Financial Planning & You
What is Financial Planning
Financial planning is the process of meeting your life goals through the proper management of your finances.
Your life goals could include buying a home, saving for your children's education, managing debt or planning for retirement.
Financial planners use a six-step process, which is defined by the Financial Planners Association (FPA) - the professional association that governs the industry.
This six-step process helps you take a look at the 'big picture' - where you are, and where you want to be financially, and helps to work out what you need to do now and in the future to reach your goals.
Benefits of Financial Planning
Financial planning provides direction and meaning to your financial decisions. It allows you to understand how each decision you make affects other areas of your finances.
For example, buying a particular investment product might pay off your mortgage faster, or it may in fact delay your retirement significantly. By viewing each financial decision as a part of a whole, you can consider its short term and long term effects on your life goals. You can also adapt more easily to life changes and feel secure that you are on track to achieve your objectives.
Questions to ask a Financial Planner
When choosing a financial planner, the Financial Planning Association (FPA) and Pivotal recommend you ask the following questions:
- Could I have a copy of your FSG (Financial Services Guide)?
- What is your approach to financial planning?
- How much do you typically charge?
- What do I need to know about risk?
- Can I have a written SOA (Statement of Advice)?
- Will my financial plan change as my circumstances and needs change?
- How do you resolve any issues of dispute that may arise?
If you have any queries, please contact Pivotal Financial Advisers Limited on the numbers below.
Does Pivotal offer you the right opportunity?
We invite you to explore the possibilities with us ....for
your success

Pivotal Financial Advisers Limited ABN 13 085 335 397 AFSL
237857
Nothing contained on this website should be viewed as personal financial advice.
No individual's financial circumstances, needs or objectives have been taken
into account in preparation of this information. Prior to making any decisions
we recommend that you consult your financial adviser.
|