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Financial planning |
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Financial planningEvaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against that plan.Financial planningThe service provided by a financial planner. This is a long term service provided for clients which considers all their financial affairs and which develops a plan for their financial objectives to be achieved. The plan is regularly reviewed to ensure goals remain on target with modifications being made as necessary.Similar MatchesFinancial leaseFinancial leaseLong-term, noncancellable rental agreement. Financial service incomeFinancial service incomeIncome from delivery of financial services such as banking, insurance, leasing, or financial service management fees. Financial Services AuthorityFinancial Services AuthorityThe replacement regulating body for the Securities and Investments Board (SIB). The FSA, which came into being on 28th October 1997, carries all regulatory responsibilities for the UK financial services industry. The overall broad objectives are:the protection of consumers of financial servicesthe promotion of clean and orderly marketsthe maintenance of confidence in the financial services systemIt is a criminal offence to conduct investment business without authorisation, and the FSA is empowered to prosecute those who break this rule. A Central Register is held which lists firms with authorisation. Financial adviserFinancial adviserA professional person qualified to give advice to clients regarding investments such as life insurance, pensions, mutual funds/unit trusts and taxation etc.A financial adviser may charge a fee and/or receive a commission on a product recommended. In the UK a financial adviser is either independent - an independent financial adviser (IFA) - or a company representative (tied agent).An IFA is free to recommend products from a number of companies and his selection will be based on which company and product best suits the needs of the client. A company representative is authorised to recommend only the products of the company he represents, so his advice is inevitably and quite properly limited. Financial plannerFinancial plannerAn investment professional who assists individuals with long- and short-term financial goals. Further SuggestionsStatement of Financial Accounting Standards No 52London International Financial Futures and Options Exchange Financial leverage Financial Times Indices Notes to the financial statements Financial supermarket Financial assets Financial ratio Consolidated financial statement Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) Financial crisis Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA) Financial guarantee insurance International financial institution Society for Worldwide Interbank Financial Telecommunications (SWIFT) Chief Financial Officer (CFO) Financial Intermediaries Managers and Brokers Regulatory Association Indirect costs of financial distress Tokyo International Financial Futures Exchange Combined financial statement Financial institution buyer credit policy Financial Times (F T) Actuaries indexes Chartered Financial Analyst (CFA) Country financial risk Financial market |
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