Fact Find

Client: Neil Ramsay

Date Created: December 20, 2021

Adviser: Brad Turnbull

Financial Adviser of A & R Financial Planners

ABN: 77003323055
Mobile: 0418966778
Email: brad@arfs.com.au
AR No: 247772

Authorised Representative of Viridian Select

ABN: 41621447345
License No: 515762
CAR No:
Address: PO Box 595 PENRITH NSW 2751
Table of Contents

1. Goal Discovery and Advice Scope

A. Why have you sought financial advice?
B. Goals
a. Goals in Scope
b. Goals out of Scope
C. Advice Scope
a. In Scope Advice Areas
b. Research Scope Advice Areas
c. Out of Scope Advice Areas
d. Complex Advice Warning
2. Client Details
A. Health
B. Current Addresses
C. Previous Addresses
D. Contact Details
E. Children and Dependents
F. Family, Friends and Contacts
G. Professionals
3. Entity Details
A. Contact Details
B. Addresses
C. Roles
D. Professionals
4. Employment
A. Current Employment
B. Current Work Hazard
C. Previous Employment
5. Income
A. Clients’ Income
 a. Current Earned Income
b. Other Income
B. Entities’ Income
6. Expenses
A. Home, Utilities and Food Expenses
B. Personal, Transport and Leisure Expenses
C. Health, Insurance, Education, Services and Other Expenses
7. Assets
8. Debts
9. Insurance
A. Insurance Policy
B. Insurance Cover
C. Insurance Premiums and Fees
10. Retirement
A. Centrelink, Retirement and Superannuation Details
B. Retirement
C. Superannuation Contributions
11. Estate Planning
A. Documents
B. Document Relationships
Goal Discovery and Advice Scope
Why have you sought financial advice?

Goals
Goals in Scope
Client Goal Target When to achieve? Priority Status
You wish to put in place income
protection so that in the event
Neil Ramsay you are unable to work you will Non-financial Now High Not Achieved
receive a monthly benefit of
$5,000 per month until age 65.

Goals out of Scope

When to Will it be
Client Goal Target Exclusion Reasons and Goal Considerations Details
achieve? addressed?
There are no records to display.

Advice Scope
In Scope Advice Areas
Client Advice Area Goal Notes
Neil is seeking advice on Income Protection only. Doesn't
Neil Ramsay Insurance want advice on Life & TPD insurance as he is happy with
existing cover provided through LGS Super.

Research Scope Advice Areas

 Client Advice Area
There are no records to display.
Out of Scope Advice Areas
Client Advice Area Why
You do not see value in this advice area
Comfortable with how existing cashflow
Neil Ramsay Budgeting
is going and requested that we do not
provide advice on this.
You want to address this advice area in
the future
Happy with existing debt arrangements
Neil Ramsay Debt for the time being but would like to
review this in the context of future
wealth creation opportunities down the
line.
You want to address this advice area in
the future
Neil Ramsay Superannuation Happy with existing returns and doesn't
wish to look at alternative
arrangements at this time.
Considerations
You may not be spending your income
effectively in alignment with your goals
Your current spending may limit your
ability to build wealth over time
Your current spending may deplete
your available funds over time
Your superannuation investments may
not be appropriate for your risk
appetite and return expectations
There is a possibility that you may
exceed superannuation contribution
limits and as a result, suffer significant
tax penalties
You may not be optimising your overall
tax position
You may be paying higher levels of fees
than is necessary
You may not have access to suitable
investment options
Notes
Notes
requested that we do not provide
advice on this as he prefers to manage
this himself. Understands that this may
mean he is not using his cashflow as
effectively as possible and therefore
not maximizing his wealth creation
opportunities.
Happy with existing debt arrangements
for the time being but would like to
review this in the context of future
wealth creation opportunities down the
line. Understands and accepts the risks
of not reviewing debt at this stage.
Happy with existing returns and doesn't
wish to look at alternative
arrangements at this time. Understands
that by not addressing this he may not
be optimizing his contributions and
underlying investment performance
which could see him have less in super
at retirement.
 Client Advice Area Why Considerations Notes
Your assets may not be distributed in
alignment with your wishes upon your
death
Your estate may incur higher taxes than
is necessary
Your intended beneficiaries may
You do not see value in this advice area experience undue hardship, both Happy with existing arrangements and
Happy with existing arrangements and financial and otherwise, in obtaining does not want advice on this for the
Neil Ramsay Estate Planning
does not want advice on this for the their inheritance time being. Understands the risks of not
time being. Your family may have disagreements addressing this and accepts these risks.
on how the estate should be treated if
you have not formally outlined your
wishes
You may not have a trusted person to
tend to your affairs if you are
incapacitated
You may not accrue enough wealth to
support your desired lifestyle
You may be paying higher levels of tax
than necessary
You want to address this advice area in Happy with existing non-super
Your investments may not be
the future investments (Cash & Property) and not
appropriate for your risk appetite and
Happy with existing non-super looking for further advice on this for the
Neil Ramsay Investment return expectations
investments (Cash & Property) and not time being. Understands the risk of not
Your existing investments may not be
looking for further advice on this for the addressing this now but is happy to
suitable to ensure you achieve your
time being. accept these risks.
goals
You may be forced to work for longer
than you wish if you do not save or
invest your funds appropriately
This advice area is not relevant
Neil Ramsay Retirement
Below preservation age.
This advice area is not relevant
Neil Ramsay Aged Care
Young, fit and healthy.
This advice area is not relevant
Neil Ramsay Centrelink Below age pension age, employed and
not eligible for any benefits.
You do not see value in this advice area
Happy with LGS Super and not
Happy with LGS Super and not
interested in being actively involved in
interested in being actively involved in
Neil Ramsay SMSF the day to day operations or
the day to day operations or
investment decisions of his
investment decisions of his
superannuation.
superannuation.
 Client Advice Area Why Considerations Notes
You want to address this advice area in
the future Not seeking advice on increasing your
Not seeking advice on increasing your personal wealth for the time being but
Neil Ramsay Gearing
personal wealth for the time being but are interested in looking at this in the
are interested in looking at this in the future.
future.

