Life Insurance and Income Protection for Bank, Insurance and Telco Corporate Staff
Income Protection for Bank, Insurance and Telco Corporate Staff and Their Families
Your duties, salary and any bonus, staff rates and cover through work or super shape your options. We’ll help you compare and apply for cover, review any cover you hold and lodge claims.
Financial Advice for Life Insurance and Income Protection
Who We Help
- Corporate staff at a bank paid a regular salary
- Corporate staff at an insurer with cover questions of their own
- Corporate staff at a telco in project or customer strategy teams
- Team leaders managing people in large employers
- Finance and risk specialists weighing up cover for themselves
- Project and change staff working on restructures and new systems
- Claims managers and underwriters thinking about their own cover
- Staff on a bonus with pay that can vary from year to year
- Staff facing a consultation about their role changing
- Staff moving employer or leaving with cover through work
We Can Help You
- List your cover through work, in super and in your own name, so you can see what you hold
- Read a staff policy, if you hold one, like other cover, including its terms on leaving
- Describe your duties as they are on a cover application, including travel or people leadership
- Find out from each insurer how a bonus sits beside salary for income protection
- Start from your base salary and household budget when sizing the income protection you’d want
- Go through the cover in each super fund, and the occupation on its file
- Look at your cover before a role ends, with questions for your employer or fund
- Explain what income protection does and doesn’t do if you lose your job
- Talk through cover if a restructure, a new role or a move changes your work
- Lodge a claim with you, whoever you work for, with the insurer or fund assessing it
What we advise on
How Each Cover Works Around a Corporate Role
Income Protection
Time away from work through illness or injury: what could help with the bills?
Part of your income can come from income protection after a waiting period, subject to the policy’s definitions and exclusions.
Together, we’ll compare income protection from a wide range of insurers, around your duties and pay.
Income protection can pay a share of pre-tax income if you can’t work, usually based on earnings in the 12 months before. Each policy has its own definition of disability and most offer a waiting period between 14 days and two years, and exclusions can apply, including to occupations or activities. An insurer usually looks at your job and duties when you apply, and this can affect whether cover is offered, the benefit periods and the amount. The insurer decides.
What we look at with you on income protection:
- Your corporate duties, including any travel or people leadership, set out plainly for an application
- Salary and any bonus, with each insurer asked how it works out income from your last 12 months of earnings
- Leave you’ve built up at work, and how long a policy could wait before paying, weighed together
- The income you’d want replaced, worked out from a household budget that starts with base salary, not your strongest bonus year
- A role ending, with what cover would and wouldn’t do for you explained, as it’s generally for illness or injury
- Each policy’s definition of disability, read with you before you apply, as the wording differs between policies
- Part-time hours when you come back to a corporate role, and the partial benefit some policies pay if you earn less and meet their definition
- Inside or outside super: where you’d hold a policy on a corporate salary, with an accountant on the tax
Life Insurance
Is anyone relying on what your salary pays for?
Life cover can pay a lump sum to your beneficiaries, subject to its terms, for debts and everyday costs.
We’ll work out a life cover amount with you from what you owe and who relies on your salary.
Moneysmart notes life cover can help if you have large debts or a mortgage, and a lump sum can be paid to your beneficiaries if you pass away. Insurers usually ask your age and job when you apply. With no beneficiary named, your estate or the super trustee may decide where the money goes.
What we weigh up with you on life cover:
- A home loan, if you have one, added to the amount your household would need to clear or keep paying
- A staff loan, if you hold one, counted in your life cover amount at what you owe rather than the rate you pay
- Totals across your super accounts and any group amount from your employer, before deciding on more life cover
- Beneficiaries for a super payout or policy benefit, named in a way each fund’s trustee can act on
- Group life and TPD through work or super, where one payout may shrink what’s left of the other
- A household with two incomes, if that’s you, and how each person’s cover could read if one stopped
- Children’s costs, if you have children, added for the years they’d rely on your income
- Cover outside work weighed against a group amount, and how much of the total rests on staying with one employer
TPD Insurance
What would your plans need if you could never work again?
TPD cover can pay a lump sum, as the policy defines it, towards debts and plans.
We can explain how TPD definitions could read a corporate career, from your training to your experience.
