Is a financial adviser (financial planner) necessary ? - superannuation advice
I need advice on pension and investment funds. A consultant recommended by a friend of loads up to 3.5% of the total investment. And there will be no charge for the preparation of a statement of advice. I wonder whether it's worth it.
Thursday, January 7, 2010
Superannuation Advice Is A Financial Adviser (financial Planner) Necessary ?
3 comments:
Shop with a value of more than a financial advisor. His charges are different. The quality of the advice also differs. The higher fee does not guarantee the best advice. In general, however, you're probably better off with a consultant in installments rather than one that sells its financial products revenue. It's always good to pay only for financial advice. Can you do the same, make sure that your assets are always held in his name, and not on behalf of a consultant or other intermediary 3rd party. Similarly, the reports that are directly to you, and not by a consultant or a part of another 3rd
when it comes to investments that can teach you ... prepared, however, the time to give information about this topic, here is a link good for beginners
http://www.investopedia.com/university/b ...
1) Yes
2) Yes (If it is at least 35% per year for you to do)
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