Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 19 February 2021. This week’s topic: What is retirement? Sure there’s a legal definition but there’s also a real life definition too.

In recent weeks Luke has looked at growing your super and taking income from that super when you retire through an account-based pension. This week Luke explores what retirement actually is and offers his top tips for those approaching their life after work or life with reduced working hours.  

Key highlights include:

• What does retirement really mean?
• The real life definition: Do you have the resources to live the life you want and without working?
• What Covid has taught us: most people struggle to sit at home and do nothing – the same can be said for retirement
• What Covid has taught us: you can work remotely from home
• The legal definition: You reach a certain age and you can access your superannuation – it’s called the Commonwealth Preservation Age
• Your Commonwealth Preservation age is between 55 and 60, depending on the year you were born – click to see the table
• From 60-65, if you meet a condition a release, eg give up work, you can access super
• From 65 onwards, you’ve reached your maximum preservation, and can access your super without having to give up work 
• If you’re under the age of 65, but have retired, you can still put money into super
• Luke shares his top tips for those approaching retirement
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice around your retirement plan?  

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Retirement planning can be complicated, but the good news is you can make an appointment to speak with Luke about your superannuation and retirement strategy – including the account-based pension.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 12 February 2021. This week’s topic: What is an account-based pension and how does it work?  But before they start talking financial matters, Luke is more than just a little excited, he’s just taken his first ride in a helicopter and arrived at 2CC in the field next to the car park. You’ll hear in his voice how much he loved it. 

In recent weeks Luke has looked at growing your super. Last week he spoke about transitioning to retirement from full time work. This week Luke explores the account-based pension. Many Australian’s use this investment vehicle to turn their superannuation savings into a retirement income stream.

Key highlights include:

• You’re retiring from the workforce and you want to turn your super into pension payments to help fund your retirement
• Underlying investments don’t need to change – despite what some people might think
• Pension payments can be taken fortnightly, monthly, quarterly or even less often, depending on what your provider offers 
• Earnings on account-based pensions are tax free. And if you held shares or other investments in the fund, you don’t pay capital gains tax when you sell them in this pension phase. 
• The transfer balance cap however does apply if you have more than $1.6 million in your pension fund. 
• So what is the transfer balance cap and how is this tax calculated? 
• Why is the transfer balanced cap indexed? 
• Once you start a pension, can you add more contributions to super?
• What are the Centrelink implications of an account-based pension?
• It’s possible to have an account-based pension and a Centrelink pension, depending on your circumstances
• Explore the other benefits too – discounts on electricity, licensee fees and pharmaceuticals, they all add up
• Some strategies to think about while considering your own plan for retirement
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice to set up a retirement plan?  

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Retirement planning can be complicated, but the good news is you can make an appointment to speak with Luke about your superannuation and retirement strategy – including the account-based pension.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 29 January 2021. This week’s topic: Transition to retirement pension – what is it and how does it work? 

In recent weeks Luke has looked at how to boost your retirement savings before you retire from work. This week Luke explores a pathway to retirement, called the ‘transition to retirement’ pension. While many people who are exploring their retirement options might have heard of this, few really understand how it can work effectively for them, until they seek advice. 

Key highlights include:

• When it comes to retirement – most people would like to retire sooner.
• What does retirement mean to you? For Luke it means being able to afford to spend your time as you’d like to. 
• The modern idea of retirement is not all or nothing, now many retirees are happy to work part time. So with this in mind, if you reduce your work hours, you can top up your earnings with a payment from your super, through a transition to retirement pension. 
• How much of an income can you take as a pension payment from your super? What is the minimum or maximum you can take? There are rules around how much you can have, so it’s important to plan your transition to retirement to make sure it financially works for you.
• Transition to retirement might also be available for people who find themselves with reduced hours, through no fault of their own and through an event like Covid. 
• Can income from a transition to retirement pension be tax free? It depends on your age and a few other things! 
• A transition to retirement pension can also be used to pay down debt or receive a tax deduction by putting money back into your super or your spouses super. So it can be more than just an income strategy, depending on your situation. 
• If you haven’t made super contributions, you can use the catch up legislation to boost your super before you fully retire, using potentially tax free money from your transition to retirement pension, while you work reduced hours. 
• Luke’s top tips using the transition to retirement pension strategy and strategies you might consider. It’s also an opportunity for people who have defined benefit super fund and a spouse who doesn’t. 
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on the transition to retirement pension pathway?  

Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Retirement planning can be complicated, but the good news is you can make an appointment to speak with Luke about your superannuation and retirement strategy – including the transition to retirement pathway.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 29 January 2021. This week’s topic: Contributing to superannuation – Part 2.

Luke takes a look at ways people can contribute to super and in this episode he takes a deep dive into non-concessional contributions and the $1.6 million contributions cap. Luke and Leon however start the show by talking about the Australian Open, it’s just around the corner and most of the players have been let of out of hotel quarantine. Some of them haven’t been very kind about being locked up in a hotel for 14 days, but there’s no special rules for tennis players. 

Key highlights include:

• Retirement sneaks up on you, the sooner you start, the more time on your side you have.
• So what are non-concessional contributions to superannuation? 
• You might have money for a non-concessional contribution by saving it, the sale of an asset, inheritance, or a lotto win. 
• Because you don’t claim a tax deduction, you can put in $100,000 per year (not $25,000). You can also add $300,000 all at once, if you’re under 65, but time limits apply on when you can next make a non-concessional contribution. 
• People also need to be mindful of the transfer balance cap which applies to your super balance. 
• Can I make a non concessional-contribution to super if you’re 65? Yes you can, if you meet the work test. 
• Where else can you use this contribution type to set yourself up for a better retirement? Consider your spouse!
• The facts about the $1.6 million contribution cap – it doesn’t mean you can’t have more than that in super, it’s just the amount your can enjoy as tax free earnings in your retirement.
• What are some key strategies you might consider around non-concessional contributions and the contribution cap?
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice  on contributing to your own super? 

Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Simple super isn’t very simple, but the good news is you can make an appointment to speak with Luke about your superannuation and retirement strategy.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 22 January 2021. This week’s topic: Contributing to superannuation. 

Luke takes a look at ways people can contribute to super, the limits that apply to super contributions and how you can actually make a contribution to your account. In this episode, Luke talks about how simple super isn’t really that simple. Super however is worth spending some time on. You might be able to save some tax as well as increase the funds you have available for your retirement. 

Key highlights include:

• It’s not surprising things are confusing, the simple super system isn’t so simple.
• Many people have depleted their super in order to get through the Covid Financial Crisis. 
• Contributing to super can help grow your retirement nest egg. Starting early and contributing often can make a difference over time. 
• Generally there are two ways to make a contribution to super. A concessional contribution (which means you get a tax deduction). A non-concessional contribution (which means you don’t get a tax deduction).
• Contribution caps means that you have a $25,000 limit on the amount you can put into super each year and get a tax deduction.
• If you go over your contributions cap, you might be able to use the carry forward contribution legislation, by using unused contributions from the previous financial year. 
• Currently employers are required to contribute 9.5% of you wage to super. Just say that’s worth $15,000. As a $25,000 cap applies, this means you have the opportunity to contribute $10,000 and receive a tax deduction. 
• If you’re with PSS and CSS or another Government super scheme, check your fund websites and login to check your concessional cap – these funds operate differently. 
• The other kind of contribution you can make is a non-concessional contribution or a non-deductible contribution – this means you put money into super and don’t get a tax deduction. 
• There’s also a limit on non-concessional contributions and it’s $100,000 per year, but there is a special opportunity of up to $300,000 under the carry forward rules. This is a great way for pre-retirees to boost their super. 
• If you retire with an account based pension balance of up to $1.6 million – the income and earnings from that account are tax free. 
• There are opportunities for over 60’s still working to use a pension to fund tax deductible contributions to super.
• If you’re self employed, there’s also strategies from the sale of a business to get money into super you might explore. 
• Is there a difference between a super fund and a self managed fund with regard to making super contributions? 
• What are the strategies for super contributions you might consider? 
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on the contributing to super strategy? 

Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. Simple super isn’t very simple, but the good news is you can make an appointment to speak with Luke about your superannuation and retirement strategy.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 15 January 2021. This week’s topic: Superannuation fees – it’s worth the effort to take a closer look.

Luke takes a look at what you’re paying in super fees. Many of us have probably never thought about how much our super fund is charging to have our account with them.  Fees do vary though and as Luke points out taking the time to take a look can save you money. In this podcast Luke tells us about the kinds of fees we should be looking out for and how to figure out if we’re getting a good or bad deal. Of course, if you need help, seek financial advice. There is help available. 

Key highlights include:

• All superannuation funds charge fees, and some of them make it hard to find the fees.
• Different funds apply different fees, so not all of them might apply to you.
• What are the kinds of fees you should look out for? 
  • Administration fee
  • ICR – Internal Cost Ratio or Indirect Cost Ratio
  • Borrowing costs
  • Property costs 
  • Transaction costs 
• Larger accounts might benefit from a self managed fund, which typically have fixed fees
• Can you save money with fees?
• What do you actually need in a super fund?
• How to move super funds if you want to change your fund.
• Some things to consider before you switch to a new fund
  • Buy and sell fees
  • Capital gains tax
• What is fair and reasonable in regard to fees? Luke outlines specific ranges for fees
• Luke’s top 3 tips for reviewing your own super
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, including reviewing your super. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help to review your own super fund fees?

Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. He can also help you review your superannuation fund to make sure you’re not paying too much. Will 2021 be the year you make sure your super is working hard for you?

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Financial Planner Luke Smith joined 2CC Talking Canberra 1206AM in The Money Show which aired on Friday 8 January 2021. This week’s topic: Setting your new year resolutions – including financial goals. 

Luke takes a look at setting financial goals for 2021. Many of us are glad to see the start of a new year and hopefully better days ahead. All Australians were impacted by Covid in 2020. We’re delighted that the trend of low case numbers continues across the country, given the outbreak on Sydney’s northern beaches late last year.  Setting resolutions though can be hard, and keeping them throughout the year is perhaps even harder. In this episode, Luke talks about how to set achievable financial goals for the year ahead.

Key highlights include:

• Farewell to 2020. We’re glad to see that year in the rear view mirror.
• Think about your goals across different time frames. Not everything needs to happen today.
• Goals can be set as either short term, medium term or long-term goals, and they can dovetail into each other. 
• If you don’t achieve a goal, that’s ok. Hit re-set and try again. Also, don’t forget about reviewing your goals.
• Now’s a great time to check your spending – especially on things like super, insurance, loans (interest rates) and other spending that you might not have thought about. Work out your living costs and get rid of the things you don’t need. 
• Comparing your goals with someone else’s goals can be dangerous. Everyone’s situation is different.
• Don’t be unrealistic with your goal setting. Being unrealistic often leads to disappointment.
• Reward yourself for achieving your goals! Remember to celebrate your success. 
• Be consistent with good behaviour. Good behaviour is likely to have the biggest impact on your success in the long-term. 
• Luke shares his top 3 tips for 2021 to help you get started, and 
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice to help you achieve your financial goals?

Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals. So where are you heading in 2021? Is this the year you’re going to save and invest or perhaps a retirement plan is on your mind?

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday. You can also catch up with The Strategy Stacker – Luke Talks Money podcast.  We look forward to your company again.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 11 December 2020 and the topic: How do I get the most from a property sale?

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Luke McAuliffe, a Real Estate Agent who shares his knowledge and experience on how sellers can get the most from the sale of their property.

Key highlights include:
• Has the sale of property been impacted by Covid?
• Why the ACT property market has been resilient?
• Why it’s important to factor in a rate rise if you’re buying
• Luke’s top tips for property sellers
– Is your property ready for sale?
– Only use qualified trades people to fix repairs
– Professional styling for photos, videos and inspections, invest in marketing
– Should you repaint your property before selling it?
– Downsizing is an increasing trend, especially for people approaching retirement, and there are financial planning opportunities.
– How to select the right agent to sell your property and the questions to ask them
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need to sell your own property? 

