Potts Financial Services Pty Ltd

Potts Financial Services Pty Ltd We provide advise on superannuation, insurance and investments.

We are not linked to any insurance or superannuation company so you can be assured that we will be seeking the best deal for you. ABN: 16 603 409 785
ACN: 603 409 785

Potts Financial Services is a Corporate Authorised Representative (470 850) of Shartru Wealth Management (AFSL Number 422 409)

Andrew Potts is an Authorised Representative (468 035) of Shartru Wealth Management (AFSL Number 422 409)

06/05/2026

We are only six days from the 2026 Federal Budget and I am concerned it is going to be highly inflationary. This notion of “targeted cost of living relief” must stop, we have the government handing money out and the trying to take money out of peoples pockets. The two competing forces will result in higher interest rates.

My thoughts, two to three more rate rises to come in quick succession. People can blame the Iran war all they want, inflation was getting out of control prior to this.

Fact Check: FalseInterestingly, most group insurance covers have a blanket exclusion on pre-existing illnesses and injur...
01/05/2026

Fact Check: False

Interestingly, most group insurance covers have a blanket exclusion on pre-existing illnesses and injuries. Group insurers can change within a super fund from time to time too, and this usually resets that date.

Underwriting at claim time is a lot worse than underwriting at application time. Know where you stand, get in touch to discuss your insurance through superannuation arrangements.

12/04/2026

Come with me on a day trip to Sydney where I caught up with some clients and got out to Bankstown Oval to see play in the Green v Gold game. 4.30am wake up and touchdown in Melbourne around midnight sure made for a long day, but certainly worthwhile. Sydney is certainly one of my favourite places to go!

01/04/2026

Part two explains trauma policies. These are a vital part of the protection plan, they cover critical illnesses such as heart attacks, cancers, strokes, severe trauma that results in ICU for a prolonged period of time and the list goes on.

Whilst neither of the players in question would be eligible for a claim under this policy, there are several players in the past that would have been, the league has certainly not been immune from critical illnesses.

It is so important that people have their insurance needs reviewed. Trauma sees so many claims and given medical science has developed in a way that most people live through these critical illnesses, insuring against the financial impacts is vital.

31/03/2026

TPD insurance for head trauma caused on the football field, here is a description as to why this is unlikely to qualify under any occupation TPD policy.

Once again we have our industry trashed by those in the media that simply do not know what they are talking about.

Was out of the office all of last week attending the conference at the . Was fantastic to be at a conference where ther...
29/03/2026

Was out of the office all of last week attending the conference at the . Was fantastic to be at a conference where there were so many great presentations and networking opportunities.

As always, fantastic to catch up with some old friends and make some new ones as well!

20/03/2026

new Div296 superannuation tax is unlikely to have any material impact on those with higher superannuation balances given most are retired and can pull the funds out and invest them in other lower tax investment tools such as investment bonds, company structures or trusts. Advisers will simply restructure the way their clients are set up and the projected revenue will as usual, be found wanting by a treasurer with not a fiscal brain cell in his body.

19/03/2026

How do interest rates help slow inflation? Well, it is more than just taking money out of mortgage holders pockets in increased payments.

It works, history tells us that. We need to be patient with this and accept that there will likely be a few more rate rises to come in short succession.

10/03/2026

Current fuel prices in Australia are basic supply and demand. We have two issues, over the top demand caused by clowns who think they need to stockpile fuel at their home and a potential reduced supply due to some supply chain issues. This will always lead to an increase in price to ensure that there is supply left over.

If you are out there panic buying and hoarding fuel, you are probably someone who did that with toilet paper in COVID. Any sensible person is not doing that.

If everyone just behaves like normal people, prices will come back down!

16/02/2026

For those of you on defined benefit superannuation plans thinks you should lose your payments! These people have paid into the fund, some for their entire working life, under a system that pays a pension based on contribution and salary rather than a lump sum like an accumulation account. These have their cons, once you die, a diluted amount is paid to your spouse if they survive you and once they die that is it, nothing for the estate unlike accumulation super. Live a long time, you win, die a few years into retirement, the fund wins.

For Gerard to even suggest that someone who has contributed for their entire life should not receive their superannuation payment is dangerous and utterly appalling. He, and many others at the moment, are appealing to the lowest common denominator. You really need to ask yourself where you are at if you are agreeing with this sort of stuff.

These days, anyone joining the work force will be in an accumulation fund, these became rare at the turn of the millennium and basically defunct to new members around 2005. Even the politicians DB scheme ceased for those elected from the 2004 general election onwards!

Address

Wantirna South, VIC
3152

Telephone

+61424969228

Website

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