Welcome to Security National's Education Site

Ion Whykes, Sam Ball and Michael Pappas are Independent Financial Planners from Security National Financial Services. We specialise in meeting the financial needs of the teaching profession. We have helped thousands of principals and teachers plan a secure financial future for themselves and their families for over 15 years.

With an open and honest approach, we believe that financial advice need not be overly complicated, leaving you to consider the important factors in your life.

| Next »

Our aim is to provide you with quality advice and service at all times. We identify solutions that best match your needs and we are confident that the attention we give to you, adds value and peace of mind.

In addition to standard financial planning such as Investment Advice, Superannuation, Mortgage, Life Insurance, etc; our expertise extends to other areas of the financial planning industry, allowing us to provide unique financial strategies tailored to our client’s specific needs. These areas include Remuneration, Packaging, Social Security Benefits and ESS Super including the Revised and New Scheme benefits.

« Previous | Next »

ESS Super Revised Scheme

This is a defined benefit Superannuation scheme in which there may be a huge financial from resignation at 54-11 just before normal retirement currently age 55. It was introduced in 1975 by amendments to the Superannuation Act of 1958 and has been closed to new members since 30 June 1988. Revised Scheme provides retirement, resignation, retrenchment, death and disability benefits for permanent employees who were members of the Scheme and employed prior to 1 July 1988 by the Victorian Public Service, the Teaching Service and other participating agencies. more information

« Previous | Next »

ESS Super New Scheme

This is a defined benefit lump sum scheme. It was introduced in 1988 by amendments to the State Superannuation Act of 1988 and has been closed to new members since 31 December 1993. New Scheme members receive a defined benefit based on their length of recognised service and average salary. The defined benefit calculation also takes into account periods of leave without pay, part-time service and prior service. more information

« Previous | Next »

Long Service Leave

Long Service Leave entitlements accrue at the rate of 1.3 weeks for each year of completed service. These entitlements accumulate and become available to the employee after 10 years of service. more information

« Previous | Next »

Salary Packaging

Most employers now permit part of pre tax income to be directed into Superannuation where it is subject to a contributions tax of 15%. For annual taxable income above $35,000 to tax savings alone are equivalent to a return approximately 24%. The gains are even greater if the salary is in a higher tax bracket. more information

« Previous | Next »

Social Security Benefits

Many people are unaware that their security benefits such as: Age Pensions, Disability Support Pension, New Start Allowance, Widow Allowance, Family Tax Benefit etc... may be improved by appropriate rearrangement of finances.
Our planners possess the knowledge to determine to which benefits you may be entitled to and how to arrange your financial affairs in order to maximize these benefits. more information

« Previous | Next »

Personal Investment

Investments held outside Superannuation, provide a far greater level of flexibility and accessibility with no restrictions on when the funds can be accessed. Investments can be made using existing capital, or borrowed funds through gearing, or a combination of both. more information

« Previous | Next »