Luke Smith at Envision Financial is happy to refer you to Luke McAuliffe, Real Estate Agent at no cost. Luke McAuliffe can provide you with information about selling your own property in Canberra. You can call Luke on 0433 33 8429.

Luke Smith as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals, including property downsizing strategies.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 18 December 2020 and the topic: Keeping control of the Christmas Budget.

Financial Planner Luke Smith takes a look at Christmas spending. Christmas has always been a time of year which can place increased pressure on spending. Given covid this year, that pressure is likely to be even greater. But Christmas shouldn’t be about breaking the bank.  In this episode, Luke joins Leon to talk about how to be financially smart this festive season.

Key highlights include:

• Where does the pressure to spend come from?
• Are you buying something they want – Why not ask them?
• Limit gift buying to the kids
• Expectations from your kids and the need to manage them, get them to create a list
• How to put in place some good habits when it comes to Christmas spending
• Setting up a savings account for Christmas – plan before you get there for next year 
• Avoid personal loans and credit cards, you’ll end up paying more than you need to
• Remember what Christmas is really about – it’s not actually about spending
• Luke’s top 3 tips for spending at Christmas
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice about your spending and savings?

Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, which can include budgeting, super, investment retirement and more.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Thank you to everyone who has joined our radio show and podcast this year. Luke will return to talk about financial planning on 2CC and in The Strategy Stacker – Luke Talks Money podcast in January 2021.  We hope you have a safe and Merry Christmas and we look forward to joining you again soon.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 4 December 2020 and the topic: What legal documents do you really need? 

Financial Planner Luke Smith takes a look at the topic of estate planning. For some people setting a Will is confronting topic, for others it’s something they haven’t yet got quite around to. Every parent however should have a Will in place. In this episode, Luke and Leon are joined by Mark Poretti from Trinity Law, to talk about Wills and more. 

Key highlights include:

• What is a Will?
• What happens if you pass away and don’t have a Will?
• Did you know that your superannuation is not automatically covered by your Will?
• Can you leave someone out of a Will?
• What is a testamentary trust and how is it tax effective? 
• What is an Enduring Power of Attorney and how does it work?
• Can an Enduring Power of Attorney operate if I am away for work or on holidays? 
• A shout out to our podcast listeners who are growing in numbers inside and outside of Australia! 
• A free appointment offer to talk about your own financial and estate planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice about your financial and estate planning?

Luke Smith at Envision Financial is happy to refer you to Mark Poretti of Trinity Law at no cost. Mark can provide you with information about Wills, Attorneys and other estate planning matters. You can call Mark on 02 6163 5050 to have a discussion and make an appointment. Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your personal financial goals, which can include super, investment retirement and more.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 27 November 2020 and the topic: Money and your kids. 

Financial Planner Luke Smith takes a a look at the topic of how parents help their kids. Of course every family is different, but all parents have the ability to help their kids set good habits and financial values.  In this episode, Luke talks to Leon about how starting good behaviours early, can help set a path for a good financial life.  

Key highlights include:

• Why education about the value of money is important
• What’s the benefit of saving and having kids engaged in the process?
• How should pocket money work and why should earning it matter?
• Should you set up a savings account or invest for a kid?
• Should you charge your kids rent if they’re living at home and working?
• How can parents to lend money for their kids to help them buy a home, and why should it be formalised?
• Use technology where you can, it’s engaging to kids who never are without their phones.
• Lukes key points about educating your kids about money. 
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice about your own financial life? 

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 20 November 2020 and the topic: What is currency hedging and how does it work? 

Financial Planner Luke Smith takes a a look at the topic of currency hedging. Like many people, you may have heard the term, but what does it really mean? Chances are  that if you have overseas investments in your super, you may have some currency hedging already working for you. It can be complicated, so seek advice if you need to. Luke this week is joined by Chris Mac, Leon is on holiday this week. 

Key highlights include:

• Should I feel nervous about ‘currency hedging’
• What is it exactly? 
• Hedging currency on an exchange rate like a fixed interest rate on a home loan
• Can you use a mix of unhedged, hedged or paritally hedged positions in your investment portfolio?
• In what market is currency hedging more important to think about? 
• Currency hedging provides control over exchange rate movement risk, so it’s a strategy that provides more certainty and reduces risk.
• What should you think about before you make a decision about currency hedging?
• Look into your super or investments, to see if there is hedging in place or not. 
• What are the things that impact currency movements and therefore the value of your international investments?
• Why you need to think about currency hedging in terms of your on your own situation and needs – everyone will be different
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice about hedging investments? 

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 13 November 2020 and the topic: What is downsizing legislation and how can it help your super savings for your retirement?

Financial Planner Luke Smith takes a deep dive into downsizing legislation and looks at the retirement opportunities it provides people. It can be complicated, so seek advice if you need to. Luke and Leon start the show talking about ‘old fashioned common sense’. Sadly it’s not so common these days! 

Key highlights include:

• What is downsizing legislation? 
• How old do you need to be to take advantage of it? 
• Did you know you can use the downsizing legislation, even if you’re not working?
• An account-based pension allows you manage tax and gives you access money
• What are the restrictions or limits on downsizing legislation? 
• How long have I got to get the money into the super once the sale has happened?
• What other pieces of paperwork do I need to be aware of and complete? 
• Does this impact Centrelink entitlements? 
• Luke’s key take-outs for using the downsizing strategy
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need advice around the downsizing opportunity? 

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 6 November 2020 and the topic: Investment property – what might you consider before making a decision?

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. Unfortunately our special guest this week is unwell, but we will get him back in the studio for the show as soon as we can to talk about Wills and Powers of Attorney. It is Friday though, which means it’s almost the weekend. Luke and Leon start the show talking about dinner options. What kind of take-out is your favourite? 

Key highlights include:

• People end up with an investment property for a number of reasons 
• With money being so cheap, people shouldn’t race out to buy property based on emotions
• Start with why – Why are you buying the property?
• What is the net rental return? Gross rent less all the costs you’re going to incur.
• Can you future proof yourself in the event of an interest rate rise? Factor one into your calculations!
• Is there an alternative to negative gearing?
• Get a loan agreement with Mum and Dad if they’re helping a child buy a property.
• Why is income protection important?
• Where do people come unstuck with their investment property?
• What happens if you lost a tennant and couldn’t get a new one? 
• Luke’s key take-outs on investment property decisions.
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help with your investment decisions? 

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 30 October 2020 and the topic: What is Capital Gains Tax and how does it work?

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Rhys Kyburz of RSM Australia to explore all the key issues around Capital Gains Tax. Luke kicks off the show however by answering a listener question – can you give away money if you’re retired and is there a difference if you receive a Centrelink Pension or are a self-funded retiree? 

Key highlights include:

• Did you know that there was a time in Australia when there was no capital gains tax – ah the good old days…
• What is Capital Gains Tax? 
• How is it calculated?
• Did you know you pay Capital Gains Tax at your marginal tax rate?
• What happens if your capital gain pushes you into a higher marginal tax rate? 
• What are the things you might think about when tax planning – can you offset a gain or get a tax deduction elsewhere, like a super contribution?
• Is your home exempt from Capital Gains Tax?
• Does Capital Gains Tax apply to assets other than property?
• As an Accountant, Rhys provides us with his top tips for managing Capital Gains Tax.
• A free appointment offer to talk about your own financial planning issues. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help with Capital Gains Tax? 

Luke Smith at Envision Financial is happy to refer you to Rhys Kyburz of RSM Australia at no cost. Rhys can provide you with information and support around accounting and taxation matters, including Capital Gains Tax. You can call Rhys on 6217 0300 to have a discussion and make an appointment. Luke as a Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 23 October 2020 and the topic: Issues to be aware of when getting a mortgage to buy a home or investment property.

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by David Thomas of Trilogy Funding to explore all the big issues you should consider when taking a mortgage.

Key highlights include:

• How much can you borrow?
• What are the things to keep in mind, to put you best foot forward with a lender
• The challenge with credit cards and how lenders view them
• The 5 ‘C’s’ of credit – Capacity to Repay, Character, Capital, Collateral and Common Sense
• What you need to consider if you’re self-employed
• How much of a deposit do you need?
• Are interest only loans still available? Should you have an interest only loan?
• How an added offset account can provide other opportunities
• The key take outs you need to consider around mortgages
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help with a property purchase? 

Luke Smith at Envision Financial is happy to refer you to David Thomas of Trilogy Funding at no cost. David  can provide you with information and support to secure a mortgage. You can call David on 1300 657 132 to have a discussion and make an appointment. Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 16 October 2020 and the topic: Issues to be aware of when buying a property.

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Mark Poretti of Trinity Law to answer and explore the issues around buying a property.

Key highlights include:

• Who (or what legal entity) should buy the property?
• What’s the difference between joint tenants and tenants in common?
• What should you do before you buy a house?
• What expenses do people incur when buying a property?
• If you’re building, do your homework on the builder to ensure they do good work and check they have insurance.
• Think about why you’re buying a property – is it a home or is it an investment? 
• What should the contract include?
• Things to consider around the ‘crown lease’ that exists in the ACT
• What is the process to buy a property?
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help with a property purchase? 

Luke Smith at Envision Financial is happy to refer you to Mark Poretti of Trinity Law at no cost. Mark can provide you with information about buying a property from a legal perspective. You can call Mark on 02 6163 5050 to have a discussion and make an appointment. Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 9 October 2020 and the topic: Should I lease a car or should I borrow and buy a car?

Financial Planner Luke Smith this month is joined by a number of experts he uses to answer financial questions that have a specialist requirement. This week, Luke and Leon at 2CC are joined by Andrew Snaidero of Hardwickes Accountants to answer to explore the differences and issues around leasing a car and taking a loan to buy a car. 

Key highlights include:

• What is a novated lease?
• Is there a tax deduction? 
• What’s the difference between paying a lease and paying off a loan? 
• Does the Federal budget impact the decision? 
• How will the car be used – business, private or a mix? 
• How much is the minimum residual amount – ‘the balloon payment’ at the end of the lease? 
• Why having a time frame is an important part of your decision making
• If offered a pay rise or a car lease through work, which option should you choose?
• What are the key things to keep in mind when making a decision?
• A free appointment offer to talk about your own financial planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively, especially when you link different strategies. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help to figure out if you should take a lease or a loan? 

Luke Smith at Envision Financial is happy to refer you to Andrew Snaidero of Hardwickes Accountants at no cost. Andrew can provide you with information about which is better for you – the car lease or a car loan. You can call Andrew on 02 6282 5999 to have a discussion and make an appointment. Luke as a  Financial Planner can help you set up a financial planning strategy to help you achieve your investment and retirement goals.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own investment, super or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 2 October 2020 and the topic: Asset allocation and the balanced fund.

Financial Planner Luke Smith encourages listeners to explore the underlying investments of their superannuation or managed investments. What does balanced really mean? Not all ‘balanced funds’ are the same. Seek advice if you need help with your own investment and super planning. They start the show however by talking about the arrival of spring. More sunny days means more time for golf! 

Key highlights include:

• How do you measure success? Is it just on the return you get and the fees you pay? 
• Do you know how to get to that bottom line including the risk that you will take?
• With the start of Covid-19, we’ve seen more people interested in what they are invested in, given the market volatility
• What a balanced fund means to a financial adviser like Luke
• Some examples of a balanced fund in the market place – some balanced funds have 70% or more growth assets! 
• The challenge to take a look more closely at your underlying super assets – How much is defensive? How much is growth? What does it cost?
• The challenge of getting income and growth, in a time where interest rates are low
• How do we change the asset allocation if we don’t like what we find? Seek advice from a financial planner like Envision financial if you need help!
• Luke’s top tips when assessing your asset allocation yourself. 
• A free appointment offer to talk about your own super and retirement planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Do you need help to create the right asset allocation for your goals?

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your investment and retirement goals, which will include consideration of your risk profile and asset allocation. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM. The Money Show aired on Friday 25 September 2020 and the topic: The two phases of your superannuation.

