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Search for reynolds returned 6 records:
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Four unique financial strategies for TPD claimants
‘Successful TPD claimants are in a unique position: they have full access to their super and can implement certain retirement strategies that most Australians can’t until they’re 60 or 65,’ explains Andy Reynolds – a member of the ALA Superannuation and Insurance Special Interest Group – outlining four strategies to save, preserve and maximise funds while maintaining flexibility....
19th May 2022
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Significant risk of the default investment option for TPD claimants
If you are acting for a client with an approved TPD claim it would be a good idea for you to find out now how the superfund is dealing with TPD claim proceeds. According to Andrew Reynolds, currently roughly 50% of superfunds will direct proceeds into the member’s default investment option in their superannuation account. Over recent weeks, as the COVD-19 crisis has hit financial markets across the world, some claimants have lost tens of thousands of dollars before they even realise their claim has been approved....
26th Mar 2020
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Superannuation and TPD insurance: Ensure your clients don’t lose thousands of dollars in tax
Andrew Reynolds provides practical tips for personal injury lawyers practising in the areas of superannuation and TPD on how they can prevent their clients from making potentially costly ...
19th Sep 2019
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Toothless tiger: Human rights committee sits helplessly on the sidelines
In place of the highly recommended federal human rights act, Australia has a parliamentary committee without any real power, says Greg Barns SC. Since its formation in 2011, ‘there have been numerous examples of legislation and executive government policies which, if there were a human rights law in place, would have been subject to court challenge....
31st Aug 2023
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Superannuation and TPD Insurance: Four things you should tell every TPD client
Giving TPD insurance claimants specific information early on can stop them taking action that is potentially financially damaging and encourage them to think about how best to maximise their claim ...
11th Oct 2018
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How to protect your client's TPD money
There are simple strategies that can be implemented to make the most of any TPD claim, particularly minimising tax payments and maximising other benefit entitlements. ...
8th Jun 2017