The funny thing is money, on the one hand, can get us excited or give us a real sense of achievement (think reaching a savings goal). On the other hand, it’s something we tend to keep to ourselves. Whether our finances are in great shape or need a bit of TLC, talking about it openly with a partner or loved one could help you share your experiences and align your financial goals.

Why we don’t talk about money

There are all sorts of reasons we don’t discuss money, and the psychology behind it is different for each of us.

Some of us had it drummed into us at an early age. Remember Gran telling you it was rude to talk about money? Well, her advice should have come with a few caveats.

Another reason is that, for many of us, our sense of self and success is wrapped up in how financially successful we are. So we play our cards very close to our chest. It’s also why we see people falling into the trap of using money they don’t have to project a false, more successful ‘version’ of themselves.

When we should be talking about money

Some things are best kept to yourself (like your PIN!), but there are circumstances where you could really benefit from an honest discussion about your finances. Here are a few examples:

• In a relationship? Talking openly about your finances with your partner could help you align your goals and pool your knowledge.
• Worried about your finances? Opening up to a close family member could help you regain psychological control of your situation.
• Planning for the long term? Talking to a licensed financial advisor about what you want to achieve could help you set achievable goals for the future.

Getting the conversation going

Once you’ve decided to have the chat and choose a trusted person to talk to, here are three steps that’ll help you make the most of your time:

• Decide what you want from the conversation. Do you want advice, help or just someone to talk things through with?
• Share your feelings. If you’re feeling overwhelmed or worried, say so.
• Focus on outcomes. Try and walk away from the conversation with a positive change you can move forward with.

So there we are. Opening up about your finances could be a great help, but remember – your financial information is private, so treat it with care. You can still discuss goals, share hints and tips, and get advice without revealing sensitive information.

Do you need a go-between, someone who can help you start the money conversation? Chat with the JBS Financial team, and let us see how we can help you.

Source: ING

For most Australians, retirement planning is a financial exercise. If you have done the ‘right’ things, contributed to your superannuation and accessed quality advice on managing your nest egg, then you’ve taken the first steps towards a successful retirement.

However, it is far too easy to think of retirement as a financial number you achieve and an extended holiday. This approach is fraught with danger and misses a crucial part of preparing for your new circumstances.

You should consider several key areas as you create your retirement life. 

1. Understand what kind of life you want

Far too many pre-retirees make the mistake of thinking that the financial and retirement plans are the same things – that the life part will take care of itself.

This stage of your life deserves a more holistic look, and plan to understand what you want your life to look like. What changes do you anticipate as you navigate retirement? How will you get the most out of each and every day?

These are important questions as you contemplate your move into this next phase of your life.

2. Mental & physical aging

Healthy aging is a major part of your retirement plans and lifestyle.

While the aging process is normal and affects us all in different ways, there are some things that we can all do to ensure that we “put time on our side” by looking after ourselves.

Most people think that being healthy physically is the key to healthy aging. In retirement, healthy mental aging is just as important (some say even more so). Keeping yourself mentally active each and every day will ensure you nourish your mind to maintain your mental health. Engaging in the many options available to keep you physically active will support your overall well-being by maintaining your mind, body and soul.

3. A positive definition of ‘work.’

Even when you leave the traditional workplace, you will still have a need to share your workplace strengths and skills. If you have a positive attitude towards the workplace, then the desire to have a retirement free from any kind of work becomes irrelevant.

Work doesn’t have to be full-time, it doesn’t have to be something you don’t like to do, and it doesn’t even have to be for pay! Many retirees use volunteering as a way to replace the things they miss most about their previous work.

The grey army is recognised for its value in today’s society and often fills the workforce gaps due to a skills shortage.

4. Family & personal relationships

Our close personal relationships define us, give us a purpose for living and encourage us to create life goals.

In retirement, our friendships and close relationships may offer us the validation that we may have received in the workplace. Researchers have found that people in satisfying personal relationships have fewer illnesses and higher levels of good overall health, adding to your retirement enjoyment and years of your life!

5. An active social network

As you get older, your social support network becomes increasingly important.

Successful retirees generally have robust social networks that provide them with friendship, fulfilling activities and life structure. As part of your retirement plan, consider the important connections you have created and what you can do to continue growing your social network.

