A financial review is a process that appraises your outgoings to make sure you don’t spend more than you need to. It will also look at how best to make your money work by weighing up investment options and tax-saving opportunities.
A financial review is pain-free and you won’t need to read the equivalent of War and Peace for your bank account. A professional financial advisor will ask a few questions about what you earn and your expenses – fixed and disposable – to paint a picture of your current financial sitting.
The purpose of a financial review is also to consider future goals and outline anything that might need cover in the future, such as income protection or critical illness cover.
Following a review of your financial situation, recommendations will be provided. Investment opportunities, protection policies and ongoing reviews will be discussed and set-up where necessary in accordance with agreements.