Your financial adviser – a trusted partner

Errol Meyer - Photo

In these days of instant gratification, the emphasis is on avoiding the use of ‘middlemen’ even when it comes to the tricky task of planning one’s financial future.

After all, why use a broker when you can access all the services and products you need digitally, or get advice from individual advisers on the products and services you are thinking about?

The answer is that it takes a professional, registered financial adviser to assess the risk and conflicts that may arise during a person’s lifetime.

It is critical to identify and plan for these events, which reinforces the need for proper planning and advice, says Errol Meyer, Senior Manager, Advisory Propositions at Standard Bank.

“With Standard Bank Financial Consultancy, we have advisory processes that provide additional value to our clients, in that we robustly review our advice and solutions that are offered to our clients.

“These processes ensure that our solutions meet the client’s needs and in fact deliver on the client’s goal.”

Meyer adds that “the services and solutions offered by a SBFC – Financial Planner goes through a rigorous process of being vetted and approved by a group of highly professional individuals. This enhances the value of our advice to our clients.”

An advisory committee reviews the process of providing advice, “both initially and the on-going reviews, thereby ensuring that all our financial planners provide professional services in accordance with legislative requirements.”

Ultimately, the financial planner assisting you should be able to offer you informed financial advice and fiduciary services across offerings, to build a comprehensive plan that caters for your present and future lifestyle.

What should not be forgotten is that planning one’s future is a highly personal process and is a life long journey. Having a relationship based on trust with a financial adviser is non-negotiable; after all, you should be confident that the person you are entrusting with some of the most important aspects of your life is someone whose recommendations and financial insights you value.

One of the truths about life is that nothing is permanent.

“An astute adviser is someone whose understanding of a wide range of disciplines translates into the ability to assess each option and then use them to build a personal plan that mitigates against the life risks that can arise. He or she should have the ability to take concepts across the entire range of the disciplines involved and be able to develop a plan that takes account of various factors that could impact on a clients’ future.

“It is the duty of a financial planner to enable the client to take an informed decision about the future. A trusted adviser should work hand-in-hand with the client to achieve this objective,” says Meyer.

 

 

 



Latest


28 Sep 2020
An agile workforce is key to navigating the pandemic

By: Donné Nieman, Commercial Manager at Workforce Staffing Applications for the UIF/Temporary Employment Services (TES) grant to alleviate employee layoffs…

An agile workforce is key to navigating the pandemic

By: Donné Nieman, Commercial Manager at Workforce Staffing Applications for the UIF/Temporary Employment Services (TES) grant to alleviate employee layoffs has closed. But this was always going to be a temporary measure. The long-term implications of the COVID-19 pandemic on our economy will continue to resonate and be a permanent…

28 Sep 2020
The real reason you should be investing offshore

By: Chris Potgieter, Managing Director of Old Mutual Wealth Private Client Securities Discounting for a moment the state of the…

The real reason you should be investing offshore

By: Chris Potgieter, Managing Director of Old Mutual Wealth Private Client Securities Discounting for a moment the state of the local economy and one’s particular socio-political view, the key motivation for any investor to invest offshore should be to have appropriately diversified wealth in pursuit of real capital growth at…

21 Sep 2020
Women are lagging in retirement savings and are debilitated by stress

In a recent study of their client base, Momentum Corporate revealed that almost half (41%) of the employees on the…

Women are lagging in retirement savings and are debilitated by stress

In a recent study of their client base, Momentum Corporate revealed that almost half (41%) of the employees on the FundsAtWork Umbrella Funds are women. With an almost 50/50 gender split across the client base, a one-size-fits-all approach to advice on employee benefits simply won’t cut it. This is according…

15 Sep 2020
Despite COVID-19, SA investors expect higher future returns

Even as COVID-19 halted the longest economic expansion on record and plunged the world into deep recession, South African investors…

Despite COVID-19, SA investors expect higher future returns

Even as COVID-19 halted the longest economic expansion on record and plunged the world into deep recession, South African investors expect to make an average annual total return of 12.67% – almost 2% higher than the global average predicted returns of 10.9%. This was revealed in the recently released Schroders’…


Top stories


10 Apr 2020
When the going gets tough, farmers are on familiar territory

South African farmers are old hands at adapting to uncertain and daunting circumstances, and our local agricultural industry has proved…

When the going gets tough, farmers are on familiar territory

South African farmers are old hands at adapting to uncertain and daunting circumstances, and our local agricultural industry has proved to be most enterprising in acclimatising to challenges as they arise.

10 Sep 2020
How too much choice is draining your brain

By: Paul Nixon, head of technical marketing and behavioural finance at Momentum Investments From the words of Francis Scott Key…

How too much choice is draining your brain

By: Paul Nixon, head of technical marketing and behavioural finance at Momentum Investments From the words of Francis Scott Key that dubbed America “The land of the free”, which stuck, to the unforgettable Mel Gibson monologue where an army of painted Scots were willing to trade their lives for the…

13 Apr 2020
Investors should keep a reasonable investment allocation outside of SA

MoneyMarketing asked Roland Gräbe, the head of Tailored Fund Portfolios at Old Mutual Wealth, about offshore investments in the COVID-19…

Investors should keep a reasonable investment allocation outside of SA

MoneyMarketing asked Roland Gräbe, the head of Tailored Fund Portfolios at Old Mutual Wealth, about offshore investments in the COVID-19 environment and what form a global market recovery will take.

13 Apr 2020
SA’s Proposed Covid-19 Disaster Management Tax Relief

The National Treasury recently issued the draft Disaster Management Tax Relief Bill (Bill) for public comment by 15 April. The…

SA’s Proposed Covid-19 Disaster Management Tax Relief

The National Treasury recently issued the draft Disaster Management Tax Relief Bill (Bill) for public comment by 15 April. The draft Bill, together with its explanatory memorandum, provides clarity with regards the tax relief measures President Cyril Ramaphosa announced on 23 March.


Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za