Advertise Here
Icon

Directory

IconAssociations and Institutes
IconBBBEE Consulting and Verification Agencies
IconConsumer Protection
IconCorporate Governance
IconCredit Bureaus
IconFinancial Planners
IconLife Insurance Companies
IconLife Insurance Products
IconOmbud
IconOnline Quotes
IconPublic Loss Adjustors
IconPublications
IconRe-insurance Companies
IconRegulatory Authorities
IconSocial Grants (Government)
IconWellness Programs
Advertise Here
  Subscribe To »

Expert financial advice still recommended – especially in uncertain times

Published

2020

Mon

05

Oct

There's plenty of evidence to prove that a Financial Adviser in your life dramatically increases your ability to manage your finances, especially in challenging circumstances.

 

According to the research company, Columinate, 70% of people using an adviser are more confident about their financial situation.

 

Having an expert adviser is more than just moving money around, it's about making a realistic plan when unexpected events threaten your well-being, a financial adviser helps you create strategies for eliminating financial risk and building and protecting wealth over the long term.

 

"Expert Financial Advisers can help you prioritise what's important and find ways to be more efficient with money. Against the backdrop of COVID-19, and an economic downturn, where most people have suffered some kind of financial shock, an expert adviser can help stretch whatever income you have. They can also help protect your insurance or investment products by using the relief options available," says Johan Minnie, Group Sales Director at Liberty.

 

Backed by organisations whose business is to understand what happens if your income takes a knock – expert advisers can offer invaluable opinions and guidance in times of uncertainty.

Minnie says that everyone finds themselves in some uncertainty during this time.

 

"This pandemic has proven that our financial security is more fragile than we thought. Fortunately, expert advisers have trained for such times; and Liberty advisers have been further empowered with digital tools that allow them to guide South Africans needing financial advice," he says.

 

While the economic and health uncertainty brought about by this pandemic will linger for a while, working on your finances need not wait. A conversation with an adviser can address practical issues such as:

 

  1. Reviewing your monthly budget
  2. Working out a plan for your survival if you have had a financial shift
  3. Prioritising what you really need
  4. Getting you the help, you need
  5. Setting new goals or reviewing current ones

Anyone can also use the Liberty Quick Connect tool – a smart holistic assessment that evaluates your whole context, from how you're holding up mentally during the COVID-19 pandemic to a quick online financial wellness test to see how well you're managing your budget, emergency savings and retirement, plus how vulnerable your finances are to disruptions such as a critical illness or disability.

Working out a financial plan with the assistance of an expert financial adviser is the first step on your road to financial freedom, where dreams become practical and achievable goals. The research shows that this is especially true in times of uncertainty.

 

 
Source: Liberty
 
« Back to previous page Print this page » |
 

Breaking News »

Insurer Liberty adapts its education benefits to the realities of the pandemic

The COVID-19 pandemic has for now, not only changed the way the traditional schooling system functions but the cost of education as well. With home-schooling becoming the norm, more parents are opting ...
Read More »

  

Introducing our new eNews App

Insurance Gateway is thrilled to introduce our brand new electronic newspaper. The final product is available as both a mobile and desktop application. Our aim with the app was to develop an electronic newspaper ...
Read More »

  

Rule 19 – how it affects advisers and the industry, and are there tools to support advisers in complying?

In September 2019, Rule 19 of the Policyholder Protection Rules underwent critical changes impacting insurers and financial advisors. The changes in relation to the termination of long-term policies brought about ...
Read More »

  

1Life recognised as the top direct life insurer for the 10th year running

1Life Insurance has maintained its position as South Africa’s leading direct life insurer, with the largest market share, for the tenth consecutive year, within the long-term insurance industry. This is according ...
Read More »

 

More News »

Image

Healthcare »

Image

Investment »

Image

Retirement »

Image

Short-term »

Advertise Here
Advertise Here

From The Glossary »

Icon

Value Funds:

The primary investment objective of these funds is medium to long-term capital appreciation. They seek out value shares with low rice/earnings ratios and shares which trade at a discount to net asset value. This means if you sold off all the assets of the company, the total amount you would get would be worth more than the total value of the shares.
More Definitions »

 

Advertise

 

eZine

 

Contact IG

 

Media Pack

 

RSS Feeds

By using this website you agree to the Terms of Use.
Copyright © Insurance Gateway (Pty) Ltd 2004 - 2021. All Rights Reserved.