An any occupation definition looks at any job suited to your education, training or experience, while an own occupation definition looks at your usual job. Own occupation cover is usually only available outside super, and some definitions look at everyday activities instead of work. A TPD payment may also reduce life cover held with it.
What we compare with you on TPD:
- Own occupation cover, and whether it’s open to someone in your corporate role, looked at outside super
- How years of analysis, compliance or management work may come into a definition that looks at your experience
- Each fund’s TPD wording, read one fund at a time, as definitions can differ
- A corporate title in your fund’s records, set beside what your role involves today
- Clearing a home loan, if you have one, as one use for a lump sum alongside ongoing household costs
- Some policies’ daily living wording, compared with the definition your fund uses
- Two separate sums: income while you’re off for a while, and a lump sum if you could never return
- TPD through your employer, if you have it, and what may change if you leave
Trauma Insurance
After a serious diagnosis, what could help with treatment costs and time off?
Trauma cover can pay a lump sum for a listed condition, if it meets the policy’s definition and isn’t excluded.
We can read a trauma policy’s list of conditions with you, and how a lump sum could sit beside income protection.
Trauma cover can pay a lump sum on diagnosis of a condition the policy lists and defines. Moneysmart notes that medical definitions can be different between insurers. New trauma cover can’t be held inside super, which has been the rule for policies written since 1 July 2014.
What we read with you in a trauma policy:
- Listed conditions and their definitions, read one at a time beside the wording of a policy you hold, if you have one
- Partial payouts, and whether a policy offers one for a condition at an early stage
- A new trauma policy’s cost in the household budget, paid from your salary or savings rather than from your super
- Weeks away from a corporate role for treatment, and what a lump sum could pay for on top of any paid leave
- Repayments on a home loan, if you have one, and where a lump sum could help during treatment
- Definitions in cover bought earlier in your career, if you hold it, read before you replace anything
- One policy holding trauma and life, and what a trauma claim might leave on the life amount
- Asking an accountant about tax on a trauma payout, so your plans rest on a clear figure
Cover in Super
Does the cover in your super still suit your corporate role?
Reading each fund can show what cover it holds, what it costs and what could change.
We’ll list each fund’s cover with you and look through it before anything moves.
If you stay with the same super fund as you move between jobs, any insurance you have there will usually stay with that fund. If you move your super, you may lose any insurance that comes with your account. Default cover through super is for a set amount, so it might not match your needs.
What we check in each fund with you:
- A staff plan or fund joined when you started with a large employer, and the cover it holds today
- Asking a fund what happens to your cover before you leave your job or move your super
- Corporate job changes that a fund’s records may not show, and the question to ask the fund about them
- Your next corporate role, and keeping or changing the fund you hold when that employer starts contributing
- A home loan or family costs that outgrow a fund’s automatic level, and the underwriting that usually comes with asking for more
- Default cover for a set amount, set beside your debts and the income you’d want replaced
- Insurance costs across several super balances, added up fund by fund, so you can see the total
- Funds from earlier employers, and reading each one’s insurance before you combine them
Cover Through Work and Staff Rates
Which parts of your cover and staff rates depend on your job?
Knowing what depends on your job can show whether you’d want anything in your own name.
We can separate cover through work from cover in your own name with you, then read any staff terms.
Terms on cover through work and on staff rates are set by your employer or the insurer, so they’re the ones to ask what applies to you and what happens if you leave. A staff application is still an application, and the insurer assessing it decides. We look at your cover as a whole, whoever you work for.
What we go through with you:
- Cover your employer provides, if any, and asking who holds it, how much it is and what it covers
- Who owns each policy: you, your employer or a fund, and what that could mean if your job changes
- A staff rate on a policy, if you have one, with the insurer or your employer asked about its terms
- If you work for an insurer, how a staff application is handled, which your employer or the insurer can explain
- A staff policy’s price set beside its full price, and what your budget would need at that price
- Cover you already hold, read before you change it, as its policy wording sets when terms can change
- Cover in your own name weighed beside cover through work, and how far each depends on your job
- Applications for new cover, with the insurer assessing your health details and duties and deciding each one
Restructures and Moving Roles
Before a role changes, what could you check in your cover?
Checking ahead can show what you hold, what may change and what to ask.
