Frequently Asked Questions (FAQs)

To make the most of your financial position, it’s important to ensure you’re employing strategies for your superannuation, investments, the amount of tax you’re paying, retirement planning and protecting your income and assets from the unexpected.

Personal insurance helps protect your income and assets in the event of illness, injury, permanent incapacity, traumatic illness or death. It’s a key ingredient in a robust financial strategy, particularly if you have financial dependants or you’re building assets from personal effort to help fund retirement or future goals. 

Most people choose to see a financial adviser at significant turning points in their life. They may need a professional to help them consider their options and to understand financial products, tax laws or the benefit system. Once people find an adviser with whom they’re comfortable, a long-term relationship often develops with regular meetings to review changing needs.

People most often consult a financial planner when:

• Starting work or changing jobs and looking at superannuation options
• Getting married, or separating from a partner
• Starting a family, and saving for education costs
• Buying a house, or paying off the mortgage
• Looking to invest for capital growth
• Planning to retire
• Inheriting money, receiving redundancy payments or other lump sum payments.

The actual amount of your savings or assets does not matter. The situation of each individual is unique and equally important. A Financial Adviser will look at your situation and help you with a strategy that is best for you.

Again the costs will be different for different individuals as their circumstances are unique. The two things to remember is that the first consultation is free with our Advisers and that before you act on our recommendations, you will understand fully the benefits and the costs.

Expect to tell your financial planner a range of personal information to help them get an accurate picture of exactly where you are now and what you want from financial planning. They have to understand your situation completely - so do not leave out any vital information. To help put together your financial plan, a financial planner will use information such as:

• Your age.
• Income - now and what you expect to be earning in the future.
• How many dependants you have.
• Everyday expenses - how much it costs you to live now.
• Possible future expenses - having a family, education, travel, house renovations.
• How much tax you pay now (and/or owe).
• How much you have in assets (house, car, shares, valuables).
• How much you owe in loans (mortgage, personal loans, credit card debt).
• Amount you have invested in superannuation or other investments.
• Insurance - what are you covered for already, and how much would you receive in case of a claim? 

If your query has not been addressed, please Contact Us.