Financial planners not only for the wealthy, FPA says

financial-planning/FPA/financial-planners/financial-advice/financial-planner/

25 August 2014
| By Priya |
image
image
expand image

The Financial Planning Association (FPA) is using its annual Financial Planning Week to try and change consumer perceptions that financial planners are only for the affluent.

The FPA says Australians could be more proactive in ensuring their financial future is more secure, by accessing a planner.

The Association's consumer education campaign, Financial Planning Week, aims to increase consumer knowledge of financial advice and to debunk the perception that financial planners are only an option for the affluent.

The 14th annual Financial Planning Week runs from 25 August to 31 August. FPA CEO Mark Rantall believes the event is an opportunity to re-focus the discussion about financial advice and regain trust among consumers.

"We are aware that now more than ever, financial planners are in the spotlight. As a result, consumers may feel overwhelmed with information and might not know where to start looking or how to ensure they are receiving quality advice.

"Trust is a critical component of financial advice and Australians have the right to know that when they seek financial guidance, they can trust the person they find." FPA CEO Mark Rantall said.

Financial Planning Week aims to educate and illustrate the benefits of financial planning via a series of activities, including the ‘Ask an Expert' initiative that allows Australians to ask a financial planner any finance questions they may have.

"Financial Planning Week will be centred on the different life-stages, which can dictate various financial needs: young to mid-life, mid-life, pre-retirement and retirement."

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago

TOP PERFORMING FUNDS