In a statement, Netwealth said its third national technical roadshow, titled ‘Outside the Super Square’, will shift the focus from transfer balance cap strategies to innovative strategies that could result in a real boost for first home buyers and small business owners.
Some of the strategies the event will explore include making the most of the tax concessions available to the 2.1 million small businesses in Australia, better structuring insurance within super, and ways to lessen the impact of the proposed franking credit changes should the Labor party come into power.
Netwealth head of technical services Keat Chew said the event aims to get advisers thinking differently.
“Our last two roadshow were designed to help advisers implement the most significant super changes in a decade. This year, we’re thinking outside the super square and have unearthed four technical strategies to explore,” Mr Chew said.
At the event, the head of US-based Invesco Consulting, Scott West, will share the latest research and insights on how advisers can better communicate their value to clients in a price sensitive environment.
Further, Challenger will discuss opportunities for delivering sustainable retirement income from the imminent legislative changes as well as the First Home Super Saver Scheme, a resource Mr Chew says should not be overlooked.
“We have come up with some very exciting and innovative strategies that could result in a real boost for first homebuyers. We have also analysed how this could be used for the client’s next generation, and we’d like to share this,” Mr Chew said.
“I hope that by exploring alternative strategies, it will set off a chain reaction for financial advisers to develop more great ideas and strategies tailored to their clients’ needs this year.”
