May 2021 Newsletter

With 30 June approaching, this month’s newsletter includes a number of useful planning considerations and quizzes to help guide you and improve your financial circumstances.

We have also included company announcements and client reminders that are important for all Bellwether clients to review. If you have any questions or concerns please don’t hesitate to contact us at 08 9225 4462 or respond to this email.

Internal Business Restructure

We wish to advise that Bellwether has undergone an internal business restructure and a new business entity called Bellwether Perth CBD Pty Ltd has been established. You will begin to see our new company name on future correspondence. Please be assured this change will have no effect on any superannuation, pension, investment or insurance policies you have with us. The reason for the change is to separate our business from our licensee and this not have any affect on our clients – you can still expect the same services and high level of professionalism from our entire team.

Reminder: Minimum Pension Payment Reset

The temporary 50% reduction to minimum payments from Account Based Pensions ends on 30 June 2021. For those currently participating, your payments will increase to the full minimum amount from 1 July 2021.

End of Financial Year Planning

Lastly, with the end of financial year fast approaching, it may pay to look at strategies to boost your superannuation and perhaps receive some personal tax benefits.

This year the Concessional Contribution limit is $25,000 (including your employer Superannuation Guarantee Contributions) and therefore, you may have scope to top-up to the limits. If you have not reached the $25,000 limit in the last few years, you may also be able to ‘catch up’ on any unused contributions and contribute more than the $25,000 limit! This is a good strategy to consider if you have had a high income year.

Please contact your adviser to discuss your eligibility. 

Be aware that if you intend to make a contribution via cheque, many superannuation funds will need to have received this a few days prior to the June 30 deadline, ensuring proceeds are cleared in time.

Thank you, and we look forward to continuing to bring order to your finances, build stability and help you make the most out of life.

Kind regards,

The team at Bellwether Financial Group

Newsletter Articles

EOFY planning for the 2020-2021 financial year

With 30 June coming up, please consider putting aside time to review your personal finances—and take action, prior to this date, if appropriate. In this article, we provide EOFY planning tips.

Read More

Investing: Asset classes animation

We all tend to invest in either one or more of the different types of asset classes to help achieve our financial goals. In this animation, we illustrate the characteristics of each asset class.

Launch Video

Financial wellbeing: Financial literacy quiz

When it comes to achieving financial wellbeing, financial literacy plays a key role. In this article, we have put together a quiz to test your knowledge across various areas of your personal finances.

Read More

11 key tax facts about superannuation

From a wealth accumulation and cash flow generation perspective, super is widely considered one of the most tax-effective investment structures. In this article, we cover 11 key tax facts about super.

Read More

COVID-19: Health, wellbeing, lifestyle & finances

In April 2020, 1 in 3 household’s finances worsened. This Australian Bureau of Statistics video covers the impact the COVID-19 pandemic has had on our health, wellbeing, lifestyle and finances.

Launch Video

COVID-19: Jobs, industry & the economy

In April 2020, underemployment hit a historic high of 13.8%. This Australian Bureau of Statistics video covers the impact the COVID-19 pandemic has had on our jobs, industry and the economy.

Launch Video

 

 

 

Corporate Documents

CPD Policy
Financial Services Guide - Martin Watson
Financial Services Guide - Stephen Davies
Privacy Policy

 

© Bellwether Financial Group

Bellwether Financial Group Pty Ltd
ABN 56 607 274 411 AFSL 479993

 

 

 

 

Address

Level 20 Exchange Tower
2 The Esplanade Perth WA 6000

PO Box Z5393 St Georges Tce
Perth WA 6831

 

Contact us

Monday - Friday
9am - 4.30pm

08 9225 4462
or 1800 236 652

Email us at:
admin@bellwetherperthcbd.com.au