Together, we’ll look through your cover before a restructure or a move changes your role.
Income protection is generally for illness or injury rather than losing a job. Any cover that comes through your employer may not continue once you leave, so it’s worth asking your employer or fund before your last day. Insurers usually ask about your job when you apply, so a new job description or a break between roles is worth raising with us.
What we look at with you before the change:
- What cover could and couldn’t do if a role ends, as income protection looks at illness or injury
- The questions to ask your employer or fund about your cover before your last day
- Continuing cover after you leave, if your employer or fund offers a way, and the limits on it
- A changing job description, and how the new duties would read on a new application
- A new employer’s cover, if there is some, and how it compares with what you hold now
- A break between roles, and what an insurer may ask about your work if you apply then
- Other payments while you can’t work, which a policy may count against its benefit
- Cover in your own name looked at while you’re employed, with the insurer deciding any application
When to Review Your Cover
As your work or life at home changes, how well does your cover still fit?
A change at work or home can be a good time to read your cover again.
We can go through what you hold with you, if anything, beside your role and your life at home.
A corporate role can change through a promotion, a restructure, a merger or a move to another employer. Default cover through super is for a set amount, so it might not match your needs. A change at work or home is a good reason to book a conversation, and we can read a policy or fund statement with you. The insurer decides on any new application.
Situations worth raising with us in a conversation:
- Promotion into people leadership, and how your fund or policy papers describe your work
- Team changes or a redesigned job, and the new duties in your own words
- A merger that changes who employs you, and what to ask about group cover if you have it
- Any group cover on your final day at work, and what to ask so you know what carries on
- Bonus pay making up more of your earnings, and the question to put to an insurer about counting it
- A staff rate changing, if you hold one, and reading the policy at its new price
- A new mortgage, a new baby or a relationship ending, and the life and TPD sums you’d choose now
- Premiums that generally rise as you get older, and whether the cover you hold still suits your budget
Making a Claim
Who could help with the forms and follow-up if you ever need to claim?
Help with the paperwork can take some of the load while the insurer or fund assesses a claim.
Together, we’ll lodge a claim and follow each step while the insurer or fund assesses it.
If you claim, Moneysmart says to contact whoever you bought the cover through first, and your employer for cover through an employment arrangement. At claim, an insurer can ask about your work duties, including physical requirements, the hours you work each week and your pay records. The insurer, or the fund for cover in super, assesses the claim, and a complaint goes first to the insurer or fund, then to AFCA.
How we help with a claim:
- Whether HR, a fund or the insurer named on your papers is the first call for each piece of cover
- A plain account of your corporate role: desk duties, people you manage, usual hours and time spent travelling
- Payslips, tax returns and bonus records, whichever an insurer asks for to work out your earnings
- Medical reports an insurer may request, and the description of your corporate work your treating doctor may need
- Employer pay during time off, and how a policy’s terms treat what you still receive
- A part-time return to your role during a claim, and the terms some policies set for it
- A claim after your job has changed or ended, and the records that show your earnings and duties before that
- Asking for a decision to be looked at again, then taking a complaint to AFCA if it’s unresolved
Health Conditions & Illnesses
Could a health condition change the cover an insurer offers you?
Our guides explain what insurers may ask about common conditions, and a health condition doesn’t necessarily rule out cover.
We can help you prepare an application when you have a health condition or a past illness.
Underwriting is how an insurer assesses an application and decides whether to offer cover, on what terms and at what price. Possible outcomes include standard terms, a higher premium, an exclusion, a request to apply again later, or a decline.
Guides by health condition:
- Cover with a health condition: where to start
- Autoimmune conditions
- Back or joint conditions
- Blood conditions
- Cancer history
- Diabetes
- Digestive conditions
- Eye or hearing conditions
- Heart conditions
- HIV or hepatitis
- Kidney conditions
- Mental health conditions
- Neurological conditions
- Respiratory or sleep conditions
- Weight, smoking or alcohol history
- Women’s health conditions
Your work and your cover
How Your Work Shapes Your Cover
What We’d Look At Together
- Your role and duties: Insurers usually ask about your job when you apply, and one corporate title can cover very different work. It helps to set out your duties, any travel and any people leadership as they are.
