Why it pays to keep your adviser accountable

Posted by:

If you’ve been following my blogs you will know that I am a strong advocate for financial planners and the importance of seeking professional advice. However, financial advice is not a ‘set and forget’ exercise. You should still retain an element of personal responsibility for your own finances and you should definitely keep your adviser accountable for their ongoing service.

Here’s a really good example of why you should meet with your adviser at least once a year…

A client (let’s call ...

Continue Reading →
0

Cutting through the fake news

Posted by:

No matter how much the world around us changes (seriously, 2020 has been one hell of a ride), there are a few things that never do – the misconceptions around life insurance!

I’ve worked as an adviser for 8 years, and in finance for even longer, and I still hear the same excuses for not getting covered and the same ‘fake news’ about why people think it’s not for them.

It’s time to fact check some of those ideas!

I’m single – I ...

Continue Reading →
0

“How dumb are we not to have insurance?!”

Posted by:

I have a friend, let’s call him John, whom I have known for over 20 years. John is in his late 40s, married (to a woman in her mid-40s who we’ll call Jane) and they have 3 kids (2 of whom are dependant). John and I used to work together in Brisbane and over the past two decades we’ve had what I’d describe as intermittent contact.

As most people are, John and Jane are always busy, running around, working hard (they ...

Continue Reading →
0

How to manage your life admin (without losing your hair)

Posted by:

Be honest, how do you feel about 30 June? Not so much the day itself, but the implications that come with it. It marks the end of the Financial Year, which means tax time, which means getting your affairs in order, which means booking in with the accountant, which means a mad rush to try and find all your receipts, which means silently cursing yourself for not being more organised during the year, which ultimately makes you want to curl ...

Continue Reading →
0

What to do with your money in a corona-crisis

Posted by:

Are you like me and suffering from serious information overload at the moment? It seems like everyone you speak to has an opinion about how quickly things will return to ‘normal’, what the economic impact is going to be long-term, and whether you should invest in a lifetime’s supply of toilet paper.

Let’s face it – none of us have been through anything like this before. So no-one is going to have all the answers. But what you can do is ...

Continue Reading →
0

The countdown is on…

Posted by:

The countdown to the holidays is on. It’s the time of year when work starts to wind down, and you hear people say, “That can wait until after Christmas,” or, “I’ll get to that in the New Year”. But there are some things that are just too important to put off, even for the sake of a few weeks.

Six months ago, I met with a couple who wanted help with their insurances. They listened to my recommendations, but then they ...

Continue Reading →
0

How do you ask an expert when you don’t know where to find one?

Posted by:

When it comes to your finances, we often talk about the importance of asking an expert – a financial adviser. But how do you find one? And how do you measure their expertise?

Recommendations

By far the best place to start looking for a financial adviser is by asking your friends and family. If someone has a great experience with a product, shop or service, they’ll be only too happy to refer you to it. The same definitely goes for financial advice.

You ...

Continue Reading →
0

What are you paying for?

Posted by:

You might have noticed there have been a few reports in the media (again) about life insurance commissions. As you know, I’m extremely proud of the work the Monarch team does and firmly believe in the role financial advice plays in helping people secure their financial future. Which is why I felt it was important to outline just some of the ways we add value to our clients…

What we do – Build a strategy

Our role is not simply to get ...

Continue Reading →
0

Not all habits need to be broken

Posted by:

Do you have any bad habits? Things you do all the time but wish you didn’t? What about something your partner does that really annoys you? We tend to view habits as negative – something to be broken – and along with that goes the guilt and frustration when we can’t quit our bad habits.

But what about good habits?

We recently got the whole Monarch team together for a professional development session and the topic was ‘Improvement as Habit’. As facilitator, ...

Continue Reading →
0

Life is what happens when you’re busy making other plans

Posted by:

“Life is what happens when you’re busy making other plans.”

You’ve probably heard this John Lennon quote before. But have you ever noticed how true it really is? You could have your ideal milestones all mapped out, from your first career steps to the age you think you’ll be ready to get married and have kids, right through to when you’d like ...

Continue Reading →
0
Page 1 of 2 12