6. A balanced approach to leisure

We all enjoy leisure time, but things change when leisure becomes the central focus of our day-to-day life. By its very nature, leisure loses its lustre when it is the norm in our life rather than a diversion.

In retirement, leisure activities often replace workplace functions to meet our basic needs. Successful retirees balance their leisure over many different activities and take the opportunity to do new things and not get into a rut.

When assisting clients through the transition to retirement, we encourage clients not only to consider the financial aspect of retirement and what lifestyle areas to explore for a fulfilling retirement. You can have all the money in the world. However, your retirement may not reach the heights you had hoped for without a plan to achieve it.

Speak to the JBS Financial team to discuss your plan for the life you want to live in retirement.

Jenny Brown – CEO

We all need a little boost to help us grow and manage our money.  Sometimes the hardest part is knowing how much we are saving and sticking to a plan. Some people love to track all their transactions on a spreadsheet and have little room for movement; others just wing it and kind of know what they should or shouldn’t be spending each week.  There is a number of tools to help you with your budget including apps to track everything down to that latte you had or that must-have item you purchased online last week.

But how far do you need to go to get somewhere with your finances?

This gets down to you and what you need to help you track your progress openly and honestly. With so many options, tools, and strategies available, it comes down to personal preference and motivation.  I think, like with anything in life, the level of motivation or commitment you dedicate to your savings will determine your outcome.  If you don’t commit to your savings plan, your spending plan will take over.

The first step starts with knowing how much it costs to run your life.

This is the scariest and most confronting step of all.  Knowing where your money goes, what’s the biggest drain on your cash flow and where you’re overspending is a necessity.  From here you can then look at reviewing some of these costs.  Contact all your providers of regular necessities like your water, gas, electricity, insurance, etc and see what deals or discounts they can give you and look for alternatives.  Make a call to your financial planner to get them to review your personal insurance premiums and see if you can get a lower premium for the same, similar, or even better benefits.

Then it’s time to Start Saving!

There’s no such thing as the right time to start because expenses will always pop up, but with the right momentum and commitment just take a leap and jump in.

Here are a few tips we recommend helping to boost your sticking to savings commitment:

1. Separate Accounts – establish a separate savings account (ideally not attached to your internet or phone banking so you can’t see the balance).  High-interest accounts are usually the best way to go.  Compounding interest will help you build your balance faster.
2. Automate it – have either your employer split your salary payment each cycle or when your salary is paid in the bank, have an automatic transfer in place to move funds to your savings account. The less involvement you have, the easier it is to stick to.
3. Increase with pay rises – you are currently living off your income so any pay increase you receive in the future should be directed straight to your savings plan. This way you won’t miss it and your savings will build up faster (it’s okay to treat yourself initially with something nice to reward yourself for a job well done).
4. Always ask “Do I need it” – when buying something out of your normal routine, ask yourself, ‘do I need it?’ before you buy. Just stopping for that one second can really make the difference.  Sometimes we buy things on autopilot because it’s something we have always done.  But now you’re on a savings plan to buy that house, that car, that holiday, etc so do I need this or the car/ house/ holiday more?
5. Allocate some money to spend – We can’t save all the time but allocating some spending on a regular basis stops you from spending it all when you’ve saved up a nice lump sum.
6. Don’t call it a budget – A budget is generally seen as a restriction on your spending but if you think of it as a Savings Plan then it is more about your end result than what you can’t have now.  It’s the difference between saying you’re going on a new eating plan (sounds like you get to eat lots of new and different things) rather than a diet (which just screams restrictions).

Don’t get carried away…we don’t want you to become that person that buys a bulk supply of toilet paper to last the next 5 years because it works out to just 2 cents a wipe.  We just want you to get where you want to go.  You know and we know the key ingredient in all of this is… your commitment!

Do you remember when you were earning some cash from your first job and your parents said that you should save some of it?  If you had thought about it at the time, it would probably have been a good idea but in reality, we don’t tend to listen at the time but realise later in life we should have listened.  Here’s your chance now to get it right!

By sticking to your plan and implementing even just some of these tips, you might surprise yourself and that new car, TV or holiday might come around sooner than you think!

If you are struggling to get your savings plan in place, the JBS Financial team are here to help you get your savings (and spending) under control.

Jenny Brown, May 2022.

Is sticking to a budget the money magic wand that can sort out your finances, once and for all? Discover what budgeting can and can’t do for you and how to turn new budget habits into positive lifestyle changes.

