Privacy Policy by Law For Websites

When we talk about ’us’, ’our’ or ’we’, it means The words ’you’ or ’your’ means you, the visitor to our website.

Personal information is information that would identify you, or from which you can be identified. It is important to us to protect your personal information. We don’t give it away or sell it and we have systems in place to protect it.


We collect personal information about you when you give it to us, usually when you complete an online form. We don’t collect your information from anywhere or anyone else.

We may also use ‘cookies’ so that you can customize our web pages or so that you do not have to keep filling in your details repeatedly. Cookies may also track the information that you access online and affect the display of any advertisements on our website to reflect your preferences. Cookies do not necessarily collect information that can identify who you are, more about what you like. You can change your browser settings, or use anti-virus software to limit the ability of cookies to track your internet use. If you want to find out more about ‘cookies’ and how they work, we suggest you look up Wikipedia


We use your personal information in an effort to tailor your experience of our products and services specifically for you. We want to offer you products and information you want, not stuff you have no interest in.


We don’t give away or sell your personal information. We will disclose your personal information if we are legally compelled to do so or need to provide instruction to our professional advisors.

We might use another provider to deliver our products or services to you. If they need your personal information to complete that delivery we will require them to use your information only for that purpose and then destroy it.


We may change the host of this website from time to time in accordance with our business requirements. This may mean that the information collected through our website is hosted overseas. We do our best to use reputable companies that have appropriate information protection to host our website.


We have no control over the information accessed through links from our site. You use links at your own risk.

If you post your personal information in a public forum, we have no control over how it is used and no responsibility to protect it for you.


Any feedback or concerns regarding the way we manage your personal information should be directed to We will take action to fix any problems, within reason. We will update this policy from time to time to meet our legal obligations.

Last Updated 13/03/2014

Child Critical Illness Cover

Child Critical Illness Cover

Most parents will agree, the thing that terrifies us the most is losing a child or our child becoming seriously ill. I have personally felt helplessness and fear when my children have had surgery, or been ill, and cannot think about how I would cope should they suffer a serious illness. One thing is for sure, I would want to be there by their side and be the one that takes care of them, if they were to ever be seriously ill.

While this seems a given, a mother wanting to take care of her children, the fact is that our family relies heavily on my income and having to take care of a child for a lengthy period of time, would financially drain our family. That’s why I have Child Critical Illness cover in place for Tilly and Lucinda. Should either of them suffer a serious illness, I have cover in place to help replace my income while I take care of them, The cover also provides additional funds to cover medical expenses and buy the best care possible for them.

Most people haven’t heard of Child Critical Illness cover and few Financial Planners discuss it with their clients. Child Critical Illness or Trauma cover, insures your child against a list of serious illnesses including Cancer, Heart Disease, Diabetes, Major Organ Failure, Benign Brain Tumours and more. Cover is affordable with $200,000 of cover, costing around $25 per month.

Child Critical Illness is different to Private Health Insurance, as Private Health Insurance will help with medical costs but not assist in providing a lump sum to replace lost income and out of pocket medical expenses.

Sadly, it is predicted that the children of today will die before their parents. Why? We are in the midst of a major epidemic of chronic disease that is plaguing our children, and threatening the health of our species. How many of you know someone, (including children), who has been affected by Cancer? Heart disease? Diabetes? The list goes on.

In 2013, one of our own client’s children suffered an illness and claimed on their child’s cover. In the words of our client “every parent should have this cover, it will make a big difference to our family”. It’s great when our advice makes such a difference to our clients lives.

To find out more about Child Critical Illness cover please contact us on 02 6033 2077.

Superannuation Tips

Superannuation Tips

Many young people think that superannuation is something they will worry about when they are near retirement or when they retire.   For many Australian’s their superannuation will be their biggest asset outside of their home and will determine their lifestyle in retirement.

Here are a few things tips for dealing with your superannuation:

  • Lost Super- statistics from the Australian Taxation Office in August 2014, reveal there is currently $14 billion in lost super waiting to be claimed. If you don’t know how to do a search please let us know and we will complete one for you.
  • Consolidate your account- many people have more than one superannuation and may be paying multiple management fees. Before consolidating though please be aware of benefits you may lose including life and disability insurance.
  • Life and Disability Insurance- it may be cost effective to have this cover through your superannuation and by having this cover in your superannuation, it will not impact on your cashflow.
  • Beneficiary Nominations- this will determine where your superannuation funds will go should you pass away and will also determine whether or not this payment will have tax consequences for the beneficiary. If you do not have a beneficiary nominated, the superannuation fund will decide where the proceeds go.
  • Investment Options- how long since you have reviewed how your superannuation funds are being invested? Does the investment suit your investment risk profile and investment time horizon.

For help with your superannuation, contact our office today.

The Prosperity Group’s story

Realising there was never an “ideal” time to start a business, Lisa started her business when she was pregnant with her second child and right in the middle of the Global Financial Crisis.

Clearly she believed things could only get better and they certainly have. We have been fortunate enough to be able to build the business completely through word of mouth and referrals from our existing clients and referral partners. This enables us to spend time doing what we value most – working for our clients and not spending time on marketing.

We have been able to grow our business successfully by only working with clients where we can add significant value and peace of mind. As a working mother and business owner, Lisa understands that it can be difficult to find the time to manage the family’s finances and make decisions about money issues that you do not fully understand. Lisa has built the business around helping our clients make informed decisions and taking positive action for their finances and their future. She explains complex issues simply, in an easy to understand way and Sally, Sam and Liz then support her in implementing this advice and providing additional, ongoing service to our clients.

