Retirement and Estate Planning Solutions

The retirement phase of people's lives is fundamentally different from anything leading up to retirement and can be daunting. Lambda Financial Solutions (“Lambda") specialises in tailored retirement planning and can help you to design and meet your retirement and estate planning objectives.

Lambda's experience has shown there are two distinct phases in tailored retirement planning.

The first is the accumulation phase , in which the focus is on strategies to accumulate and protect assets for retirement and to insure for unexpected, adverse events.

The second is the retirement phase , in which the focus is on strategies to optimise pension and investment structures and financial outcomes.

Estate Planning

An integral component of both phases is estate planning, which focuses on ways to protect assets and derive optimal financial outcomes for intended beneficiaries.

“Failure to design an effective estate plan can lead to reduced wealth being passed to beneficiaries, subsequent loss of that wealth to unintended beneficiaries, or unnecessary taxation liabilities. Is that what you want?”

Estate planning is critical to ensure that:

• income and capital are distributed to the intended beneficiaries
• estate assets are protected against bankruptcy and legal claims to the extent that is legally possible
• financial outcomes are optimised for the beneficiaries

Superannuation and Actuarial

Lambda delivers a wide range of superannuation and actuarial services to institutions and organisations.

Superannuation
Lambda provides tailor-made solutions to self-managed, corporate and industry superannuation funds.

Fund Establishment
Advice on trust deeds and amendments, as well as benefit design.

Lambda, in conjunction with legal experts, has developed a range of flexible trust deeds to suit the diverse needs of clients. The trust deeds are continually monitored to ensure full compliance with changing legislation.

Fund Review
Lambda provides a full range of services in reviewing the needs of existing funds.

These services include fund wind-ups, transfers, trustee indemnity insurance, actuarial consulting and reviewing, recommending alternatives such as master funds.

Compliance Consulting
Ensuring superannuation funds meet the ever-changing raft of regulatory requirements is part of Lambda's charter.

Lambda advises trustees on maintaining compliance with the Australian Taxation Office (ATO) as well as the Australian Prudential Regulatory Authority (APRA) , and the Australian Securities and Investment Corporation (ASIC) .

From preparation of a SIS procedures manual to establishing procedures for dispute resolution, claim staking, identification of beneficiaries, automatic rollovers (including an eligible rollover fund) and unclaimed monies, Lambda ensures trustees meet the full range of procedural requirements.

Actuarial Consulting and Services
Lambda will only provide actuarial services that are signed by a suitably qualified Actuary.

Lambda provides a wide range of actuarial consulting and risk management services to industry, corporate and self-managed funds, friendly societies, public and private companies, and trusts.

Pension Funds (Account Based & Defined Benefit)
Lambda prepares actuarial investigations for funds paying lifetime or life expectancy pensions as well as certificates to exempt pension assets from income and capital gains tax.

Other Actuarial Services
Lambda provides a range of specialist actuarial services, including valuing outstanding claim liabilities, solvency analysis, financial projections and risk financing analysis, calculating reversions, annuities, compensation liabilities and life interests, as well as valuing benefits available under compensation schemes, analysing financial projections and cash flow, and statistical analysis and modelling.