Sherlock Partners News - December 2016

Super Reform, Estate Planning, Market and Economic Update and Donald Trump

The benefits of strategic and investment advice

What we can expect from investment returns in the next 10 to 20 years. Recently we were privileged to hear from one of Australia's leading authorities on the economy and investment markets, HSBC Director and Investment Services Director of Contango Asset Management, Carol Austin. We are sharing this with you to educate and inform about investment returns and the importance of strategic investment advice.

Taking client communication to the next level

Taking client communication to the next level

What can a adviser planner do for you?

A Financial Plan is Your Life Plan

PHAROS Annual Conference 2016 kicks off addressing Financial markets and the Impact of Economic and Monetary Policy | PHAROS Knowledge Collective

Financial Markets and the Impact of Economic and Monetary Policy As financial advisers it is important to look for strategies to add value and keep a plan for if (when) things go wrong. Dr John Edwards and Carol Austin...two experts with very different points of view to assist us to prepare for what is to come in financial markets.

Madison Financial Group Pty Ltd

Madison Financial Group Annual Adviser Conference - We spent the last three days with the most experienced advisers in the country discussing the future of advice and how we are going to deliver that service to our clients. We’re very excited about the future and look forward to sharing our plans with you

Sherlock Partners

It’s a great day for us and our clients as our site www.sherlockpartners.com.au is now live. Our goal with the site and everything we do is to empower our clients through transparency, open communication and by always being at the forefront of the financial planning space. Via the wealth portal and private client logins, our clients are able to view their entire financial position. Clients have the ability now to perform the following anywhere, anytime: • View assets and liabilities using real time data feeds • Generate cashflow management reports • Monitor spending through auto categorisation of income and expenses • Generate valuation and performance reports on their investment and super portfolios • Intelligent and user-friendly risk profiling, modelling tools and life event calculations • Keep Connected with shares and markets they are interested in • Hold all financial and insurance documents, will and power of attorney in one secure location that can be accessed anytime • All the above available through web, tablet and mobile Our corporate clients now have access to a dedicated secure page providing them with detailed information about their super fund via webinars and PowerPoint presentations. Direct links to their super fund provider and all forms required to make important changes to their super plan such as updating personal details and nominating a beneficiary. We will constantly be updating our content with helpful information, market and economic updates, blogs, newsletters and company announcements. If you would like to receive our newsletters, email us at info@sherlockpartners.com.au We hope you find the new site fresh and modern; we worked hard to make sure it contains valuable financial planning information to assist you with understanding our business and how we can help. James

eMortgage -

I'm excited to announce that Sherlock Partners has just acquired a stake in the mortgage broking company, eMortgage. Our mission is to provide people with one place they can go to for all their financial needs. Accelerated debt reduction is a vital component of the financial planning life-cycle. Structuring your mortgage the right way in order to pay it off sooner achieves two things: 1) Ownership of your home, giving you & your family peace of mind 2) Frees up cash-flow, allowing you to focus on other goals With over twenty years in banking & finance, Craig Maher & the guys at eMortgage understand the importance of building ongoing relationships with clients & to consider your best interests. eMortgage can assist you with: • Home Loans • Investment Loans • Commercial Loans • Bridging Loans For more info including contact details, click on the link below, or contact me for an intro. James

Sherlock Partners Wealth Portal

Welcome to Your Wealth Portal! A tool designed to change the way you view & manage your finances. Forget spreadsheets & manually tracking your assets & spending, as the wealth portal will automatically do it all for you via direct data feeds from all your financial institutions. • Have all your accounts in one place with one login: Credit Cards, bank accounts, home loans, investment loans & more • Real-time data feeds including property, super, investments & cars • Forward all relevant info to your Adviser & Accountant • Auto categorisation of your spending • Store your will, power of attorneys & insurance policies in one place • Access everything – anywhere, any time, on any device Available to everyone so click on the link at the end of the presentation & try the light version for free, then upgrade to pro for an annual subscription of $360 once you have discovered how powerful this tool is. https://myprosperity.com.au/accounts/signin?cobrand=sherlockpartners

Last night the Federal Government handed down the Budget for the 2016-17 year that includes some major superannuation reform. You need to consider how the following may affect your current plans. • From 1 July 2017, concessional contribution caps will be reduced from 30k for people aged below 50, and 35k for those aged above 50, to $25,000 for everyone. • A lifetime non-concessional contribution cap of $500,000 effective 3 May 2016 • The current work test that applies for people making voluntary contributions between age 65 and 74 will be removed from 1 July 2017 • From 1 July 2017, a transfer balance cap will be introduced to limit the total amount of superannuation that can be transferred from accumulation to pension phase to $1.6 million • Members already in pension phase as at 1 July 2017 with balances in excess of $1.6 million will need to either transfer the excess back to accumulation phase, or withdraw the excess from their pension account • Those with income exceeding $250,000 including super payments will have to pay an additional 15% tax on all concessional contributions, bringing the total to 30%. The previous threshold was $300,000. This will take effect from 1 July 2017 • From 1 July 2017, the tax exempt status of income from assets supporting transition to retirement income streams will be removed, and earnings will be taxed at 15%

AMA Private Health Insurance Report Card 2016

Trying to decide which private health insurer to go with? The Australian Medical Association's Private Health Insurance Report Card provides consumers with useful information about private health insurance that will allow you to choose the policy that best meets your needs. It provides clear, simple information about how health insurance really works and shows the differences between private health insurance policies.

Timeline Photos

To help people achieve their goals is the reason I became an advisor! The Griffins & Joyces had two goals, to retire asap, & explore Australia in their caravans. By taking years off their mortgage, reducing their tax & boosting their retirement savings, we just fulfilled that dream years ahead of schedule. When they told me they were driving down from Queensland & invited me to join them, I could not miss the opportunity to be a part of their journey. Congratulations guys on staying committed to the strategy & achieving your goals! Here's to the next stage of our journey. James