Financial Planning Information

Provides information in financial planning and their relation to consumer and businesses.

Many working people looking for financial security neither have no time or expertise to adequately manage their financial affairs. These individuals depend on professional financial advisors to guide their decisions, these professional advisors are called financial planners.

Financial planners have specialist knowledge in the following areas:
  • Estate Planning
  • Social Security/Welfare
  • Retirement Planning
  • Investments
  • Insurance
  • Taxation
  • Risk Management

  • This knowledge is used to advise the client on what products are available for their future investment needs. However to find which products is suitable for each client, the financial planner must assess the clients attitude to risk.

    This ¡°risk tolerance¡± may be assessed through the form of a survey with questions Note: This form of assessment is not always accurate due to clients may not know what they want, or how risk tolerant they are.

    Once this risk tolerance is assessed, the client and planner will together go through each stage of clients life and create a unique financial plan that aims to meet clients long-term objectives.