There are currently more than 3,200 people aged over 70 who live within 2.5 Km of where this new retirement village will be built.

And also the average entry age is 77 years for this retirement group with a minimum age of 65.

This were key facts in a brochure called a Community Update that just landed in our mail box.

Is this you or maybe Mum?

And so we read in our recent ongoing professional learning

the 60-plus age group is increasing, and approximately a quarter of their retirement years will be care based. These later years will possibly come with significant lifestyle changes, including a loss of independence.



“You can expect to be healthy and vibrant and go out and do whatever you want and be totally independent and travel the world and have a great time, then there’s a period of time where you start to slow down and maybe not so agile, but still able to be quite independent,”



“Then there’s a period of time where you need, potentially, to have somebody else helping you just to do the daily activities of living. That’s, on average, about 20 to 25% of retirement years.

How many years is that for us?

And who pays for that?

We also read this

“The maximum cost for somebody in residential care, the actual cost of care is up to about $105,000 per person per year. So, that’s the cost of residential care. Now, clients don’t pay anywhere near that, and we always see where clients say, ‘Well, I don’t see why we have to pay for aged care. This is ridiculous. I pay taxes. The Government should support me’,”



“I can guarantee you for nearly every person in residential care, the Government is putting in a lot of money. Its cost is up to about $105,000 [per person]. At most, all a client would be asked to pay, if they’ve got lots and lots of assets and income, at most it’s about $42,000 a year towards that $105,000. The Government’s potentially putting in the rest. Can the Government continue to afford that? No

And who will care for us?

This paragraph also resonated as yes we were bossed when we were caring for a week.

Gone are the days of relying on children



“long gone are the days when you relied on just your kids” to take the reins with aged care, as younger generations are now more mobile, transient and dispersed around the world.

As we have had one of the family not well due to a chill from the air-conditioning at the movies then we observe how lethargic & even useless they are. And that was only for a week.

Of course there are options for us all

·         lets remain as healthy & positive as long as we can. We all have relatives & family who batted on & went out fast.

·         Retirement villages developing and offering more home care choices



·         Emergence of over-50s parks and resort-style living with care



·         Group housing (some dementia specific)



·         Live-in care, private home care and home care packages



·         Growing support service industry for aged care options and delivery.



As we have our previous tennis partner with dementia then this investment buy from one of our USA subscriptions is another idea. I.e. another option



Death by Alzheimer’s has simply been accepted as death by natural causes. But like heart disease and cancer, we are on the verge of treating this dreaded disease

WHAT A CURE FOR ALZHEIMER’S LOOKS LIKE

To put it simply, this can be the cure for Alzheimer’s.

This drug candidate removes plaque based on how large a dose you get. It also slows or even stops the progress of this disease. And it’s reasonably safe. It’s not perfect – around 2% of patients will find this drug intolerable. But Alzheimer’s disease today is 100% fatal.

The drug (called BIIB-037) itself is a specialized antibody that grabs on to the Alzheimer’s plaque

….

Sorry we can’t give you the company recommended

As we ourselves prefer the very first option then as was beautify explained in Lessons in the subtle art of not giving a f---it is only a problem to be solved

Hence we prefer

1.       prevention as in T.I.N.A. as in there is no alternative



2.       and after watching this last Night on SBS then this is also a T.I.N.A but it does require a mental challenge. Others do.

i.e. Michael Mosley FASTING view now although you must watch until the end.

Aged care is a minefield & families have different agendas & the following trends to show how this situation will come under increasing pressure:

·         Refundable accommodation deposits (RADs) range from $100,000 to $2.5million, and averages are increasing (currently just under $400,000)



·         Service providers are increasingly charging additional “service fees”



·         There is increasing pressure to pay deposits and at least some of the RAD in order to be placed on waiting lists



·         Rent on former home to be considered assessable income (for fees only) if a resident moves into care from 1 January 2016



·         Asset test changes from 1 January 2017 may mean that many clients will lose some or all of their pension.



We just now had this reminder This is a reminder that " Technical Webinar: Keeping up with the octogenarians" will begin in 1 Day on:

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.


