replace company name, keywords, location

Client Tools

• Key Dates
• Tax Facts
• Portfolio Login
• Calculators
• Newsletters
• Blog
• Client Login

Self-funded retirees now in great shape to maximise retirement funds and minimise tax with Collins Hume

How many people are sitting on nest eggs yet not making the most of tax planning opportunities available to minimise their tax and ensure their assets are adequately protected

Partner Peter Fowler was recently approached by a couple who were self-funded retirees on the recommendation of their friend. The couple was made aware of Peter's accreditation with SPAA as an SMSF specialist adviser from their friend.

They had often wondered if they had received the best possible advice from their current adviser and sought a second opinion to gain specialist input into their affairs. The result of the 'second opinion' lead to the creation of a strategy devised by Peter to ensure they minimised the tax payable on their income, whilst also maximising their retirement funds. Added to this, Peter was able to ensure the tax payable on their death was minimal and that their assets were adequately protected if anything unforeseen was to happen.

Whilst the couple had no desire to initially change accountants, they recognised that their incumbent adviser had shortcomings when specialist SMSF advice was required, so availed themselves of a specialist opinion and the expertise they were seeking from Collins Hume.

Whilst reviewing and addressing the issues they had initially raised, Peter identified a further tax saving available to them by restructuring their assets to guarantee a tax saving of over $200,000 over the next five years, with additional potential savings to their estate of over $500,000. 

Click here to read the full client case study then talk with Peter if you'd like a second opinion about your SMSF's set-up or arrangements by phoning 02 6686 3000 or by emailing peter.fowler@collinshume.com.au.