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Overall. Jonathon wants to 'sort out' his superannuation. As part of this. there are three overall W you need to make: 1. Should he consolidate

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Overall. Jonathon wants to 'sort out' his superannuation. As part of this. there are three overall W you need to make: 1. Should he consolidate (combine) his superannuation funds? 2. What investment option should he use for his superannuation fund(s]? 3. Should he make additional contributions to superannuation? 4. What are his estate planning needs? These are expanded on below. For completeness. please ensure any reasoning why it why not is included in the 'advantages of strategy" section below. 1. Should he consolidate his superannuation funds? Why! why not? I Remember you don't knowr anything about the superannuation funds he holds so you card recommend one of these above the other. It may be that neither fund is appropriate for him. so instead. consider any particular features his superannuation fund should have and the benets I risks of consolidating his funds. Exam reasoning. I In practice. this is likely to be easier since you can directly compare the superannuation funds and available options and make clear recommendations based on this. For the purposes of this assignment. please use the limited infom1ation provided in the details below and provide your recommendations based on this. I Remember you are t required to recommend a specific product. 2. What investment option should he use for his superannuation fund(s]? I As discussed. you should assume he does at have access to a defined benet fund. accordingly. any superannuation fund recommended will be an accumulation fund and therefore. you need to recommend an investment option for him {e.g. conservative. balanced. growth. high growth. lifecycle etc) and explain my you have recommended this. 3. Should he make additional contributions to superannuation? I If yes explain why he should be making additional contributions. and how much he should be contributing per month. Should the conoibutions be before tax [i.e. salary sacrifice andtor personal taxdeductible contributions) or after tax? my? I When considering how much he should contribute you need to ensure you are still working within his available funds taking in to account the funds required to achieve his goals outside superannuation (remember. you can only use these funds once]. I If no i.e. you are not recommending he make any additional contributions to super. you should state this and your reasons why in the \"alternatives considered' section below to show you have thought of this and did not recommend it because of Advantages of strategy [reasons why] I As per above [e.g. if you are recommending consolidating the super funds what are the advantagest disadvantages of this etc etc]. I You may choose to cover the advantages it disadvantages! alternatives for each of the 3 points above. or you may prefer to do these altogether. Disadvantages of strategy I As per above Alternatives oonsidered

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