Estate planning is not one of the more pleasant things to think about, but it can be comforting to know where your Self-Managed Superannuation Fund (SMSF) is going to go when you die. It can also be comforting to know that taxes won’t consume a large portion of their inheritance. Here are some of the…
Do you want to do your own financial planning? We don’t provide individual advice online or on this blog, but we can provide you with some questions to ask yourself if you are thinking about doing your own financial planning. Do You Understand Finance? At Approved Financial Planners, we are licensed through AMP Financial Planning…
Total and permanent disability insurance is designed to help protect individuals and businesses from the severe consequences of a permanent disability that makes someone unable to ever return to work. While most people are aware of its personal use and coverage, many are unaware that TPD can also be used to protect their business in…
Most people who apply for life insurance in our Perth office are approved, but sometimes an insurance company will reject or deny life insurance. There are many reasons that people are denied, but it doesn’t always mean you are out of options. Here are some strategies that you can adopt if you are denied life…
Do you know about key person insurance? It is a form of business insurance that protects your business if you lose a person who is essential to your operation. Here are some situations in which you may strongly consider key person insurance. Employee Who is Difficult to Replace If a restaurant loses a dishwasher, it…
One of the many services our financial planners provide to our clientele in the Perth area is planning an education for their children. We know that everyone wants to provide for their children and an education is at the top of the list for a lot of parents. According to the Financial Planning Association of…
Total and permanent disablement insurance, or TPD, is a form of disability insurance that pays you a lump sum payment in the case that you are never able to work again due to disability. TPD can help ensure that your needs and your family’s are covered if you become permanently unable to work. (1) Sadly,…
Income protection insurance can be an important part of your wealth protection program. At Approved Financial Planners, we offer income protection insurance from AMP Capital, which is our parent company. How Does Income Protection Insurance Work? So, what is income protection insurance? It protects your family and your lifestyle if you are unable to go…
Are you an active person looking for life insurance who lives in the Perth area? Are you wondering why your premiums are so high? Here are some high-risk activities that may be raising your life insurance, courtesy of a US not for profit organisation called “Life Happens.”* Cliff Diving This is diving off of a…
When our financial planning professionals talk to people in our Perth office, we occasionally talk to people who have the opinion that “financial planning is only for rich people.” At Approved Financial Planners, we have the backing of our parent company, AMP Capital. Here is what they have to say about how financial advice can…
