important things you may like to know
FAQ's
Knowledge is power
Our Most Asked Q's
Our goal is to provide clear, transparent information to help you understand how Futurevest can support your financial journey, whether you need straightforward advice or sophisticated, high-net-worth planning.
Have a question we haven’t answered? Please get in touch.
We provide a range of financial advice services tailored to different client needs, including:
- Standard financial advice: Portfolio reviews, superannuation planning, loan reviews, and basic investment advice.
- High-net-worth advisory: Advanced asset protection, bespoke investment strategies, complex tax planning, estate planning (gift & loan strategies, testamentary trusts), and entity structuring.
For detailed descriptions of each service, please visit our Services page.
Once you decide to work with us:
- We conduct a detailed initial meeting to understand your financial situation and goals.
- You will receive a clear plan outlining recommended actions tailored to your needs.
- We guide you through necessary documentation and coordinate with other professionals as needed (accountants, lawyers).
- Implementation support and ongoing reviews are available to keep your plan aligned with your evolving circumstances.
Our team supports you at every step to make complex topics understandable and manageable.
For high-net-worth clients, we provide specialized services including:
- Structuring entities to shield assets and limit liabilities.
- Advanced tax planning strategies to optimize your after-tax returns.
- Estate planning tools such as gift & loan strategies and testamentary trusts to effectively transfer wealth.
- Coordination with legal and accounting experts to ensure compliance and integrate planning seamlessly.
These services are designed to safeguard your wealth and provide peace of mind for you and your family.
To get the most from our advice:
- Gather recent statements for your superannuation, investments, loans, and insurance.
- Think about your financial goals, retirement plans, and any concerns you have.
- Complete any preparatory questionnaires we provide to help focus our discussion.
If you have questions before the meeting, our team is available to assist.
Are you a business owner, who owns your own house? Do you run your business via a company or trust? Are you 100% aware or assume your personal assets are protected? Do you have the equity in your home protected? There are so many further questions that relate to this so if you have any uncertainty about your answer, you need to seek the right professional help as I see quite often that things have been missed or over looked.
Here’s a question about your business assets and how you own them. I see to many times where people have their operating business via their company, but then they hold other assets such as shares, property within the same entity, but even scarier is people have their employees operating out of the same entity. That’s a huge amount of risk you have left yourself open with if an unforeseen event was to occur. Get a second opinion, it’s worth its weight in gold, especially if it protects your assets, you know the hard work you’ve put in to create your current wealth. Is it worth saving a few dollars upfront but leave you potentially 100% financially exposed? Would you want to start again to create your wealth? – One would think not.
It all comes down to if the worst was to happen what outcome you would want to occur. Do you want to be able to maintain your mortgage payments and bills? Would you want a lump sum payment if you became totally disabled? Do you require a lump sum payment if you suffered a trauma condition and you had to pay for special treatment that is not covered by the government? If the worst was to happen would you want all your debts paid off and money left over to provide for your family if you were no longer here? There’s so many questions to help identify what your needs are. It all comes down to what level of risk you’re willing to accept and what risk you won’t accept.
Generally speaking a company will cover you for these activities, however you will either have various options such as 3 month waiting period for income protection and you may be offered a 25% loading to your policy so you can maintain the waiting period you nominated which maybe only 1 month. If you ride dirt bikes, there’s every chance you won’t be covered. Another example could be that you decide to try parachuting years later after you took your policy out. You would generally be covered in this instance as you were not involved with this pastime at the time you commenced your policy.
Just because you have a health issue doesn’t mean you can’t get insurance cover. Your health will be reviewed and determined by an underwriter if they can offer you cover. You may be offered terms where you’re not covered for your health issue, such as your knee due to multiple knee reconstructions, but you are covered for everything else. You would be informed by the insurance company before your policy was to commence so you know your terms upfront.
Great question, but the answer is if you have ceased smoking for 12 months, you can apply to have your policy changed to a non-smoking status. If you are a non-smoker and start smoking later in life, your policy will still be deemed as a non-smoker as you were not smoking at the time you established your policy.
- Our fees depend on the complexity of the advice you require:
- Straightforward advice (e.g., superannuation review, simple portfolio advice) typically involves lower fees.
- Complex advice (e.g., multi-asset class investments, advanced tax planning, estate planning, asset protection for HNW clients) carries higher fees due to the associated expertise and time involved.
Final fees are determined after an initial discovery process and upon agreement to proceed. If you are unsure where your situation fits, please contact us for a personalized consultation.
Certainly. One common complex case involved a client who had not reviewed their super portfolio or financial situation in years. We helped them:
- Define realistic retirement income goals.
- Optimize their superannuation and implement tax-efficient strategies.
- Review and refinance loans to secure better rates and accelerate repayments.
- Develop a personalized investment strategy for growth.
- Update insurance coverage to reflect their current needs.
- Establish real estate and estate planning structures for asset protection.
This integrated approach created a comprehensive plan tailored to their unique circumstances.
If your financial situation involves multiple income sources, significant assets, intricate tax considerations, or estate planning needs, you may benefit from our high-net-worth advisory services.
If your needs are more straightforward, such as a super review or basic investments, our standard advice service may be appropriate.
If uncertain, we encourage you to reach out for an initial discussion to help determine the best path forward.
We understand that every client’s situation is unique. Please contact us directly using the Contact Page or call us at 1800 826 240.
We will happily provide personalized answers and guide you through the next steps.
You may save money now but will you save when you’re expecting a lump sum amount of cover or a monthly benefit for income protection at claim time. The saying goes; you pay for what you get. Make sure you seek a professional who can guide you to a policy that best suits you and not a policy that fine print say
You may save money now but will you save when you’re expecting a lump sum amount of cover or a monthly benefit for income protection at claim time. The saying goes; you pay for what you get. Make sure you seek a professional who can guide you to a policy that best suits you and not a policy that fine print says…aThis may very well be the case, but have you sat down and worked out exactly what level of cover you require? To know the appropriate level of cover you require to suit your needs, an adviser will help you see things from a different perspective asking you all the right questions to determine what needs to be insured and what doesn’t. This will give certainty around what meets your needs if the worst was to happen.
There are two premium structures being stepped and level, stepped premiums will go up every year we get older. Level premiums will be more expensive initially but will remain constant throughout the term of the policy. This is a better cost effective option if you are going to maintain your policy for longer than 10 years. The savings could be thousands.
You generally have the option to amend an existing policy from a stepped to a level premium with a retail product.
It’s a fair statement, the reality is that depending on what specialist you see and where you receive treatment, will come with different costs and different levels of what your health provider will actually cover. This doesn’t mention the costs you may be faced with if any medication was required. For example prostate medication is no longer on the PBS Scheme, so you would have to foot the total bill.
We don’t plan on having these events, however a trauma event could end up being a financial burden on you and your family. No one want’s a second mortgage to recover their health!
Generally speaking you don’t need a medical. The only times a medical will be required is if you have applied for a high level of cover and the insurance company wants to make sure your healthy to insure you. Another reason may be because you have high blood pressure or can’t remember your last reading; due to this the company will want an updated reading to confirm it is being managed.