Financial Planner Luke Smith explores the accumulation and pension phases of your superannuation journey. Of course be sure to seek advice if you need help with your own retirement planning. Luke and Leon start the show however by talking about a topic that’s important for consumers who invest with fund managers. The regulator ASIC, is now calling out funds who don’t label their investment options correctly. A balanced fund in one fund can be very different from another and many labels are misleading. As Luke often says, make sure you check under the hood to see what you actually have.

Key highlights include:

• Let’s understand the two phases superannuation – the accumulation phase and the pension phase
• How does tax work if you’re in the accumulation phase?
• What do I need to do to move from the accumulation to the pension phase?
• How often can you get a pension payment?
• What are the benefits of the pension phase? 
• What is the minimum amount you need to take in the pension phase?
• Can you put money back into super if you’re in the pension phase? Why would you keep a super and a pension account?
• Luke’s tips to making the most of accumulating super before retirement
• A free appointment offer to talk about your own super and retirement planning goals. Everyone has different goals and financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Does your accumulation and pension strategy fit together?

Luke Smith at Envision Financial can help you set up a financial planning strategy to help you achieve your retirement goals. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC next Friday from 4.30pm. Listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 18 September 2020 and the topic: The details around contributing to super – how and how much? 

Financial Planner Luke Smith joins 2CC to explore some of the myths around superannuation contributions. Misinformation stops many people from making smarter financial planning decisions for their retirement. In this episode they explore the different kinds of contributions you can make and the value of contributions you can make.Be sure to seek advice if you need help with your own superannuation and retirement planning. They start the show however talking about the weekend weather – let’s hope golf isn’t rained out!

Key highlights include:

• To understand super contributions, break them into two types – a deductible contribution and a non deductible contribution
• Contributions can go in as cash, or they can go in as ‘in specie’ or ‘as they are’ eg shares, if your fund offers in specie
• How much can you put in – there are thresholds on how much you can put it. Thresholds also apply to PSS and CSS members too
• What’s a down-sizer super contribution if you’re selling your home?
• What is the carry forward super contribution opportunity? 
• If you’re under 65 you dont need to be working to make a contribution, if you’re over 65 you need to meet the ‘work test’
• How can you stack financial planning strategies to work in your favour?
• If you decide to make a contribution, which kind should make – a deductible contribution or a non deductible contribution? 
• Be proactive with your contributions and financial planning, otherwise you might miss out
• Luke’s top tips to think about around contributing as broader part of your financial planning goals
• An offer for a free appointment to talk about your own investment planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to talk about your own super contribution strategy?

Luke Smith at Envision Financial can help you set up a super contribution strategy to help you achieve your financial planning and retirement goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial, work and investment goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 11 September 2020 and the topic: What is an Exchange Traded Fund (ETF)? 

Financial Planner Luke Smith joins 2CC to explore a type of investment called an Exchange Traded Fund, or ETF for short. This type of investment vehicle has become more popular in the last 5 years. Be sure to seek advice if you need help with your own investment planning. They start the show however talking about how good the weather is getting as we come out of winter, what a great day for a round of golf.

Key highlights include:

• What is an Exchanged Traded Fund (ETF)?
• Did you know you can buy ETFs on the sharemarket and you buy and sell them like a share?
• What investment areas do ETFs cover? 
• What are the benefits of an ETF within an investment portfolio?
• What’s the difference between a Standard ETF and a Synthetic ETF?
• Can you still get franking credits using ETFs?
• Like all investments, ETFs have costs and risks, so understand what you’re buying into.
• Think about how an ETF fits with your own risk profile and investment needs.
• Can ETFs hold other kinds of investments other than shares?
• Luke’s top tips to think about before you invest.
• An offer for a free appointment to talk about your own investment planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

How can an ETF work towards your investment goals?

Luke Smith at Envision Financial can help you set and work towards your own financial goals including investment planning and the use of ETF’s to help you achieve your goals. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial, work and investment goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 4 September 2020 and the topic: How much do you need to retire?  

Financial Planner Luke Smith joins 2CC to explore the issues around determining what you actually need in retirement as well as what the Government considers. Be sure to seek advice if you need help with your own retirement planning. They start the show however off topic – someone in Canberra just won $1 million in Wednesday’s lotto. Congratulations to them. If you need advice we’re here to help!

Key highlights include:

• So have you thought about how much you need to retire?
• Everyone’s situation is different – don’t worry about what others do, look at your own needs
• The danger young people face – What you don’t understand, doesn’t scare you
• ASFA say that $61,909 is a comfortable retirement income for a couple and $40,380 is a modest retirement income for a couple
• An example of a self funded retirement and Centrelink retirement with some assets
• Should you spend the kids inheritance?
• What might a normal person’s expenses look like in retirement – that is, how much do you need?
• Can you access Centrelink or use Franking Credits?
• Are there things you should do before you get to retirement?
• Luke’s top tips and take-a-ways for people working towards a happy retirement
• How long does it take to transition to retirement from a financial perspective?
• An offer for a free appointment to talk about your own retirement planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help to work out how much you’ll need?

Luke Smith at Envision Financial can help you set and work towards your own financial goals including the planning to get you to the retirement you’d like. We’re very pleased to let you know that we’ve returned to the office for appointments given Covid-19. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial, work and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 28 August 2020 and the topic: Can you go back to work after you retired?

Financial Planner Luke Smith joins 2CC to explore the issues around returning to work and the key issues you should think about. Luke shares his knowledge and experience around helping clients make the decision to return to work after their retirement. Be sure to seek advice if you need help.

Key highlights include:

• Covid has given many an insight into what retirement might be like the reality of retirement might not be that great
• There traditional stigma around going back to work after retirement has changed
• There are benefits in going back to work both financially and non-financially – it’s not all about money
• Going back to work doesn’t have to be full time – part-time work often makes more sense and provides the extra income you need!
• What are the options and strategies you might consider when making the decision to return to work – eg structures, tax and super
• Don’t forget about the value of time, it’s not all about money
• The benefits of tax free pensions, but you’ll still need a super fund if you’re working as an employee
• Luke’s top tips and take-a-ways for people thinking about going back to work
• An offer for a free appointment to talk about your own retirement planning or back to work goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help with your own retirement or back to work plans?

Luke Smith at Envision Financial can help you set and work towards your own financial goals and help you better manage your retirement. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial, work and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 21 August 2020 and the topic: Can you retire from work? 

Financial Planner Luke Smith joins 2CC to explore the issues around making the decision to retire from work and the key issues you should think about. In this episode Luke shares his experience and insight around helping people achieve their life after work goals. And remember, seek advice if you need help.

Key highlights include:

• Covid has impacted many, and it will affect retirement plans
• A good place to start is answering a this important question: What does retirement mean to you?
• How Luke defines ‘retirement’
• How will you fill your time and what will it cost?
• Why working isn’t a bad thing – even a couple of days a week
• What’s the impact of working on retirement on tax and Centrelink?
• Retirement planning also involves lifestyle decisions and discussions with your partner
• What are some the key issues you should consider in retirement planning? 
• Why is your investment timeframe for retirement important?
• Luke’s top retirement planning tips and take-a-ways
• An offer for a free appointment to talk about your own retirement planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help with your own retirement plans?

Luke Smith at Envision Financial can help you set and work towards your own financial goals and help you better manage your retiremnet planning. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own financial and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM. The Money Show aired on Friday 14 August 2020 and the topic: Adding to your superannuation.

Financial Planner Luke Smith joins 2CC to explore the issues around making contributions to your own super. We all know whay superannuation is, but are you actually setting yourself up for the retirement that you want? In this episode Luke shares his experience and insight around how adding to your super can help you achieve your goals. And remember, seek advice if you need help.

Key highlights include:

• When should I start adding to my super?
• Funding contributions, ways to do it successfully
• What to do with a payrise?
• The more you earn the more you spend – do you know where your income goes?
• Super contribution strategies – Super splitting, catch-up concessional contributions, new job, change of salary, returning to the workforce
• What happens when the mortgage is paid off?
• What are the benefits of adding to your super early – compounding, tax benefits, taking advantage of current legislation – that can change
• Actions for PSS members – government super, check yout accrued benefit multiple
• The benefits of compounding interest
• Strategies to help you add to your super
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively. You’re also invited to join The Budget Program starting in October. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore strategies around adding to super?

Are you making the most of your super while you’re still working? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own superannuation and retiremnet goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 7 August 2020 and the topic: Super splitting strategy.

Financial Planner Luke Smith joins 2CC to explore a very beneficial but highly under-utilised financial planning strategy called super splitting. We all know whay superannuation is, but why would you split your super with your spouse? In this episode Luke shares his thoughts around how the super splitting works and how it might help you achieve your goals. And remember, seek advice before you start!

Key highlights include:

• What is super splitting?
• An example of how it can work, where one spouse is older than the other
• How much can you super split with your spouse?
• Why would you do it? It may help the younger spouse retire sooner!
• You only get to do this once each year – it’s not something you can do for previous years
• How and when should super splitting be done?
• What are the benefits of this strategy in your retirement planning?
• How does it work with carried forward concessional super contributions?
• How can it impact the transfer balance cap or help you avoid it?
• There are a number of goals this strategy can help you achieve – with examples!
• Check your fund to see if they offer super splitting.
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore if the super splitting strategy is right for you?

Are there some personal, lifestyle or retirement goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 31 July 2020 and the topic: Reversionary pensions.

Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your retirement income stream.  In this episode Luke shares his thoughts around what you may consider when setting up a reversionary pension and the kinds of financial planning issues you might need to think about as a part of your estate planning. 

Key highlights include:

• What is a reversionary pension and how is it different to a binding death nomination?
• Why would you want to keep your money inside the super/pension environment rather than have a lump sum?
• Who can a reversionary pension go to?
• What happens with children, once they grow-up, does it need to be cashed-out?
• What are the benefits of making a reversionary pension?
• As a recipient of a reversionary pension, why do I need to be aware of the transfer balance cap?
• Government defined benefit scheme pensions run under a different set of rules. Above all seek advice if you need clarity.
• What is the impact of this on Centrelink?
• How can you make the most of a reversionary pension – what strategies might you consider?
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
• And finally an invitation to participate in our Budget Program starting in October.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Is your own reversionary pension or binding nomination sorted?

A reversionary pension might be a part of your estate planning and if you have questions please contact us to make an appointment. Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 24 July 2020 and the topic: Binding nominations and reversionary pensions.

Financial Planner Luke Smith joins 2CC to explore the the issues surrounding estate planning for your super or retirement income stream. They start the show however by having a quick chat about Covid-19. Canberra is doing quite well when compared with other parts and we hope that continues.  In this episode Luke shares his thoughts around what you may consider when setting up a binding nomination. 

Key highlights include:

• What is a binding death nomination? Did you know It’s not automatically covered by your Will.
• What is a non-binding death nomination?
• What happens if their is no nomination in place and you passed away?
• What are the benefits of having a binding death domination?
• The nomination can lapse, so don’t forget to renew it! Some super funds however offer non-lapsing nominations so check!
• What are the things you need to consider, as a part of your broader estate planning?
• The pitfalls or things people miss – things like forgetting to update it after a divorce.
• There are also tax consequences – so think about how these might be managed.
• What are the strategy considerations you might consider? Perhaps a reversionary pension is better?
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
• An invitation to participate in our Budget Program starting in October.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Is your own binding death domination or reversionary pension sorted?

Estate planning can be confronting to many people, but it’s important to get it right given you’ve worked hard to build assets over your life. Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 July 2020 and the topic: Family discretionary trust.

Financial Planner Luke Smith joins 2CC to explore the structure you might of heard about but not know much about – the discretionary family trust. They start the show however by having a quick chat about the footy – Go Canberra!  In this episode Luke shares his thoughts around why you might set up one of these trust structures and how they work. And remember, seek advice before you start!