- Base salary and any bonus: Income protection usually works from your earnings in the 12 months before an illness or injury. How a bonus is counted is a question to ask each insurer.
- Cover through your employer: If your employer provides cover, your employer or fund can tell you who holds it and what it pays, and what may change if you leave.
- Cover in your super: Moneysmart suggests checking what cover you have through your super fund, then comparing it with cover outside super.
- Any staff rate: A staff rate’s terms are set by your employer or the insurer, so they’re the ones to ask. It also helps to look at a policy at its full price.
- A restructure or role change: Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do. If your duties change, it’s worth setting out the new ones on any new application.
- Time between roles: Moneysmart notes some policies might only cover you if you work a minimum number of hours, so the wording of a policy you hold is worth reading before a break between roles.
- Back at work part-time: Some policies pay a partial benefit when you’re back at work and earning less, if you meet the policy’s definition. Other payments may reduce a benefit.
This list isn’t complete, and nothing on it decides anything on its own. We start by learning about your situation, and any decision on cover is the insurer’s.
Your options
Why Work With a Financial Adviser for Your Personal Insurance?
| A Ryker financial adviser | Directly from an insurer | An online broker or comparison site | |
|---|---|---|---|
| Type of advice | Personal advice Personal adviceAdvice tailored to you. Like most financial advice, it’s given under an Australian financial services licence.Personal, not general. General advice is a recommendation or opinion that doesn’t consider your circumstances. Personal advice is tailored to your objectives, financial situation and needs.In your best interests. When we give you personal advice, the law requires us to act in your best interests.In writing. You’ll usually receive a Statement of Advice that explains the strategies and cover recommended to you, and why.On the public register. Financial advisers who give personal advice on life insurance, super and investments must be on ASIC’s Financial Advisers Register. See our financial advisers on the register:Ray RegmiRicky (Rajiv) RegmiJack OinezaDean DesoukeyRyker’s financial advisers are authorised representatives of Synchron Advice Pty Ltd, AFSL 243313. | Usually general advice | Usually general advice |
| Advice that considers your health, family, work and goals | Yes, as part of your advice | Not with general advice | Not with general advice |
| Choice of insurers | A wide range | That insurer’s policies only | A panel of insurers, side by side |
| Help preparing your application | Yes, alongside you | The insurer’s own process | Varies |
| Advice on holding cover inside or outside super | Part of your advice | Not with general advice | Not with general advice |
| Support if you need to claim | Yes, we’re in your corner | The insurer’s claims team | Varies |
| Cost of advice | No cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first. Choose: | No separate advice fee | No separate advice fee |
Type of advice
- Ryker financial adviser
- Personal advice Personal adviceAdvice tailored to you. Like most financial advice, it’s given under an Australian financial services licence.Personal, not general. General advice is a recommendation or opinion that doesn’t consider your circumstances. Personal advice is tailored to your objectives, financial situation and needs.In your best interests. When we give you personal advice, the law requires us to act in your best interests.In writing. You’ll usually receive a Statement of Advice that explains the strategies and cover recommended to you, and why.On the public register. Financial advisers who give personal advice on life insurance, super and investments must be on ASIC’s Financial Advisers Register. See our financial advisers on the register:Ray RegmiRicky (Rajiv) RegmiJack OinezaDean DesoukeyRyker’s financial advisers are authorised representatives of Synchron Advice Pty Ltd, AFSL 243313.
- Direct from an insurer
- Usually general advice
- Online broker or comparison site
- Usually general advice
Advice that considers your health, family, work and goals
- Ryker financial adviser
- Yes, as part of your advice
- Direct from an insurer
- Not with general advice
- Online broker or comparison site
- Not with general advice
Choice of insurers
- Ryker financial adviser
- A wide range
- Direct from an insurer
- That insurer’s policies only
- Online broker or comparison site
- A panel of insurers, side by side
Help preparing your application
- Ryker financial adviser
- Yes, alongside you
- Direct from an insurer
- The insurer’s own process
- Online broker or comparison site
- Varies
Advice on holding cover inside or outside super
- Ryker financial adviser
- Part of your advice
- Direct from an insurer
- Not with general advice
- Online broker or comparison site
- Not with general advice
Support if you need to claim
- Ryker financial adviser
- Yes, we’re in your corner
- Direct from an insurer
- The insurer’s claims team
- Online broker or comparison site
- Varies
Cost of advice
- Ryker financial adviser
- No cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first. Choose:
- Direct from an insurer
- No separate advice fee
- Online broker or comparison site
- No separate advice fee
Your Cover for a Corporate Role, Worked Through Together
Cover Through Work Listed
Cover through work, in super and in your own name, set out with you in one place.
