FINANCIAL ADVICE FOR CSS & PSS Members
CSS & PSS Defined Benefit Schemes
CSS and PSS are defined benefit schemes and standard superannuation rules do not necessarily apply. These are complex schemes and professional advice should always be sought before making any decision concerning your benefits.
I have been advising clients on defined benefit superannuation schemes for the last 22 years. In 2012 I successfully established, and then led, the Commonwealth Superannuation Corporation’s financial planning advice service for members for a period of four years.
CSS & PSS Expert Advice
I am an expert on the CSS, PSS, DFRDB and MilitarySuper schemes.
Common areas I provide advice on for CSS and PSS members are:
- What is CSS 54/11?
- What is CSS Age Retirement?
- CSS 54/11 v Age Retirement what should I choose?
- How does redundancy impact my CSS and should I take a redundancy?
- Tax and/or Centrelink implications of taking CSS or PSS pensions
- Should I take a lump sum or pension for my CSS or PSS
- Accessing PSS and when can I retire
- Should I take a redundancy and how will this impact my PSS?
- Should I remain in the private sector or return to a PSS employer and rejoin PSS?
I have built sophisticated proprietary models to address these areas of advice and many others. I personally write all of my financial advice i.e. I do not outsource this to third parties and can undertake modelling and comparisons few other adviser are capable of undertaking.
Please see below for my educational videos on CSS & PSS.
To learn more about how Killara Welath can help in your retirement planning, contact us to get started today.
Videos for CSS Members
CSS AGED RETIREMENT OR 54/11 – WHAT YOU NEED TO KNOW
CSS AGED RETIREMENT OR 54/11 PENSION CALCULATION EXAMPLES
Videos for PSS Members
PSS – The Basics
PSS – Redundancy
100% POSITIVE | 5 STAR AVERAGE on AdviserRatings.com.au
"I am a partner in a legal practice that was undergoing a restructure. I engaged Tony to help me understand what this meant for my cash-flow, tax position as well as the implications for my family trust and superannuation. At the same time, my partner and I were starting a family and we wanted to make sure insurance was in place to protect our future and that of our child. Tony took the time..."
"I was concerned about the decisions I needed to make retiring after 40+ years in the workforce. I found Tony to be pleasant, interested, approachable and very knowledgeable about investments, taxation, superannuation and risk. He was not "pushy" and presented the information and options to me in a concise and logical way. Option were well researched and risks explained clearly. Tony's aft.."
"I wanted to establish some share investments for excess cash I was holding. Tony explained to me a range of options available. He was excellent at breaking down the pros and cons of different strategies, including tax considerations and market risks. I ended investing in a low-cost portfolio of managed funds that are easy to manage for me and I am very happy with the outcome. Tony was a..."
"Tony is the first financial adviser I’ve had and he has been so helpful and patient. He has explained everything to me so clearly that I feel confident to trust in the plans and advice he has given me. He consistently made himself available to answer any questions I had."
"Tony has given us advice in areas including retirement, investment and estate planning. Tony was always able to explain things to us in a clear way. Through Tony's knowledge and experience, we feel confident that the advice given was right for my needs. Tony was responsive, courteous and helpful."
"I was with the Australian Federal Police for 34 years and was a member of the Commonwealth Superannuation Scheme (CSS). I recently needed some complex calculations performed to determine my CSS benefits comparing age retirement to redundancy. Tony was able to provide me with this analysis taking into account historical and future payments along with a detailed explanation of the methodologies used. If you require sophisticated calculations of your CSS benefits, talk to Tony."
"I was recently promoted to Partner at my law firm. I engaged Tony to put together a strategy to help me save for my future goals including a house as well as maximise the tax benefits I could achieve from superannuation and the first home super saver scheme. Tony provided me with a comprehensive financial plan covering my life and income protection insurance needs, superannuation, family trust investments and employee share plan. He also provided me with a detailed cashflow, tax and capital projections that we can use to track progress towards achieving my goals. If you’re a lawyer who needs financial advice I recommend meeting with Tony."
Sue, 56 - 65 years, Concord West, NSW
"Tony was very helpful with my retirement planning needs, advising me on my superannuation and providing me with detailed scenario options to help me decide what would work best for me transitioning into retirement."
To arrange a complimentary 15 minute discussion on how I can help you secure and manage your financial future please, contact me.