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“KEVIN Nicol is not your typical entrepreneur. For a start he heads an accounting firm, working in a profession that has been built on an image of conservatism.

However, for Nicol (pictured), the CEO of Gold Coast based Quill Group, dramatic changes in the world of business have demanded a strategy that keeps pace.”

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Whilst there is no magic age to start planning for retirement, the simple answer is the earlier you start, the more chance you have to achieve the retirement you dream of. This really comes into play because of the compounding interest effect and how powerful it can be.

According to The Association of Superannuation Funds of Australia’s (ASFA) Retirement Standard, a couple expecting a comfortable retirement will need an average of $60,457 a year.

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Elston Asset Management has announced a strategic partnership with wealth management firm, Quill Group to launch a private label separately managed account (SMA) offering via HUB24.

Elston head of distribution, Mark Smith said: “The team at Quill have long recognised the benefits of managed accounts in delivering not only some great outcomes for their clients but also greater scale and efficiencies for their business”.

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