Step 1: Understanding you and your current situation

There are a number of questions that your Authorised Representative will run through with you with the aid of a confidential data collection form. This includes the following:

- Your superannuation situation
- Your assets and liabilities
- Your total income
- Your living expenses
- Your attitude to financial risk

Step 2: Setting goals and objectives

What do you want from your investments? Are these short or long term goals? These will obviously affect your investment choices. Some goals may be:

- Saving for a deposit for a home
- Children's education
- Investing in superannuation
- Planning for retirement
- Estate planning

Step 3: Identifying critical success factors and barriers to achieving your goals

After your current situation has been analysed against your goals and objectives, your Authorised Representative will be able to highlight areas critical to achieving your goals and any financial barriers that may need to be overcome.

Step 4: Identification of possible strategies

Once all of your goals and objectives have been identified and your personal data analysed, the next step is for your Authorised Representative to look into the possible investment strategies to help you achieve your goals. This would include actions in the following areas:

- Asset allocations strategies - this involves analysing the various asset options available including property, cash, shares and bonds and determining which is most suitable for your needs.

- Tax strategies - analysing your income tax and capital gains tax obligations and determining any effective strategies, including whether tax effective investments are suitable for you

- Superannuation strategies - analysing your contributions, considerations and reasonable benefit limits.

- Risk management strategies - determining whether you have adequate insurance cover to ensure you and your family and estate are protected.

- Social security strategies - determining possible strategies (where relevant) to maximise your entitlements.

Step 5: Implementing possible strategies

Once you have discussed all possible strategies, your Authorised Representative can assist you to implement the agreed strategies. Possible steps could include:

- Buying and selling investments
- Making superannuation contributions
- Purchasing or restructuring your insurance covers

Step 6: Ongoing review and monitoring of your investment strategies

Just because you have an investment plan in place, it does't mean that it will remain relevant to you forever. Life and circumstances do change, and with this your investment will tend to change.

Your Authorised Representative will review your investment plan with you to ensure it remains relevant to your current circumstances.