What’s a budget for?

Knowing how to budget is one thing. But what is the real point of a budget and how can it actually help you change your behaviour and get a fresh financial outlook on life? In the simplest possible terms, the purpose of a budget is to move money from one spending category to another. Instead of shelling out $50 for lunch at work every week, you put the money towards a weekly date night with your partner. Or you cut back on your grocery bill to give yourself more to save towards a deposit for your first home.

What a budget isn’t is an overnight transformation from money worries to wealth and peace of mind, particularly if you have debts to pay off. It’s more a ‘fake it until you make it’ way of redefining how you naturally behave with money.

Learn along the way

At first glance, a budget can seem too transactional to be a tool for behavioural change. You set yourself some targets for spending less here, saving more there and do your level best to stick to them. To many of us, this can feel like a test we’re never going to pass with flying colours. There’s always going to be some reason to blow up the best budget intentions. It could be a surprise bill for car or home repairs, or a moment of weakness when your favourite label has a sale. Before you know it, spending in the household or clothes category has gone way over and you feel like a failure.

But before you throw in the towel, it’s really important to realise that learning from your budget failures is the key to actually changing your lifestyle and finances in some very important ways. Missing a budget category target gives you the perfect opportunity to consider what got you off track. Was it buying something on sale for your wardrobe that you really could have done without? If this is the case, you can acknowledge that opportunistic spending is a problem for you and come up with ways to resist temptation or avoid it altogether. If it’s the unexpected bill that threw you off, this is a great reminder of the reason for having an emergency fund to dip into. With a decent savings buffer up your sleeve, you can deal with the occasional surprise in your budget without it having an impact on other spending.

Positive pay-offs

Without those budget targets in front of you, these moments come and go. Your debts grow or your savings shrink but nothing really changes in how you think or behave about money. When you have a budget to follow, on the other hand, spending more than you planned to can trigger thoughts and conversations about the positive priorities in your life. What are you working towards? What will help you sleep better at night and reduce your stress? Is it worth doing things differently next time so you can meet your targets and get a step closer to your goal – whether that’s to be debt-free, travel the world, buy a home or pay for your kids’ education.

From rigid to routine

This really highlights how your commitment to a budget is something you need to keep making, week after week, month after month. When you feel like you’ve failed, it’s definitely not a reason to give up on yourself and your journey towards better money management. Instead, see it as a prompt to change your financial behaviour, one routine at a time.

This is the goal of a good budget – to push you to change spending habits a little at a time.  When you overshoot your target, you make adjustments to your normal routine so you can hit the bulls eye next time. And although it won’t make you rich overnight, it will make you question and change behaviour that has you spending your entire income each month.  Before you know it, having money leftover each month will become your new normal. As well as giving you more choice in how you spend that extra money in the future, you’re also getting peace of mind and less stress about money, here and now.

If you need help getting your good habits in place then it could be time for a meeting with the JBS Financial team.

Source: FPA Money and Life, May 2019

For the majority of us, leaving our office desks forever is something we can only imagine about as it’s so far away. For the luckier ones that are much closer to retirement, this can be a time of excitement and relaxation. Spending our days at the golf course or with our community groups, families and friends all day every day sounds like heaven on earth. The transition from full time work to full time play however may become unbearable.

Here are 5 facts about retirement that you should be looking at before retiring.

1 – Time – One of the first things our clients discover about retirement is that they have too much time on their hands with nothing to do. Playing a round of golf with mates, or enjoying a drink at the bar will only fill up a certain amount of time in the day and you can’t go doing the same routine day after day. Couples and singles alike will quickly become very unhappy once they run out of ideas on what to do with their time. Having ideas in your head on what to do in retirement is one thing; however actually doing them is another. Some experts are suggesting retirees have a day to day plan on what they want to do and even seek a therapist leading up to retirement. You will never be as busy as you were pre-retirement so it’s important to map out ongoing hobbies, part time work and social events before embarking on retirement.

2 – Retired husband syndrome – Many couples get very excited about retiring together, travelling the world together and spending intensive time together. If this is you then consider the fact that you and your other half may have been together for the past 30 years working full time. Aside from weekends and holidays, you never have to see each other for more than a couple of hours in the morning and night. Now all of a sudden you see each other 24 / 7 and may even start to discover that you can’t stand being together for a prolonged period of time. A great plan is ensuring each of you have your own hobbies, goals and friends. As my mother often said to my father “I married you for better or worse, but not for lunch”.