Staff Policies Read Like Any Other
A staff policy, if you hold one, read with you for what it pays, costs and excludes.
Base and Bonus Laid Out
Your salary and any bonus set out, with each insurer asked how it counts them.
Each Fund’s Cover Read
What each super fund holds for you and the occupation it records, read with you before anything changes.
Cover Looked at Before a Role Ends
The cover you hold and the questions for your employer or fund, gone through before your last day.
Own Name Cover Compared
Cover in your own name compared with you from a wide range of insurers, with the insurer deciding any application.
Job Loss Limits Understood
What income protection would and wouldn’t do if a role ends, explained with you in plain language.
A Claim Lodged With You
Your duties, weekly hours and pay records gathered with you while the insurer or fund assesses a claim.
This has really changed our lives
Ray and his team has been incredible, they look after my entire family including my brother in law. Over the years he has helped us with investments, tax and other advice. This has really changed our lives.
Read moreDean Desoukey is changing lives!!
From the very beginning he was warm, patient, incredibly knowledgeable, and genuinely cared about helping us make the right decisions for our future. The positive impact they've had on our family financially and the peace of mind he's given us has been huge.
Read moreI felt heard, understood, and respected
I can't speak highly enough of the service I received from Dean Desoukey. Financial conversations can often feel overwhelming, but he created a space where I felt heard, understood, and respected. He took the time to really listen, explained things clearly, and never rushed me through decisions.
Read moreKnowledgeable, patient and caring
I cannot recommend Ray highly enough. He is an exceptional financial adviser: knowledgeable, patient and caring. From the very beginning, he took the time to truly understand my goals and helped me to create a clear structured financial plan. I never feel rushed or pressured.
Read moreThank you Ray for protecting me and my family
Ray has been my trusted financial adviser for over 12 years. He is highly knowledgeable and passionate about making sure his customers have the right insurance to secure them and their family. I was recently sick and Ray was there right away when needed most.
Read moreHe went above and beyond
I recently dealt with Ricky Regmi at Ryker Capital, and I couldn't be more satisfied with the service I received. Ricky was incredibly patient and supportive throughout the entire insurance process. He went above and beyond, coordinating with my accountant and doctor to ensure everything was in order.
Read moreIt never feels transactional
We've been working with Jack for the past two years, and it's been an incredibly positive experience. He takes the time to build genuine relationships and really gets to know his clients beyond just the numbers. It never feels transactional; it feels like he truly cares about our wellbeing.
Read moreImmensely professional and diligent
Ray has been immensely professional and diligent in my most recent SMSF restructure and insurance review. He not only tweaked it to make it work more for me and my future goals but recommended future strategies to help build my wealth. Cannot recommend him enough.
Read moreHolistic and Experienced Financial Advisers for Bank, Insurance and Telco Corporate Staff
Your work helps keep people’s money, cover and phones running, and a lot of people rely on it being done well. We’d like to start with you: what you enjoy about your work, who matters most to you and what you’re hoping for. Then we’ll help you build a plan that belongs to you, shaped by your own goals and the life you’d like to lead, at work and at home.
The years you put in can build something of your own at home. That might be a house that feels like yours, time with the people you love, travel you’ve been putting off or more choice about what you do next. Anyone who relies on you can be part of the plan too. Whatever you’re working towards, we can work through it with you, and our ongoing advice clients review their plan with us each year.
If illness or injury kept you from your corporate role, income protection can pay part of your income after a waiting period, subject to the policy’s definitions, exclusions and the insurer’s assessment. Personal cover can also include life, TPD and trauma cover, each with its own terms. We can advise on cover alone, without a full financial plan, explaining each one in plain language and comparing cover from a wide range of insurers with you. The insurer decides on any application.
