Who is FASEA?

FASEA was established in 2017 and stands for Financial Adviser Standards and Ethics Authority. FASEA set the education, training and ethical standards of licensed financial advisers in Australia. There are 5 core values we as financial advisers need to comply with and they are trustworthiness, competence, honesty, fairness and diligence.

How do we meet FASEA standards?

We need to comply with the twelve standards that form part of the FASEA Code of Ethics standard. To meet these standards, we must always act to realise and promote the values of trustworthiness, competence, honesty, fairness and diligence.

Why do you need Financial Planners?

Financial Planners are there to tailor the best possible strategy to meet your needs. With the market ever changing, it is important to have a professional to monitor and perform the necessary changes to maximise your investment returns and tax savings. Financial planners may be able to assist you in providing security and planning for your retirement and minimise the timeframe to become debt-free.

What information is required prior to providing our clients financial advice?

In order for us to provide personal financial advice, we need to get details of the client’s current status, goals, objectives, financial situations and additional information into insurances and family commitments to better understand the risk and net position before providing the tailored financial plan.

What financial advice is suitable to your needs?

Each individual is positioned in a different stage of their life-cycle in life, from wealth accumulation, to risk control to looking after their young family, then finally retirement. The financial advice we provide to clients are tailored to their specific needs, goals and objectives at each stage of their life cycle.

Are there any initial fees in our first meeting?

Our first meeting is always free to ensure we can obtain all information before we can provide our client’s best possible financial plan.

How often is your financial plan reviewed?

To ensure the financial strategy is continually evolving around your change in circumstances and market conditions, an annual catch up is always recommended.

What are the ongoing fees?

Fees differ for each client dependant on the work being performed and the advice being provided.

How is fraud and compliance monitored?

Fraud and compliance have the utmost importance to us. We ensure your personal information is kept safely and will not be disclosed to any unauthorised parties. All employees within our business will have continual professional development training and all work carried out will be reviewed to ensure compliance and that no fraudulent activity is carried out.

Are all investments guaranteed positive return?

We all hope investment returns provide a good positive return but in reality, there is no such thing. Unfortunately, past performances are not an indication of future future performance.

How can direct investment property be held within your portfolio?

Direct investment property can be either held in your name, a trust or within a Self-Managed Superannuation Fund. The entity that is holding the direct investment property will have different tax implications.

Is gearing beneficial to your portfolio?

Gearing is only considered on your portfolio dependent on your financial situation, risk tolerance and other factors, therefore it is looked at on a case-by-case basis.