Responsiveness We recognise that financial growth can only be achieved through mutual values and understanding. That’s what makes us flexible enough to respond to the needs of the client whilst offering comprehensive assistance to your financial queries.
Reliability We understand the time pressures facing your business. That’s why we strive to provide up-to-date, accurate and timely service solutions to your financial growth issues as a crucial element of our firm culture.
Aptitude For a business to grow, it is of utmost importance to be at the forefront of industry trends. Therefore, as a firm we continually familiarise ourselves with our surrounding business environment in order to maintain a lead in accounting initiatives and services.
SMSFs provide the trustee autonomy and an increased opportunity to maximise your retirement savings. However, an investment strategy must be accompanied by a risk management plan should some of your investments come up short.
Consider the following risk management strategies:
Diversification Diversification reduces risk by investing in many different assets including property, annuities and equities. By spreading your earnings across several investments you minimise the risks to your retirement nest egg that can occur if one investment suffers a loss or a disappointing return. Organise your target returns according to your asset class and establish the accepted variation range from this target. This allows you to track your investment portfolio and whether it is setting you on the right financial path.
Liquidity If you tie up your money in assets like property, then you may run short on cash. It is important that you have cash to cover the costs of running your SMSF and in the case of a member’s total and permanent disablement. If you’re also forced to sell an asset to get this cash the market conditions may not be ideal, and you could receive a disappointing return because you need cash in a rush.
