Each of us is on our own unique journey to our own unique future. Knight Management Services has found that many people are so busy and focused on day to day living that they let slip important matters such as their Personal Insurance/Estate Planning and overlook taking out a current Will.
Knight Management Services recognises that everyone is different with unique needs and aspirations. What’s more, your financial needs change as you go through different life stages. We help you achieve independence and peace of mind making sure you have got the correct cover in place.
Our goal is to get to know you by developing a sound knowledge of your circumstances, needs and aspirations. Once we have done this we develop and provide you with your personalised financial strategies to secure your financial future and peace of mind. We provide regular reviews as checkpoints to make sure that your plan is on track.
Discovery – get to know each other and decide if we’d like to work together. We will look to gather information during this meeting and get an understanding of your insurance cover needs, and the present cover you have in place, it is important that we capture your details and all your present covers including those that are attached to any superannuation fund you may have, it is helpful, if you can this info handy during our first meeting, as there is such a lot of detail, we prefer to do this initial meeting in your home or work, so you have access to this detail at hand and Sign Terms of Engagement letter.
Discuss recommended strategies and likely outcomes.
Finalise financial plan. This is in a format called a Statement of Advice (SOA) Sign documentation to implement. Implement recommendations, you retain the original of the plan and a copy is retained in your client file, both copies should be signed by us and by you confirming that all parties have the necessary paperwork, this also adds added protection to you as the client. This also must satisfy “Your Best Interests’ test.
We look at everything that has been implemented so far and ensure that it is all moving forward as expected.
We will schedule regular review meetings with you to ensure that your financial plan is adjusted for your circumstances as your life changes.
We need to be there to look after you at Claim time, whether that be a Death claim, Total Permanent Disablement or Trauma Critical Illness claim, or more commonly, Income Protection claim that you may suffer along the way.
If you circumstances change in a significant way, you need to let us know.
If there are changes that will or may effect your policy, we will advise you of them and the best way forward.
It is also important to periodically review the covers in place to make sure that they suit your changing circumstances.