Do you have a financial plan, when was it last reviewed?

We are all so busy, with the distractions of work and everyday life, that most of us neglect one of the major areas that will provide us with longer term security and peace of mind.

Almost every year we see changes in legislation, that mean we must review our financial strategies to ensure we are tweaking our plans as changes occur. If we don’t have a plan in place or review our current financial plans, we could be missing out on new strategies or being disadvantaged by not changing our current plans to more effective strategies.

All of this emphasises the need to have a plan in place, and regularly review our financial position. A qualified financial adviser is in a great position to advise the best strategies to achieve your financial objectives, and then a full review should take place on an annual basis and cover such topics as:

  • Do you have a well-documented and regularly reviewed financial strategy in place?
  • Have your financial objectives changed, as a result of any change in your circumstances?
  • Are you on course to achieving your objectives in the planned timeframe or are adjustments needed?
  • Has there been new legislation or taxation changes which you need to factor into your plan?
  • How have your investments performed and are they appropriate for current market conditions, or would you benefit from rebalancing your portfolio?
  • Are you adequately protected against changing financial and personal risks?

If you’re looking after your own investments, it might be time to ask a professional adviser to take a look at your strategy and portfolio to ensure it’s continuing to meet your changing needs now and into the future. It could prove to be the easiest and smartest financial decision you have ever made. Give us a call.   

Please note that this information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, you should consider whether the information is appropriate in light of your particular objectives, financial situation and needs.  It is strongly recommended that you do not act on any information contained before seeking personalised advice from a licensed financial adviser.

Need financial advice in Adelaide?

We are qualified to discuss everything covered in this article and encourage you to contact us if you have further questions.

Prominent Financial Services would welcome the opportunity to help you. We provide financial advice and guidance to ensure our clients are financially educated to make smart financial decisions. Book a ‘Free’ Discovery Call Today

Share This

Related Posts