Complex Advice Warning

Client Advice Area Considerations Notes
There are no records to display.
Client Details
Residency/ Educational Bankruptcy
Client Full Name Preferred Name Date of Birth Age Status/ Gender
Citizenship Attainment Status
Masters Degree;
Bachelor of
AU tax resident?
Yes Applied Science
Country of (Environmental
Residence: Health)
Mr. Neil Douglas Single Australia Master of
Primary Client Neil 22/09/1985 36 yrs Country of
Ramsay Male Environmental
Citizenship: Science
Australia Diploma of
Country of Birth: Environmental
Australia
Monitoring and
Technology

Health
Client Health State Height and Weight Smoking Status Drinking Status Private Health Insurance
Mr. Neil Douglas Ramsay Good

Current Addresses
Client Type Address Status Move-in Date
1B Twain Street
Neil Ramsay Residential Winston Hills, NSW 2153
Australia

Previous Addresses
Client Type Address Status Move-in Date Move-out Date
There are no records to display.
Contact Details
Client Type Contact Detail Preferred Contact
Neil Ramsay Home Email neildr@hotmail.com Yes
Neil Ramsay Mobile Phone 0421 219 470 Yes
Neil Ramsay SMS Email 0421219470 No

Children and Dependents

Special Needs/
Full Name Relationship Status Details Preferred Contact Notes
Circumstances
There are no records to display.

Family, Friends and Contacts

Full Name Preferred Name Relationship Status Client Details Preferred Contact Notes
Biological; A next
Glenn Stuart
Sibling of kin Neil Ramsay
Ramsay
No

Professionals
Full Name Profession Client Business Name Details Preferred Contact Notes
Barbara Krueger Accountant Neil Ramsay H&R Block Parramatta
Entity Details
Establishment
Entity Type Name TFN/ABN/ACN Details Value Purpose/Activity
Country/Date
Company Liverpool City Council
Location of Deed: 1 The
Ramsay Family Broadway Penrith
SMSF ABN: Complying fund? No Est Date: 16/02/2007
Superannuation Fund NSW 2751
Date of Deed: 16/02/2007

Contact Details
Name Entity Type Contact Type Contact Detail Preferred Contact
Ramsay Family Superannuation neildr@hotmail.com;gramsay@
SMSF Home Email Yes
Fund gmail.com
Ramsay Family Superannuation
SMSF Other Email ramsayfamsf1882@gmail.com No
Fund

