The FBD Blog – investments, insurance, pensions, savings in Ireland

There are many reasons why someone may use a qualified financial advisor.

One of the most common is that financial planning can be complex, particularly when considering retirement planning when tax issues arise.

 The rules and legislation surrounding this area of financial planning are constantly changing and it can be difficult to keep abreast of all the changes and how they can affect you or your retirement plan.

Even when your situation is not that complex very few people take the time to re-consider their goals, then develop or amend the appropriate strategy to achieve those goals. For couples, goals can be quite different and a QFA has a key role to play when advising clients through this.

There are certainly many people who are very aware and well read and are capable of managing their own financial affairs in relation to retirement planning. However some do not have either the inclination or the time to do so.

For example for someone in a very responsible or senior position, they often are time poor and value their leisure time.

For those who enjoy managing their own money guidance from a Qualified Financial Advisor is likely to be extremely valuable in checking whether your goals and financial arrangements are coming together. They should also ensure that you are using the most up to date tax allowances and exemptions. However engaging on an ongoing basis may not be necessary or appropriate.

It will cost nothing more than an investment in time to check it out!

-Boyd Scott