Investments form an important part of most Statements of Advice and can include a range of investment types from term deposits to managed funds.
The range of investments available includes:
- Income producing investments, such as cash management trusts, term deposits, mortgage trusts, immediate annuities, allocated pensions and super pensions
- Protected growth investments, such as conservatively invested funds
- Income and growth investments, such as managed funds and share trusts
- Tax advantaged investments including direct shares and listed property trusts.
Selecting the right investment
Just about all types of investments can be held in different structures, with varying tax treatment. For example, they may be held as a personal asset, in an allocated pension or retirement fund or as a friendly society bond.
Selecting the right investments and the right tax structures can be a major challenge. Your Bridges financial planner will assist you in selecting the investment that suits your investment and taxation objectives.
What about ‘no risk’ investments?
If an investment is promising high returns with little or no risk, you should be wary. Generally investments that promise unusually high returns should be treated with caution and investigated thoroughly.
The Australian Securities and Investments Commission (ASIC) also provides a range of advice and tips on investing. Click here to visit the FIDO web site. FIDO is ASIC’s consumer website.