Key highlights include:

• What is a discretionary family trust?
• How does a discretionary family trust work in a practical example?
• Why would you have a discretionary family trust?
• Can income from the trust be re-invested or can it only be distributed?
• Who can participate in a discretionary family trust? Does it need to be just family?
• What are the roles within the discretionary family trust? Who controls it?
• Why a financial planner, accountant and solicitor need to be involved in setting one up.
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.
• An invitation to participate in our Budget Program starting in October.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore if a discretionary family trust is right for you?

Are there some personal, lifestyle or financial goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 10 July 2020 and the topic: Rewarding yourself for good money behaviours.

Financial Planner Luke Smith joins 2CC to explore the topic of rewarding yourself for good behaviour. They start the show however by having a quick chat about stock market volatility – there’s a lot been going on, including the Covid-19 outbreak in Victoria. The stock market though is holding up, despite this uncertain news which is a positive sign for the economy. In this episode Luke shares his thoughts around why rewarding yourself for good financial behaviour is important and how you can do that in a way that doesn’t blow up your budget.

Key highlights include:

• Making change isn’t easy sometimes, so it’s important to have a goal
• Why setting a budget can help you get a handle on your financial life
• How behavioural change can help save you money – we’ve seen some good savings as a result of covid-19 lockdowns
• Adapting to change needs to be part of your plans
• The soccer team analogy
• Setting goals for short-term, medium-term and long-term
• Behavioural change needs to be sustainable
• Enlisting your family and friends help you make a change
• Tips and tricks to help you make the change and reach your goal
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Are you ready to make some changes in your own financial life?

Are there some personal, lifestyle or financial goals you’d like to achieve? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your own life goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 26 June 2020 and the topic: How to start saving money and get control of your cashflow in the new financial year. 

Financial Planner Luke Smith joins 2CC to explore the topic of setting some savings goals and getting control of your cashflow. At the start of a new financial year, you’re probably thinking about getting your tax return sorted. You’re also probably about to receive superannuation stratements and other financial paper work. This makes it a great time to set some new financial goals. In this episode Luke shares his tips and tricks to help you achieve your own financial goals.

Key highlights include:

• The benefits of having a separate bank account from your every day account when it comes to saving
• Why you might choose to pay more tax
• Take a look at your fixed costs, things like home and car insurance and subscriptions, are you still getting good value?
• The benefit of consistency and good behaviours
• Have a clear goal, when you’ve got focus, it’s easier to save
• Review and assess as you go towards your progress
• Use technology to help you achieve your goal
• Review loans and interest rates, now is a good time to shop around for a better deal
• The benefit of shopping with cash rather than card, and the danger of paywave
• Make sure when you review costs, you compare ‘apples’ with ‘apples’, especially on superfunds and insurances
• Why you’d have a budget to help you gain control
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you achieve them more effectively.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Are you ready to take control of your financial well-being?

Do you have some goals in mind? Envision Financial can help you set and work towards your own financial goals and help you better manage your financial well-being. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial, saving, personal insurance or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 26 June 2020 and the topic: Setting yourself up for the new financial year.

Welcome to the 100th episode of ‘Luke Talks Money’. Where does the time go? Today, Financial Planner Luke Smith joins Leon to explore the topic of setting yourself up for the new financial year. With the end of the financial year just moments away, we hope you’ve sorted your end of financial year super contributions.  Leon and Luke however start the show talking about reaching the milestone of 100 episodes! Thanks to everyone who has tuned in.

Key highlights include:

• We make new year resolutions, so why not New Financial Year Resolutions
• Think about your spending and budget
• Set some goals – short term, medium term and long term and reward yourself along the way
• Check your costs and expenses on things like insurance
• Tie your behaviour to an outcome that you want
• Work on the goals with your spouse or family
• Shop with cash so money isn’t invisible and make a list. 
• The benefits of using a separate savings account
• Check your interest rates and fees that you’re paying
• Check you have the right structures
• Go to our knowledge centre an use our budget tools, and make the most of the apps available for your phone
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you make the right decision for your needs and situation. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Are you ready to explore your new year financial goals?

Do you have some goals in mind? Envision Financial can help you set and work towards your own financial goals and help you manage your financial life. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial, saving, personal insurance or retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm for the 101th show. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 19 June 2020 and the topic: Tax returns and preparation.

In today’s topic Financial Planner Luke Smith joins Leon to explore the topic of getting ready for your tax return. What do you need to do and what can you do to be more efficient in the new financial year?  Leon and Luke however start the show talking about making super contributions – make sure your fund receives them before June 30, if you want them counted for this financial year.

Key highlights include:

• The benefits and downfalls of using a shoe box to collect receipts
• Are there alternatives to the shoe box?
• What information do you need to keep for your tax return if you’re a business?
• What information do you need to keep for your tax return if you’re an employee?
• The benefits of using an accountant rather than doing it yourself
• Luke’s top tips to help you manage your accounting and tax preparation 
• An offer for a free appointment to talk about your own financial planning goals and objectives. Everyone has different goals and personal financial planning advice can help you make the right decision for your needs and situation. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help with your new year financial goals?

It’s almost tax time, how well prepared are you to complete your tax return? Envision Financial doesn’t offer accounting services but we can refer you to one should you need it. Envision Financial however can help you set and work towards your own financial goals and help you manage your financial life. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your financial and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 12 June 2020 and the topic: Starting a pension before 30 June. 

In today’s topic Financial Planner Luke Smith joins Leon to explore the topic of turning your super into a retirement income stream (pension) before June 30 as well as some of the advantages this may bring.  Leon and Luke however start the show talking about why it’s good speak with someone who knows what they are doing – professional advice provides more certainty. It’s important to make the most of your retirement planning options. 

Key highlights include:

• What is the difference between the accumulation phase and the pension phase of super?
• Is there are minimum amount of money you must take out of a pension each year?
• At pension phase, is everything inside your fund is tax free?
• How do you start a pension? 
• How often can pension payments be made?
• Why would you start a pension before June 30?
  • Make a contribution from your pension to make a personal tax deductible contribution back to super
  • Build super in a spouses name, avoid the transfer balance cap
  • Paying off debts 
  • Do a rennovation
  • Transition to retirement – access super money while you’re still working (it’s not tax free though) 
• What is the taxable lifetime limit?
• Why wouldn’t you start a pension before June 30?
• An offer for a free appointment to talk about your own retirement planning needs and goals. Everyone has different goals and personal financial planning advice can help you make the right decision for your needs and situation. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help with your pension and retirement plans?

June 30 is a great time to review your financial goals and make some new goals for the coming financial year – even retirement goals! We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your financial and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 5 June 2020 and the topic: Preparations for June 30 tax and setting yourself up for the new financial year. 

In today’s topic Financial Planner Luke Smith joins Leon to explore the opportunities that the end of financial year presents. It’s a great time to review and plan, to ensure you make the most of your tax deductions and consider your goals for the new financial year which is just around the corner.  Leon and Luke start the show talking about why now is the time to think about your goals and opportunities. 

Key highlights include:

• Deductible contributions to super and checking your super statements
• Prepaying what you can to secure tax deductions
• Preparing for retirement – bolstering contributions before you stop working
• Making the most of carry forward contributions too
• Considerations for the self-employed, bill now or wait for July? Asset write-offs
• Review the budget – do you know where you’re money is going?
• Some of the key strategies you can stack in your favour may include:
  • Non-concessional contributions to super if you’re retiring 
  • Reviewing your insurance to make sure it still meets your needs
  • Making tax deductible contributions to super or PSS contributions if you’re a member of that fund
  • Reviewing your home loan interest rate
  • Using offset accounts more strategically to fund tax deductions
  • Consider your super investment strategy 
  • Organise your paperwork for the accountant
• An offer for a free appointment to talk about your own financial planning needs.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like help with your own financial goals?

June 30 is a great time to review your situaiton and make some new goals for the coming financial year. We’re very pleased to let you know that we’ve returned to the office for appointments. Make an appointment to catch up with Luke face to face, over the phone or via video appointment. 

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your financial and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 29 May 2020 and the topic: PSS Super- The Public Sector Superannuation Scheme.

In today’s topic Financial Planner Luke Smith joins Leon to explore the opportunities many people who work for the Government don’t realise they have with the PSS Scheme.  Leon and Luke start the show talking about the Covid-19 re-start of the NRL football season with the Canberra Raiders playing this weekend with the Melbourne Storm. Go Raiders!
(Post game note: Good news, Canberra won 22-6, sorry to the Storm fans listening).

Key highlights include:

• What is the PSS?
• How is your final benefit calculated?
• Do you know why it’s a good fund to be a part of?
• What is the benefit of making a 10% contribution if you can?
• What’s the difference between making a 5% contribution and a 10% contribution?
• Can you have a second superannuation fund to salary sacrifice if you wanted to save more to super?
  
• Does the PSS take new members? Sadly no!
• How should you take the PSS once you retire? Pension, Lump Sum or Combination?
  
• Start thinking about your PSS with the end in mind – the sooner you start the better! 
• An offer for a free appointment to talk about your own financial planning needs.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like advice about your PSS and retirement plans?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will also return very shortly!

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your PSS and retirement goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 22 May 2020 and the topic: Tax deduction planning and the end of financial year.

In today’s topic Financial Planner Luke Smith joins Leon to explore the opportunities around planning for the end of financial year. They start the show though with a drum roll, after 8 weeks Luke joins Leon back in the studio. Australia has done better than others to manage Covid-19 and let’s hope the good results continue as we slowly emerge back to pre-covid life.

Key highlights include:

• Working from home during Covid-19? There’s a tax deduction there.
• Personal deductible contributions to boost your super and save tax. Don’t forget about the $25,000 limit and the carry forward credits that you might not have used from last year!
• Pre-paying interest on an investment loan where the interest is tax deductible
• Claiming income protection premiums, where the insurance is held in your name
• Self employed opportunites – The 150k Instant Asset Write Off, this includes second hand good purchases too!
• Pre-retirement strategies – using pension payments to fund personal deductible contributions to boost your super and save tax!
• How do you make the most of your options?
• The 30th June in 2020 falls on a Tuesday, but don’t leave it to the last minute to plan – start now.
• An offer for a free appointment to talk about your own financial planning needs.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Are you ready to take advantage of your financial options?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed, shortly we hope!

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your investment, personal insurance or retirement matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

What is bankruptcy/liquidation and what should you know about these things during Covid 19? Financial Planner Luke Smith spoke with Jonathon Colbran from RSM Australia. RSM is a world leading provider of audit, tax and consulting services and Jonathan is a Partner in restructuring and recovery. Jonathan has almost 20 years in this field and has worked with individuals and companies, both small and big over this time.

They begin the discussion though about the ongoing Covid-19 crisis and the financial impact it’s having on many Australian individuals, families and businesses right now. 

Key highlights include:

• What is the role of a professional within restructuring and recovery?
• Why having a conversation with them sooner rather than later, if you find yourself or your business in financial stress will benefit you.
• Don’t think the first step here is bankruptcy of yourself or shutting down a business, things can be restructured to continue as normal – that’s often the outcome. It can create a stronger financial position.
• Defining the key terms, bankruptcy and liquidation – what are these exactly?
• What is receivership?
• Common questions from individuals and families:
  • I’ve lost my job or I’ve got too much debt, what are my options?
  • What are some of the implications of becoming bankrupt eg, what happens to the family home?
  • How long does bankruptcy last?
  • What does a conversation about bankruptcy cover?
  • How is bankruptcy a fresh start?
• Common questions from business owners:
  • My business is under stress as a result of covid 19, what are my options?
  • What at are my duties/obligations as a business owner/director?

Financial planning advice can assist you make informed decisions. So can the advice of a Restructuring and recovery consultant. Would you like to discuss your financial planning future?

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like some advice around bankruptcy and liquidation?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer: Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial plans. Call Envision Financial Services on 02 6260 4749.

