World Financial Planning Day 2023!
Today is World Financial Planning Day, 2023!
Each year, the Financial Advice Association of Australia and it’s members celebrate Financial Planning Week (2-8 October, 2023) to raise awareness about the benefits of financial planning amongst Australian consumers.
To celebrate Financial Planning Week 2023, the Financial Planning Standards Board (FPSB) has commissioned the FPSB Value of Financial Planning Research 2023 to highlight and promote the value of financial advice for consumers.
The study examines the value of financial planning, measuring the financial and non-financial impact of financial planning across quality of life, financial confidence, financial satisfaction and experienced value, while debunking the myths surrounding financial planning and analysing the future of the profession.
This is a great infographic which supports their findings - one we felt would be great to share with you all, and one that shows the value of financial planning.
It's no surprise that we advocate for the importance of our industry, and the accredited professionals that provide valuable financial advice on a daily basis to their clients, resulting in positive impacts for their financial well-being, and ultimately their quality of life.