Each plan has its own unique “targeted return %” (see page 3), which is an essential part of the plan, as it allows one to be clear on the required growth p.a., in line with the initial goals set out when first creating the plan. Reporting is done every quarter, and the returns for that quarter are clearly illustrated. This clear illustration of growth for the quarter allows both the advisor and the client to determine if the plan is on track to achieving its long-term objectives.
This regular analysis allows for necessary changes to be made to the asset allocation or fund managers quickly and efficiently. Investing is by no means an exact science, however the ability to measure a required return every quarter allows for more accurate reporting and the ability to detect obstacles early on.
In the event of your untimely death or a chronic illness, you want to ensure that your family will be provided for. As an authorised independent financial advisory firm, Greengrass Wealth Management can source competitive quotes from a wide selection of reputable insurance companies.
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