
Author: Paul Rowse
"You've seen the TV advertising about comparing your Super accounts, you know the adds .. 'Compare the Pair'
Well I look at this from a different perspective.
Same age, same income.
One uses an industry fund. This one is happy about paying less, content that he/she has the cheapest deal around, happy to plug along and achieves the average return. Nice.
One pays a little more in fees to see a professional Financial Planner. In return for the slightly higher fees, this one receives "ongoing" guidance, coaching and advice. The Financial Planner provides advice and helps implement different financial strategies, saves tax, has more financial focus, pays his/her home loan down faster, has appropriate life insurance and claims support when something goes wrong AND even has an appropriate Will to ensure the family assets are protected in the event of the unthinkable occurring AND when this does happen, the family are supported through and after the event to ensure they are financially OK.
Which one do you want to be?