PictureWealth Questions & Answers

same…sounds like scam to me…i didn’t give any personal details away

Hello Meg, Thanks for your query regarding SAA. We apologise that you felt pressurised on the call; this does not align with our internal processes. SAA would appreciate the opportunity to discuss the situation in more detail. If this is something you would like to do, please reply via this private platform or follow the below link, and leave your contact details – name, contact number and time preferred contact time. external link . We thank you for your feedback, and hope to hear back from you to resolve any concerns you may have. The SAA Team

Hi John, we are disappointed to hear that you have moved to AustralianSuper. However, we are here to help wherever possible – to make the transition as smooth and as efficient as possible. Please can you kindly email your full name, as well as your preferred contact number, and time of day - when it would be most convenient for SAA to make contact, to: external link . We look forward to receiving your reply via this private contact portal – and assisting with the transfer of your funds, accordingly. Many thanks, The SAA Team

Hi Phil, no need to worry. Superannuation Advice Australia is a licensed financial advisory firm, and we always put the best interests of our clients first. You are welcome to change your mind and there definitely won’t be any charges levied.

Our goal is to make our clients lives easier. If you are not sure, it would be best to take some time, discuss further with our financial advisers and make sure the service is definitely what you need, before we do anything.

If you would like to private message your details, we can contact you directly. Alternatively, please give us a call or send an email; whatever is most convenient for you.

Thank you for reaching out Phil, The SAA Team

Hi David, we are sorry to hear that your current strategy is not performing well. Upon review of your current goals and personal circumstances, Superannuation Advice Australia can definitely seek to assist with recommendations and strategies to assist in guiding you towards better outcomes in the future. Whilst we can no longer assist with Lost Super Searches, we may be able to assist in showing you how to identify any lost super with your MyGov app, and if appropriate, further assist with recommendations on a more suitable investment strategy for your retirement. Please email clientcareteam@superadviceaustralia.com, should you wish to take forward. Thank you for your question, The SAA Team

Hi Teresa, you are 100% correct. The exact fee depends on each individual’s situation, but there is a fee outline in our Financial Services Guide, which covers what we charge fees for, who we are and how we provide advice. You can click the link at the bottom of this message, and it will take you to the online version on our website. Having said that, before a client joins, we always prepare a personalised Statement of Advice. This outlines all fees, what the advice is, how we arrived at this tailored strategy, and what the benefits would be. That way, you get to make a fully informed decision before joining Superannuation Advice Australia. Thank you for your question, The SAA Team external link 

Hi RLynne, our Advice Team is excellent at preparing these projections, but to ensure accuracy, we would need a bit more information about your personal situation. Current investment returns for moderately defensive strategies are very close to the inflation rate in Australia of around 3%. As such, investing the suggested sum in moderately defensive assets only, it is likely the funds would be exhausted in under 10 years. Thank you for your question, The SAA Team

Hi RLynne, as per the above response, and if the parameters remain the same, it is likely that the funds would be exhausted in under 10 years. Thank you for your question, The SAA Team

Hi Sam, we would need to gather a lot more personal information to give you a definite answer, but generally speaking, Income Protection Insurance is available to many people who work within the mining sector through either fully underwritten personal cover, or in some instances, offered as a default in their preferred Industry fund. In general terms, miners can be eligible for underwritten personal income protection cover, but it really does depend on the type of work involved, time underground, exposure to explosives, your age, medical and claims history, etc. Thank you for your question, The SAA Team

Hi Sam, please note above feedback provided. Thank you for your question, The SAA Team

Hi Rick, there is indeed a government subsidy - find out more here:

external link 

Many thanks, Superannuation Advice Australia

Hi Luke, Our Client Care team conduct regular surveys with clients to ensure our service is meeting their expectations. As part of that survey we use a link supplied by Product Review so clients can write a review of their experience. We’re really grateful that clients take the time to sign up to Product Review and we love getting their feedback.

It only takes a few weeks of being a client to realise that what we do is very different to a typical financial adviser. We pride ourselves on going above and beyond for clients and commit time and resources to ensure our clients receive 5 star service.

If you have any further questions, please do not hesitate to let us know.

Many thanks, the Superannuation Advice Australia team.

Hi Mark, great question. As Advisers, we provide personal advice, so it changes depending on each individual’s situation and goals. If you want to contact us, we can take a proper look at what your goals are, and provide tailored advice on how to achieve them. Thank you for your question, The SAA Team

Hi Mark, great question. As Advisers, we provide personal advice, so it changes depending on each individual’s situation and goals. If you want to contact us, we can take a proper look at what your goals are, and provide tailored advice on how to achieve them. Thank you for your question, The SAA Team

Hi Mervin, we are sorry to hear that your current strategy is not performing well. Upon review of your current goals and personal circumstances, Superannuation Advice Australia can seek to assist with recommendations and strategies to assist in guiding you towards better outcomes in the future. Thank you for your question, The SAA Team

Hi Alex, there are funds that give you the ability to invest in gold either directly or indirectly. However, we always recommend speaking to a licensed financial adviser before making investment decisions, so that the benefits of diversification can be fully explained. Thank you for your question, The SAA Team

Hi Kerrie, It’s a great question and it’s something we deal with a lot. Before we can give accurate advice normally one of our licensed financial advisers would assess your current circumstances and get an understanding of your future goals and objectives. Without knowing your personal situation, it’s difficult to give you an accurate answer, but generally speaking, any super withdrawals or switching to Pension will likely impact Centrelink entitlements.

It’s a good idea to have your personal circumstances assessed by a professional adviser and/ or Centrelink staff prior to making any decisions. The Superguide website may be a useful resource for more information: external link .

If you would like to discuss anything in more detail, please feel free to contact us directly.

I have retired if I collect my super will this affect my pension.?

Hi Kerrie, It’s a great question and it’s something we deal with a lot. Before we can give accurate advice normally one of our licensed financial advisers would assess your current circumstances and get an understanding of your future goals and objectives. Without knowing your personal situation, it’s difficult to give you an accurate answer, but generally speaking, any super withdrawals or switching to Pension will likely impact Centrelink entitlements.

It’s a good idea to have your personal circumstances assessed by a professional adviser and/ or Centrelink staff prior to making any decisions. The Superguide website may be a useful resource for more information: external link .

If you would like to discuss anything in more detail, please feel free to contact us directly.