IFSA offers fast facts on financial advice
The )Investment and Financial Services Association of Australia (IFSA has used Financial Planning Week as an opportunity to release a short fact sheet for consumers on how financial planners can help them to achieve their financial goals.
The Seven Fast Facts on Financial Advice inform consumers that while Australians have the highest levels of personal investments in the world, many are woefully unprepared for retirement, partly because they don’t think of themselves as investors and partly because they lack the skills and confidence to fully engage with their superannuation.
The fact sheet encourages consumers of all ages to consult a financial planner, pointing out that 94 per cent of those who do so are satisfied with their experience.
Commenting on the fact sheet, IFSA chief executive Richard Gilbert likened a session with a financial planner to a session with a personal trainer.
“The key to successful investing is discipline, and just as some people need a fitness coach to motivate them and get them into a tailored training regime, a financial planner will help get your savings regime into shape and on track so that people can reach adequacy in terms of retirement and other savings goals.”
The Seven Fast Facts on Financial Advice are available on the IFSA website — www.ifsa.com.au.
Financial Planning Week is an initiative of the Financial Planning Association and runs from May 19 to 28.
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