If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.

As Bob wrote this week

Let me know if you need anything else. Keep pushing me as this needs to get done

& others do, call us on 07 3848 1088 or email us or visit our websites



John McAuliffe

We attended recently a seminar on investing into China and this phrase was used in the introductory remarks.

And we read it again in an article this week from the Australian.

How do we catch the coat tails of this theme.

A recent investment newsletter that we subscribe to had recommended at least an allocation to China in your portfolio.

E.g. China has its own Internet giants that do the same things... And in some cases (like WeChat instead of Facebook), the Chinese might even do it better than the Americans...

Tencent – WeChat’s owner The battle in China is for people’s screen time...

And Tencent controls their screen time even better than Facebook or anything else does in America.

      Tencent is “sticky,” as the tech gurus say. Users can’t stop using its products.

In addition to owning WeChat, Tencent is also the leader in mobile gaming in China.

It’s actually not just China’s mobile-gaming leader, it is the world’s leader based on gaming revenues. It’s ahead of Apple, Microsoft, Sony, and the rest.

And its market share is increasing, fast.

E.g.  Alibaba – you may be surprised to learn – is now the world’s largest retailer... With nearly $500 billion in “gross merchandise volume” sold in the last 12 months, it just passed Wal-Mart to take the crown.

The crazy part is, Alibaba doesn’t have any stores like Wal-Mart does. Alibaba is an online business, like Amazon.com. Alibaba has a near monopoly on online retail in China – with 80%-plus of the country’s online-retail sales on its site. (Think about that!)

E.g. the “Google of China” is a company called Baidu...

Think about this: Baidu has a larger share of the Internet-search market in China than Google has of the Internet-search market in the U.S.

That sentence is hard to fathom.

 

Of course the seminar mentioned other companies that had a global reach but were from China.

Such as



Sunny Optical Technology designs and manufactures optical and optical related products including lens sets and camera modules for mobile phones and digital cameras

And

Zhuzhou CRRC Times Electric has already applied its solutions to more than 5,000 mass transit vehicles, 4,000 mainline locomotives and 7,000 high speed trains worldwide. With its modern management, strong core-competitiveness and excellent brand image, Zhuzhou will continue to consolidate its position in the global railway transportation equipment field.

And

Fuyao Glass Industry Group is a leading international manufacturer of automotive and industrial glass.

 Founded in 1987, the company has become a major products and services supplier to the world’s top automakers including Mercedes, BMW, Audi, Volkswagen, Ford and General Motors.

And let’s not miss out on



PetroChina is China’s largest oil and gas producer and distributor. It is also one of the largest companies in the world by revenue.

We could continue as these are not all the companies that this fund manager invests in for you. There are very few fund managers who invest in China or its offspring of Hong Kong, Taiwan & Singapore.

We have the top ten holdings in the fund here

So as we have for clients this week & let’s not forget himself then as our own subscription newsletter said

The China tech revolution is so extraordinary that sales have soared tenfold in major companies in the last five years...

Yet we can buy in today at end-of-2013 prices. We have to take advantage of it...

And

while I am actually excited about a lot of ideas now, I think that China, starting now, might be one of the biggest opportunities of my career.

The trends I explained today could last for years... and could lead to hundreds-of-percent returns.

I know the idea of investing in China may sound scary to you... But that fear is exactly why we have such a great chance of profiting, starting now.

It takes a while to learn this... but when everyone loves an invest­ing idea, it’s over... The hundreds-of-percent profits are already in the rear-view mirror.



We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & happier.

As  others do, call us on 07 3848 1088 or email us or visit our websites.



John McAuliffe

W e watched last weekend a jousting tournament @ St Ives NSW.

Fifteen thousand watched this medieval extreme sport over 2 days. It was fascinating & took us back to our bookworm years.

We feel that many of us are jousting in their own lives today & that Big Government and the other big guys are charging on their armored 1 x FA18 Super Hornet from RAAF with multiple lances towards us.

Life is not faire.

And from Archie* just now with this Knight’s challenge.

Let’s look at the so called backpacker taxx back flip that Sir Scott has just announced.

