Financial Advisers Australia (FAA) offers an Employee Benefit Program to all companies in Australia no matter your size.
Do you want to offer your employees more benefits at no cost to your business?
What is it?
FAA will provide staff every month at every work-site to provide financial advice and assistance to all of your employees. We are able to offer them a large range of financial services, which are outlined below.
During these attendances we will provide each employee the opportunity of a FREE one hour appointment to assist them in assessing their individual financial situation and provide advice and options in a number of specific areas.
The employee benefit program is available at no extra charge to you the employer. We are also able to work with each organisation to create an income funnel back to your company. Does this sound too good to be true? Contact Financial Advisers Australia on 5451 0022 or email admin@faa.net.au and we can come to you to explain how the Employee Benefit Program can benefit you and your employees.
Why should you consider the employee benefit program with Financial Advisers Australia?
- It is provided at no cost to the employer
- It will help you to offer your staff great benefits and can help with staff retention
- We can set up an income funnel to the employer based on the work completed
FAA tailors our service to the specific needs of your business, from the beginning, we work with you and your team to make sure we always provide the best range of products and services for your organisation and staff.
Currently the majority of your staff will have no-where to go to have an independent unbiased assessment on the majority of their financial needs and situations. We are proposing that we are able to offer this service free of charge to all the staff you represent. From their assessment we will be in a position to provide the gateway to a huge range of companies and services for the employees. We are not tied to any brand or particular service provider and so we are able to provide unbiased advice.
Brief Description of the Services Employees will be able to package
Salary Packaging Assessment and Administration:
Financial Advisers Australia (FAA) is a salary packaging administration bureau. This means that we are able to outsource the administration of all of your salary packaging needs throughout Australia.
In simple terms salary packaging is a legal way to bring money around the tax man. We will spend the time working through and explaining in logical terms how salary packaging works and the benefits available to your employees. We often use diagrams to explain in simple terms each of the benefits on offer for each person individually.
We will assess each employee's salary packaging arrangements to ensure they are maximising the available benefits and identify ways in which it can be improved in their individual situation. We are able to organise and provide all documentation for the employee to implement or amend their salary packaging.
We can arrange salary packaging for your employees loan repayments, rental payments, debit cards (expense payments / bills) and various other items.
Novated Leasing:
A Novated lease is a is a three-way agreement between an employee, their employer and their finance company to lease a car for the use of the employee. We can also:
- Do an assessment of the net cost to an employee of what it would cost to have a Novated lease done and provide as many examples as each employee requires.
- Organise the finance/lease for each employee.
- Assist and organise the procurement of their new or used vehicle if required.
- Manage the expenses for the running of the motor vehicle.
- Provide ongoing advice whenever required for the life of their Novated Lease.
- Plus many other services generally provided by salary packaging a vehicle through a Novated Lease.
Superannuation Assessment:
We will assess each employee's Superannuation situation and provide the necessary calculations to identify the long term results of either increasing or decreasing their contributions. We will place your staff in an informed position to make informed decisions in this area.
Cash Flow Assessment:
We can work with your employees to evaluate how they currently operate their finances and identify ways in which it can be improved to suit the individual situation. We are able to identify how to manage their money efficiently. This is one of the most basic areas that needs to be right to be able to get ahead financially and achieve personal goals. This assessment is entirely dependant on the individuals financial situation so it is important to acknowledge that one size does not fit all.
Retirement Planning Assessment:
FAA can look at your employees individual situation, consisting of Assets, Liabilities and Superannuation, to identify what their position will be when they are considering retirement. We are able to put in place strategies if they are not happy with the expected outcome. This is important for people of all ages to consider because if you, 'fail to plan, you plan to fail' and it is never too early to start planning for a successful retirement.
Life and General Insurance Assessment:
We can discuss what types of insurance your employees already have in place, and what other areas need protecting, but currently are not. FAA is able to explain the different types of insurance that are available and provide a number of options.
Home and Personal Loan Assessment:
At FAA we are independent and can assess the employees current home and personal loans to ensure they are using the most appropriate loan. We are able to assess their liabilities and identify and educate them about the most appropriate structure/s or products available. We are further able to provide debt consolidation advice where required, which can also include credit cards.
Estate Planning ‐ Wills and Enduring Power Of Attorney’s:
FAA can assess their Wills and Enduring Power of Attorney's to ensure that these documents are current and meet with their wishes in the event of unfortunate circumstances. Having an up to date Will and an Enduring Power of Attorney is important to ensure that your employees wishes are fulfilled and to remove ambiguity and provide peace of mind.
Annual Tax Returnscompleted:
We are able to professionally prepare and lodge tax returns. We are also able to look at previous tax returns and ensure you received your full entitlement and did not pay too much tax.
Tax Planning Advice:
We can discuss, identify and prepare strategies to legally reduce the amount of tax your employees are required to pay each year and in most cases assist in better retirement planning.
Investment Strategy Advice ‐ Securitised & Property:
We are able to provide advice on both securitised and direct property investments as an Authorised Representative of Morrison Carr. We are able to provide education and options about investments by looking at your employees individual situation.
Financial Planning Advice:
We are able to prepare and present Licensed Financial Planning Advice through our affiliation with various accreditation specialists. The plan is a great way to have all of your financial needs looked after at one time to make sure they are working for you.
Savings Plans for first home buyers:
Unfortunately in today's society most people struggle to save for their first home, we however have developed a range of savings plan models which do work and can easily be implemented. Not only do we provide the plan, but we provide the review and monitoring process to ensure that each person has the best chance of succeeding that they possibly can.
Email Query Service:
FAA provides a free email query service on all financial matters. We have a one business day level of response because we realise your time is important to you. Through our website people are able to request an appointment and ask questions.
The FAA Promise:
Family members and partners are encouraged to attend and participate in each appointment.
We are able to provide examples of the Employee Benefit Program upon request.
The initial consultation and the information provided to you is free of charge. If it is beneficial for you to proceed with any of the options provided to you, the fees will be discussed with your during your appointment. Until such time you advise us you would like to proceed, there is no cost to you, and the appointment is obligation free.
Please call or email us as admin@faa.net.au for a free no obligation appointment to talk about how the Employee Benefit Program could benefit your company and your employees.