3 – Not having enough money to fund retirement – Once retired you might have the goal to travel, see the world and complete your bucket list, unfortunately you might not have the funds to do so. Travelling can become very costly. A single international trip can set you back a lot more than you’ve budgeted for. By the time your second trip comes around you may find that you don’t have enough funds anymore, so eating out may be out of the question and this year you won’t be able to travel overseas to see your grandchildren. By speaking with the team at JBS early on we can help prepare you and set realistic goals for your retirement, putting in allowances for those additional goals that you want to tick off your bucket list. This way at least you have a more clear expectation of what you can afford in retirement and prevent any nasty surprises once you’ve retired.

4 – Entitlement to social security – Depending on what year you were born, the Australian Pension Age is at least 65 but is gradually increasing to age 67. During retirement some retirees aren’t aware of what social security benefits they’re entitled to. Even if you are receiving funds from your Superannuation benefits, you may still be entitled to government age pension (subject to income and asset tests). We will help ensure you’re kept up to date regarding any social security payments you’re entitled to and consider how we can structure your wealth to maximise these for you.

5 – Losing your identity from not being at work – For those of us who are passionate about our profession, this becomes our identity. Anytime your friends or family think of Engineer, Accountant or Doctor, they think of you. So it’s no surprise that once you retire you may feel like you’ve lost your identity, which may lead to discontent and even depression. Without the daily interaction of your work colleagues, your mental and even physical health may start to deteriorate. Retirees who are not very active tend to decline rather quickly mentally and physically. Joining up to the local gym, taking up classes and just continuing to meet new people will have a longer lasting affect for you. After all, we all need something exciting to look forward to in the future.

If you are one of the lucky ones thinking about retirement, make sure you talk to the team at JBS so there are no nasty surprises. Remember good planning takes time.

Introduced as part of the 2017-2018 Federal Budget, the First Home Super Saver (FHSS) scheme aims to make housing more affordable for first home buyers. Essentially the FHSS scheme allows you to save money in your super fund that will go towards your first home.

If you are making either concessional or non-concessional contributions into your super fund, you will be able to apply to have your voluntary contributions, as well as associated earnings, released to help you purchase your first home. Since your concessional contributions are taxed at 15% as opposed to your marginal tax rate, the FHSS scheme can be an effective tool in helping you save for your first home.

When making a withdrawal from super to help purchase a home, you are able to withdraw total voluntary contributions of up to a maximum of $30,000 across all years, with a maximum of $15,000 from any one financial year. The contributions are ordered by a first-in first-out approach. For example, Joe has made $10,000 of eligible non-concessional contributions each of the past 3 financial years. He finds a house he would like to buy. He can withdraw a total of $30,000 to purchase the house as each year he has stayed within the maximum of $15,000 per year. If Joe had made eligible non-concessional contributions of $20,000 and $10,000 in the past 2 financial years, he would be limited to only withdrawing $25,000 (maximum of $15,000 from the first year and $10,000 from the second year).

Once your first FHSS amount has been released to you, within 12 months you must do one of the following:

– Sign a contract to purchase or construct your home – you must notify the ATO within 28 days of signing the contract
– Re-contribute the assessable FHSS amount (less tax withheld) into your super fund and notify the ATO within 12 months of the first FHSS amount being released to you.

There is a strict set of criteria you must satisfy in order to be eligible for the FHSS:

– You must be at least 18 years old when you request a release from your super account
– You must never have owned property in Australia (this includes investment property, vacant land, commercial property, a lease of land in Australia or a company title interest in land in Australia).
– You must not have previously requested the Commissioner of Taxation in Australia to issue a FHSS release authority in relation to the scheme.

You may be eligible for the FHSS even if you do not satisfy the above conditions. More details of this can be found here.

There is also criteria on what you cannot purchase through the FHSS and these include:

– Any premises not capable of being occupied as a residence
– A houseboat
– A motorhome
– Vacant Land

One thing to note is that just because it can be done, doesn’t mean that every super fund offers it so if you believe you are eligible and would like to explore it further, it would be worthwhile contacting JBS.