I.e. instead of taxxing needed backpackers with a 32.5% taxx from their first Dollar they will be only taxed 19%.

But also in the announcement is the super THEFT of 95% of their super.

Not only does the government taxx the 1^st 15% of their super contributions they will then take 95% of the remaining 85% or 80.75% which means they take at total 95.75% of the backpackers super.

And that remaining 4.25% has a taxx on its earnings of 15%

Hence the government is taking too close to 100% of their super.

What is the final taxx for backpackers?

19% + say 9% super = 28% which is so close to 32% that ‘it’s all a joke’

Yep & they want to spend $10 million to attract backpackers but added an additional $5 fee at the airport for all of us as well

Yea right!



It is time to reclaim your super if you can.

We had David* here recently who we have advised first in 2013.

He then had a home mortgage with low doc interest rates as many do when there is a moment of unemployment [He does have 3 degrees& works in IT]

Hence due to his age where were able to ‘lance’ his super with an annual payment to reduce those usurious non bank lender’s interest rates.

His ‘super’ today is worth 174K & yet we have ‘lanced’ his super with two lump sums each about 17K & it originally in August 2013 had 168K.

Yep 34K he would not have had otherwise.

We have done legitimately what the government does itself.

I.e. ‘lanced’ his super but for David*’s benefit.

The real benefit for David* is that now instead of never paying off his 30 year mortgage we expect him to have it paid off in about 10 years.

And we have also lanced the governments marginal taxx rate by salary sacrificing his annual withdrawals into super. This means that he is not taxed at the 32.5% taxx rate over 37,000 but only at 15% on his super.

David* has made much better & more efficient use of HIS money that Sir Scott ever will.

As an image in the Australian explained perfectly recently



As others recently do Antony*

1.       Hey John, 

Are you available for a catch-up next week? 

I would like L*** to be involved. She is now home by 2.00 each afternoon. Any day but Thursday is good for us. 

We want to decide what we should do with the $350K that is currently just sitting in a savings account

Thanks 

Steve


2.       AND another

John

I am looking to get a term life policy. I would like $1m but probably can’t afford it. My birth date is 26/1/*0, no smoker but with some health issues related to ankelosing spondylitis in my back.

What are your thoughts. I then need to see how I can get a tax deduction for the premiums



We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.

As  others do, call us on 07 3848 1088 or email us or visit our websites.

John McAuliffe

the offer is a fixed term income driven retail investment trust offering;

A fixed term property syndicate acquiring the Darling Ridge Shopping Centre

·         A target rate of return of 8% per annum year 1 after fees and before tax

·         6.5 year weighted average lease expiry

·         Potential for growth in income and capital through improvement in rent

·         Fixed term of 7 years

·         The anchor tenant – IGA has 12 years remaining on the lease

·         The centre is fully leased and tenants are trading well – trading figures for IGA are available on request.

A fixed term property syndicate acquiring the Darling Ridge Shopping Centre.

Key Features

- Fully Leased Neighbourhood Shopping Centre

- Minimum $20,000 investment and in multiples of $5,000 thereafter

- Available to retail investors and suitable for SMSF’s

- Potential for Capital Growth

The Property

The Darling Ridge Shopping Centre is located at 309 Morrison Road, Swan View, Western Australia. The Fund will own a single property and so is not diversified by investment class, geographic location or exposure to different property sectors.



Should you have interest in the Fund please call us on 07 3848 1088 or our This email address is being protected from spambots. You need JavaScript enabled to view it. or our websites and we will forward a copy of the PDS and any other supplementary information you may require.



Expected to close on or before August 15th 2016




John McAuliffe

1 .‘We refer to the above claim and thank you for forwarding the claim documentation.


Benefit payment


We confirm that the claim has been approved and we’ve deposited $94,500.00 into your  nominated bank account.


Support when you need it most


We trust we have provided you with valuable financial support when it was needed most’

Yes this was a claim that actually occurred 3 years ago.

However as the policy had only been in force for less than a year then the insurance company because of the accident circumstances requested information from the doctors.

