Our Services
Superannuation
For most of us, superannuation will form an important part of our retirement income.
Police & Nurses Financial Planning can help you make the most of your superannuation.
- We can help you navigate the complex rules on preserving and accessing superannuation benefits
- We can advise on your superannuation options if you change jobs or are made redundant. Depending on your individual situation, rolling over superannuation assets may not be the best option.
- We will work with you to develop strategies to boost your superannuation savings
Retirement Planning
Planning early will help you get the most out of your retirement and achieve your lifestyle goals. If possible, we recommend starting at least five years before your planned retirement date.
The Government’s objective is to provide a full pension only as a safety net for those in real financial need. With proper planning you can generate your own retirement income and supplement it with the social security allowances and benefits that you are entitled to receive.
Approaching retirement it’s important to work out how much money you already have in retirement savings and how much you will receive in retirement payments.
It is likely that your retirement funds will be made up of:
- Your superannuation
- Money from your employer – such as a retirement lump sum
- Other assets you have accumulated outside superannuation, such as investment properties, shares and managed funds
Life Insurance
Have you ever wondered what would happen with your home loan repayments and other financial commitments if something happened to you? You can avoid financial burdens caused by death, illness or injury by protecting yourself with life and income insurance.
At Police & Nurses we understand that getting the right type and level of personal insurance cover is vital for our members, however having to work your way through the numerous products, policy options and features available can be a daunting prospect.
Your Police & Nurses Financial Planner can help guide you through the process to identify the type and level of Life Insurance cover that best suits your personal circumstances.
Types of cover available at a glance:
Life Insurance
- Pays a lump sum benefit on death or terminal illness.
- Can be used to eliminate debt and help fund your family's ongoing living expenses.
- Optional Total and Permanent Disablement (TPD) Cover and Trauma Cover can be added.
Total & Permanent Disability Insurance
- Pays a lump sum if you suffer a permanent disability (according to policy definitions) that prevents you from working.
- Payments are generally not made until the disability has been evident for a period of six months, and until the insurer deems that you are unlikely to work again.
- This type of cover is an optional extra offered by most life policies.
Trauma Insurance
- Pays a lump sum upon the diagnosis of a specified injury or illness.
- Cover is specific to a range of injuries and ailments such as heart attack, stroke, cancer and coronary artery disease (according to policy definitions).
- This type of cover is an optional extra offered with most life policies or can be bought as a separate policy.
Income Replacement Insurance
- Replaces up to 75% of your average annual income as a monthly payment if you are unable to work due to illness or injury.
- You can nominate when payments commence and the period the benefit will be paid for.
- Premiums are fully tax deductible for most people.
Find out more
For further information about Police & Nurses Financial Planning, or to make an appointment with a financial planner, contact us on 13 25 77 or submit an online enquiry.
To view our Financial Service Guide please click here.
Legal Information
Unless otherwise expressly stated to the contrary, this website is not designed for the purpose of providing personal financial or investment advice. Information provided does not take into account your particular investment objectives, financial situation or investment needs. You should assess whether the information on this website is appropriate to your particular investment objectives, financial situation, and investment needs. You should do this before making an investment decision based on the information on this website. You can either make this assessment yourself or seek the assistance of your financial planner.
Police & Nurses Financial Planning Pty Ltd ABN 21009245194 AFSL 237507. Police & Nurses Financial Planning is a majority owned subsidiary of Police & Nurses Credit Society. Monies invested with Police & Nurses Financial Planning are not deposits with the Police & Nurses Credit Society. Police & Nurses Credit Society does not guarantee the obligations of Police & Nurses Financial Planning.