Privacy should be an expectation online. Period.
All General Advice Team operates the website https://agatbusiness.com.au
Here, we collect limited anonymous data. This data is used exclusively for internal purposes and is not sold to anyone.
We use Google Analytics to collect standard information about visitors to the sites and their behavior (e.g. what pages they viewed). The data provided by Google Analytics is anonymized and in no way enables us to identify anyone individually. Please note that Google Analytics will place a cookie on your device to allow the service.
Our website is hosted by SiteGround, and our email ([email protected]agatbusiness.com.au) is hosted by Google. These hosting providers are all secured off-site and are compliant with all international online security and privacy laws and regulations.
People who email us
As stated above, our email service is provided by Google. Any emails we receive are stored on their servers.
Complaints, Comments, and Questions
If you want to make a complaint, comment, or ask a question about the way we are processing your data, you can contact us at the following email: [email protected]agatbusiness.com.au
How to withdraw consent or object to the processing
Where we are processing your data and needed to ask your permission to do so, you can withdraw your consent at any time. To do so, you can contact us at the following email: [email protected]agatbusiness.com.au
Erasure of your data upon request
Under some circumstances, you may request us to delete your data from our systems. Where this is possible (e.g. we don’t have any legal purpose for continuing to process your data), we will erase it from our systems. If you wish to exercise your right to be forgotten by our services, please do so be emailing us at [email protected]agatbusiness.com.au
Access to your data
You have the right to ask us about what data we hold about you, how we process it and provide you with a copy of the information, free of charge and within one month of your request. To request any personal information we hold and process about you, we would prefer it if you could put in an email to [email protected]agatbusiness.com.au. We will need to verify your identity before providing the information and where necessary may contact you further to ensure we understand what data you are requesting.
Disclosure of information
We do not share any personal data with any third parties unless it is lawful for us to do so or if we are required by law to do so.
How to contact us
Last edited 21 August 2019
Superannuation is a tax effective way to save for your retirement. It’s similar to a managed fund where your money is pooled with other members’ money and invested on your behalf by professional investment managers. Generally you will not be able to access this money until you retire. Your employer will make contributions to your super fund and you can top it up with your own money. The government may also make contributions if you are a low income earner.
When a super fund is originally created, whether by you or your employer, it is often automatically set up in a default account. This means it’s the same fund for everyone, with the same investments, fees, and insurances all attached. The problem with a default setup is that we’re not all the same. One strategy doesn’t fit every situation. A review allows you to identify and then tailor your investments to suit you and your situation. As an example, if you are 18 and just entering the workforce, you don’t want to be invested the same as someone who is 64 and about to retire. Default funds can also be quite expensive, often see low returns, and can come with insurances already attached that you may not want or need. It is important to look at these things because they will all impact the amount you retire with.
An industry fund was originally created for workers of a specific industry. For example, construction is usually CBUS, retail is usually Rest, and hospitality is usually Host Plus. Just because you are in an industry fund does not mean you are in the best place for you and your financial goals, needs, or objectives. They need to be tailored to you to get you the result that you want. You are not the same person as everyone else who works in your industry, and therefore should not be invested the same. Like any other fund, an industry fund can be tailored to suit you and get a better result at retirement.
According to Russell Investments, a large money management firm, a good financial adviser can increase your returns by an average of 3.75 percent per year. That might not sound like a massive difference, but over a long period of time, it can be.
Financial advisers are licensed professionals who look after your investments to ensure that at retirement, you have as much money as possible. Financial advisers can help with everything from your super, to insurance reviews, wealth management, investment properties and portfolios, and everything in between.
Active management is one of the most important things a financial adviser can provide. Almost all super funds are invested into the market. When the stock market crashes, that means you could end up losing money. Super is a long term investment so small dips in the market do not really make a difference over the years, but bigger crashes can be devastating. In 2008, we saw one of the worst financial crises in recent history. When this happened, many Australians found that they had lost thousands of dollars from their super fund. Because a super fund is just an administration service, it is not their job to defend your money when markets are bad. A financial adviser is able to actively manage your fund, and pull you out of the market when it starts to crash so you avoid losing large portions of your super. The closer to retirement you get, the more important that becomes.