Risk Management
Life and Total & Permanent Disability Insurance
Trauma Insurance
Income Protection Insurance
Business Expenses

Superannuation and Retirement Planning
Self Managed Super Funds
Estate Planning

Northstar Managed Discretionary Account

You never think it will happen to you ...

At Northstar, as well as helping you to improve your financial future, we work to protect your current financial situation in times of crisis.

Life and Total & Permanent Disability
Did you know that around 60,000 Australians will have a stroke this year? Stroke is a leading cause of death and long term disability in adults. At Northstar we can structure your Life and Total & Permanent Disability insurance so that it is not a drain on your cash flow and, importantly, so that the right people will be protected in the event of a disabling medical event.

Did you know that one in three males will have some form of cancer by the time they reach age 65? Trauma insurance pays you a lump sum amount on diagnosis of a serious illness, regardless of how much time you take off work, so you can cover medical and other costs and get on with your recovery.

Income Protection
Did you know that every working adult in Australia has a one in three chance of becoming disabled for a period of 3 months or more before age 65? Your income is the most important asset you have to protect. Income Protection insurance will pay you up to 75% of your salary while you are unable to work due to illness or injury. Income Protection insurance is tax deductible and can be structured to meet every budget; it can also be structured to cover your Business Expenses if you are ill and unable to generate income for your business.

Superannuation and Retirement Planning
Most Australians are now living much longer and with many contributing only the Super Guarantee amount to superannuation over their working life, they will not have enough to meet the commonly quoted “replacement rate” of 60% of pre-retirement income.

Working out how much money you will need in retirement depends on your personal situation but you need to think about retirement early enough to do something about it. We can help by projecting your retirement outcomes and structuring your super in a number of ways to meet these goals. In particular, if you are aged 55 to 65 there are specific strategies we can implement to boost your savings in the pre-retirement years.

Additionally, we can devise strategies to maximise retirement assets and structure your retirement income through products such as pensions and annuities.  We will also ensure that retirees do not lose valuable Centrelink entitlements as a result of not having their financial affairs structured most effectively. It’s never too early to start planning.

Self Managed Super Funds

Self Managed Super Funds are the fastest growing superannuation segment in Australia, and for good reasons. These funds enable you to pool your money with other family members, offering more control over your investments, greater investment flexibility, significant tax benefits and, on average, better performance than industry or retail funds. At Northstar we are specialists in the field of evaluating whether a SMSF is right for you, we are also expert in ongoing SMSF investment management and compliance. 

Estate Planning
You need a will to be certain that your assets are inherited by the right people. However it is equally important to ensure your assets attract as little tax as possible. Many people don’t realise that capital gains tax and tax on superannuation benefits can be a significant drain on the estate.

These matters are complex and it is in this area that you need the professional advice and assistance of a financial planner who understands the intricacies of estate planning. Having a strong financial estate plan in place can provide significant and often long term ongoing benefits for your dependents.

Northstar operates a Managed Discretionary Account service (MDA) through which we actively manage your portfolio within a set of guidelines which are developed after considering your goals, objectives and tolerance of risk.

Investing via an MDA is ideal for people who lack the time, inclination or expertise to manage their own portfolio. It gives us the ability to transact on your portfolio quickly to take advantage of market opportunities as they arise.  You don’t have to be involved in the day to day management of the portfolio as it is all done for you. We provide regular reviews to allow you to keep up to date with your portfolio transactions and, of course, you can access your portfolio online at any time.

What’s more, a Northstar Managed Discretionary account makes tax reporting easy as all your dividends and distributions are collected and presented in one report. The Northstar MDA is suitable for all levels of investment. Our Managed Discretionary Account Service is currently run on the BT Super Wrap and Investment Wrap platform.