as only in this last 1 hour i chatted with a man who sadly lost his wife earlier this year & still not resolved with the Public trustee

& he  estimates the  cost closer to 10k & not the 7k they estimate
Lets save time & stress later by actioning today
here is the link to do from your couch this w/e and estate specialists selected as best in class in the state

On 3/09/2020 9:34 am, J***** wrote:
> Hi John,
>  > Some exciting news. L***** age pension has finally been approved!
> Not only will he be receiving payments from 14th September, but payment has been backdated to January, when the original claim was submitted (and which Centrelink lost)

A month ago I received a call from a gentleman, aged 89,who had just lost his wife and in fact was sadly awaiting her ashes when we spoke.

His initial request was do I have better income than what he was earning in the bank?

Book a free 15 minute call and learn insights from our work with clients over the past 36 years.

Yes, I replied

Complying with the best interests duty

RG 175.267 Section 961B(2) provides a ‘safe harbour’ for advice providers.

If an advice provider can show that they have taken the steps in s961B(2),
they are considered to have complied with the best interests duty.

Book a free 10 minute call and learn insights from our work with clients over the past 36 years

RG 175.268 The safe harbour requires an advice provider to:

(a)identify the objectives, financial situation and needs of the client that were disclosed by the client through instructions;

:(i)the subject matter of the advice sought by the client (whether explicitly or implicitly);


( ii)the objectives, financial situation and needs of the client that would reasonably be considered relevant to advice sought on that subject matter (client’s relevant circumstances);

(c)if it is reasonably apparent that information relating to the client’s relevant circumstances is incomplete or inaccurate, make reasonable inquiries to obtain complete and accurate information

Book a free 10 minute call and learn insights from our work with clients over the past 36 years

#financialadviser #financialadvisor #financialwellbeing #financialplanner #financialfitness
This week on the same day I had clients wanting or needing reassurance on who are their beneficiaries.

The first client sadly appears to have started the road to divorce when

‘Need her removed asap for any financial benefits from my death between now and the official divorce.’

 So that requires changing the beneficiaries on a will.

 Now under super that has rules on who can be beneficiaries & it is best & expected to read your super document PDS for whom qualifies to be a dependant.

Get Sorted

“Retirement This is a topic that bamboozles many adults, with 13 per cent unsure of what their main sources of income would be in retirement, and another 30 per cent having no idea how much money they’d need to saved or invested to have a comfortable retirement.”

so we read from an online NZ Stuff article titled “Third of adults would fail school money course for teenagers”

and it continues with “About a third of adults would benefit from going back to school to do a new taxpayer-funded money management NCEA course designed for their children.

The Sorted for Schools NCEA course for children aged 14-17 was created by the Commission for Financial Capability (CFFC), but its research indicates many adults lack the money management, saving, debt, goal setting, insurance, investing, KiwiSaver and retirement skills it's designed to teach to secondary school children”.

The results in Australia are no different when 76% of retirees require some form of government support.

In 2020 this has been demonstrated with 2 million requesting funds for their super as they were not prepared for the inevitable “Rainy Day”.

Now is the time to take a 5 min financial check up & ‘Get Sorted’.

John McAuliffe

This was a question in a survey which attracted 3,397 responses to 42 questions about retirement savings, income and attitudes. 

This report was for a major financial services company and entitled ‘Financial discomfort in retirement report’. (YourLifeChoices, February 2019)

A response that resonated most with me was ‘Peace of mind is extremely important to older people. Having money at hand to be able to pay for your health needs is not only important, it is a must for a peaceful life”
(Retired female, aged 80 years)

The real Big reason for ‘wellness’ for my cohort is

What can we do as financial advisers?

What we are paid to do.


People suffer crisis all the time.

E.g. 1 Sydney rental yields at new low


Investors in Australia’s two largest residential property markets are getting the lowest rental yields in the country (Australian 3/1/2020)


it is a real fact or a real figure that even when a rental property is fully paid off the net return on average after 2% to 3% net expenses is a very average net 2%.


Yes you may achieve more net yield' in certain localities but generally that is due to much less anticipated 'growth'.

(1) The provider must act in the best interests of the client in relation to the advice.

‘Safe harbour’ (2) The provider satisfies the duty in subsection (1), if the provider proves that the provider has done each of the following:

                    (a) identified the objectives, financial situation and needs of the client that were disclosed to the provider by the client through instructions;

                    (b) identified:

Book a free 15 minute call This email address is being protected from spambots. You need JavaScript enabled to view it. from our work with clients over the past 36 years.

E.g. 1. Egos matter in a trillion-dollar transition

Managing egos will be the key to managing the transition of trillions of dollars between generations over the next two decades.                                                                 (Australian 31/12/19)

E.g. 2. Seven heirs dispute Tip Top riches
Seven children are in a court battle over their parents’ multi-million-dollar fortune. (Australian 31/12/19)

E.g. 3. Costa family feeding frenzy
With the Costas gripped by sibling conflict, will the super-wealthy fruit and veg family chip in for their full entitlement. (Australian 30/10/19)

John Michael McAuliffe AFA, DipFp., BSc., DipTeach.

John is a Premier Wealth Coach & Financial Strategist. John McAuliffe Authorised Representative No.238629 of The Financial Link Group Pty Ltd