Every financial decision impacts the next
Your Financial Life Is Connected
Great advice starts with understanding the bigger picture. Every stage of life presents new opportunities and challenges, from buying property and changing careers to growing your family, planning for retirement and protecting what matters most. At Ryker, we help connect every piece of your financial world into one clear strategy.
Learn more about Financial Planning and Advice for Bank, Insurance and Telco Corporate Staff
Your
Wealth
- Property & Investing
- Career & Income
- Tax Strategy
- Insurance & Protecting Your Family
- Super & SMSF
- Wealth & Investments
- Life Events & Changes
- Business & Wealth
- Legacy & Future Wealth
- Retirement Planning
Frequently Asked Questions
Ryker’s financial advisers are licensed to give personal advice under Synchron Advice’s Australian financial services licence (AFSL 243313). We start with you: your corporate role, your family, work, income, assets and goals. Then we recommend the types and amounts of cover that suit your life.
Corporate work can mean different duties, pay and cover through work, even with one employer. Each can affect how an insurer assesses an application and how a policy’s definitions read a claim, so your duties, salary, any bonus and any cover through work are what we look at.
With a financial adviser, you also have:
- Access to a wide range of insurers, who can assess the same health details differently
- Help preparing your application and answering the health questions with care
- Advice on whether to hold cover inside or outside super, and the trade-offs
- Annual reviews of your cover through ongoing advice, with your health, family and work in mind
- Someone in your corner if you ever need to claim
Going directly to an insurer can mean no separate advice fee, but you’ll only see that insurer’s policies, and you’ll generally receive general advice only, which doesn’t consider your personal circumstances.
Going through an online comparison site or broker, you may see more options side by side, but they also generally provide general advice only, which doesn’t consider your whole financial picture.
When we give you personal advice, the law requires us to act in your best interests, which we take personally. The insurer still decides whether to offer cover and on what terms.
We’re invested in your long-term success. What we do is personal, and we take it personally.
Your financial decisions connect, so we consider the parts of your financial life that are relevant to the advice you need:
- Property & Investing
- Career & Income
- Tax Strategy
- Insurance & Protecting Your Family
- Super & SMSF
- Wealth & Investments
- Life Events & Changes
- Business & Wealth
- Legacy & Future Wealth
- Retirement Planning
This is how we help you make decisions today with your longer-term goals in view.
Everybody’s situation is different, so we listen first, understand what matters to you and explain your options clearly before we make a recommendation.
Yes. Our financial advice and strategies can help you prepare before anything changes. That could mean mapping what depends on your employer, from pay and any bonus to staff shares, staff rates and cover through work, then working out how long your money would last. If you hold a staff rate, we can test your budget at a standard rate, and your lender or insurer can explain its terms.
Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do for you, and what may change with any cover if you leave. If your job does end, our redundancy advice can help with what comes next.
Yes. We can give you personal advice on your own situation, starting with your work, income, family and goals, and we follow the same process whoever you work for.
If your employer has staff rules on its own insurance, your employer can explain them. The insurer assessing an application decides on it, and we can go through the application with you, answering the questions asked with reasonable care.
The terms of your staff rate decide, so it’s worth asking the employer or insurer that offers it. Ask whether it continues or changes after you leave and whether any conditions apply.
It also helps to look at the policy at its full price, so you can see what your budget would need. We can read the terms with you and compare other cover you could apply for, and the insurer decides on any application.
Moneysmart says income protection usually bases the benefit on your annual earnings in the 12 months before your illness or injury. Whether a bonus counts, and how, depends on the policy and the insurer, so it’s a question to ask each one before you apply.
Keeping your payslips, bonus letters and tax returns can help if an insurer asks for pay records. We can set out your salary and any bonus with you, and the insurer decides on any application or claim.
It helps to start with where each piece of cover sits:
- Through your employer: ask your employer or fund what continues, as cover may not continue once you leave
- In your super: if you stay with the same fund as you move between jobs, any insurance you have there will usually stay with that fund
- In your own name: read the policy, and check your contact details and how premiums are paid once your pay stops
Income protection is generally for illness or injury rather than losing a job, so we can help you understand what it would and wouldn’t do for you, go through the answers with you and look at cover you could apply for.
Start with the amount you owe, as that’s what would still need repaying if you passed away or couldn’t work again. The rate affects your repayments, so it’s also worth checking your budget at a lender’s standard rate, and your lender can explain your staff rate’s terms.
