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 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 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 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.

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.

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.