Financial advisers Parramatta locals trust

Commonwealth public sector workers may be in the CSS, PSS, or PSSap depending on entry date. NSW public sector workers may be in SASS, SSS, or SASS-PS. Each scheme has its own rules around contributions, retirement age, defined benefit calculations, and the relationship between defined benefit and accumulation components. Understanding which scheme you're in is the foundation for planning.

Multi-generational wealth planning often involves discussions about gifting strategies, education funding, supporting children into first homes, and structuring asset ownership across generations. For families with significant overseas family connections, cross-border tax and estate considerations may also apply.

Common starting points include consolidating super across multiple previous employers, reviewing personal insurance both inside and outside super, addressing any employer share or option exposure, and planning around the concessional contributions cap if approaching higher income.

Property is one part of a diversified portfolio, not the whole portfolio. Western Sydney property has experienced significant growth in some areas and slower growth in others. After-tax, after-cost returns matter more than headline price changes. We can help you assess property exposure in context of your full plan.

Common documents include a current will, binding death benefit nominations on super, powers of attorney, and consideration of testamentary trusts. Common complications include providing for children with different needs, blended family situations, and ensuring superannuation flows to the right beneficiaries.

The starting point is usually consolidating super into a single fund (after assessing insurance implications), reviewing the investment option, and projecting a retirement income need. Complexity scales with the number of funds, the type of fund (industry, retail, public sector), and the presence of any defined benefit components.