Review the Financial Plan

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 		This Best Practice supports ISO 22222 requirement 4.7 Monitoring the financial plan and financial planning relationship '4.7'
Thanks to PlanPlus and WEA for sharing their material for this Best Practices Guide.




Best Practice Principle: Monitoring your client’s situation in the appropriate areas will eliminate many problems before they occur. It will also let you identify opportunities to provide additional services, thus cementing your client relationship and generating additional revenue opportunities. Monitor the aspects of your client’s situation that are meaningful and beneficial. Areas might include:
  • their financial independence or retirement strategy to ensure they stay on track;
  • their asset allocation to ensure it is maintained through periodic rebalancing;
  • their tax situation to ensure that tax is minimized on an annual basis; and
  • insurance needs to ensure that changes in goals, objectives, or lifestyle are recognized in the needs on death or disability analysis.











Languages: Преглед на финансовия план (bg) | 检查理财规划 (ch) | Passez en revue le plan financier (fr) | A Pénzügyi Terv ellenőrzése (hu) | Revisione del piano finanziario (it) | Beoordeel het financiële plan (nl) | Revisando el Plan Financiero (sp)
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