Luke is also happy to refer you to Jonathon Colbran from RSM Australia should you need financial distress advice. You can call Jonathan on 02 6217 0341 or email him at jonathon.colbran@rsm.com.au. You can also visit the RSM Australia website at www.rsm.com.au and check out their free covid resources.

You can also use our contact us form to make an appointment for a confidential discussion about your situation. Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 15 May 2020 and the topic: Asset allocation.

In today’s topic Financial Planner Luke Smith joins Leon to explore the issues around asset allocation, market volatility and investing. As Covid-19 slowly declines, Leon has returned from his home to the 2CC Studio. Luke will return to the studio next week! 

Key highlights include:

• What is asset allocation?
• Risk plays a big part in determining your asset allocation, how fast will you drive your car?
• Why is being aware of media noise is important?
• Important note: Not all assets within the same asset class are the same.
• What are growth and defensive assets?
• Does market volatility influence asset allocation?
• Check the underlying asset classes; don’t go on the name of a portfolio – balanced might not be balanced!
• Should you invest in a volatile market?
• An offer for a free appointment to talk about your own investment needs. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like financial advice on asset allocation and investments?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed, shortly we hope!

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your personal investing matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 8 May 2020 and the topic: Investing during Covid-19.

In today’s topic Financial Planner Luke Smith joins Leon to explore the issues around Covid-19 and investing. How does a pandemic affect your investment decisions? Luke and Leon though start the conversation about working from home during this time. It seems many people are enjoying a break from the office and would like to keep doing some work from home, once life returns to normal. 

Key highlights include:

• What does ASIC say about investing right now and what does Luke think?
• What’s the difference between day trading and investing?
• Why ‘value’ and ‘time’ are two key considerations.
• Come back to your ‘why’ – why are you investing at this time?
• Even high quality companies have not been immune from the impacts of covid
• Why trying to pick the bottom of the market is a fools game and why a partial investment position might be better.
• Diversification still matters and why it’s important to understand what your underlying investments.
• What are the key things you might look at other than share price on shares?
• How can you make the most of the current market?
• An offer for a free appointment to talk about your own investment needs. 

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like financial advice on investment planning during Covid-19?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your personal investing matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

A home loan is often the largest loan many Australians will purchase. But what makes a good home loan and how do you get it?
Financial Planner Luke Smith spoke with David Thomas from Trilogy Funding. Trilogy Funding is the property investor’s mortgage broker. They help first home buyers, first time property investors and experienced property investors secure the right kinds of loans for their circumstances. David Thomas is the Managing Director of Trilogy Funding and he’s supported by an able team of expert mortgage brokers in Canberra.

They begin the discussion though about one of the key starting points with any goal, think about what you’re trying to accomplish.

Key hightlights include:

• What is your time frame?
• Should you have a fixed rate or a variable rate loan?
• Is it just about getting the best loan rate or is it about consistency of payments?
• What are off-set accounts and redraw facilities?
• What are the key things you need to have in place before you get a loan?
  • Standard documents
  • Expenses
  • Other loans
  • Your credit file
  • Your age and exit strategy if you’re over 45.
• The new questions lenders are asking
• Self employed people – BAS statements, Salary credits, your market segment and your ability to pay
• Lenders are looking at your character – do you have a good record of behavior?
• Lenders are looking at the capital your bringing to the purchase and the collateral you can offer to secure the loan
• They are also looking at the security of your income and also common sense – how speculative is the investment you wish to make with the loan.
• What about mortgage insurance and how much of a deposit do you need to avoid it?
• What about credit cards and store cards? How does the bank factor them in loan applications?

Financial planning advice can assist you make informed decisions. So can the advice of a Mortgage Broker.

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like some advice around your home loan and financial plan?

Make an appointment to catch up with Luke over the phone or via video conference. Face to face appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke is also happy to refer you to Trilogy Funding should you need Mortgage Broking Advice. You can call David Thomas on 1300 657 132, email him at david.thomas@trilogyfunding.com.au or visit the trilogy funding website https://www.trilogyfunding.com.au

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 1 May 2020 and the topic: Personal insurance and Covid 19.

In today’s topic Financial Planner Luke Smith joins Leon to explore the issues around Covid 19 and insurance. How does a pandemic affect your insurance cover? Luke begins by noting that personal insurances include life cover, total and permanent disability cover, trauma cover and income protection.

Key highlights include:

• Do insurance contracts have anything in them about pandemics? 
• What should be looking at?
  • The types of cover you have
  • The amount of cover you have
  • Where you hold the cover – inside or outside of super (inside super might be helpful right now)
  • The definitions of your policies
• For new insurance arrangements, that is new cover, insurers are looking are things differently right now
• Also consider who your beneficaries are – is it a dependant or non-dependant, there are tax issues
• What happens to income protection insurance right now…given the shut down
• Is there such thing as redundancy insurance?
• The importance of reviewing your policies – do they still meet your needs or have things changed? You even might save money!
• Insurance matters to check right now: important information here that’s worth checking against your current needs
• An offer to seek financial advice about your own insurance needs, costs and requirements.

Listen to the Podcast right now

Also available on Apple Podcasts and Spotify ‘The Strategy Stacker – Luke Talks Money’

Would you like personal advice on your own insurance to ensure the cover meets your needs? 

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your personal insurance matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

The saying your home is your castle, has probably never been more true. We’ve been bunkering down during Covid-19 which has had a big impact on many personal and family finances.

Financial Planner Luke Smith spoke with David Thomas from Trilogy Funding. Trilogy Funding is the property investor’s mortgage broker. They help first home buyers, first time property investors and experienced property investors secure the right kinds of loans for their circumstances. They can also help people who would like to explore their home loan options, as a result of the coronavirus. David Thomas is the Managing Director and he’s supported by an able team of expert mortgage brokers in Canberra.

They begin the discussion though about how Trilogy helps people make the most of their loan options and work through three common Covid-19 scenarios.

I’ve had a total loss of income as a result of Covid-19

• Can I put my repayments on hold?
• Why is it important to take action on a loan before defaulting on a repayment?
• How will it impact your credit score and future loan?

I’ve had a slight loss of income as a result of Covid-19

• What are the things we can do to help our short term cash flow?
• Can I look for a better loan deal? Move to interest only repayments? Move to a longer term loan?
• How long does it take to get a new loan and are their costs generally?
• Do lenders treat clients the same or do they take into account your own specific situation?

I’ve had no change in my income as a result of Covid-19

• Can I get a better deal?
• Can I consolidate debts and get a better rate?
• What is a better deal? I’ve heard interest rates are low right now
• Can investors get better loan deals on those kinds of loans?

Are the any other strategies that can be considered?

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like some advice around your own home loan finances right now?

Make an appointment to catch up with Luke over the phone or via video conference. Face to face appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke is also happy to refer you to Trilogy Funding should you need Mortgage Broking Advice. You can call David Thomas on 1300 657 132, email him at david.thomas@trilogyfunding.com.au or visit the trilogy funding website https://www.trilogyfunding.com.au

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 24 April 2020 and the topic: Retirement planning and Covid 19.

In today’s topic Financial Planner Luke Smith joins Leon to explore the issues around retirement planning during the unusual times we find ourselves in. Is it still possible to retire with everything that’s going on right now? Luke begins the conversation by reminding us that this too shall pass.

Key highlights include:

• Think about your income requirements over the next 12-18 months
• Keeping a percentage of your portfolio in accessible cash
• The impact of retirement – it’s a change, even without covid 19 being around
• You still can retire now, if you’re ready to
• Think about your own current situation and needs
• Is it full time retirement or will you still be working part time?
• Are there other things you can do and look at to keep more control?
• The key things to remember when thinking about retirement during Covid 19
• An offer to have a chat and seek financial advice about your own retirement planning

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like some advice around your own retirement plans?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 April 2020 and the topic: Super and Covid 19.

In today’s topic we explore the Governments offer for eligible people to access their superannuation during the Covid-19 pandemic that’s currently affecting Australia and the world. It might seem like a simple decision, but Luke offers a range of insights to consider before you make a decision. There’s more to consider than you might first think.

Key highlights include:

• Should you access your super?
• Are there alternatives other than super to fund the things you need to?
• If you do make the decision to access super, what will you be giving up?
• Which assets within your super should be used to fund the withdrawal?
• What else do you need to consider? 
• An offer to have a chat and seek financial advice.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like some advice around your own super?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial matters. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 3 April 2020 and the topic: Costs of a self managed super fund. 

In today’s topic we continue the to take a closer look at self managed superannuation funds. In part 1, we looked at how to set up a SMSF. In part 2, we looked at what’s involved in running a SMSF. In part 3, we look at the benefits of a self managed super fund. Part 4, this episode looks at costs

Key highlights include:

• What does a SMSF actually cost?
•  What should you look for when looking at the fees of your non SMSF fund?
  •  Membership / Administration fees
  •  Internal Cost Ratios (ICR)
  •  Super splitting fees and separation fees.
•  Fees in SMSF should be explicit.
•  Luke compares costs of a SMSF with other types of funds
•  Are there any other fees within a SMSF that you should be aware of?
  • Actuarial certificate and company fees (if a company is used for the super trust structure)
•  SMSF’s are probably not appropriate for smaller account balances
•  What are some strategies to think about when investing in a SMSF?
• You should consider your own situation and needs before choosing a self managed superannuation option. Financial planning advice can assist you make informed decisions.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like to explore the costs and benefits of a self managed super fund?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial plans. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 27 March 2020 and the topic: Benefits of a self managed super fund. They begin the discussion though about the ongoing Covid-19 crisis and the financial impact it’s having on many Australian families right now.

Super access and Covid-19 discussion

In this episode Financial Planner Luke Smith joins Leon from 2CC via telephone given the ongoing social distancing requirements that have come into play. They started the conversation about accessing $10,000 this financial year and $10,000 next financial year – an initiative implemented by the Federal Government. But what are the implications? Super is a long term savings vehicle regardless of which type of super fund you use. Luke suggests looking at other options before this one. 

The topic for this episode – Self Managed Super Funds – Part 3

In today’s topic we continue the to take a closer look at self managed superannuation funds. In part 1, we looked at how to set up a SMSF. In part 2, we looked at what’s involved in running a SMSF. In part 3, we look at the benefits of a self managed super fund. The key benefit is flexibility.

Key highlights include:

• Greater control over the investments within your fund, compared to other super fund vehicle options
• Price and cost issues, it might be cheaper depending on what your individual circumstances are compared to other funds
• You also control your risk profile and asset allocation 
• As a result you also have greater control over how the income is generated, including franking credits and tax issues
• Luke’s top 3 benefits of a self managed superannuation funds
• Strategy considerations of SMSF in the current environment
• You should consider your own situation and needs before choosing a self managed superannuation option. Financial planning advice can assist you make informed decisions.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like to discuss if the benefits of a self managed super fund are right for you?

Make an appointment to catch up with Luke over the phone or via video conference. Appointments at the office will return once the Covid-19 has passed.

Envision 2CC offer:  Your first appointment is at our cost – even over the phone or by video chat. Make an appointment to confidentially discuss your super and financial plans. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 20 March 2020.

Covid-19 Financial discussion

In this episode Financial Planner Luke Smith joins Leon from 2CC via telephone given the new social distancing requirements that have come into play. They start the conversation about accessing super – during the covid-19 crisis – and we’ve since seen the Government bring new rules into place. To access your super early contact your super fund. 

We’ve also seen that the Government has also introduced the ability for those on account-based pensions to reduce the amount of pension they need to take to help preserve the capital. Again contact your Super Fund to do this.

It’s also important to remember the impact of the market on your  superannuation. Please remember most people don’t have all of your assets in a super fund invested in shares. People in balanced and diversified funds won’t rise or fall at the same rate as the share market.

The topic for this episode – Self Managed Super Funds – Part 2

In today’s topic we continue the to take a closer look at self managed superannuation funds. Now that the fund has been set up, how do you manage it? 

