoucement ( Summary )

20.01.2022 AMP drops fixed rates - *NB* 3yr Fixed rate now at 5.99% Combining Fixed rates with cheap and flexible Basic Variable loan with 100% Offset account can be a good strategy, and no doubt this will be no different as we make our run toward Christmas with the various discount fixed rate facilities now available ... ... Changes effective 20 November 2011 for AMP Fixed Rate Loans - 1 Year Intro Fixed Rate decreased by 0.25% to 6.09% p.a. - 1 Year Fixed Rate Loan decreased by 0.30% to 6.09% p.a. - 2 Year Fixed Rate Loan decreased by 0.40% to 5.99% p.a. - 3 Year Fixed Rate Loan decreased by 0.40% to 5.99% p.a. - 5 Year Fixed Rate Loan decreased by 0.30% to 6.69% p.a. Basic Fixed Rate Loans - 1 Year Fixed Rate Loan decreased by 0.30% to 6.09% p.a. - 2 Year Fixed Rate Loan decreased by 0.40% to 5.99% p.a. - 3 Year Fixed Rate Loan decreased by 0.40% to 5.99% p.a. - 5 Year Fixed Rate Loan decreased by 0.30% to 6.69% p.a. Please contact Abhishek on 0430 511 887 for your obligation free Mortgage Review

08.01.2022 Are you a first home buyer or do you know one? If so, did you hear about the State Governments decision to discontinue the stamp duty exemption for existing properties from January 2012?? This means that unless you were planning on building, or buying a newly built or extensively renovated property, it could mean thousands of dollars more cost to you. Get in touch with us if you want to know more about how this may affect you. 02 99299733

07.01.2022 With competition fierce between lenders for borrowers business, we also take a look at refinancing your home loan. If you havent reassessed your loan for some time, or if your circumstances have changed since you first took it out, its worth reassessing your current loan to see if theres one on the market thats more appropriate. Not only can you possibly secure a lower rate, you may be able to find a home loan with greater flexibility to meet your changing financial situation. call us on 02 99299733

02.01.2022 With the changes to the First Home buyer benefits just around the corner, below is a timely reminder of a great option for First Home Buyers to get them into the market. - Variable Rate 6.74% - Great fixed rates 2 year 6.19% and 3 year 6.29% - Family support allowed for security and servicing... - 95% plus LMI or REF (full cap) - Standard servicing applies (i.e. no buffer, etc.) - 3 months savings - Available for construction to 95% plus LMI. If you have friends, associates or relatives looking wishing to take advantage of the current first Home buyers benefit, please direct them to us. Your referral will be much appreciated.

01.01.2022 As the Holiday Season is upon us, we find ourselves reflecting on the past year and on those who have helped to shape our business in a most significant way. We value our relationship with you and look forward to working with you in the year to come. We wish you a very happy Holiday Season and a New Year filled with peace and prosperity. Vijay & Abhishek