Angela has $1m in super. Before she met us she had all her money in the bank. She was earning about 4% p.a. and described herself as a conservative investor. She was nervous about shares. We built a conservative portfolio for her with only a small allocation to shares. However we identified other asset classes that can produce consistent returns with relatively low risk. In the past 12 months Angela has earned about 10%. She is $60,000 better off than she would have been if she had kept her money in the bank.
Going forward - we expect she will earn around 7% p.a. - ie $30,000 each more than she would have earned by keping her money in the bank.
Case Study 1 - Better investment returns, saving of $30,000 p.a.
Case Study 2 - Higher term deposit returns, saving of $14,000 p.a.
Larry and Mary have $700,000 in their super fund. When they first came to us they were insistent that all their money should remain in term deposits. They had everything invested in 3 month term deposits with one of the "big 4" banks.
We encouraged them to take advantage of higher rates available for a longer time period. We also helped them identify other bank paying higher rates, that were guaraneed by the Australian Government. The increased their return by 2% p.a. That means an extra $14,000 in their pocket each year.
Case Study 3 - lower fees, saving of $8,000 p.a.
Paul and Rebecca were previously using a financial adviser who had recommended a combination of managed funds and wraps (wraps are investment administration systems that make life easy for financial advisers and expensive for their clients). We were able to recommend similar investments (which are producing a slightly higher return), and eliminate $8,000 of annual fees.
Paul and Rebecca's situation is all too familiar to us - most financial advisers recommend wraps and managed funds, and their clients end up paying multiple layers of fees unnecessarily.
Case Study 4 - lower tax, saving $60,000 p.a.
Daniel and Mandy are in their early 60's. We showed them how they could increase their super contributions and pay no further tax on their investment income. The resulting saving for them is currently $60,000 p.a., and will get larger each year as their super balance grows.
Case Study 5 - Making things fast and easy
Charlie and Arabella wanted to buy a property in their super fund and they didn't have much time. Not only were they time poor, they were in a hurry. We mapped out a process to enable the transaction to take place in the minimum possible timeframe. And then we took over as much of the process as possible, so that Charlie and Arabella could spend their time on finding properties rather than doing paperwork.
Here are just a few examples of how we have helped out clients. You will notice that every example is very different - that's because we tailor our service to the needs of each individual. At Lime Super we know that everyone is looking for something a little bit different.
Why not make an appointment to see us - it won't cost you anything. Who knows, we might save you so much money that the next Case Study could be written about you!
Note the names below have been changed to preserve confidentiality. Otherwise these are real clients with real numbers.
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