Frank’s Story – Retirement and Centrelink

Frank had put off his initial appointment with us a few times. He was in the process of retiring, moving to a new town and life was busy. When it came time to apply for the Age Pension though, he knew it was time to seek help. We were able to help Frank complete his Age Pension application in our first meeting, providing Frank with a great sense of relief and the ability to get his maximum payments from Centrelink as soon as possible.

Following this appointment, we put together a retirement plan for Frank including advice in relation to his superannuation and setting this up as a pension account to provide him with a regular income payment in addition to his fortnightly Age Pension payment. We also explained that Frank could take lump sums as needed from his pension account. Frank has recently decided to use some of these funds to travel around Australia in his caravan.

Sadly, since our initial, advice Frank’s partner has suffered some health issues and once again we have been able to assist with additional Centrelink benefit applications. Frank needs to spend more and more time looking after his partner and finds it helpful that as part of our ongoing service, we have been able to help him with any ongoing questions in relation to his Centrelink payments and superannuation pension account.

Frank had dealt with a financial planner at the bank before, but had been referred to us by a work colleague. He likes our friendly and relaxed office environment and the fact that we have been able to explain his retirement strategy in a simple and easy to understand way.

Want your own piece of Stanford?

Working on your business……..whatever that may be.

Today the world moves at a fast pace and time goes by so quickly.  We often get busy and we forget to take time out for what is truly important.  Many things are important to me, one of them being my business and doing the very best I can for my clients and my staff in an ever changing world.  My personal opinion is that as more and more tasks become automated unemployment will rise, client expectations will shift and only a few businesses will survive and flourish.  I want to make sure we are one of those businesses and in order to address these concerns, late last year I applied for and was selected to attend a Strategic Leadership Program at The Stanford University Graduate School of Business in California, along with thirty eight other advisers from Australia.

Having returned from the US last week, I can honestly say to date this was the best week of study I have completed.  The main areas of study were business culture, how to get it right and how this will shape and strengthen your business, how to lead change within your organisation, how to foster collaboration and exchange and how to strategically apply these practices to your business.

Part of this study included to trip to the Silicon Valley including a half day at Google where we heard from their Head of Customer Analytics and then a trip to the University of Singularity to hear from some very smart people with incredible ideas that they have now turned into what are anticipated to be huge start-up companies. Hearing their stories and ideas was an amazing experience and it truly hit home and how quickly things within business is changing!

If you would like to hear more about my study trip, we will be running a few information sessions for our clients and their friends and booking can be made via email or by calling the office on 02 6033 2077.


Why it’s important to stop and think….and then act

Like many, I am the first to admit that our lives have become busier and busier.  There doesn’t always seem to be enough time to get everything done, let alone think about what you really want to do with your life and how you are going to get there.

For many years, I have been doing private reading and research into behavioural science and the way our lives are changing.  I am well aware that the way we do business here at The Prosperity Group today will change significantly in the next five years and will keep changing and evolving.

This month I am taking some time away from the office to work on our business.  I have been fortunate enough to be selected to study at the Stanford Graduate School of Business in San Francisco.  The focus of this study is looking at how to Lead Cultural Change, How to Foster Collaboration and Exchange and how to practice and implement “Design Thinking”.  I am of course excited about how this course will help shape our service offering to our clients over the coming years, but I also believe that these skills will further help the conversations we have with our clients and help more and more people take the time to stop and think about their financial futures and security.

As part of my learning process I plan to provide regular posts and updates on our Facebook page.  If you would like to know more about what I am learning I invite you to “like” our Facebook page

Next month’s blog will provide further information and insight into what I have learned during my time at Stanford.

While I am away, rest assured it will be business as usual, with Sally and Sam on hand to help with any queries you may have.

How we add value to clients Transitioning to Retirement

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We recently met with a client named Paul, who had just turned 60.  Paul still worked full time, earning $80,000 per annum and had $400,000 in superannuation savings.

Paul wanted to retire at age 65 and we decided to set up a Transition to Retirement Strategy to maximise Paul’s superannuation benefits prior to retiring.  We used Paul’s existing superannuation benefits to start a superannuation pension account paying Paul a tax free income of $16,375 per annum.  Paul was then able to start salary sacrificing $25,000 of his wages into superannuation and best of all he was left with exactly the same after tax position with these added benefits:

  • His income tax reduced from $19,147 per annum to $10,522 per annum. Factoring in the 15% contributions tax payable on adding his $25,000 into super each year being $3,750 per annum, Paul was still saving a total of $4,875 per annum in tax.
  • As Paul was adding in $21,250 into super each year ($25,000 less 15% tax = $3,750) and only drawing a Pension of $16,375 he was able to save an additional $4,875 into his superannuation account each year to boost his savings for retirement.
  • All earnings with a Pension account are taxed at 0% versus 15% in superannuation. Based on an average 7% investment return, Paul would save approximately $4,200 per annum, tax on fund earnings.

By putting this strategy in place we were able to save Paul considerable tax and in addition boost his savings for retirement.

Transition to Retirement strategies can benefit clients from age 55 plus.  The overall benefit will depend on an individual’s level of income and superannuation balance.

If you think a Transition to Retirement strategy may be of benefit to you or someone you know, feel free to book in for a complementary 30 minute meeting to discuss how this strategy may be of benefit to you.