Why it’s never too late for financial advice
It’s difficult to stay up to date with the economy and global financial markets, not to mention laws and regulations, all of which can affect your financial situation and life keeps changing too and with that, our financial needs and goals. Planning for the long term is a good way to manage these changes and ensure we can keep our finances on track. A financial adviser can help you do just this.
An adviser can get your finances organized, keep you up to date and help you grow your wealth. A financial adviser can analyze your financial circumstances and recommend strategies, which will make best use of your entitlements, such as Centrelink pensions and government contributions to low income earners. Tax can be a complicated issue and tax implications vary substantially, depending on where you are in life. For example, have you thought of the benefits of salary sacrificing? A financial adviser can help you navigate through these issues.
Circumstances change and an adviser can help you restructure investments, to best provide for your family. A plan that allows you to leave a legacy according to your wishes and one that accounts for your beneficiary’s personal circumstances. An adviser will review any existing personal insurance arrangements you or your family may have and recommend the policies best suited to your short and longer term needs.
If you have old super accounts still open, you may have insurance cover you’re not even aware of and for which you are still paying premiums and general cash management and budgeting, reviewing the management of your day-to-day finances and recommending strategies to help you save more effectively, or better manage your borrowings.
This may contain general advice. General advice is prepared without taking into account your objectives, financial situation or needs, and because of this, you should, before acting on the general advice, consider the appropriateness of the advice, having regard to your objectives, financial situation and needs and if the advice relates to the acquisition of a particular financial product for which a Product Disclosure Statement (PDS) is available, you should obtain the PDS relating to the particular product and consider it before making any decision whether to acquire the product.