Tassell Financial Planning

🌟 Meet The Team 🌟

Allow us to shine a spotlight on Jo, an exceptional professional with an extensive background in financial planning.

With an impressive 9-year career as a financial planner, Jo brings a wealth of knowledge and experience to our firm. Before delving into financial planning, Jo spent a decade at Centrelink, reaching the role of Financial Information Officer. During this time, she assisted individuals through various financial challenges, particularly in retirement and aged care.

Jo's expertise lies in:
✨ Guiding individuals into a secure and fulfilling retirement
✨ Assisting families through the intricacies of Aged Care as a Certified Aged Care Specialist
✨ Advising young minds on strategic financial planning for a secure future

Beyond her professional achievements, Jo has a compassionate heart and a commitment to making a positive impact. She has dedicated her time to the Cancer Council pro-bono scheme, providing valuable assistance to over 60 individuals facing terminal illnesses.

Hailing from Dubbo, NSW, Jo has deep roots in the land as part of a large farming family. Now, a proud mom of 2 and a doting grandmother of 3, Jo spent 17 years calling the Central Coast home. before joining us here in the Hunter Valley.

Jo's dedication and expertise make her an invaluable asset to our Tassell Financial Planning family.

The Age Pension is administered by Services Australia – Centrelink, on behalf of the Australian Government. It is assessed that same Australia wide, the only thing that can differ from state to state is the benefits that the Pension Concession Card gives each of its holders.

The Australian Age Pension is means tested and you either fall under the income or the assets test – these tests are applied to what you have, and you are paid under the test that gives you the lesser amount of payment.

What are assets –

• Financial investments
• Home contents, personal effects, vehicles and other personal assets – these assets are what you could get if you sold them, not insurance value.
• Managed investments and superannuation
• Real estate (not your own home – unless it is on more than 5 acres)
• Annuities, income streams and superannuation pensions
• Shares
• Gifting
• Sole trader, partnerships, private trusts, and private companies
• Deceased estate – that you are a beneficiary of, which has been finalised.

What is income –

Income is assessable in several forms; it can be wages (Centrelink use the gross amount in the income test. This is the amount before tax or any other deductions). The income test includes income from anywhere in the world, not just Australia. This includes pensions from other countries, or it could be income being received from a business or company that you own, or it could be deemed income from financial assets as follows -

Financial assets could be as follows and fall under the deeming rules.

• Savings accounts and term deposits
• Managed investments, loans (money you have loaded to other people)
• Debentures
• Listed shares and securities
• Some income streams
If you’re a member of a couple and at least one of you gets a pension -

Deeming –

Deeming is a set of rules used to work out the income created from your financial assets. It assumes these assets earn a set rate of income, no matter what they really earn and the rates currently are as follows –

If you’re single -
The first $56,400 of your financial assets has the deemed rate of 0.25% applied. Anything over $56,400 is deemed to earn 2.25%.

If you’re a member of a couple and at least one of you get a pension -
The first $93,600 of your combined financial assets has the deemed rate of 0.25% applied. Anything over $93,600 is deemed to earn 2.25%.

As you can see the assessment for Age Pension can be very complicated, if you would like some assistance in finding out if you are entitled or what you might be entitled to, please give us a call and book an appointment today - 02 4934 5916.

We are excited to welcome Jo Scholz to Tassell Financial Planning!

Jo comes to us with a wealth of knowledge and experience having worked as a financial planner for the last 9 years.

Prior to becoming a Financial Planner, Jo spent 10 years working with Centrelink where she progressed to Financial Information Officer and assisted people through a wide variety of financial challenges, especially retirement and aged care.

As a Financial Planner Jo has specialised in:

· Guiding people into their retirements

· Assisting families through the turmoil and stress of Aged Care as a Certified Aged Care Specialist

· Advising young people on saving for their future and protecting themselves and their families for the here and now

With a kind heart and a passion to help others, Jo has worked with the Cancer Council pro-bono scheme where she has assisted over 60 people with a terminal illness.

Born and bred in Dubbo NSW, Jo grew up on the land as part of a large farming family before becoming the proud mum of 2 and doting grandmother of 3.

Having spent the last 17 years on the Central Coast, Jo now calls the Hunter Valley home and is excited to help people achieve their financial goals and build strong client/planner relationships, whilst becoming an important part of the Tassell Financial Planning Family.

POSITION AVAILABLE

An experienced Financial Planner is required for our growing business based in East Maitland.

The ideal applicant is currently a Financial Planner.

- Must be able to work unsupervised
- Must have excellent Compliance track record & FASEA completion
- Is able to work remotely from home independently and travel to visit clients

$𝟴𝟱,𝟬𝟬𝟬 - $𝟭𝟬𝟵,𝟵𝟵𝟵 𝗯𝗮𝘀𝗲 𝗽𝗹𝘂𝘀 𝗰𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻

To apply please send resume to [email protected] or visit https://www.facebook.com/job_opening/971250096818041/?source=share

About Tassell Finanical Planning

We provide financial planning advice to small business, families and individuals. We provide advice in all areas of the financial planning arena - personal risk insurance, superannuation, Centrelink entitlements, managed fund investments and Account Based Pensions. Our client base is spread around NSW but mainly up the East Coast from Sydney to Hunter Valley. Currently this is a single planner practice and the volume of work requires additional support to review existing clients and grow the business via our referrals and referral partners.

Client review meetings are the main focus and the expectation that referrals and new business will be generated from these face to face meetings.

Expectation of working remotely from home, working independently, client reviews provided and weekly team meeting in office - no more than 2 hours per week.

Be your own boss !!!

An experienced Financial Planner is required for growing business based in East Maitland. The ideal applicant is currently a Financial Planner.

- Must be able to work unsupervised
- Must have excellent Compliance track record & FASEA completion
- Is able to work remotely from home independently and travel to visit clients

$𝟴𝟱,𝟬𝟬𝟬 - $𝟭𝟬𝟵,𝟵𝟵𝟵 𝗯𝗮𝘀𝗲 𝗽𝗹𝘂𝘀 𝗰𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻

About the business

We provide financial planning advice to small business, families and individuals. We provide advice in all areas of the financial planning arena - personal risk insurance, superannuation, Centrelink entitlements, managed fund investments and Account Based Pensions. Our client base is spread around NSW but mainly up the East Coast from Sydney to Hunter Valley. Currently this is a single planner practice and the volume of work requires additional support to review existing clients and grow the business via our referrals and referral partners.

Client review meetings are the main focus and the expectation that referrals and new business will be generated from these face to face meetings.

Expectation of working remotely from home, working independently, client reviews provided and weekly team meeting in office - no more than 2 hours per week.

Be your own boss !!!

There are so many ways you can save up!

Add this to your weekend plans

An emergency is not a disaster!

Your Financial Plan is always evolving.

MyGov Scam Alert!

Scammers have set up a clone of the myGov website to trick you into sharing your login and bank account details, Stay Smart Online says. The scam starts with a phishing email that looks like it is from Medicare, asking you to update your Electronic Funds Transfer (EFT) details, so you can start receiving payments for Medicare benefits and claims.

If you click on the link in the email you are taken to a replica of the real myGov website. You’ll note the URL includes ‘.net’ instead of ‘.gov.au’, which is an indication the website is not a legitimate Australian Government domain. If you input your login details you are directed to also enter your secret security question and answer, before you’re taken to the fake Medicare website to input your bank account details. These emails and web pages feature myGov and Medicare design and branding, making them appear legitimate.

Remember, clicking on the link and sharing your details gives these scammers access to your personal information, which they then use to steal your money and identity.

Please be careful and always check the website address!