Finance News

The Value of Financial Advice… How much better off will you be?

The Value of Financial Advice… How much better off will you be? Author: Diana Antonious You may ask yourself if seeing a financial adviser will be worth it. What would be the value in paying a fee for advice regarding your finances? Independent research, commissioned by the Financial Services Council and conducted by KPMG Econtech, showed “people who receive financial advice will be almost $100,000 better off at retirement"[1]. Who would say no to that? Getting the right financial advice can make a big difference, and not getting the right financial advice may be holding you back. A financial adviser is like a financial coach and can help you through every stage of your life, irrespective of age or income. They are there to help you navigate the complex legislation, to strategise, and to help you make more informed decisions about your finances. A licensed, qualified financial adviser can give you specialist advice in a range of areas. John Brogden, CEO of the Financial Services Council, said the research shows that “quality financial advice has the ability to change an individual’s savings behaviour and encourage greater financial discipline, no matter what their age or level of income”.  He went on to describe the research as compelling, and demonstrating “the significant value of financial advice in ensuring Australians saved more". Expertise is a valuable thing, especially the right kind of expertise. An accredited financial adviser licensed by ASIC can give you the advice an accountant cannot. Just like a dentist and your local doctor, there is a difference in the services and the advice that a financial adviser and an accountant can offer. Your financial future is not only determined by your income, but by the financial decisions you make today that affect your tomorrow. The earlier you see a financial adviser, the more time you have to reach your goals. There is no better time to start your tomorrow than today. Make sure you are in the hands of one of our knowledgeable and accredited financial advisers who will build the foundation you need to be financially stronger. Take control and ownership of your future – see a financial adviser today and make sure you are better off. Contact our office for a complementary assessment.           [1] http://test.fsc.org.au/downloads/file/MediaReleaseFile/160211_ValueofAdvice_mediarelease.pdf General Advice Disclosure: This document contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information. If you decide to purchase or vary a financial product, your financial adviser, AMP Financial Planning and other companies within the AMP Group may receive fees and other benefits. The fees will be a dollar amount and/or a percentage of either the premium you pay or the value of your investment. Please contact us if you want more information.

ASCK Pty Ltd (ACN 105 450 566), trading as AMEGA Financial Solutions is an Authorised Representative and Credit Representative of AMP Financial Planning Pty Limited Australian Financial Services Licensee and Australian Credit Licensee 232 706. General advice warning: This website contains general information only. It does not take into account your objectives, financial situation or needs. Please consider the appropriateness of the information in light of your personal circumstances.

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