Tuesday, 16 June 2015

Financial Advice requires Team Work

How effectively are you working with your Financial Adviser?

There is no shortage of investment and financial advice but effective financial planning involves far more than buying “off the shelf” pension schemes or life assurance policies.

Professional financial advice can only be given if the adviser is prepared to listen to what clients want. The adviser must obtain a thorough knowledge and understanding of their client’s personal and financial circumstances, aims and objectives. Furthermore, the adviser should help clients to fully understand the financial realities of risk, reward, income, inflation and taxation.