Business and Finance

If you plan to go big with your business, you can never neglect the importance of Financial Management. It is an essential tool that is required to move ahead with your expansion plans. Generally, this critical aspect is disregarded because the entrepreneurs are unaware of its advantages and uses. Financial reports can help aid in making important future decisions. If you have a solo or micro business, then it is not imperative (more…)

What is fee for service financial planning?

Fee for service financial planning is where a client pays their financial adviser a fixed fee for the services and advice they provide.  Much like you would pay your mechanic to service your car.

Currently in Australia there are two main ways that financial planners are paid Commissions and Fee for Service:

1. Commissions – t (more…)

Investing for retirement has become more and more important over the years. The economy is not always stable and it has become extremely important to secure finances after retirement. With people retiring at the same age, but living much longer now than ever before, some people are spending a third of their life in retirement. During this time, they may rely on some of their retirement investments to pay for medical needs or hel (more…)

A personal financial planner is a practicing professional who can provide you with help in different personal financial issues. These professionals are experts in proper financial planning which includes cash flow management, investment planning, education planning, and even retirement planning. They also propose plans for risk management and insurance planning, tax management, and estate planning. They can even provide business su (more…)