Information for advice professionals only.
We've heard your feedback and recognise the need for high-quality, easy-to-understand content to help your clients navigate the world of finance. As part of our commitment to helping you deliver the best possible experience to your clients, we are proud to introduce our BT Financial Fundamentals. Each month we will provide a concise, easy-to-read guide that delves into a range of key financial concepts.
December - Your year-end review checklist
Kids finished school? No more school fees to pay? Maybe you’ve come into a windfall. Or you’ve been promoted and have a little bit of extra cash coming in the door. It’s what often happens as people head into their late 40s and 50s.
It’s a great time to rethink savings for retirement.
A lack of school fees or bigger pay packet can mean more disposable income. Kids leaving home could lower food bills and utility costs. Maybe you don't need the big house anymore and can free up extra cash.
These years are an opportunity for people to get on the front foot ahead of retirement. They can make a considerable difference to the amount a person has when they finish work.
BT’s tipsheet “How to prepare for retirement as you head into your 50s” provides practical and easy to understand tips on what you should think about to better prepare for retirement, particularly if family outgoings have decreased, or incomings have increased.
The tipsheet provides an overview of smart ways to put more into retirement, better providing for the years after work.
Each month, we will prepare and deliver this content to you in a user-friendly, digital format.
You can then distribute this to your clients as you see fit, either as part of your regular communication or as an additional resource. You can save time by using the client communication template we provide alongside the monthly content.
This will not only enrich your clients' knowledge but will also save you time and effort in explaining these concepts.
This service is designed to make your job easier and increase your clients' satisfaction:
1. Enhanced client engagement
Sparking meaningful conversations about your clients' financial goals and understanding.
Spending less time explaining basic concepts and more time on personalised advice and strategy.
3. Value addition
Demonstrating your commitment to your clients' financial literacy and well-being.
We believe this will help to strengthen the bonds between you and your clients and reinforce the value you provide as their trusted financial adviser.
This document has been prepared by BT, a part of Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian Credit Licence 233714 (Westpac) and is current as at 20 September 2023. The information in this document regarding taxation and legislative change is based on policy announcements which are yet to be passed as legislation and may be subject to future change. This information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to these factors before acting on it.