Key highlights include:

• Consider the super fund investment strategy – must happen annually. A financial planner like Luke at Envision Financial can also help you do this.
• Consider the insurance needs of the members within the fund – must happen annually. A financial planner can also assist.
• When a pension income stream is started, you need to complete paperwork for the accountant and auditor. 
• The accountant needs to complete a tax return for the self managed super fund.
• Your accountant will need information from you to complete the administration and tax requirements. Luke outlines the information requirements.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like to talk about running your own self managed super fund?

Make an appointment to catch up with Luke at his office over a cup of tea or coffee.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your superannuation plans. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 13 March 2020.

In this episode Financial Planner Luke Smith joins Leon from 2CC take a closer look at self managed super funds and specifically how to set one up. It’s been a popular topic with radio and podcast listeners so Luke’s going to take a closer look. They start the show though by talking about the continued volatility of the share market. On Friday at the time of the show, Australian Shares had bounced back following a Government announcement about Covid-19. Clearly volatility is going to continue and Luke warns about the dangers of emotional decision making during times of volatility. 

Key highlights include:

• Where do you start setting up a SMSF?
• The importance of understanding your ‘Why’ before you begin?
• Do you have a corporate trustee or joint partnership of a self managed super fund
• Pick a name for your fund, self managed super funds names are not registered, however the corporate trustee is a registered name if you use one. There’s often a role for a solicitor here.
• Creating the deed, it’s the rule book for how your self managed fund will work.
•  New binding death nominations for your fund, what are they and what do they do?
•  Tax file numbers and ABN – they’re also required
•  You’ll also need a bank account for the fund
•  Rolling over and contribution issues to consider
•  You’ll also have a legal requirement to create an investment strategy
•  There’s also responsibilities as a trustee that you should be aware of
•  You’ll also need to open a trading account, if you intend buying and selling shares
•  You’ll also need an accountant to help you meet your ongoing accounting SMSF obligations and Luke shares some tips on finding the right accountant.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like to talk about setting up a self managed super fund or managing one?

Make an appointment to catch up with Luke at his office over a cup of tea or coffee.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your superannuation plans. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 6 March 2020.

Stock market volatility continues to be front and centre of finance news but Australia has enjoyed many years of economic growth. This probably makes the current share market volatility seem more pronounced as we’re simply not used to it.  In this episode Financial Planner Luke Smith and Leon from 2CC take a closer look at the personal finance issues surrounding movements and the importance of keeping perspective. Certainly the media like talking about losses, but in the current environment we’ve seen both down days and up days. What are the things smart investors need to be aware of at times like this?

Key highlights include:

• Long-term investors beware: If you jump out of shares right now what are you jumping into? Cash rates are at record lows
• Did you know that share dividends are a function of profit and do not directly correlate with the share price?
• What business sectors are likely to be affected by covid-19?
• Remember your ‘Why’, what are your goals and timeframe for investing?
• Beware if sensationalist media reporting, percentage losses provide more useful information than total market rises or falls.
• Do the down days on the stock market present buying opportunities? 
• What is short selling?
• What are the mistakes people make during times of market volatility?
• Above all, don’t panic.
• There’s also an offer to meet with Luke at Envision Financial to talk about managing your own situation.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Would you like to talk about managing share market volatility with your own investments?

Make an appointment to catch up with Luke at his office over a cup of tea or coffee.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial concerns, options and plans. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 28 February 2020.

Luke and Leon begin the show by reflecting on what’s been happening with stock markets given Covid 19, and the importance of keeping a long term perspective in the short term. Now might be a buying opportunity. The topic of the day however is super contributions versus paying off your home. Which way should you go?

Key highlights include:

• What are the issues you might consider in making a decision?
• Is the loan tax deductible or not?
• How low interest rates help paying off the home sooner
• Can you restructure your home loan to do both?
• What circumstances might prompt you to pay off your home loan quicker?
• What circumstances might prompt you to contribute to your superannuation?
• Make the most of your options, considering perhaps even moving to part time as you get older.
• There’s also an offer to seek advice with Envision Financial.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need help to decide if you should pay off the mortgage or contribute more to super?

Let us help you consider your options and get your financial goals and plans in place. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial options and plan. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 January 2020.

The podcast kicks off with Luke talking about how understanding the process for insurance cover makes the process easier, and helps you get the right cover for your needs and situation. In the latest podcast, Luke explores some of the key things everyone should consider before applying (or re-assessing) personal insurance. Personal insurance covers income protection, total and permanent disability insurance, trauma insurance and life cover. 

Key highlights include:

• Think about what you need and why you need it
• Think about how you will structure it, who owns the policy?
• How are you going to pay for it? Yourself, your super, your partner?
• Where are the proceeds meant to go?
• How long will you need the cover?
• What’s the difference between stepped and level premiums?
• How does physical health influence personal insurance?
• What are some of the strategy options you should consider?
• What’s the difference between own occupation and any occupation?
• Make the most of your opportunities, as well as the offer to seek advice with Envision Financial.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need help in setting up personal insurance cover?

Let us help you get your insurance in place.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 10 January 2020.

The podcast kicks off with Luke and Leon talking about how superannuation rules keep changing and the current environment leaves many of us feeling like ‘simple super’ doesn’t exist. It’s really important thought because for most people, super will determine their level of comfort in retirement. In the latest podcast, Luke explores some of the key things everyone can do to compare superannuation funds. It’s really about looking at some key areas and understanding your goals.

Key highlights include:

• Kick off your review by pulling out your super fund information
• Think about what type of superannuation vehicle you need
• Understand the costs of your funds – administration fees, investment cost ratio (investment fees), transaction fees
• Look at the investment menu – what does it allow you to invest in? Can you get franking credits?
• It’s really important to realise not all super funds offer the same investment options.
• What is your asset allocation? Take a close look at what the underlying investments are.
• Consider your own super goals and strategy-  is it growth without too much risk? Is it good income without too much risk? Do you  want to be able to get franking credit benefits now and in retirement?
• If you’re paying more than 1% on your ICR (Investment Cost Ratio) it’s really worthwhile seeking advice
• Make the most of your opportunities, as well as the offer to seek advice with Envision Financial.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need help with comparing super funds?

Let us help you get your super working better for you.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals. Call Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 3 January 2020.

Happy New Year. The podcast kicks off with Luke sharing his own experience amongst the bushfires sleeping on a basketball court. A shout out to the amazing volunteers right around Australia right now looking after visitors as well as their own communities. In the latest podcast, Luke shares the benefits of income protection – that protects your greatest asset, your ability to earn.

Key highlights include:

• What is income protection insurance?
• The key elements that you should consider when considering cover
• What factors impact the cost of cover?
• What is super linking your income protection cover?
• The difference between income protection inside and outside of super
• And more strategies to make the most of your opportunities, as well as the offer to seek advice with Envision Financial.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need help with income protection insurance?

Make an appointment with Envision Financial Canberra. Luke and the team would like to wish all our 2CC and Strategy Stacker podcast listeners a Happy 2020. If you or one of your loved ones is in a fire area please stay safe. The volunteer fire fighters have and continue to do amazing work for their towns and communities across Australia.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals. if you would like to make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Please note that our office will be closed from Friday 20th December 2019 and reopening on Monday 6th January 2020.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 27 December 2019.

We hope you’re enjoying the holidays if you’re taking them and that Christmas was fun filled. In the latest podcast, Luke shares a stack of 2020 New Year resolution ideas and tips to improve your financial life.

Key highlights include:

• Understanding where you’re money is going and refresh your budget
• Setting up an emergency fund
• Use a 2020 pay rise or bonus to good effect 
• Making the most of the home loan and offset an account
• The idea of ‘sacrifice or regret’
• Make informed choices – CSS and PSS members get contribution rates up if you have available cash!
• And more strategies to make the most of your opportunities, as well as the offer to seek advice with Envision Financial.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Wishing you a Happy New Year!

Luke and the team would like to wish all our 2CC and Strategy Stacker podcast listeners a Happy 2020. If you or one of your loved ones is in a fire area please stay safe. The volunteer fire fighters have and continue to do amazing work for their towns and communities across Australia.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals. if you would like to make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Please note that our office will be closed from Friday 20th December 2019 and reopening on Monday 6th January 2020.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 20 December 2019.

It’s a busy time of year. But can you have a great Christmas without regretting the January credit card bill? Luke joins 2CC with some tips and tricks for managing holiday spending.

Key highlights include:

• Thinking more about spending – do you need it or do you want it? 
• Have a budget
• Have a plan
• Shop with cash, reduce your credit card limit
• And more!

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Wishing you and your family a very Merry Christmas!

Luke and the team would like to wish all our 2CC and Strategy Stacker podcast listeners a Merry Christmas. If you or one of your loved ones is in a fire area please stay safe. The volunteer fire fighters have and continue to do amazing work for their towns and communities across Australia.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals. if you would like to make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Please note that our office will be closed from Friday 20th December 2019 and reopening on Monday 6th January 2020.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 13 December 2019.

Following on from last weeks show about budgeting, Luke takes a closer look about how we set up some good investment behaviours from the savings we make. Automation helps get things done, without having to worry about it. Setting up investments can help you achieve your financial goals. 

Key highlights include:

• Automation really means setting up some good behaviours
• Having a budget and saving is a good foundation, before any investment occurs
• Understanding your risk profile is also a good foundation behaviour
• Shares and managed funds have re-investment options, which are types of automation
• Dollar cost averaging – how it helps investors manage market volatility 
• Exchange Traded Funds (ETF) can help you target a specific investment segment
• Things to consider before you start investing
• Financial planning strategies to consider when you start investing
• An offer to trial our knowledge centre for free. Click on resources above to start your trial to access budgeting tools and calculators.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on setting up or reviewing your investments?

If would like to talk about setting some financial strategies to achieve your goals, including investment and dollar cost averaging, make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. 

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 6 December 2019.

How’s your budgeting going? Can you manage your money better without it being a huge chore? In this podcast, Luke takes a closer look about how we manage money day to day, month to month. Getting your budget right sets you up to take advantage of other financial planning strategies.

Key highlights include:

• Most people think budgeting is a chore but it doesn’t need to be
• Start by looking at your expenses over a month
• Why you shouldn’t peg yourself against what your friends do
• How setting a timeframe can help you start
• Why having goals keeps you focused 
• Good budgets help you get what you want and change bad behaviour
• Why setting up separate accounts works
• The importance of rewarding youself 
• Tricks and tips – Shopping with cash versus paywave and afterpay, and keeping your receipts on your smart phone or app
• An offer to trial our knowledge centre for free. Click on resources above to start your trial to access budgeting tools and calculators.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on budgeting and investments?

If would like to talk about setting some financial strategies to achieve your goals, including budgeting and investments make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Envision Financial can also work with your accountant or mortgage broker or refer you to one if you don’t have one.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 29 November 2019.

When many people thinking about investing, they immediately think about shares. But there’s a lot of misconceptions about share investments. In this podcast, Luke takes a deep dive into shares. There’s more to them than you first think and there might be opportunities depending on your goals and objectives.

Key highlights include:

• It’s a big misconception: All shares risky.
• So why would you buy shares?
• What are you looking to achieve, income or growth or both? 
• Do your shares have full or partial franking credits?
• Why it’s essential to look at the sector your buying to understand the characteristics.
• Can you manage risk? 
• How can you buy shares – direct, managed funds or exchange traded funds?
• The composition of your share portfolio matters – diversify!
• Franking credits might be worth looking out for in some circumstances too.
• Be mindful of share prices before you buy.
• Is now the right time to buy shares because cash interest rates are low (at the time of this podcast)?
• An offer to trial our knowledge centre for free. Click on resources above to start your trial.

Listen to the Podcast right now

Also available on Apple and Google Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on shares and investments?

If would like to talk about setting some financial strategies to achieve your goals, including shares and investments make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Envision Financial can also work with your accountant or mortgage broker or refer you to one if you don’t have one.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 8 November 2019.

As we approach the end of a year or financial year, the calendar prompts many people to think about their own retirement plans. In this podcast, Luke explores how to turn your superannuation into a retirement income stream and explores some of the important issues to consider before you decide to leave your job.

