Tik Tok “Finfluencers” and Instagram "Financial Guru’s" have captured a growing number of Australians that have been priced out of financial advice due to the costly and complicated nature of the current financial advice regime putting them at significant risk of unregulated and irresponsible advice.
Financial Advice has NEVER been a “One Size Fits All” approach. It requires the development of understanding, relationships, and trust to ascertain whether advice is required in the first place and what type of advice will add value.
Having just returned from last week Self-Managed Super Fund Association (SMSFA) National Conference where the governments Quality of Advice review was discussed and debated at length, this conversation between Jay and Ben (recorded in August 2021) is more relevant than ever before!
In this discussion Jay and Ben discuss those individuals where advice may not be suitable, the type of preparation you can do to get the most value when seeking advice, to those requiring complex advice around Self Managed Super Funds.
They discuss the spectrum of advice, the value of advice and the importance of personal reasonability, education, and client involvement in the entire process.
Articles Discussed:
If you are seeking personal financial advice specific to your circumstances you can contact the team at Burke Britton Financial Partners on 0352217700, admin@bbfp.com.au, visit our website at www.bbfp.com.au or book a 15min call to see how we can help you via https://app.acuityscheduling.com/schedule.php?owner=18922676
You can find us on Twitter, Instagram & Facebook @BurkeBrittonFP
PB Financial Solutions Pty Ltd trading as Burke Britton Financial Partners ABN 67 097 381 523. PB Financial Solutions Pty Ltd trading as Burke Britton Financial Partners are Authorised Representatives of AMP Financial Planning Pty Limited, ABN 89 051 208 327, AFS Licence No: 232706.
Any advice contained in this podcast is of general nature only and does not constitute personal financial product advice. In preparing this podcast, no account was taken as to the objectives, financial situation or needs of any particular person. Therefore, before making any decision, listeners should consider the appropriateness of the advice with regard to their particular objectives, financial situation and needs.
