The FPA is urging Australians to “plan well to live well” as it launches the campaign to coincide with World Financial Planning Day, according to a statement.
Launched by the Financial Planning Standards Board, the 2018 campaign aims to promote financial capability and how financial literacy can help people make informed decisions.
FPA chief executive Dante De Gori said that research from the FPA revealed that too many Australians were stressed by money.
“Recent FPA research has revealed that a massive 82 per cent of Australians are stressed about money, with younger generations more likely to struggle with planning their future than older people,” he said.
“Our research also tells us that working age Australians most happy with their lot in life are most likely to have a financial plan.”
Mr De Gori said Australians should go on the FPA’s Money and Life website, which offered practical tips to help people improve their financial literacy.
“Through World Financial Planning Day, the FPA will help raise awareness of the value of financial planning, of having a financial plan, and of working with a professional financial planner who puts client’s interests first,” he said.
FPSB chief executive Noel Maye said that money can create anxiety and the only way to ease that anxiety was to plan ahead.
“If you don’t plan where you’re going with your money, you may not end up where you want to be. Planning for your future and your family’s future builds confidence – and, likely, will result in a better night’s sleep,” Mr Maye said.
dante, little guy, what about the 4P’s and the 4F’s ???
Hang on. Correct me if I’m wrong, but dosen’t the FPA get money from Commonwealth Financial Planning and the other big banks? And weren’t they appearing at the Royal Commission? So isn’t this just another clever marketing strategy by the big banks to get my hard earn money into CBA products?