Services

Superannuation

We help you find the appropriate superannuation vehicle to accommodate your lifestyle needs and make decisions in line with your risk profile. We will also help you understand what you’re investing your money in and how this relates to your tolerance for investment risk and how you can create strategies to maximise your returns. Our professionals will take you through the various types of contribution options like salary sacrifice, concessional/non-concessional caps and spouse contributions to help you regain control of your finances. We limit the use of industry jargon and communicate in plain and simple terms to help you move forward with confidence. Start paving the way to a successful and secure future with our superannuation experts!

Insurance

Personal insurance is all about putting the right safeguards in place to help you smoothly move past any hurdles that could put you through financial stress. Life doesn’t always go the way you plan, so it’s important to explore all the different avenues to maximise your financial security long-term. This involves comprehensive risk assessment and planning which helps you understand your “what if scenarios” in the event of death, disablement or major health issues. Whether it’s recommendations on life, lump sum disability, income protection or trauma insurance, we work collaboratively with clients to ensure they have the appropriately structured insurance solutions. Get the peace of mind you deserve and give your family financial security.

Business Insurance

Business insurance will drastically reduce your exposure to risk, but there’s no one-size-fits-all solution. We help you understand the different types of insurance to fit with your specific industry trade and type of business. BCFR Financial Services will cover the details for options like succession planning, buy/sell agreements, and a range of other measures that can be taken to avoid legal liability or interruptions to your business operations. The worst thing you can do for you and your staff is be unprepared, so seek out help from the professionals  to protect and secure the financial future of your business today.

Retirement Planning

The earlier you start planning for your retirement, the more you can save and generate. BCFR Financial Services will work closely with you to identify the most suitable pathways to open up future opportunities, without compromising your current lifestyle. We advise you on superannuation and other investment vehicles, Centrelink entitlements and ways to minimise your tax. Our goal is to ensure that you can move through life knowing you’re set up to live a comfortable and secure retirement. We create your strategy in line with your retirement lifestyle. It’s about identifying where you’re retiring from, not just where you’re retiring ‘to’. Start working towards your vision by safeguarding and building your savings!

Self-managed Superannuation Funds (SMSF)

A self-managed super fund (SMSF) is a private fund that is independently managed by you under regulations of the Australian Tax Office. While the rules are comparable to ordinary super funds, the individual is solely responsible for creating the investment strategy, budgeting for ongoing expenses, conducting annual audits and keeping comprehensive records of all the information. BCFR Financial Services will help you set up your SMSF and educate you on the legal obligations to make sure you’re fully prepared to take control. We can also help you roll over your existing super or devise a plan for when your SMSF ends. You’ll also have to engage with accountants throughout the process, so our team will work closely with you and make the appropriate referrals if services overlap.

Estate Planning

Estate planning is obtaining peace of mind by securing the arrangements of your estate after death. This process involves selecting your beneficiaries and specifying who will have ownership or control over your assets. Seeking help from our professionals during this process will ensure that all aspects have been accounted for. Structures you have in place like family trusts, superannuation, and tax implications need to be considered. Formally declaring your plans will ensure that if the beneficiary is involved in any legal difficulties (like bankruptcy or divorce), your assets are protected. It will also the reduce the tax payable on the income and capital gains earned on assets. Passing away without setting this information in stone will result in an intestate death, whereby assets may not be distributed according to your wishes or in a timely manner. We can also refer you to a number of credible solicitors to help you finalise this process.