Posts Tagged ‘financial planning’
Why general advice, is no advice at all
By Dante De Gori, CEO, Financial Planning Association of Australia. Trusted and transparent financial advice is the right of every Australian. And whilst it is extremely important that more Australians seek advice, it’s just as important they know what they’re getting. There is significant confusion among consumers, and within industry, media and Government about…
Read MoreThe first step in becoming a millionaire
– This blog was first published on The Hip Pocket – From that glorious moment you receive your first lump sum in the form of pocket money, you begin to make financial decisions. At that point, these decisions may involve choosing between saving that exciting gold coin in your piggy bank, or using it to…
Read MoreTen things you're doing wrong at tax time
Let’s admit it. Putting together a tax return isn’t exactly something most people relish. But completed correctly, it can be one of the largest lump sum payments some of us receive each year. So, it definitely pays to get it right! Unfortunately, though, not all of the 8.5 million or so Australians who submit a…
Read MoreSix Tips for Finding the Right Financial Planner
Professional financial advice can significantly improve your financial wellbeing. Finding the right financial planner however is no easy task, so it’s important you know what to look for. Here are six tips to help you in your search: A license to provide financial advice Always look for a financial planner who works for a firm…
Read MoreThree Times You Need to Be More Than a Financial Planner
As a trusted financial planner, it’s not always just about the money for your clients. Sometimes you may be dealing with simple, arms-length requirements, such as growing an SMSF to a certain amount, or building an investment portfolio that achieves a certain return. Oftentimes, however, you will be helping clients navigate the most sensitive and…
Read MoreWellbeing Trumps Wealth
It is so easy to get swept into the cycle of thinking that having more money leads to a happier, more fulfilling life. But wealth isn’t a golden ticket to happiness, and a good financial plan will find the balance between wealth and well-being. Here are three outcomes from a good financial plan that…
Read MoreSafeguarding your retirement plan
From wills to long-term budgeting, there’s a lot to think about when making your retirement to-do list. Here’s some tips to make sure you’ve ticked all the boxes. 1. Check your will Without a valid will, an administrator will be appointed to manage your estate, which may cause your family plenty of problems. To save…
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