They, the 2 doctors, had been repeatedly been asked to supply information & even after 2 years & no doubt payments did not supply the requested information.

Centrelink took over a year due to privacy concerns & other excuses to provide information.

However ‘ in good faith’ as it could not prove it the insurance company said this has taken too long & paid this week.

We also add that the company had paid out 10,400 under this clause 3 years ago.

Advanced Payment Benefit

An advanced payment of 10% of the Benefit Amount, up to a maximum of $25,000 as soon as we receive the death certificate or medical certificate confirming death of the Life Insured.



Let’s look at why the delay which is ‘the suicide clause’.

From the PDS Product Disclosure Statement & as it is also the law.

Life insurance


When will we not pay on Life insurance?

No payments will be made under Life insurance, and any optional benefits, if the event giving rise to the claim is caused directly or indirectly by an intentional, self-inflicted act by the Life Insured:

• within 13 months after the Plan start date;

After being in financial services for 32 years it surprised us that our accountant was not aware of this.

We also read from the PDS

We will waive the above exclusion if, immediately prior to the commencement of cover, you had death cover on the Life Insured which was in force for at least 13 consecutive months (without the death cover lapsing and/or being reinstated) with … or another insurer, and you have replaced the death cover with Life insurance (hereunder).

The waiver will only apply up to the level of cover you had with … or the other insurer.

Should you reinstate your death cover at any time, this exclusion will recommence from the date of reinstatement.


2. Our second recent claim this week comes under terminal illness when we received this email

‘Thanks for your help with providing the information with the payment, John.

I’m sad to inform you that Dad has been diagnosed with a very aggressive form of lung cancer, he has months to live.’ 

Hence our call to the insurance company to request claim forms

Hi John,

Thank you for your call today.

Please find attached the Claim Pack with the covering letter detailing the requirements for theclaim with the forms for completion.

Please use the covering letter as a checklist when sending the completed requirements as we must have the full requirements for assessment of theclaim.

Let’s look what the paragraph from the PDS on Terminal illness.

Terminal Illness Benefit Early payment of the Benefit Amount if the Life Insured is diagnosed as Terminally Ill

Terminally Ill and Terminal Illness means an illness or condition where, after having regard to the current treatment or such treatment as the Life Insured may reasonably be expected to receive, the Life Insured has a life expectancy of less than 12 months.


And

Tax paid on Terminal Illness Benefits

Terminal illness benefits paid to members are tax free.

‘would 100k or 1million help?

Of course it depends whether you have faith in the medical system or whether you still have goals on your bucket list or you wish to look at other scientific alternatives.

You might & hopefully recover.

These are reasons why we have cover & there is always more in the cover than we remember. We always ask clients ‘to read & understand’ what is in the PDS & we send the PDS before application. You may be very surprised what is in the policy & well worth reading to answer any doubts that the nay sayers throw at you.

One company writes this week

‘In 2015, we paid over $1.1 billion in claims across all our products – our very own personal best.

Through our partnership with you we help keep more Australians and their families living the lives they love by being there when it counts.

and another

Our latest claims paid brochure is now available which details how we helped 10,715 clients with $944.7million in claims payments in 2015

And another

In 2015, the total claims paid to …. policyholders was $1,029,308,253. That equates to $4,084,557 paid on average each working day.

This is a powerful message to share with clients and reinforces that claims are paid.



We were reminded also twice this week why we have membership of the RACQ.

One car had a slow tyre leak & the other decided to split a radiator hose & needed a lift back to Greg the mechanic.

Another form of ‘insurance’.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.


If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.

As  others do, call us on 07 3848 1088 or email us or visit our websites.



John McAuliffe

Yes we asked the maestro butcher Ross on a recent Wednesday when he revealed that Wednesday is when they make the sausages.

He asked us how was the diced lamb that we had bought the previous week?

Our answer was that the Young chef had commented on the difference on the diced meet she had bought elsewhere & his. It was so much more tender.

Ross then expanded on his sausages & the fact that there was 70% meat in his sausages & the skins were from real intestines.

Yummy!!

Ross then expanded on why the super markets could sell their sausages so much cheaper.

