IFFP - Why do I need to see a financial planner?

Why do I need to see a financial planner?

A financial planner can help you to achieve your financial goals and dreams throughout life:

Plan to achieve major objectives, such as home ownership, children’s education and higher education, travel, and probably the most important of all – a comfortable retirement.
Achieve your financial targets in the most effective manner by minimising tax and ensuring you benefit from any government concessions on offer.
Select the most appropriate investments to achieve your objectives.
Analyse your insurance needs, to ensure that you are protected from risks along the way, whether these be related to health, employment or investments.

How to find a good planner

When choosing a planner to help you with your financial needs, make sure they provide the following:

Your planner should look after your financial interests, not their own which can occur where commission based recommendations are made.
A Financial Services Guide, which explains conflicts of interest which may influence the planner ’s recommendations.
All costs should be clearly explained.
The advice should be clearly explained both verbally and in writing in a Statement of Advice.