Moneysmart notes life cover can help if you have large debts or a mortgage. We can work out amounts with you for the loan and your household costs together. If life and TPD are held together, a claim on one may reduce the other, and the insurer decides on any application.
A promotion into people leadership, a role redesign, a merger or a move to another employer can each be a good reason to book a conversation.
At home, buying a place, having a child or separating can be too. We can read a fund statement or policy with you beside the work you do now, and compare new cover you could apply for. The insurer decides on any application.
Our ongoing advice clients have an annual review with us.
Online quotes can show a price from one seller. They may not show how a bonus sits beside your salary, how a staff rate compares with a full price, or what cover you hold through work and in super.
Personal advice starts with those things. We look through your papers with you, then go through options from a wide range of insurers, and the decision on any application sits with the insurer.
Your accountant and financial adviser bring different expertise to the same decisions. Your accountant can advise on tax reporting, structures and consequences; we help you plan how cashflow, debt, super, investments and protection work towards your goals. We can coordinate before important decisions.
What an accountant does
- Prepares and lodges tax returns, BAS and financial statements
- Advises on tax structures such as companies, trusts and partnerships
- Manages bookkeeping, payroll and ATO compliance
- Provides tax advice on the consequences of a transaction
What a financial adviser does
- Sets a long term strategy across retirement, investing and cash flow
- Builds wealth from early in a working life, starting with cash flow, a first home and super
- Recommends specific super funds, investments and personal insurance
- Operates under an Australian Financial Services Licence, which is required to give personal advice on financial products
- Handles retirement planning, Centrelink and aged care strategy, and estate planning considerations
Professional roles and authorisations matter. We provide financial advice within our authorisations and work with your accountant for specialist tax advice and lodgements.
Where they work together
- Tax position. Your accountant confirms your marginal rate, deductions and carried forward losses, which shapes decisions on super contributions, investment structures and the timing of asset sales.
- Business and entity structures. Your accountant advises on the structure itself and your financial adviser works within it for investments, insurance and succession planning.
- Cash flow. Your accountant’s figures can help us understand what’s available for debt repayment, protection and longer-term goals.
- Before key decisions. We can coordinate with your accountant on contributions, asset sales and other material choices in time to consider relevant tax consequences.
We’re a national service, so you can meet with us by phone or video from anywhere in Australia. We also have offices in three cities:
- Sydney: offices in Sydney CBD, Parramatta, Seven Hills, Ingleburn and Narellan, servicing areas including the City of Sydney, Eastern Suburbs, Inner West, North Shore, Northern Beaches, Sutherland Shire, Blacktown, Liverpool, Campbelltown and all surrounding suburbs.
- Melbourne: our St Kilda Road office, servicing areas including the City of Melbourne, Port Phillip, Boroondara, Monash, Casey, Wyndham and all surrounding suburbs.
- Brisbane: our Eagle Street office, servicing areas including Brisbane City, Moreton Bay, Ipswich, Logan, the Gold Coast, the Sunshine Coast and all surrounding suburbs.
Yes. A first corporate role, a team to lead or a move between employers are all fine places to start.
There’s no cost for the initial conversation. Any advice after that is a paid service, with its scope and fee agreed with you in writing first.
It helps to bring recent payslips, your latest tax return, a statement from each super fund, any policy papers you have and details of any cover through work.
Reviews
Testimonials from Our Clients
Client Success Stories
A Property Sale Became a Full PlanEstimated long term financial benefitApprox $448,000
A Plan to Keep the Family HomeLife cover established$1.2 Million
Cover in Place and Fees LoweredImmediate value$1,055 a year
Super Fees More than HalvedProjected retirement uplift$416k
Income Covered for a New MortgageImmediate value$975 a year
A 13-Year Mortgage Paydown PlanPlanned mortgage paydown13 years
A First Home and Family CoveredImmediate value$1,346 a year
Age Pension Kept After an InheritanceProjected uplift at 90More than $642,000
Grow & Protect Your Wealth Today
Whatever’s on your mind, we’re here to help. You’ll speak with an authorised financial adviser who’ll listen first and get to know what matters to you.
Book An Initial Conversation