We work with the Australasian Doctors Association to give its members structured financial support at each stage of that arc — from medical school through to the sale of a practice.
What the partnership gives AADA members
Our advice and services are tailored to suit the needs of the community — in this case, the particular arc of a medical career.
Educational dinners
Regular dinners for members on the financial questions a medical career actually raises — the registrar pay step, the first year as a consultant, practice ownership, and the run to the exit.
Social event sponsorship
We sponsor AADA social events to help the association promote and grow its community, without turning the evening into a sales floor.
Annual Conference sponsorship
We sponsor the AADA Annual Conference, supporting the association's largest gathering of the year and the professional development that comes with it.
Financial health checks
A member's position scored across cashflow, debt, risk, investment, retirement and estate planning, so the first conversation starts from facts rather than a general sense of being behind.
Financial planning
A written plan built around the shape of a medical income: a late start, a compressed peak, and a hard ceiling on what can go into superannuation.
Investment advice
Holdings, structures and contributions matched to the objective and the timeframe, with projections that update as the member's position changes.
Insurance services
Income protection, trauma, TPD and life cover — with close attention to occupation definitions, which is where cover for proceduralists most often fails.
Retirement planning
Contribution caps, Division 293 and Division 296, and what a realistic replacement income looks like on a specialist's earnings rather than an average one.
Tax planning
Structuring within the personal services income rules, service arrangements, and the small business CGT concessions that apply on the sale of a practice.
Healthy finances, happy life
The seminar we present to AADA members — the foundations, from medical school through to retirement. It opens on why a high income is not the same thing as a plan, then works through the four foundations of a good financial plan: a cashflow budget, a cash reserve, insurance, and investing well. Along the way, the 5 Rs of budgeting, what a realistic savings rate looks like on a medical income, the questions to ask of an income protection policy, and two case studies on why diversification matters.
General advice only. It does not take into account your objectives, financial situation or needs, and figures change — consider its appropriateness before acting on it.
Bring this to your members.
If you run a college, association, hospital department or training program and your members face the same arc, the program is available to them on the same basis.
Transfigr is a Corporate Authorised Representative (No. 1307597) of Financial Mandate Pty Ltd, AFSL No. 700151. Financial planning, investment, insurance and retirement advice is personal advice provided under that licence and is preceded by the usual disclosure documents; nothing on this page is itself personal financial, tax or legal advice. Figures in the seminar are current as at the date it was presented and change frequently — verify them before acting.
A financial wellbeing platform designed to help you understand your full financial picture. Built in Australia, for everyday Australians.
Evolucian Pty Ltd trading as "Transfigr" (Corporate Authorised Representative No. 1307597) is authorised under Financial Mandate Pty Ltd ABN 75 686 236 180 (the Licensee), the holder of Australian Financial Services Licence No. 700151.