NGS Advice Platinum

Some advice fees relating to income-producing investments may be tax deductible, but personal and initial Statement of Advice (SoA) preparation fees generally are not. Tax outcomes depend on individual circumstances, so it’s important to seek personalised guidance from a qualified tax adviser.

When considering the cost of financial planning, remember that deductions may apply differently depending on whether the advice relates to investments or personal goals. For example, financial advice for retirement planning often involves strategies tailored to long-term income needs, while broader retirement financial planning may include tax, superannuation, and estate considerations.

To ensure clarity and confidence, always confirm with a licensed professional and review ATO rules before making decisions. You can also learn more about risk and retirement and NGS fees and costs to understand how advice applies to your situation.

Retirement financial planning involves assessing your future income needs, reviewing your superannuation balance, and building tailored strategies around investments, tax efficiency, and risk tolerance. A qualified Financial Planner can help create a personalised financial planning in retirement strategy that considers Centrelink eligibility, long-term goals, and changing circumstances.

Our Financial Planners don’t earn commissions, so everything is focused on what’s best for you and your goals. You can also strengthen your financial planning strategies by exploring how much you may need with NGS’s retirement calculators and learning ways to grow your super.

Financial advice follows a structured process designed to help you make informed decisions. At NGS, the financial planning process typically involves:

• Initial discussion – understanding your goals, circumstances, and priorities.
• Assessment – reviewing your current financial position and consider strategies to meet your objectives.
• Tailored recommendations – personalised strategies suited to meet your needs.
• Implementation – putting agreed strategies into action.
• Ongoing support – help is available to ensure you stay on track to meet your long-term goals and objectives.

Comprehensive financial planning services are available through Platinum Advice, ensuring you get the help and personalised financial planning help needed that matches your stage of life. Find out more about managing your super investments.

A Financial Planner assesses your retirement goals, income needs, and superannuation strategy, then provides advice across investments, tax, Centrelink, insurance, and financial advice for retirement planning. Retirement planning financial advisers help you make informed decisions and implement strategies that align with your overall financial picture.

Meet our experienced and qualified planners and explore how our financial adviser retirement planning services support transition to retirement and holistic investment strategies.

Retirement and financial planning are among the most important decisions you’ll ever make. Retirement is often when personalised financial planning becomes most valuable. Decisions around contributions, investment mix, Centrelink eligibility, retirement income, and tax strategy can be complex.

Our Financial Planners offer personal advice with a member-first approach. They can help optimise your pre-retirement financial planning and provide clarity around timing, risks, and long-term financial security.

Learn more about preparing for retirement, why members retire with NGS, and how to manage your investments.

The fee for preparing your SoA depends on the time needed to prepare and implement your recommendations.

SoA fee guide:

• NGS investment advice only: $990 (incl. GST)
• Limited advice areas: $1,870 (incl. GST)
• Multiple advice areas: typically from $2,750 (incl. GST)
• Complex advice: starts from $3,500 (incl. GST)
• Highly complex cases: may be higher depending on the number of products, tax structures or recommendations involved

Once presented to you, your SoA will be valid for 30 days. If you need more time, contact your financial planner to discuss an extension.

Financial planning is helpful at any age, but it’s especially valuable during major life milestones such as buying a home, changing careers, starting a family, or preparing for retirement. Whether you’re focused on pre-retirement financial planning or seeking guidance on financial planning in retirement, the right time depends on when you need clarity around goals, investments, tax, or long-term planning.

A financial adviser retirement planning approach can help ensure you’re on track, while tailored retirement financial planning strategies provide peace of mind for the years ahead. Explore our Foundations Advice, Essentials Advice, or speak with an NGS Super Specialist to learn more about super basics. NGS can provide appropriate advice based on individual needs.

The value of a financial planner comes from tailored strategies, tax efficiency, investment structure, retirement income planning, and long-term financial confidence. While benefits vary by personal situation, experienced, qualified planners with transparent fees provide advice on financial planning that can help avoid costly mistakes. Financial planning strategies can also give structure around complex decisions.

Discover what to expect from financial planning services, specifically financial planning for retirees. Also review your insurance options, and explore investment returns.

If you need advice, we’ll give you a clear outline of any costs involved so you can decide if a plan is right for you.