A sausage by law must have 50% meat & that meat could come from anywhere & bone marrow sounded legitimate.

Plenty of fill & maybe the skins are made by Ansell.

Hence we were very unenthusiastic when we were offered super market sausages last week but more enthusiastic when at the recent PD = Professional development DAY the option was gourmet butcher sausages.

There is a difference & nothing has changed ‘you get what you pay for’.

Which takes us onto insurance plans which are also 'mystery packages'.

We have had instances where due to cashflow clients have been enticed into having their insurances paid by their super funds.

For many that is fair but has the downside to this been pointed out?

ASIC requires a 5 page checklist which includes the cost of the premiums over time to be defined & hence the reduction in retirement amounts in your super.

This needs to be in the SOA in our opinion.

Now with the limits that can be contributed into super then this means that you may well end up with insufficient super & rely too heavily on government.

Is that what you want?

Another catch is that should a life benefit be paid then although it is not taxed to the spouse it will be taxed @ 15% or 30% to non dependants. That could be a large amount to the ATO.

e.g. It is very relevant if divorce occurs & you wish to leave it to the children.

There are some benefits that can’t be paid by super e.g. trauma covers or needle stick injuries.

Sunday agenda recently mentioned estate taxes & the family home & here is where insurances would be very smart.

Suicide in the first 12 months is also very relevant. {it happens}

Should you have a claim in the first Three years then the insurance company will want from Medicare all your records.

You are aware that medicare wont be fast in their reply as it is a government department.

We have just now received by email this article from Jim which provides much more detail.

7 Mistakes you could make buying life insurance.

Last week we had a 2 hour discussion with Dominic* who was doing his annual review of his budget & where does all his net income go. As he has 4 daughters this is a very reasonable activity and had been doing his own ring around.

At the moment I like **** as I can get the 1.5mil and 10k income insurance to age 65 for around $253/month paid out of my super account. And they are not so picky about BMI.

However after our 2 hour discussion& his calling his very good super fund the conclusion was

Hi John,

I am not going to do it inside super as it will have a detrimental effect on my final super payout.

Let’s have a look at the *** insurer since **** cannot provide an answer as to the cost difference. This will save me about 2k a year.

Regards

Remember that his income protection is taxx deductible to him outside super.

When the adviser or the bank suggests inside super then just maybe talk to your original adviser who did do the right plan for you originally.

We had a very pleasing & reassuring call from Brad recently.

He told us that his new accountant James had suggested looking at his existing income protection plan with his financial planner. {what does their relationship pay?}

This planner came back & stated that who set this cover up did the right thing & he couldn’t beat this plan.

We knew that & it was so unusual for this to occur that we called James & congratulated his office. We commented that ethics can’t be legislated.

Now back to sausages & we must check out Rene’s sausages as apparently he makes the best on the north side around & has been doing so for 30 years.

Maybe compare the real difference which is always what they dont tell you.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.


If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & happier.


As  others do, call us on 07 3848 1088 or This email address is being protected from spambots. You need JavaScript enabled to view it.us or visit our websites.

John McAuliffe

As long as it isn’t ours or our family or close relatives.

We read two interesting stories this week in The Press.

1.Beneficiaries were entitled to inspect trust documents, from which their rights may be deduced, he said.

The trust's financial statements and documents would demonstrate proper administration and management of the trust's affairs and property, he said                         READ MORE

And another

2. Akaroa caregiver's trust gets $587,000 despite suspicious behaviour                                                            Read More

There were others here but we didn’t store them

And one more which is close to us and has yet to hit the press.

3. We are too aware of & there is possibly 5m at stake. It is too early to say but it is very possible that the executor who is not family has fudged the last will.

How long do these disputes last & is there anything left after the crows have dined first as in this Victorian class action

e.g. Since the Victorian Supreme Court approved the settlement in May last year, the firm has amassed administration costs of more than $3m.

It previously received $7m in costs for running the case, with all fees deducted from the $25m settlement and thus reducing the pool of cash for victims.                         Read more

Our Estate lawyer client Bob agrees as he has said previously.