The holidays are great time for families and friends to get together to enjoy the warmer weather and sunshine together. However, this time of year is also when spending can go a little overboard and people end up with an overwhelming credit card debt.

Below are a few ways to get yourself back on track this New Year:

Sell, Sell, Sell
Selling items you no longer use is an easy start. You can make a dent in the amount you overspent during the holidays and you can also make a jump on decluttering your house. Try to sell in local areas to reduce the cost of shipping items. By grouping items together such as 10 x books or bag of kids clothing size XX for a set price reduces the time you spend advertising items and increases the chance of a quick sale.

Eliminate non-essential items
Small inexpensive items add up over the month. If you don’t purchase that morning coffee or afternoon soft drink you could potentially save yourself between $150-200 a month. Consider cheaper alternatives like taking your coffee with you in the morning and making your lunch the night before.

Stop Shopping
This time of year can be tempting to purchase in the post-holiday sales, but if you are already in debt you cannot afford the items no matter how good the deals are. Unsubscribing from e-newsletters offering sale items is a great place to start, if you don’t see the deals you can’t buy them. Ensure you don’t do your grocery shop when you are hungry and take a shopping list so you don’t impulse buy.

Make this year’s financial hangover the last, contact JBS today and we can help you give your finances that bright New Year feeling.

Offset vs Redraw

When it comes to choosing a home loan, we often simply choose the one with the lowest interest rate. However one thing we should take into account is whether the loan has an option to add an offset account or not.

What is an offset account?

An offset account is a bank account attached to a loan that ‘offsets’ the loan balance. It does not earn any interest but instead reduces the interest payable on the loan.

For example, if you have a $300,000 loan with an interest rate of 4%. The interest payable on the loan is $12,000. If however you had an offset account with a balance of $50,000. The interest payable is calculated on a balance of $250,000 ($300,000 less $50,000) so $10,000.

Note that if instead you paid this $50,000 into the loan then the total loan would also be $250,000 and the interest payable would also be $10,000. The advantage of having an offset however is that the $50,000 is in a bank account and therefore can be withdrawn very easily.

Why not just pay money into the loan and then use a redraw facility?
Having a redraw facility on your loan gives you the option to redraw the extra money you’ve paid into the loan giving you the same flexibility as having an offset account. There is however 1 key difference. When utilising the redraw facility, you are paying down the loan and redrawing whereas with an offset account, you aren’t actually paying down this loan.

So why does this matter? Tax law dictates that the tax deductibility of a loan is determined by its purpose. So if the purpose of the loan was to purchase an income producing asset, then the interest becomes tax deductible. If the purpose of the loan is to go on holiday, the interest is not tax deductible. This is where an offset account shines.

For example, let’s take a $500,000 loan which was initially purchased to buy a home. 10 years down the track, you’ve paid off $100,000 so the loan is now $400,000. You redraw that $100,000 to purchase a new home and borrow an additional $500,000, with the plan to turn your existing home into an investment property.

In this scenario while the initial borrowing amount was $500,000 once you’ve paid it down, only $400,000 is being used to fund the now investment property and is hence tax deductible.

In a separate scenario, you utilise an offset account. You have a current loan of $500,000 with an offset account of $100,000. You then withdraw the $100,000 from the offset account and borrow an additional $500,000 to purchase a new home. In this example the loan for the new home is $500,000 instead of $600,000 however the loan on the investment property is $500,000 instead of $400,000.

By utilising an offset account, even though your total loans are the same, your tax deductible loan is $100,000 more which will provide you with more tax deductions (and hence less tax payable) than if you used the redraw facility.

What are the pitfalls?

An offset account is a bank account and can be easily accessed. This is the offset accounts greatest weakness. If you are the kind of person that struggles to save money or can be tempted by large bank account balances you may find yourself using the offset money to purchase a new car, go on holidays etc. as you will have large cash amounts easily available to you. In contrast, a redraw facility adds that extra step which may stop you from accessing those extra mortgage payments. So while you are thinking you are paying down the loan quickly using an offset account, yes you are reducing the interest payable, however the loan is not getting paid as fast as you may think as you continue to redraw the funds for personal spending.

Selecting a loan

Interest rates aren’t the only thing we need to consider when selecting a loan. We often need to consider the features of the loan. However, features aren’t everything, and they may be features that we do not need and a cheaper loan may be better suited. It is always advantageous to speak to an expert, where they can determine your needs and recommend a product that best suits. An offset account is only one feature. There may be other features that better suit your circumstances or a simple loan with the lowest interest rate may be the best.

