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Financial advice

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Financial advice can help you make important decisions about your money.

Whether you're just starting to invest, planning for retirement, reviewing your super, or going through a major life change, understanding how financial advice works can help you decide what support you need and how to choose an adviser that's right for you.

What is financial advice? Learn what financial advice is, how it can help with financial decisions, and the different ways advice can be delivered. Find out what personal advice covers, what good-quality advice looks like, and how financial advice can help you plan for the future.

General and personal financial advice. Understand the difference between financial information, general advice and personal advice. Learn when each may be appropriate and what to expect from advisers and advice providers.

Financial advice costs. Financial advice can involve different fees and charges depending on the type and scope of advice you receive. Learn about common financial advice costs and the questions to ask so you understand what you're paying for.

Choosing a financial adviser. Learn how to find and compare financial advisers, understand the services they offer, and decide what type of advice you need. Find out what questions to ask and what to look for before choosing an adviser.

Working with a financial adviser. Understand what to expect when working with a financial adviser. Learn how to prepare for your first meeting, review your Statement of Advice, keep your financial plan up to date, and understand your rights when receiving advice.

Problems with a financial adviser. Know the warning signs that something may be wrong with the advice or service you've received. Learn how to raise concerns, make a complaint, and end your relationship with an adviser if needed.

 

Use the financial advisers register to check a financial adviser's qualifications, training, professional memberships and work history. You can also check what products they can provide personal advice on.