General Advice versus Personal Advice
A financial adviser can give you general financial advice. This type of advice doesn't take into account your personal situation or goals, or how it might affect you personally.
A financial adviser can also give personal financial advice. This advice is tailored to your financial situation and goals, and is in your best interests. It can include:
Simple, single-issue advice — Help with one financial issue, for example, how much to contribute to your super, or what to do if you inherit shares.
Comprehensive financial advice — Help to develop a financial plan to reach your financial goals. This covers things like savings, investments, insurance and super and retirement planning.
Ongoing advice — Regular monitoring and review of your financial plan and affairs.
General Advice Acknowledgment
The financial advice provided by your Adviser is of a general nature only and does not take into account your personal circumstances. The general advice services may be offered in a number of ways including seminars, marketing materials such as brochures, online tools and fact sheets, appointments, phone, video call or email discussions.
You should consider whether the general advice is appropriate to your objectives, financial circumstances and needs before acting on this. Prior to investing in any financial products, you should read the relevant Product Disclosure Statement (PDS) and decide whether to seek personal advice from your Adviser.
Any personal advice tailored to your circumstances is separate from the general advice. Your Adviser will provide further information to you should you decide to obtain any personal advice.
Privacy
All Amalgamated Financial Services will adhere to Privacy Act 1988 including the Australian Privacy Principles when collecting, using, storing and disclosing the information contained in this form and will not unlawfully disclose this information.
You are entitled to gain access to this information and should you wish to do so, you can contact your Adviser.