If you would like to speak to a loan expert to make sure your loan is the best one suited to you, please call us on 03 8677 0688 and we will happily refer you to an expert.

My partner and I have always taken it upon ourselves to build towards our family’s financial future. Having a roof over our heads and bills paid was one thing but we also wanted savings put aside each week for a rainy day, some savings in the kid’s bank accounts and back up plans for unexpected life events. From time to time I get asked how we’re able to have a mortgage, with 2 kids and think about saving all with me being the only one working. I simply explain that it all comes down to planning well before committing ourselves to any major long term commitments. Then it’s just a matter of defining the steps required and sticking to our guns.

Before we bought our home we decided that it was important to set out the financial ground work regarding what we needed to do in order to fund our loans, living expenses and at the same time able to save each week. So we sat down to determine what our repayments and bills would be once we moved into our home. From there we were able to work out the exact amount we were realistically able to save each week and made a commitment to put those funds aside without fail. Furthermore we made a commitment to put aside funds each week into our son’s bank account. Again this was a realistic figure and we stuck to it each week.

The main point we focused on was to be realistic in what we set out to achieve and how much we could achieve. Often I would think to myself that I’m able to save a certain amount each month; however my bank account does not reflect my theory. Once our second child was born, we again went through the same process to ensure we were continuously building towards our family’s financial future.

We also knew that having a saving’s plan and strategy in place wasn’t enough. Being the sole income earner of the family, I also took it upon myself to ensure my family was protected if I was suddenly unable to earn an income. Several months before we bought our house, we discussed the amount of personal insurance I would require in unforeseen circumstances, which takes into account future long-term loans and living expenses. I then made sure my personal insurance cover was all in place months before we started to look for a house. As you never know what might happen.

Having a financial goal for our family’s future is great but to achieve it, planning and commitment is key. Time and time again we have experienced that thorough planning has many benefits. It firstly provides us with a realistic expectation of what we’re in for and more importantly provides motivation to achieve the financial goals we set. Once our plan is in place it was then up to us to commit, keep each other accountable and more importantly encourage each other to achieve what we set out to achieve.

– Andy –

It’s been more than 6 months since the Superannuation reforms came into force on the 1st of July 2017, and now with the Christmas break over and done with and most likely back to your day to day routine, now is as good a time as any to re-focus on your Superannuation.

One of the more prominent changes to Super that came into effect was the removal of the concessional tax treatment of Transition to Retirement Pensions (TTR Pension). Pre 1 July 2017 any money held within a TTR pension received a 0% tax rate on any income or realised capital gains, however post 1 July 2017 money held within the TTR pension is taxed at 15% (same as accumulation).

However, any funds that are held within an Account-Based Pension still receive the 0% tax rate (for balances up to $1.6 million). Unless you’ve met a condition of release, such as attaining age 65, you’re unable to commence an Account-Based Pension. The most common conditions of release are:

– Reaching preservation age (currently age 57 – depending on your date of birth) and retiring
– Reaching age 65

For superannuation purposes, a member’s retirement depends on their age and future employment intentions. A person cannot access Superannuation benefits under the retirement condition of release until they reach preservation age. At this stage, the definition of retirement depends on whether the person has reached age 60.

If you’re under age 60, then meeting a condition of release is a bit harder, effectively you generally have to completely cease employment and have the intention never to again work more than 10 hours per week. However, if you’re over age 60 (but under age 65), simply having a change of employment post age 60 means you may be able to satisfy a condition of release, opening up an opportunity to move your Super wealth into the tax-free pension environment.

For example, let’s say John (age 62) works full-time in a Supermarket, but for 6 weeks he was contracted to work on the Weekends as a Labourer. After 6 weeks John has stopped work as a Labourer, because of this John has now met a condition of release and can move his Superannuation savings into the tax-free environment. However, any later contributions made (employer and personal) and earnings will be preserved (i.e. can’t be accessed until a new condition of release is met).

Based on the above, if you’ve been operating a TTR Pension and potentially could meet a condition of release, you may be able to continue to receive the tax-free pension on your Superannuation benefits. Here at JBS we can help assess your options in relation to meeting a condition of release.

– Peter Folk –