Comprehensive Statement of Advice

FPL 380/580 FINANCIAL ADVICE CONSTRUCTION AND CLIENT COMMUNICATION Assessment 1 Comprehensive Statement of Advice PART B: STUDENT Number: STUDENT Name: ASSUMPTIONS AND ADDITIONAL DATA REQUIRED Additional Information Required / Assumptions Made 1. Superannuation Contributions & Retirement Planning * We do not have confirmation of their employer superannuation guarantee contributions (SGC) rates.Assumption: They both receive the standard 11% SGC from their employers.Impact: If their actual SGC is lower, additional salary sacrifice contributions may be required to meet their retirement goals. * We are uncertain about the concessional contributions already made for this financial year.Impact: Exceeding the $27,500 concessional cap may result in additional tax liabilities. * David plans to retire at 66, but Ruby is considering working part-time in two years until age 70.Impact: We need to determine how part-time employment will affect her income and super contributions. 2. Mortgage and...