Below are a list of terms and their definitions to help you better navigate the world of finance. There are many confusing terms that can seem complicated and ambiguous – but we have tried to simplify this for you. Listed from A to Z, we have explained the main terms used in financial planning. If you have any questions please contact Elliot Watson on 0409 931 984. We are here to help.
- Accumulation Fund
- Age Pension
- Age Pension Age
- Aggressive Investment Mix
- Aggressive Investor
- Assessable Income
- Assets
- Assets Test Taper Rate
- Australian Bureau of Statistics (ABS)
- Australian Securities & Investments Commission (ASIC)
- Average Weekly Ordinary Time Earnings (AWOTE)
- Balanced Fund
- Balanced Investment Mix
- Balanced Investor
- Bank Account
- Before Tax Annual Income For Individuals
- Beneficiary
- Business Expense Insurance
- Capital Gain
- Child
- Collateral
- Commissions
- Complying Superannuation Fund
- Concessional Contributions
- Concessional Contributions Cap
- Conservative Investment Mix
- Conservative Investor
- Consumer Price Index (CPI)
- Contributions Tax
- Contributions To Superannuation
- Critical Illness
- Death Benefit
- Debt Consolidation
- Defensive Assets
- Defined Benefit Fund
- Dependant
- Diversification
- Dividend
- Eligible Rollover Fund (ERF)
- Employer Contributions
- Enduring Power Of Attorney
- Excess Concessional Contributions Tax
- Excess Contributions Tax
- Excess Non-Concessional Contributions
- Excess Non-Concessional Contributions Tax
- Fee For Service
- Fees
- Financial Adviser
- Financial Plan
- Financial Planner
- Franking Credit
- Fully Franked Dividend
- Future Dollars
- Gearing
- Government Co-Contributions
- Growth Assets
- Growth Investment Mix
- Guarantor
- Honeymoon Interest Rate
- Imputation Credit
- Income Producing Asset
- Income Protection
- Income Test
- Indexation
- Inflation
- Insurance
- Insurance Premium
- Interdependency Relationship
- Introductory Interest Rate
- Investment Mix
- Investment Strategy
- Investor Profile
- Leverage
- Liability
- Life Cover
- Life Insurance
- Liquidity
- Long-Term
- Long-Term Investment
- Lump Sum Contributions
- Management Fee
- Market
- Maturity
- Medicare Levy
- Member
- Member Contributions
- Moderately Aggressive Investor
- Moderately Conservative Investor
- Non-Binding Nomination
- Non-Commutable Income Stream
- Non-Concessional Contributions
- Non-Concessional Contributions Cap
- Offset Account
- Permanent Incapacity
- Personal After-Tax Contributions
- Personal Contributions
- Power Of Attorney
- Premium
- Preservation Age
- Product Disclosure Document (PDS)
- Real Rate Of Return
- Rebate
- Redraw Facility
- Return
- Risk
- Risk Profile
- Salary
- Salary Continuance
- Salary Sacrifice
- Short-Term Investment
- Spouse
- Superannuation
- Superannuation Benefit
- Superannuation Contributions
- Superannuation Guarantee Charge (SGC)
- Tax
- Terminal Medical Condition
- Today’s Dollars
- Total & Permanent Disability (TPD)
- Total & Permanent Illness
- Transition To Retirement Income Stream
- Trauma Insurance
- Undeducted Contributions
- Unencumbered
- Unsecured Loan
- Variable Home Loan
- Wealth Protection
- Work Test
- Working Test
- Yield