Financial Planning Checklist


The personal financial planning process is one which begins with defining your needs, objectives and your current situation. Once these are established and we get to know you better we are able to devise a strategy to meet your personal and financial goals.
Defining your current situation is the first essential step in this process and one that requires a great deal of information about your existing personal and financial arrangements. For this reason you should make sure you have access to policies, statements, agreements and estimates during your first consultation with us. We will ask you questions like what’s important to you?
To assist you in preparing for your visit, a checklist of possible required documents has been prepared. Of course this list will vary according to your circumstances and the type of advice you need. Having this information readily at hand will save you considerable time during your financial consultation.

CHECKLIST FOR CONSULTATION
Income:
Latest pay slip or group certificates (for employees)
Profit and loss statements (for businesses and self-employed)
Superannuation and Allocate Pension payments
Statement of other non-investment income
Family trust distribution documents
Maintenance payment agreement
Annuity income statements
Current Social Security pension and allowance payments
Investment income
Income protection payments

Assets:
Principal residence
Holiday house, Farm, Vacant land
Collectibles, House contents
Personal property (jewelry)
Motor vehicles, Caravan/boat
Superannuation and Allocated Pension balances
Bank Account and Term deposit balances
Managed Investment balances
Direct Share values
Business interest and assets
Loans receivable
Company or trust loan accounts
Life insurance cash surrender value
Other assets/valuables

Expenses – accounts / bills/ statements relating to:
Housing (rent statements, mortgage payments, rates, water, electricity, gas, telephone, house contents insurance, repairs/maintenance, furnishings/appliances)
Transport (petrol, registration, insurance, maintenance, loan/lease payments, parking, public transport)
Food
Health (health insurance, chemist, medical fees)
Education (school fees, child care)
Personal (clothing, footwear, entertainment, sports/hobbies, subscription/fees, life insurance, disability insurance, superannuation contributions)
Other expenses (child support, vet fees etc.)

Liabilities:
Principal residence mortgage
Other property mortgages
Motor vehicle debt
Investment loans
Total credit card debt
Other liabilities
Insurance policies
Life and TPD Insurance
Income Protection
Trauma & Critical Insurance
Business Expense Insurance
Child Trauma Insurance
Living Expense Insurance
Accident Insurance
Professional Indemnity Insurance
Car, House and Contents Insurance

Photo ID such as:
current driver’s license/permit
Australian or foreign passport