Pacific Wealth Solutions is a Wealth Management & Financial Planning business and is integrated with our Finance Broking partner Pacific Finance Australia.
Through our financial services hub and integration of multiple businesses we strive to meet all of your financial services needs within the one location.
Pacific Wealth Solutions focuses on Wealth Management through direct and transparent investments, Financial Planning and Life Insurance.
Although your plans may change over time, it’s important to identify your immediate priorities, your ideal lifestyle and retirement goals and develop a financial plan to assist in achieving them.
Keeping abreast of changing legislation, making the most of the opportunities available to you, and structuring your finances is fundamental to achieving your lifestyle and financial objectives.
There are also a number of issues that may impact you upon reaching retirement. By proactively addressing them and planning in advance, you will ensure that you create the ideal financial situation for tomorrow and beyond.
Our goal is to provide you with the best alternative for you to make the right decisions now and for your family’s future.
We are often asked the question – “Who much money do I need in retirement?”
There are ways to stretch your retirement income and things you can do to make your money last as long as possible.
Get advice as early as you can
Not everyone has the same level of financial knowledge. Financial advice can help with investment strategies and by navigating our complex tax system to your benefit. Financial Advisers can help you with different investment strategies, the level of risk involved and the potential returns you can expect, maximizing your retirement savings.
Take advantage of your entitlements
Even if you don’t get the age pension, you may be eligible for other benefits, such as travel concessions, cheaper medicines and reduced council and water rates. The Seniors Card will also give you discounts on travel and some retail services.
Transition to Retirement – Keep on working
By continuing to work, you can leave your savings untouched for longer. Transition to retirement allows you to receive a pension from your super fund, continue working and make contributions. These government incentives encourage people to work past the pension age through a transition to retirement pension. There are current minimum and maximum pension requirements in transitioning which you need to be aware of and you should seek advice from your Adviser.
Diversify your investments
With many retirees living up to 90 and beyond, it’s a good idea to invest at least some of your money in assets that will grow over time, like shares and property. This will help ensure your capital will grow in value to keep pace with inflation and your income needs. Spread your investments to avoid financial heartache in the future.
A comprehensive investment strategy and strong asset allocation can assist with maximising the benefits and minimizing the risk across your portfolio as part of achieving your individual goals and objectives.
Supported by our dedicated research and investment team, we focus on communicating market developments and investment opportunities to our clients in a timely manner.
Our Investment Advice benefits you by:
Providing options available to grow your asset base and position you to achieve your ‘best’ possible retirement income.
Increasing your knowledge of how much income your retirement capital will provide.
Building a ‘transparent’ investment portfolio individually tailored for you providing ongoing advice, research, reporting and portfolio management.
Cost competitiveness by ‘cutting out’ unnecessary duplication – you speak directly with the people managing your money.
Superannuation is a way to save for your retirement. The money comes from compulsory contributions made into your super fund by your employer and, where possible, topped up by your own money through contributions know as concessional and non-concessional contributions. Co-contributions and the low income super contribution can also be made by the government in certain circumstances.
Superannuation is a lifetime investment that has many benefits and the importance of superannuation can sometimes be misplaced due to the longer term nature of this investment. With compulsory superannuation contributions through your employer also know as Super Guarantee (SG) and the addition of personal contributions adding up over time “accumulate” you have the possibility of growing a large investment for your retirement.
At Pacific Wealth Solutions we take a long term and Large Cap approach with all of your investments. All investments are held in your name and invested in line with your risk profile and subsequent Asset Allocation.
Imagine what your family’s life would be like if you or your partner died or became seriously ill and couldn’t work. Would you be able to survive financially?
It is a good idea to review your life insurance regularly, especially if something has changed in your life, for example, if you have taken out a home loan, are having kids or starting a business.
Insurance can provide the money that you or your family need in critical times. It may not take away the pain of losing a job or a loved one, but it will ease the added pain of financial problems.
Also known as term life insurance or death cover, pays a set amount of money when the insured person dies. The money will go to the people you nominate as beneficiaries on your policy.
Permanent Disability Insurance
Covers the costs of rehabilitation, debt repayments and the future cost of living if you are totally and permanently disabled. TPD cover is often bundled together with life cover.
Replaces the income lost through your inability to work due to injury or sickness.
Provides cover if you are diagnosed with a specified illness or injury. These policies include the major illnesses or injuries that will make a significant impact on a person’s life, such as cancer or a stroke. It is also referred to as ‘critical illness’ cover or ‘recovery’ insurance.
Pacific Finance is a West Australian company based in West Perth. Our expertise in lending, combined with our understanding of the finance markets and knowledge of the Western Australian conditions means that we can offer you excellent lending options to suit your personal circumstances. We employ lending professionals who have years of experience in many areas of funding. They will find you the best deal for financing a range of assets; from Plant & Equipment, Commercial & Property, Home Loans, Car Finance and Boat Loans.
Pacific Wealth Solutions is a Western Australian company based in West Perth. Our expertise in Wealth management, Financial Planning and Life Insurance, combined with our understanding of the stock market means that we can offer you excellent direct investment advice for your superannuation fund or SMSF. We are backed by our Research Department who have years of experience in areas including domestic and international markets, listed and unlisted property, fixed & variable interest securities.
Pacific Wealth Solutions has the expertise to take the hard work out of your financial planning, wealth management and retirement. We will take the time to understand your needs and develop a strategy that suits you and your retirement goals, guiding you from your first appointment through to retirement.
When you contact PWS you will be allocated your own Private Investment Adviser. We take a personalised approach with all clients and thrive on building a strong relationship with you.
Regular stock market updates are sent through our “Weekly Market Update” to keep you informed on market movements and financial news. Our investment recommendations are published and followed up in a timely manner by your adviser.
Fill in the enquiry form or call us to speak to one of our Financial Planners or Investment Advisers today.
We are authorised to advise and deal in the following financial products:
Authorised Representative No. 338518
Luke is a qualified Financial Adviser with over 13 years’ experience in the investment and financial services industry progressing from the stockbroking industry to a holistic view in Wealth Management, Financial Planning and Direct Equities advice.
Luke has an excellent understanding of Market Operations and Large Capital Investments.
Before commencing the Pacific Wealth Solutions business, Luke worked for a listed company called Prime Financial Group (PFG) for over 10 years. Prior to this, Luke worked for Tolhurst Noall (acquired by Patersons Securities Ltd in 2009). Working at Tolhurst Noall gave Luke a great base of knowledge and understanding that will hold him in good stead in the Wealth Management & Financial Planning sector.
Luke’s diverse experience enables him to work with a variety of different client needs and provided holistic well rounded advice.
Authorised Credit License No. 391682
Accredited Finance Broker in WA for 35 years specialising in providing equipment finance solutions to a large diversified range of industry clientele.
Gary is currently a Director of Pacific Finance Australia Pty Ltd and has previously held other Directorships within the industry. Gary is held in high regards in the industry by both his clientele and by the various provider of funds including all the major banks.
Authorised Credit License No. 391682
Mark has been an accredited Finance Broker in Western Australia for over 25 years, spending most of that time within the Pacific group.
Mark spent a couple of years working finance in the Goldfields and has progressed from learning his trade in document compliance to being a Director of several of the successful branches of the Pacific Finance group in West Perth.
Mark has a broad knowledge of the various industries his clients are a part of with a particular strength in the Mining & Transport sectors. Mark strives to have the best possible understanding of his clients’ financial needs, and assists with all facets of finance. Mark’s client base includes single owner operators through to multi corporate including listed public companies.