Common financial planning questions and answers can be found at the following websites:
Financial Advice Association Australia
Q. Is the advice provided by Moneyplan as secure as receiving advice from a large institution?
A. Yes, we are both giving advice only. If you invest money you are not invested in either Moneyplan the business or alternatively the larger institution the business, the investment is with the specific product/strategy (e.g. direct shares, managed funds, term deposit etc.). Furthermore, all financial planning businesses (small private and large banks) have legislated levels of professional indemnity insurance in force to protect you as the client.
Q. How does the financial planning process work?
A. Please click the following link to read about our advice process
Q. What are the costs to engage with Moneyplan?
A. We have summarised this below, however you can also refer to the Financial Services Guide (FSG) located at the bottom of this webpage for more detail.
There is no cost to you for the initial 15 min introductory phone call or the initial discovery meeting.
There are three types of costs when engaging Moneyplan’s services, which include:
Financial Plan Preparation and Presentation Cost – This covers our initial meeting/s, strategy/product research and analysis, liaising with third party providers/professionals, as well as the financial plan detailing the recommended strategies and finally the presentation of your plan.
Financial Plan Implementation – This covers the time and complexity of implementing the structures and strategies for your plan.
Annual Advisory and Partnership Cost – This covers our annual service offering (if appropriate for you) that includes strategic financial advisory, investment management and a partner in managing your financial life.
Your advisory cost is an investment in yourself and your future.