There’s no denying that financial advice is expensive, prompting many who would potentially benefit from it to ask themselves whether it’s something they really need.
Sarah Abood, chief executive of the Financial Advice Association of Australia (FAAA) says that for many people the answer is yes, for a few key reasons – and they are not what you might think.
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Michelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