Addresses
Name Entity Type Status Address type Address
Ramsay Family Superannuation 1 (b) Twain St
SMSF Current Postal
Fund WINSTON HILLS, NSW 2153

Roles
Person's Name Roles Entity Name Details Preferred Contact Notes
Ramsay Family
Neil Douglas Ransay Director
Superannuation Fund
Ramsay Family
Glenn Stuart Ramsay Director
Superannuation Fund
Ramsay Family
Brenda Ramsay Director
Superannuation Fund
 Person's Name Roles Entity Name Details Preferred Contact Notes
Accumulated Phase Balance:
None
Pension Phase Balance: None
Ramsay Family
Neil Ramsay SMSF Member Total Balance: $ 21.00
Superannuation Fund
Date of Balance: 30/06/2017
Start Date: 16/02/2007
Date Joined: 16/02/2007
Accumulated Phase Balance:
None
Pension Phase Balance: None
Ramsay Family
Glenn Ramsay SMSF Member Total Balance: $ 21.00
Superannuation Fund
Date of Balance: 30/06/2017
Start Date: 16/02/2007
Date Joined: 16/02/2007
Accumulated Phase Balance:
None
Ramsay Family
Brenda Ramsay SMSF Member Pension Phase Balance: None
Superannuation Fund
Total Balance: $ 654,896.43
Date of Balance: 30/06/2017

Professionals
Professional's Name Profession Business Name Entity Name Entity Type Preferred Contact Notes
There are no records to display.
Employment
Current Employment
Client Type Details Employer Details
Employee Occupation: Health Inspector
Neil Ramsay Primary Employment Role: Senior Environmental Liverpool City Council
Permanent full-time Health Officer

Current Work Hazard

Client Employer Working Environment Mine/Gas/Oil Rural Driving Work Hazards
There are no records to display.

Previous Employment
Client Employer Details Duration Notes
There are no records to display.
Income

Clients’ Income
Current Earned Income
Annual
Client Employer Category Amount Frequency Notes
Amount
Neil Ramsay Liverpool City Council Ordinary Wages $ 106,708.00 Yearly $106,708

Other Income
Type Details Owner Annual Income Payment Details Notes
Property
Investment
Investment Property Neil Ramsay $33331.07 Fixed $ 33,331.07 Yearly Gross income
Rental
Annual Increase: None

Entities’ Income
Owner Annual Income Payment and
Asset Type Details Owner Owner Value Ownership % Notes
Income Frequency
There are no records to display.
Expenses
Home, Utilities and Food Expenses
Type Sub Type Amount Frequency Annual Amount Notes
There are no records to display.

Personal, Transport and Leisure Expenses

Type Sub Type Amount Frequency Annual Amount Notes
There are no records to display.

Health, Insurance, Education, Services and Other Expenses

Type Sub Type Amount Frequency Annual Amount Notes
Other Expenses Other Expenses $ 17,318.00 Yearly $17,318 Essential Exp.
Other Expenses Other Expenses $ 10,000.00 Yearly $10,000 Lifestyle Exp
Taxes Income Tax $ 27,638.00 Yearly $27,638
Assets
Purchase Value Centrelink
 Type  Sub Type Details Owners Current Value Annualised Notes
and Date Valuation
Stockland shares Neil Ramsay -
Investments Shares $15,676 $0
Status: Existing 100 %
Other Offset a/c 2 Neil Ramsay -
Investments $42,936 $0
Investments Status: Existing 100 %
Other Offset a/c 1 Neil Ramsay -
Investments $50,000 $0
Investments Status: Existing 100 %
Income: $
33331.07
Yearly; $
Investment Neil Ramsay - 33331.07 p.a
Property Status: Existing $1,500,000 $0 Gross income
Property 100 % Expense: $
4343.26 Yearly;
$ 4343.26 p.a

