What is financial advice?

You will make all kinds of financial choices throughout your life, like managing your day-to-day spending, paying down debts or saving for the future. 

A financial adviser can support and guide you through those decisions, working closely with you to develop a tailored strategy based on your individual financial needs and goals.

They’ll review your total financial situation and help you understand what you want to achieve – setting clear financial and lifestyle goals.

As you move through life, your circumstances will change, but a financial adviser will help you review your goals and stay on track to meet them.

Because they have in-depth knowledge of super, retirement products, investments and insurance, they can also match you with the right solutions for your needs.

Financial advice is not just about money – it’s about enhancing your financial wellbeing.

Financial wellbeing can be defined as: 

• The confidence and security that comes from being able to meet your expenses.
• Feeling financially secure and in control.
• Having money left over after meeting your obligations to do or buy things that make you happy.
• Being able to save and invest for the future. 

Depending on your circumstances, achieving financial wellbeing takes some time and effort, especially if you’re experiencing financial stress.

Financial stress can affect your health, your relationships and finding a solution on your own might become difficult.

Ongoing financial advice can help you find the solutions you need to improve and maintain your financial wellbeing for the rest of your life.