‘when they come to see us they love us & when we present the invoice they hate us’.

and then there is this article for those with SMSF.                               READ More

We read today

There were 1369 Australians who died overseas in 2015 with Thailand, Philippines, Indonesia, US and the Netherlands the top destinations.              Read More

Consequently as part of our wholestic planning we have been facilitating clients with their will through our benchmark estate planning tool                              [have a look]    

where this system does integrate with our preferred online estate planning lawyers?

It is here that very interesting family relationships come to the fore.

We ourselves agreed as we have a similar position when they wrote this week as we were facilitating their wills.

‘adamant that neither of her sisters are to get ANYTHING at any time, we are pretty sure that if anything were to happen to us both that one of them might contest the will’.

Of course doing a will is confronting as there are questions such as do you wish to be buried or cremated?

As it is common knowledge that 50% do not have will or they are not up to date then when is a good time to start the conversation.                                                 Let’s start

Later today we meet with clients who had the biggest nightmare that any parent dreads.

It is not our only time & our accountant wants to cover his son for the loan he has made him. That makes sense but why not the total cost of bringing him up or is that just sad.

We now recall our father insisting on a will & POA before we travelled abroad 40+ years ago. Now we know why.

We also attended a seminar on about ETFs but will leave ETF until another time.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.


As  others do, call us on 07 3848 1088 or email us or visit our websites.



John McAuliffe

‘As global policies make banks less profitable and more risk-averse, questions are growing for the big four.’

We read this headline today after we had been to a presentation from the CEO of KYCKR which explained the biggest drag to profits is compliance.

The fines charged to big banks are very big as they do have the money & every government doesn’t have enough.

E.g. 8.9B BNP and Standard & Chartered 327m.

But wait there is more.

Executives can & have been jailed.

Hence Know Your Client = KYC or KYCKR

[Who have PayPal amongst others as clients]

And then from Peter the CEO of our dealer group

‘I have reviewed the offer and consider the prospectus, the available literature plus met with the management and directors.

We all know that the burden of KYC/AML will only increase and Kyckr represents a substantial upgrade of the technology as it represents a real time only solution to this and is business focused.

The process is established in Ireland and is now used by the Bank of Ireland for all “on-boarding” of customers – every account, loan, credit card … as it is 100% accurate and real time.

One can only expect that this will become the global standard.

We are dealing with an established product not an unproven technology – the funds are to be used for the further commercialisation with an early focus on Asia and extending the product across Europe.

You need to form your own assessment..

My thinking (but it cannot be a recommendation) is an investment in Kyckr should represent a 5-10% of a total portfolio and we would expect a modest allocation.’

We do like ourselves and although it would be defined as speculative so in the past were other stocks e.g. Microsoft, Facebook. We also wrote that the last Melbourne Cup winner was an outsider.

No one has enuff retirement funds & this is a opportunity to maybe improve your retirement position.

Maybe ‘some yeast in the dough’.

If you want to know more then yes we have plenty of material including the prospectus.

Both the CEO & the Board have very impressive credentials.

Read more part 1, part 2, part 3, part 4.

To assist your understanding of the opportunity and to share it with your clients we are attaching a link to a presentation prepared by David Cassidy, the Managing Director of Kyckr.

The link is live and the video can be found here (or here if you are posting on social media)

We understand that KYCKR will be on Switzer on Sky Business next week.

We also read today

‘technology businesses were destined to be the foundation of the world economy going forward, and there was a simple reason behind it.

“If you look at the profitability per employee, the figure for a technology company like Facebook or Alibaba stands at half a million US dollars,

and               ‘Until that happens the opportunities are limited,’   Read More

and also & we recall 9/11

Cyber security is Rudy Giuliani’s ‘last crusade’                                     Read more

As others do please call us on 07 3848 1088 or This email address is being protected from spambots. You need JavaScript enabled to view it. or reply

You need to confirm with us by 5^th August & your opportunity closes 12^th August.



John McAuliffe

Would these benefits be of interest to you?