Home Neil Ramsay -

Personal Status: Existing $10,000 $0
Contents 100 %
Status: Existing
Address: 1B Twain Street Neil Ramsay - Asset not
Property Own Home $1,000,000 $0 funded by debt
Winston Hills New South 100 %
Wales 2153 Australia
Motor Camry Neil Ramsay -
Personal $5,000 $0
Vehicle Status: Existing 100 %
Motor Subaru Neil Ramsay -
Personal $26,000 $0
Vehicle Status: Existing 100 %
Debts
Balance
Type Sub Type Details Holders Interest Repayments Expense/Drawdown Notes
Outstanding
$ 1257 Fortnightly
Status: Current Type: Principal Credit Limit: $0
Investment Neil Ramsay - Initial Loan
Property Provider: St $180,708 4.17% Variable and interest
Property Loan 100 % Amount: $0
George Bank 100% tax
deductible
Insurance
Insurance Policy
Insurance Type Plan Information Specifics Owner/s Comment
Name: Local Government Super
Term Policy #: 3080682 Policy Purpose: No Neil Ramsay
Status: Inforce

Insurance Cover
Cover Policy Insured and Beneficiaries Benefits Sum Insured Specifics
TPD (Any Occupation) Term - Local Government Life Insured: Neil Ramsay
Beneficiaries: Status: Inforce $ 115,000.00 Start Date: 06/06/2007
Super?: Yes Super
Status: Inforce
Life (Term) Term - Local Government Life Insured: Neil Ramsay
Beneficiaries: with Level premium $ 345,000.00 Start Date: 06/06/2007
Super?: Yes Super
structure

Insurance Premiums and Fees

Name Policy Cover Amount Annual Amount Details Notes
Term Insurance Term Local
$ 16.08 Monthly $ 192.96
Premium Government Super
Retirement
Centrelink, Retirement, Superannuation Details
Neil Ramsay
Centrelink Details
Centrelink Customer Relationship Number (CRN)
Concession Cards
In continuous receipt of benefits from 31 Dec 2014? No
Gifted assets in the last 5 yrs? No
Registered for Pension Bonus Scheme?
Notes
Retirement Ambitions
Income required per annum in retirement $ 0.00
Intended retirement age
Minimum income required $ 0.00
Additional retirement lumpsum
Source Fund
Assets willing to sell to fund retirement
Superannuation Details
Complete superannuation details?
Contribution cap breached in the last 3FY?
Remaining concessional (before tax) contributions cap for this FY
$300,000 bring forward provision been used?
Remaining non-concessional (after tax) contributions cap for this FY
Contributed to offset small business capital gains? No
Received a transfer from a foreign superannuation fund? No
Received any structured settlements or personal injury payments? No
Fund where salary is sacrificed
Fund for Superannuation Guarantee Contributions
Contribution to Australian super fund in the past 3FY?
Notes

Retirement
Account Member Balance Account Type Status Details Notes
Provider: Active Super
Preservation Components
AccumulationScheme
$ 151,902.86 Existing     Component Balance:
Fund Name: Active Superannuation Fund
Neil Ramsay Date of Balance: Eligible Service Start Date: 151,902.86
Super Accumulation - Accumulation
30/06/2021 01/07/2004     Preserved Amount: $
Scheme 113,961.08
3080682

Superannuation Contributions
Fund Member Type Amount Frequency Annual Amount Details Notes Entry ID
There are no records to display.
 Estate Planning
Documents
Client Document Type Document Last Updated Document Location Document Details Notes
Neil Ramsay Will

Document Relationships

Estate Executors, Trustees and Will Copy Holders

Client Document Role Full Name Details

There are no records to display.

Estate Beneficiaries

Client Document Role Full Name Beneficiary %

There are no records to display.

Child Guardians

Client Document Full Name Role Children Details

There are no records to display.

Death Benefit Nomination Beneficiaries

Client Document Role Full Name Beneficiary %

There are no records to display.

Enduring Guardians
 Client Document Role Full Name
There are no records to display.

Power of Attorney

Client Document Role Full Name

There are no records to display.
Acknowledgement Terms

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Acknowledge that the information provided will be relied upon to prepare any recommendations regarding your financial position.
Acknowledge that if you do not accurately complete the Fact Find any recommendation or advice may be inappropriate to your needs and you risk making a
financial commitment that is not appropriate for your needs.
Understand that our Advisor is not to be held responsible for the advice to the extent that the advice is based on incomplete or inaccurate information.
Confirm you have been provided with and read and understood the Financial Services Guide prior to obtaining financial advice services.
Confirm that the information you have provided is to the best of your knowledge, complete, accurate, true and correct and you will contact your Advisor if any
of the information changes.
Confirm that, where you have provided data for other individuals, you have consulted with them before providing the information and make this declaration
on their behalf.
 

Neil Ramsay