In our engagements with clients we establish what lifestyle our client wants to attain.  In order to achieve the desired lifestyle we develop then, with our client, a financial plan of how to build, develop and protect the desired lifestyle. A financial plan is a road map of how the client will achieve the lifestyle goals through investments, financial products and insurance. A good financial plan considers factors such as how to best maximise opportunities to save tax, how to build wealth and capital and how best to protect your assets and dependants.

The plan also takes into account the client’s appetite for risk, how much time the client has to achieve the goals, the current assets, liabilities and expenditure and important life events that may be taking place or approaching. There are certain risks that we take into consideration in order to protect a client’s lifestyle. These are: the risk of dying too soon before you have built up the estate you desire; the risk of losing your income as a result of some form of disability or impairment that does not allow you to continue working; contracting a dread disease and being burdened with the associated costs; the risk of losing or being denied insurance cover in the future, either because temporary circumstances mean you cannot make the payments or because your health or circumstances have changed such that you will not be granted insurance.