Key highlights include:

• When it comes to life after work, there’s no such thing as a dumb question.
• What’s the difference between a transition to retirement pension an account-based pension?
• Will you continue to work part-time or will you retire fully and cease employment?
• How often can you draw pension payments from either your transition to retirement or account based pension?
• An account based pension are very tax effective – but have you thought about your tax position with other assets?
• Also think about the relationship between partners to maximise your tax-free limits under the transfer balance cap.
• Why is seeking retirement advice before you leave work important?
• An offer to trail our knowledge centre which is full of information, videos and calculators at no cost. Checkout our online calculators too.

Listen to the Podcast right now

Also available on Apple Podcasts ‘The Strategy Stacker – Luke Talks Money’

Do you need advice on your retirement plans?

If would like to talk about setting some financial strategies to achieve your goals, including your retirement goals and planning, make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Envision Financial can also work with your estate planning solicitor or refer you to one if you don’t have one.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 1 November 2019.

Spring and summer are popular times to sell homes, especially by those seeking to downsize to something smaller.  In this podcast, Luke explores how the downsizing legislation can help fund your retirement through superannuation. 

Key highlights include:

• What is the downsizing legislation and why was it created?
• How does it work with a practical example?
• Is this a once off opportunity?
• How much can you contribute through this strategy?
• What should people consider before using the downsizing strategy?
• Are there Centrelink implications to this strategy?
• Is there paperwork I need to complete?
• Why is seeking advice before you implement a downsizing strategy important?
• An offer to trail our knowledge centre which is full of information, videos and calculators at no cost. Checkout our online calculators too.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need help with your own downsizing strategy?

If would like to talk about setting some financial strategies to achieve your goals, perhaps even a downsizing strategy, make an appointment to meet Luke at Envision Financial Services on 6260 4749. You can also use our contact us form to make an appointment for a confidential discussion about your situation. Envision Financial can also work with your estate planning solicitor or refer you to one if you don’t have one.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joins 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 21 June 2019.

Luke talks about financial planning and money matters for females. The bygone era of the husband looking the money has given way to many many female-specific financial planning actions. Are you making the most of your opportunities?

Key highlights include:

• What many women want: Control and independence
• Women are taking a more proactive roll in managing their financial situation and seeking advice
• Career progression and raising a family will impact on your financial life
• Strategies for women include: Budgeting, income/super splitting, concessional contribution catch up superannuation legislation (or Mum returning to work legislation). The catch up legislation allows you to boost your super and get a tax deduction for your contributions
• Budgeting, regular savings plans and using separate accounts, don’t forget to reward yourself for good behaviour!
• How to protect your independence – manage your debt and consider insurance like income protection. Similarly, Total and Permanent Disability cover, Life cover and Trauma cover might also be considered. There are important differences.
• Superannuation can be a great vehicle for holding some of your insurances. Check you’ve got the ‘own occupation’ insurance definition.  Check your super  fees and charges. Also consider spouse contributions too if you’re married.
• An offer to trail our knowledge centre which is full of information, videos and calculators at no cost.

Listen to the Podcast right now

Also available on Apple Podcasts 

Would you like help with your financial plans?

If you need financial advice or would like to talk about your savings, super or retirement plans, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 14 June 2019.

Luke talks the recent interest rate cut from 1.5% to 1.25% by the Reserve Bank of Australia. 1.25% is a historically low rate, with the rate being 1.5% for the previous 30 months. They start the conversation talking about the election result that has provided some stability to the Australian economy.

Key highlights include:

• The importance of growth in our economy
• Why are earnings even more important for those investing?
• What the Government’s 10 year bond rate might indicate about the future
• How does the RBA rate cut from 1.5% to 1.25% impact on a typical household?
• The benefit of accessing super if you can to pay off debt and make deductible contributions back into super at times like this (seek advice)
• Don’t forget about your budget, it’s a good time to sharpen your spending and savings plans too
• Mortgage brokers can help you shop around on your home loan to help your cash flow
• What’s the difference between term deposits (an investment product) and fixed interest (an investment sector) 
• How paying down home loans and investment loans makes a difference
• Why might you fix part of your home or investment loan?
• How selecting the right kind of loan or investment product can also make a difference
• An offer to trail our knowledge centre which is full of information, videos and calculators at no cost.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need investment or retirement income advice?

If you need financial advice or would like to talk about your investment or retirement planning, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM with Richard Perno.
The Money Show aired on Friday 7 June 2019.

Luke talks about end of financial year matters and in particular your contributions to super before June 30. They start the conversation though talking about the Government’s new superannuation changes that come into effect from 1 July. If you haven’t had a contribution to your super for a period, the fund is obliged to turn off insurance. Super balances less than $6000 will also be transferred to the  Australian Tax Office. This could leave your super fund high and dry if something was to happen as you’d no longer have insurance which might include income protection cover, total and permanent disability cover and death cover. Now is a good time to get your super sorted!

Key highlights include:

• What is a personal concessional contribution?
• Make sure your contribution reaches your super account before June 30 to receive the tax deduction
• Don’t forget that there’s a limit which applies to the amount of concessional contributions you can make. It’s $25,000 per year (which includes employer contributions)
• What concessional contributions you don’t use this year, can carry forward to next year , it called ‘the carry forward rules’
• The carry forward rules don’t apply to everyone, rules apply: your super balance needs to be under $500,000
• Think about how you can use these rules with your partner, if you’re married
• How you might make the most of the concessional contributions this year?
• The benefits of your kids and young adults saving to super
• The benefits of turning your super into a pension (tax free) to make a personal concessional contribution to get a tax deduction, if you’ve met a condition of release
• Don’t forget to lodge the paperwork with your superannuation fund to notify them that you want a tax deduction before June 30
• What happens if you exceed your $25,000 contribution limit?
• An offer to trail our knowledge centre which is full of information, videos and calculators at no cost.

Listen to the Podcast right now:

Also available on Apple Podcasts 

Do you need concessional contribution and super advice?

If you need financial advice or would like to talk about making the most of your super opportunities, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM with Richard Perno.
The Money Show aired on Friday 31 May 2019.

Luke talks about retirement planning, super and pensions. They start the conversation though talking about tax deductions as we approach the end of financial year. Luke also talks about the government decision to cancel people’s insurance in their super, without asking them. This could leave them high and dry if something was to happen.

Key highlights include:

• What is the difference between superannuation and a pension?
• Don’t confuse your Super Pension with the Centrelink Age Pension – the Age Pension has nothing to do with when you can access a pension from your super.
•  What are the rules around accessing your super?
•  Can you keep you pension going if you change your mind and return to work?
•  How much do you need to accumulate? It depends on your resources and lifestyle costs – everyone is different.
•  Why super is a good vehicle to save for retirement – you might even be able to get a tax deduction for contributions you make.
•  How to put money and assets into super and what is super splitting?
•  Are there caps on the amounts of money into your superannuation?
• How often can you take a pension payment from your account?  You can take lump sum payments too!
•  End of financial year issues – don’t miss the 30 June deadline
• Pensions can be complicated, there are rules so seek financial advice if you need to.
•  An offer to trail our knowledge centre which is full of information, videos and calculators at no cost.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need super or pension advice?

If you need financial advice or would like to talk about accessing your super or retirement plans, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM with Richard Perno.
The Money Show aired on Friday 24 May 2019.

Luke talks about how to turn your super into a retirement income. It’s called a pension, and it’s in addition to the government pension you might be eligible to receive. They start the conversation though talking about the election result that’s left many retirees relieved, given there will be no changes to franking credits that help fund their retirement income.

Key highlights include:

• What is a pension?
• Why retirement looks different these days – it might be part time work or contracting, and topping up your wages with a pension from your super.
• What is an account-based pension? (When you’re retired)
• What is a transition to retirement pension? (When you’re still working)
• How to use a pension to fund super contributions or help pay off the mortgage if you’re still working and have met your preservation age (depends on your date of birth).
• Don’t confuse your Super Pension with the Centrelink Age Pension – the Age Pension has nothing to do with when you can access a pension from your super.
• The benefits of making a contribution to your super and getting a tax deduction.
• How often can you take a pension – fortnightly, monthly, half-yearly or yearly.
• Pension benefits – there’s no tax within an allocated pension, up to the allowable limits.
• Pensions can be complicated, there are rules so seek financial advice if you need to.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need super and pension advice?

If you need financial advice or would like to talk about accessing your super or retirement plans, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM with Richard Perno.
The Money Show aired on Friday 17 May 2019.

Luke talks about super and the ways you can contribute to your fund to create the retirement income you’d like to enjoy. They start the conversation though talking about the upcoming 2019 federal election and the hot button issues that’s have many pre-retirees and retirees concerned. 

Key highlights include:

•  Contributing to superannuation through Concessional Contributions – Salary Sacrifice, Personal Deductible Contribution and Employer Contributions
• Contributing to superannuation through Non-Concessional Contributions – because it’s tax free going in, it’s tax free coming out!
• When you might use one of the contribution types to super over the other
• You can make contributions to your super anytime during the year – but be aware of the contribution limits
• Don’t forget that contributions need to be in your account before 30 June if you’re looking for a tax deduction. The year it goes in also impacts your contribution limits
• Using offset accounts and super splitting to help you build your super
• Some tips for PSS and CSS and other government super holders in making contributions to non-government funds
• Starting a transition to retirement pension while you’re working and using the payments to fund super contributions
• Facts to remember and busted myths – there are  contribution limits , you can take a pension under 60 and tax free depending on your preservation age, government employees do have opportunities, super splitting and more. 

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need superannuation advice?

If you need financial advice or would like to talk about your superannuation and retirement plans, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM with Richard Perno.
The Money Show aired on Friday 10 May 2019.

Luke reviews the question he most gets asked at as a financial planner at Envision Financial – “How much income do I need in retirement?” With a large percentage of the population approaching life after work, it’s a hot topic right now as people consider their superannuation and retirement planning options.  

Key highlights include:

•  How much money will you need? (How to work it out)
  
• Superannuation isn’t likely to be enough if you haven’t been making additional contributions.
• Expenses in retirement are different to when you’re working.
• The factors that a financial planner will consider when helping you plan for your retirement – it’s not just Centrelink. 
• Why risk matters and how it impacts your investments and income needs. 
• Why eating into your capital is a problem.
• Luke also talks about a number of financial planning strategies to help you get ahead with your planning and it starts with budgeting and starting sooner!
• And finally, an offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need retirement planning advice?

If you need financial advice or would like to talk about your superannuation and retirement plans, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 3 May 2019.

Luke caught up with Richard Perno to speak about the topic of Key Person Insurance. Key Person Insurance provides you with the opportunity fund the value of your business to yourself or your estate. It provides cover for your business if something happens to you, or a key member of your staff.  It also provides peace of mind for business partners or shareholders. Luke also mentions we’re looking for a new part-time administration assistant – if you’d like to apply please contact us.

Key highlights include:

•  What is key person insurance?
•  How can it be used?
•  Why it’s something all business owners or shareholders should consider
• How key person insurance fits with your business succession planning
•  What is a buy sell agreement?
•  The difference between captial cover and revenue cover.
•  Are the premiums for key person insurance tax deductible?
• The importance of keeping an eye on any business insurance over time – things change. For that reason, insurance is never set and forget.
•  And finally, an offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need key person insurance advice?

If you need financial advice or would like to talk about key person cover, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 26 April 2019.

Luke caught up for their first chat since the Easter break to speak about the topic of Income Protection. Income Protection provides you with the opportunity to protect the income you earn from your work or occupation.  

Key highlights include:

•  What is income protection insurance?
•  How much of your income will income protection insurance cover?
•  What are the key things to consider or review when looking at what you have or what you need?
•  What’s the difference between an agreed value policy and an indemnity policy?
• Should you  own the policy in your own name or should you own it inside your super?
• What’s the difference between stepped and level premiums?
•  Keep an eye on your insurance as your situation and life changes to make sure it’s still relevant.
•  Don’t forget about super-linking, paying for some of the cover from your super, not just from your take home pay.
• And finally, an offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need income protection advice?