If Gold status is achieved in the **** program that is 20,000 points accumulated from online activities, exercising and a health check the client can receive the following benefits at this point:

-           Maintain 12.5% off Life, TPD and Crisis insurance

-           40% off Qantas flights

-           $200 worth or vouchers that can be used at Woolworths, Caltex, Myer, Rebel and JB-HI FI

-           40% off Endota spa

-           Every week the client obtains 250 activity points they receive a BOOST juice voucher valued at $7.50

-           costs the client $10 non-super per month.



The how to get to Platinum brochure is useful if clients are looking for options to obtain points. 

If the client achieves Bronze status each year in the program their Life, TPD and Crisis insurance discounts will erode 2.5% per year to 0% in 5 years



Then there is another life company offering new clients

up to 15% discount on Life Insurance and/or Total and Permanent Disability (TPD)Insurance for the life of a policy, if their Body Mass Index (BMI) falls within BMI: 19 to 28

-           7.5% for Life Insurance and/or TPD Insurance

-           Up to 15% discount for Life Insurance and/or TPD Insurance when packaged with Income Protection and Critical Illness Insurance

.Research shows that people with a BMI within the 19-28 range are generally healthier.

Clients with a BMI that falls within this range will be eligible for the discount.

-           Eligibility for the discount is assessed on a per Life basis. All benefits must also meet minimum sums insured to be eligible.

-           Discount applies regardless of underwriting special terms

-           No membership fee

-           No additional application

-           No ongoing reassessment to retain discount



As everyone knows insurances premiums for insurance always increase annually & at some point everyone reassesses their cover & every butcher knows what is placed in their sausages.

I.e. every butcher , baker… is willing to unsettle you with what you already have protecting you now.

New cover is NOT a given as this week’s correspondence with an underwriter says

At best the condition can be accepted at standard terms with a favourable GPs report but can also be declined depending on its severity and whether there are any associated complications.

We read today from the school newsletter.

There is widespread awareness that the crucial component for expertise is not talent but purposeful practice —

in fact, a minimum of ten thousand hours of deliberate practice has been advocated as the benchmark minimum for expertise


Yes we have done 35 years of this offering a financial strategy for you.



We also received this advice from a life company which is another reason why you may be feeling some cashflow pain.

This is the result of a review conducted to ensure the sustainability of the products and to make sure that our rates remain competitive and fair for all customers.

Claims paid under these products have been higher than expected, and the premiums have not been adjusted for some time.

These increases are generally in line with the market, and our current on-sale products.

There are no changes to Life Insurance or Total and Permanent Disability Insurance premiums.

The following Income Protection and Critical Illness Insurance premium rates will apply on policy anniversary.

• Critical Illness (CI) Insurance premiums will increase by an average of 4.4%
• Income Protection premium increases range from 7.5% to 15%

And from other plans

-           Critical Illness Insurance premiums will increase by an average of 5.2%

-           Income Protection premiums will increase by an average of 14.5%

Please note, these increases apply to both stepped and level premiums.

As our clients are very aware we strongly believe that you actually don’t want to claim.



And from the AIOFP this week we read

Although these figures are hard to get from the manufacturers [for very obvious reasons…] we believe the rejection rate for direct risk policy sales exceeds 50%,

an appalling figure that the Politicians inexplicably ignore.

They are also oblivious to the policy rejection rate for advisers is less than 4%, another astounding number they fail to comprehend or acknowledge.



Hence we also provide as our wholestic offering a benchmark world class wellness answer used by many in RIO & we could call it ‘insurance for the insurance’ and very necessary for all especially at our vintage.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.

As  others do, call us on 07 3848 1088 This email address is being protected from spambots. You need JavaScript enabled to view it.r visit our websites.

John McAuliffe

It was sitting at the petrol station last Friday night that we first heard the news of Britain exiting the European Union with a vote 52% to 48%.

We had exited out from here during the school holidays to learn to surf which was on our bucket list.

We had heard & read of no news whatsoever as our idyllic spot had no TV due to the ‘dysfunctional’ family who had inherited it. [We wondered about the estate plan that had happened.]

On this hideaway spot was a mandarin tree in full fruit which happens in midwinter to keep the scurvy away as James Cook realised 200 years ago. he fruit was enjoyed by some careful harvesting via a rake & bin.

