The financial planning environment

Sharon Taylor

    Research output: Chapter in Book / Conference PaperChapter

    Abstract

    This introductory chapter sets the scene for the subsequent technical chapters. In many ways, financial planning is a product of the circumstances that arose in the early 1980s when it became apparent that issues such as an ageing population, poor levels of domestic savings and substantive changes in government policy relating to the funding of an individual's retirement created the need for holistic financial advice. This chapter attempts to define the term financial planning, followed by a discussion of the factors which have contributed to the emergence of this new profession/industry. Finally, the chapter briefly considers the historical framework of the industry and the role played by the major professional bodies and other players.
    Original languageEnglish
    Title of host publicationFinancial Planning in Australia
    EditorsSharon M. Taylor, Roger Juchau
    Place of PublicationChatswood, N.S.W.
    PublisherLexis Nexis
    Pages3-36
    Number of pages33
    Edition5th
    ISBN (Electronic)9780409332100
    ISBN (Print)9780409332094
    Publication statusPublished - 2013

    Keywords

    • financial planning

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