From ordering pension forms through to pre-populating deed updates, the Partners Online Document Service allows you to completely streamline the way you order, update and manage your clients’ documents.
Since 2003 Partners Wealth Group has been the trusted partner of leading accounting practices for a comprehensive range of business and financial planning services.
Our in-depth expertise in legal, commercial and financial services enable you to access a wealth of knowledge and unlock new possibilities for your clients.
When you partner with us you can choose from four different working models depending on the style of your practice and how you like to work with your clients.
Referring your clients to Partners Wealth Group is just like taking care of them yourself. We will assign you a dedicated team of specialists to provide your clients with the highest calibre financial planning advice, backed by a commitment to service.
You can add additional services, such as marketing support and client seminars to help you grow your business. You will receive regular client progress reports and take part in joint client presentations to help keep your clients informed and engaged.
For a deeper level of engagement that includes a fee sharing arrangement, we have a partnership program which helps diversify the income streams of your practice by rewarding you for your time invested on your clients’ needs.
You can choose to set up a full service, financial planning business within your own practice as a joint venture with Partners Wealth Group. This model allows you to set up the business from scratch with minimal initial investment.
A Limited AFSL licensing for Accountants agreement allows your authorised representatives to continue operating in the SMSF space in much the same way as they could before under the “accountants exemption”. By operating under this limited license, you will be able to continue to advise SMSF clients on critical issues such as:
To discuss how we can work together with your practice, contact Chris D'Astoli today on 0437 552 457.
The ATO has released Practical Compliance Guidelines PCG 2017/5 to provide much needed clarity about the process that SMSF members and trustees need to follow to comply with the $1.6M transfer balance cap
As the end of financial year approaches, you need to know the key superannuation considerations your clients need to make prior to 30 June 2018.
Events outside of our own control occur all the time. Although we place plenty of emphasis on our entry into a business, very often this emphasis peters out when we begin to consider an exit strategy.
One of the major superannuation changes coming into effect from 1 July 2017, is the lowering of both the concessional (pre-tax) and non-concessional (after-tax) contribution limits.
We live in a dynamic world where the evolution of technology impacts our daily lives; client expectations and scrutiny on the products and services you provide are ever-increasing.
Client expectations and scrutiny on the products and services you provide are ever-increasing. This changing climate brings challenges and risks to your business that was once not thought possible.
The CGT relief allows trustees to elect to reset the cost base of assets that will no longer be eligible to support tax-exempt superannuation income streams from 1 July 2017 to their market value.
The ATO has confirmed that it will no longer accept methods for calculating ECPI, particularly when it comes to a SMSF that has switched from unsegregated to segregated during the course of the financial year.
The latest SMSF Benchmark Report for the December 2017 quarter examines SMSFs in pension phase. Key outcomes of this report show that pension SMSFs make up half of the 600,000+ SMSFs.
Time might be running out to take appropriate action to bring your clients under the Transfer Balance Cap before 30 June 2017.
The importance of reviewing existing SMSF documentation is more important than ever. The super reforms have placed particular importance on estate planning considerations and death nominations.
The 30 June 2017 SMSF changes impact on your clients’ Estate Planning strategies.
The ‘downsizer’ contribution comes into effect from 1 July 2018 and allows those eligible to boost their superannuation savings, without the need to satisfy normal superannuation contribution eligibility criteria.
The government has released new draft legislation addressing concerns over the potential for SMSF members to use Limited Recourse Borrowing Arrangements (LRBAs) to circumvent their contribution caps
Autonomous driving promises more fluid and safe travel and could lower travelling costs. Such a saving would trigger a major shift in consumer-spending patterns, while upending industries.
The super reforms have seriously disrupted our ability to ‘set and forget’ estate planning strategies where SMSFs are involved.
While there were only two significant changes announced in last weeks’ Federal Budget, there is still time to take advantage of changes that were delivered last yea
Federal Government introduced the First Home Super Saver Scheme, in response to the increasing number of first home buyers finding it difficult to enter the property market. So how does the scheme work, and should it be on your clients' radars?
With the continuing advance of technology in accounting software, it is no longer a valuable spend to have a Bookkeeper just enter data – a lot of that can now be automated.
The Federal Government revealed plans to change the SMSF audit cycle in a bid to reduce the red tape and compliance burden for SMSF trustees where suitable.
Many people know that when you die without a Will, your estate is distributed according to a formula contained in legislation, but did you know that the legislation in Victoria changed on 1 November 2017?
In the good old days, superannuation was like the Magic Pudding, a much-loved classic written and illustrated by one of Australia’s greatest artists, Norman Lindsay.
Let's talk about Super Proceeds Trusts (SPTs) a simply a trust established by will or by deed solely to receive superannuation proceeds on the death of a fund member.
Last week, the government secured the largest tax cuts in Australian history to come into effect from 1 July 2018.
Have your clients considered what happens to their digital assets when they pass away? Do they know the value of their digital estate? Partners Legal outline some important considerations for estate planning
Earlier this month the Australian Government released a consultation paper containing proposed amendments to LRBA legislation. If successful, the proposed amendments would come into effect from 1 July 2018.
It is important to review any superannuation funds that have limited recourse borrowing arrangements financed using related party loans operating within the ATO’s safe harbour terms.
The Federal Government will introduce significant reforms to Australia’s corporate and personal insolvency laws this year following the commencement of the Insolvency Law Reform Act 2016 (Cth).
From 1 July 2018, SMSFs with members who have over $1M total superannuation balances will have to report transfer balance cap credits and debits within 28 days after the end of the quarter that they occur in.
The ATO has recently come out with the reporting requirements for the transfer balance cap for funds paying ‘retirement pensions’.
Faced with the incoming Super Reforms, 2018 was a year of change for the accounting industry. As a result, many of you may have changed to new SMSF administration software to help you keep up with the changes, and shifting client expectations.
A judgement released earlier this year from the NSW Court of Appeal has the SMSF industry talking.
We have recently received questions around SMSF residency rules and what funds need to do, in order to remain compliant.
There has been a lot of discussion lately regarding the changes to the absentee owner surcharge under the Land Tax Act 2005 (Vic) and the stamp duty surcharge for foreign purchasers under the Duties Act 2000 (Vic).
We thought it timely to explore the ethical requirements of outsourcing work to overseas providers, either by sending data or allowing access to data hosted in Australia.
From 1 July 2018, all SMSFs must report events that affect their members' transfer balance cap either annually or quarterly.
With the super reforms resulting in a lot of pre 30 June advice requirements for your clients, we are now operating under the new regime.
With 30 June 2018 fast approaching, many advisors and tax agents have been continuing to grapple with the superannuation changes.
There is only five months left for your clients to review their superannuation affairs and ensure they are best positioned to receive the maximum benefits from 1 July 2017.
The Australian Government released a consultation paper containing proposed amendments to TRIS legislation, which if implemented would be backdated to 1 July 2017.
SMSF trustees have utilised reserves for many purposes over the years, whether it be for investment smoothing, strategic purposes or anti-detriment.
Let's discuss what we can do for you.