If you need financial advice or would like to talk about income protection cover, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 12 April 2019.

Luke and Richard caught up on the topic of insurance inside of superannuation. Many superannuation funds offer insurance inside super, yet most people haven’t actually looked at what they have, what they need and what it all costs.  If you have more than one superannuation fund then you could even be paying too much for insurance cover if they all offer default cover.

Key highlights include:

•  Do all super funds offer insurance inside super?
•  What kinds of insurance do you normally find inside super?
•  Why trauma insurance isn’t a part of it, and what trauma insurance covers
•  Key reasons to hold personal insurance inside super: Mortgage repayments, School fees, lifestyle and cashflow
• Why it’s essential to understand the definition of TPD insurance – is it ‘any occupation’ or ‘own occupation’ there’s a big difference!
• Why holding inside your super can be beneficial
• What is a super linking strategy and how it works to split costs while accessing better coverage.
• Keep an eye on your insurance as your situation and life changes to make sure it’s still relevant.
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need personal financial planning advice?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 5 April 2019.

Luke and Richard caught up on the Federal Budget. With an election around the corner, all eyes were on Canberra this week to see what’s on offer. Of course it’s likely we’ll see an election before any of the proposals offered from either side of politics will be implemented. They start the conversation about Luke’s recent mountain bike accident that landed him in hospital.

Key highlights include:

•  Both sides made promises, but we’ve got an election just around the corner
•  The ongoing franking credit discussion and how that impacts those already retired
•  Increasing the age limit that’s on super contributions
•  Concessional contributions catch up legislation – this is law now so make the most of it!
•  A drop in tax rates in 2024 – it’s a long way off
•  Spouse super contributions age limit increasing
•  Increases to age care funding 
•  Once off payments for electricity bill payments
• Keep in mind that the budget announcements aren’t law yet so work with the options you have right now and seek financial advice
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need personal financial planning advice?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 29 March 2019.

Luke and Richard caught up on the topic of fixed interest. Within a low interest rate environment, fixed interest might not provide the returns that you’d like to achieve. It’s important to realise though that not all fixed interest offers are the same and it pays to take a closer look. 

Topics covered include:

• What is fixed interest – it’s more than a term deposit
•  The length of the term
•  Risk and return, like all investments it applies here too
•  Where you can invest – domestic and international fixed interest and the vehicles available
•  Don’t forget about the costs of investing in fixed interest too, costs still matter
•  Understand what you’re investing in, the term and how quickly you access your funds if you need to
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on Apple Podcasts 

Do you need personal financial advice?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 22 March 2019.

Luke and Richard caught up on the topic of end of financial year. Although it’s still a few months away now is the time to plan and take action in regard to concessional superannuation contributions. Concessional superannuation contributions are ones which someone (either your employer or yourself) claim a tax deduction for. If you want to claim a tax deduction for this financial year there’s a few important things to consider.

Topics covered include:

• What is a concessional superannuation contribution?
• The limit on the amount of contributions you can claim a tax deduction for, which is made up of your employers contribution too.
• Why Government employees in closed super schemes should check their super websites to see their contribution limits – defined super has different rules.
• The ways to make a personal concessional contribution to your super and making sure you complete the tax office paperwork to claim a tax deduction.
• The benefit of saving to an offset account linked to your mortgage and using that money for a super contribution and tax deduction.
•  Think about additional strategy stacks too such as spouse contributions and contribution splitting with your spouse.
•  Additional opportunities for people over 65 with super or those with account-based pensions to make their super as tax free as possible.
• Opportunities for the self employed and contractors to use concessional contributions too.
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on: 

Do you need personal advice on your 30 June options?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 1 March 2019.

Luke and Richard caught up on the topic of home loans. It’s a changed landscape since the royal commission. Banks have lifted their game when loaning money and it’s now harder to get a loan.

Topics covered include:

• What it means to put your best foot forward with a mortgage broker
• Why your first home might not be your dream home
• The danger of over extending your home loan and borrowing too much
• The importance of income protection insurance when paying off a home loan
• Understanding home loan interest rates and what happens if they rise
• The benefits of offset accounts, and the link to super contributions that provide a tax deduction
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on: 

Do you need advice or perhaps a second opinion?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 22 February 2019.

Luke and Richard caught up on self managed superannuation funds this week. It’s a different kind of structure to save for your retirement savings that gives you more control over what happens. You might have  heard of a SMSF but what’s it all about really?

Topics covered include:

• What is a self managed superannuation fund?
• Who might a self managed superannuation fund be suitable for? 
• Who controls it and can you have more than one person in it?
• The steps to set up a self managed super fund and the costs involved.
• The benefits of this kind of structure compared to others, like personal and industry super funds.
• The risks of self managed superannuation funds, you need to meet your obligations.
• An offer to trail the Envision Knowledge Centre at no cost. Click here to take up our free offer.

Listen to the Podcast right now

Also available on: 

Do you need SMSF advice or perhaps a second opinion?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation. Luke is a SMSF Specialist Advisor^TM

Envision 2CC offer:  Your first appointment is at our cost. Make an appointment to confidentially discuss your financial situation and  financial goals.

Luke will return to talk about financial planning on 2CC Talking Canberra next Friday from 4.30pm. Tune into listen live or visit our website again to catch up on the podcast. You can also check out our YouTube Channel at Envision Financial Canberra.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 14 September 2018.

Luke and Richard talk  frankly about fees and charges within super funds.

Topics covered include:

• What fees you might expect to see on your statement.
• The difference between an administration fee and an asset-based fee.
• What an internal cost radio (ICR) is, and why it’s useful to understand You may be paying for something you don’t need.
• The benefits of taking a deep dive into your super. You might save 1% in fees each year, and that’s before you consider performance. That can really add up over your working life.
• Seek advice on super and investments so you make the most of your options – it pays to plan and take advantage of the right information and seek professional help to compare fees and investment options.

Listen to the Podcast right now

What fees are you paying? Are they reasonable? How much might you be losing?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer.  Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and  financial goals.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 7 September 2018.

Luke and Richard talk about Asset Allocation and Risk Profile.

Topics covered include:

• What is your asset allocation?
• What is your risk profile?
• How are they related?
• The benefits of understanding what your current super asset allocation is.
• Seek advice on super and investments so you make the most of your options – it pays to plan and take advantage of the right information.

Listen to the Podcast right now

How much risk are you prepared to take? How many slices should be in your super pie?

If you need financial advice, make an appointment to meet Luke at Envision Financial Services on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and  financial goals.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 31 August 2018.

Luke and Richard talk about Superannuation strategies and in particular, Super Splitting.

Topics covered include:

• What is Super splitting?
• Why would you super split?
  Reasons can include having the ability to retire from work sooner, paying your spouses insurance from super not your take home pay and paying off debt sooner once the eldest partner reaches their super access age.
• How do you do it?
• Not all funds offer super splitting, so check if your fund does.
• Seek advice before you super split so you make the most of your options – it pays to plan and take advantage of the right information.

Listen to the Podcast right now

Just like the banana split of the 70’s, super splitting can  be a very sweet retirement strategy.

f you need financial advice, make an appointment to meet Luke at Envision Financial Services on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and  financial goals.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 17 August 2018.

Luke and Richard talk about trusts and why you would use a trust in your financial planning.

Topics covered include:

• What is a discretionary family trust?
• Different kinds of trusts available
• Capital gains tax, income tax and asset protection benefits
• The importance of setting up family trusts correctly, and
• Seek advice before you set up a trust so you make the most of your options – it pays to plan.

Listen to the Podcast right now

If you need advice, contact Luke on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 10 August 2018.

Luke and Richard talk about how to turn your super into an income stream with an account based pension.

Topics covered include:

• What an account based pension is? (formerly called an allocated pension)
• How old you have to be to retire and what retirement actually means
• The benefits of account based pensions – like tax free earnings and no capital gains tax
• Be aware of the rules around retirement, and
• Seek advice before you retire so you make the most of your options – it pays to plan.

Listen to the Podcast right now

If you need advice, contact Luke on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.

Luke Smith joined Richard Perno on Radio Station 2CC Talking Canberra 1206AM.
The Money Show aired on Friday 20 July 2018.

The topic was Comparing Insurance and the issues covered include:

• The different types of personal insurances – Life cover, Total Permanent Disablement, Trauma cover, Income protection cover
• Some insurance might be in your superannuation, but it’s not compulsory for super funds to find it
• The importance of understanding why you need cover, at different life stages
• Key issues to think about when comparing insurance – policy wording is key

Listen to the Podcast right now

If you need advice, contact Luke on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.

If you missed the discussion click here to listen to the podcast now.

Luke and Richard talk about the PSS Super in detail. The PSS is closed to new members but there are good opportunities for holders of this fund if they know how to make the best use of it.

The acronym of the week is TBC – Transfer Balance Cap. It’s new superannuation legislation that came into effect on 1 July 2017 and effects all super account holders including PSS members (both working and retired). The transfer balance cap is a limit on how much of your super you can transfer from your accumulation super account(s) to tax-free ‘retirement phase’ account(s) to receive your pension income. No one likes paying more tax than they need to so it’s important to investigate your options.

Find out more by listening to the podcast now.

Contact Luke on 02 6260 4749 or use our contact us form to make an appointment for a confidential discussion about your situation.

Luke will be back on 2CC Friday 16 March – 2CC 1206AM, at 4.30pm.

Envision 2CC offer – Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.

If you missed the discussion click here to listen to the podcast now.

Luke and Chris talk about transition to retirement changes,  the benefits of pensions from superannuation funds in retirement (including tax free earnings). The acronym of the week was EPS.  Envision is also offering a free financial health check for new clients – simply hit the contact us form and ask for your free online financial health check coupon. You’ll be able to go online and answer some questions. A report will be delivered to you at no cost. We can then meet to talk about your opportunities.

Luke and Chris will be back on air together on Friday 19 January – 2CC 1206AM, at 4.30pm. Of course, if you’d like financial advice, call us on 02 6260 4749 or use our  contact us form.

Your first appointment is at our cost, so make an appointment to confidentially discuss your financial situation and retirement goals.

We wish everyone in our community a very Happy New Year!

If you missed the show click here to listen to the podcast.

Luke and Chris talk about Self Managed Super, the new opportunity to get a tax deduction on your super contributions – even if you’re an employee and Christmas spending. Envision is also offering a free financial health check for new clients – simply hit the contact us form and ask for your free online financial health check coupon. You’ll be able to go online and answer some questions, and a report will be delivered to you at no cost. We can then meet to talk about your opportunities and how to implement them next year.

The show will return Friday 5th January 2018 on 2CC 1206AM, at 4.30pm. Of course, if you’d like financial advice, contact us. Your first appointment is free.

We wish everyone in our community a very Merry Christmas. If you’re on the roads please stay safe. Our office re-opens on Monday 8th January 2018.

If you missed the show click here to listen to the podcast.

Luke and Chris spoke about Income and Retirement and the Acronym of the Week – ‘ICR’ – Investment Cost Ratio  – it’s something we think about when we construct client investment portfolios.

To catch the next show, on Friday 22 December 2017 on 2CC 1206AM, at 4.30pm.

The segment will cover financial planning matters and listeners will have the opportunity to phone in and ask a question during the show. If you’d like financial advice, contact us.

If you missed the first show, click here to listen now.

The segment will cover financial planning matters and listeners will have the opportunity to phone in and ask a question during the show. Envision Financial Services invites you to listen in.

“I’m looking forward to talking about money on 2CC with Chris Coleman” says Luke. “Being new to radio, it’s going to be a new adventure for me. I am sure we’ll get to talk about some important money topics that really matter to people.”

If you miss the show there will be an opportunity to catch up online. Recordings of the show will be posted to the Envision Financial Services website. Just check out the blog or Envision Facebook Page a day or two after the show. If you’d like financial advice, contact us.