CORPORATE SUPERANNUATION We service one of the largest Corporate Superannuation portfolios in Australia. As part of this process we have access to a broad range of superannuation service providers. Our specialty is in designing and implementing flexible superannuation solutions for companies, and providing the highest level of service to both Management and Staff. Our Corporate Superannuation service provides excellence in member communication and education. This is achieved by way of comprehensive Welcome Kits for new employees, formal inductions into an employer fund, newsletters, access to our website and member seminars. Seminar modules can be tailored to include such topics as Planning Your Future, How Much Is Enough, Retirement Planning, Estate Planning, How to set a Budget and other topics on request. In addition, all fund members have access to individual consultations with our qualified planners on request. Group Insurance There are situations where an employer may wish to establish a group insurance scheme to provide a range of protection benefits to members of their workforce. A Group Insurance Policy is designed to provide either: Death, Total & Permanent Disablement (TPD) and/ or Group Salary Continuance (GSC) for an entire workforce (or a sub-set of this workforce), with the membership limited to employees of this company. A common motivation for employers to consider a group scheme is that: ::  There are quite significant premium reductions available for members of a group plan (when compared to individual members holding 'retail' policies on their own lives); ::  The provision of insurance for the employee's benefit (paid by the employer) is seen to be an additional 'fringe benefit' of working for a particular employer. This is viewed by many organisations as being supportive of staff retention strategies; ::  The provision of a certain minimum level of Death, TPD or Group Salary Continuance helps employers ensure that their staff are (at least in part) protected against the financial consequences of death or disablement; further supporting the strong bond between employer and employee, as well as the employee's family; and ::  Group insurance policies typically enjoy an Automatic Acceptance Limit (AAL), which ensures that staff joining an employer plan can get a specific level of insurance, regardless of their state of health. President has access to a wide range of insurers and can provide quotations on request to meet a variety of employers' needs. Business protection Many businesses will ensure that they protect their physical assets (such as plant & equipment etc…), but fail to identify the human risks should death, total & permanent or temporary disablement occur. In the same manner that an individual should address his or her own personal insurance requirements, all businesses should conduct a similar needs analysis; to identify any potential shortfalls that may expose them to serious financial consequences. Integral to this process are two key areas: :: Key Person Insurance; and :: Business Succession Planning. Key Person Insurance is designed to provide lump sum proceeds to a business following the loss of an important "key person", which, in turn, causes a subsequent loss of income or capital. Typically, the key person's contribution to the business will cease should this person suffer from a trauma event, TPD or die. The aim of providing insurance protection on a key person is to assist a business to survive and continue to prosper following the loss of a valuable contributor. Business Succession Planning is critical in providing the funding and the mechanisms to transfer ownership of a business, should one of the owners die or suffer a significant disability. It is not uncommon for businesses to be so busy dealing with the day-to-day operation of their business that they fail to address this question: Should my business partner die or be unable to work again due to illness or injury, do I want to be in business with my business partner's spouse or estate? In most cases, the answer will be "no" given that the spouse (estate) may have little or no knowledge of the business operations, nor even have the necessary qualifications nor desire to perform the deceased's occupation. President can help you quantify your exposure to this often over-looked issue, and help you find a practical and cost-effective solution. :: What you need to know: Any advice on this page is provided by President Financial Services Pty Ltd, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP). AMPFP holds an Australian Financial Services Licence (No 232706). The advice on this page is not based on your personal objectives, financial situation or needs. Accordingly you should consider how appropriate the advice is to those objectives, financial situation and needs before acting on the advice and, before buying any financial product, you should read the current product disclosure statement. For further details including the financial services we can offer you and how we are remunerated, please read the Financial Services Guide.pdf