Clients' interests must come first: prudent judgment must be built upon a foundation of knowledge about the client's situation
Article Abstract:
The objectivity principle of the Certified Financial Planner's code of ethics demands that only those products and strategies, which serve the clients business interests best, should be recommended. This means foregoing personal biases if professional judgement dictates an option which would fit the client's situation better. Objectivity and prudent judgement is based on knowing the client's specific condition and comprehensive understanding of the merits and demerits of various financial products and strategies.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1997
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Thirteen practical, essential retirement tips for clients
Article Abstract:
Insurance agents can help clients plan for retirement by offering some basic advice on planning goals and setting time aside. Financial planning must leave enough time before retirement so that compound interest can work in favor of the client. A variety of investment vehicles should be considered, including IRAs and qualified plans. Inflation and interest rates should be accounted for in any retirement plan. Retirement benefits should be considered in advance of job changes.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1995
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The New Year is time to review financial plans
Article Abstract:
Financial planners should use the month of Jan to update client files and conduct progressive reviews. Changes in personal and political situations and the introduction or revision of financial laws may have marked effects on the financial planner's yearly recommendations. For example, beneficiary designations should be reviewed to assure proper distribution of death benefits.
Publication Name: Best's Review Life-Health Insurance Edition
Subject: Insurance
ISSN: 0275-0988
Year: 1996
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