 

So we read today on our return exactly what we had concluded & in fact suggested after the recent horrible Orlando event.

While Brexit exposed the seething tensions within the EU, Italy’s plight is a challenge much closer to its core.

As was seen with Greece, when it was threatening a “Grexit”, the EU can find ways to bend its rules when it has to, which is no doubt what Renzi hopes to convince Brussels to do.

If he fails, the prospect of Italy opting out of the EU, a far more complex exercise than that facing the UK given Italy is part of the eurozone, would become more real.

The plight of Italy, however, underscores how difficult it might be to hold together an uneasy and increasingly fractious union, with rules designed by and for its stronger economies, in a post-Brexit environment where the EU is even more dominated by its most powerful member, Germany.                                                                                                                             Read moreAustralian 29/6/2016

And again

Politicians beware: listen to the voters who vote you in or be prepared to be kicked where it really hurts.

They sold them down the river by failing to regulate banks and rating agencies before the GFC;

by posing as saviours of the world’s climate using taxpayers’ money; by posing as saviours of the world’s poor using taxpayers’ money;

by refusing to control borders; and,

by selling out the finest system of law in the world.

Elites were happy to take the plaudits of the Europe project and the jobs that came with it, but they were wilfully blind to euro public finance corruption, timidity in the face of unfettered migration, open access to benefits and naive acceptance of illiberal mores.

Brexit was a magnificent repudiation of these betrayals.                  Read more

And elsewhere

Overwhelmingly, the people who voted "Leave" in the referendum were guided by how they felt about themselves; their community; and their nation.

And these feelings, like just about everything else in politics, were driven by issues of power and control.

Do you feel in control of your life? Do you feel in control of your community? Do you feel in control of your country?

Do you feel in control of your future? Who has power over you? Who do you exercise power over?

To those whose employment is both precarious and/or oppressive, the sense of being in control of one's life is weak.

The sense of being at the mercy of others, on the other hand, is very strong.                                                                                      read more

And again

longer-term trend that people in Australia are angry like in the UK and US about the political class letting them down."                                                                                                     Read more

and

Because the same antiestablishment anger that led to the Brexit vote is growing in other EU countries… here in the U.S… and around the world.                 Read more




Our conclusion is that the Mandarins have been picked & have had their day & now it is time as it is after the harvest to prune seriously prune.

It is time to spit out the pips & peel the Mandarins who don’t allow us the fruits of our endeavours.!!!

We must add that we had the best value in Australia at reef2Beach where Grom & Tony & JD provide 3hours surfing instruction for $17. How good is that! Thanx guys.

Our conclusion is that they want to leave a legacy that is surfing is a splash & all should have the opportunity to learn & enjoy. It is about the legacy & not the money.

Can the Mandarins here or anywhere say that they have left such a legacy?

Not when we read this ‘a tax hit of $700 million a year from 2017’           Read more

Do they have a better use than you? Do you really want to pay for our education & health?

As we suggested to Scott* today this in fact Brexit is all good in the long run. We are not unhappy.

We were watching Wimbledon on The Big Serve last night & listened to Nick Bollettieri the coach of Andre Agassi   & Maria Sharapova who commented that coaches make the small changes that others can’t see.

It was when the young travel agent was engrossed in a 1500 piece jigsaw at our hideaway that Deanna arrived & demonstrated that by selecting the shapes of the pieces first that ‘she is 10 times faster’.

I.e. there is often another way to complete the puzzle.

However as Humphrey explains British participation in the European Economic Community will anything change? This is Superb!  Not long and I loved it!  CC



Of course will Brexit be ‘trumped’ in November??

We do have multiple articles from fund managers with their views on Brexit if you wish to contact us.

We believe that we can generate significant financial certainty for you throughout our relationship & importantly add substantial value to ensuring you achieve all that is important & valuable to you as you have articulated to us.

If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & happier.

As  others do, including our accountant wanting 1m life cover this week call us on 07 3848 1088 or This email address is being protected from spambots. You need JavaScript enabled to view it. or visit our websites.



John McAuliffe