There’s a wealth of financial information at your fingertips, so you can do your own research, contribute more to your super and set up savings or investment plans.
But depending on your personal circumstances and how complex your financial needs are, this could be difficult and time-consuming.
- Keep up with changes to super laws and government regulations
- Have an in-depth knowledge of financial products and markets
- Understand how to make the best use of super, retirement and tax strategies.
While it may be possible to look after your finances yourself, it’s worth weighing up the costs of receiving financial advice against the benefits.
Think about whether you have the time, knowledge and desire to put in the amount of effort required to get the most from your money – and whether you’re confident that you’ll achieve the results you want.