Financial Planning Growing a better future

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1 To make an appointment with a Financial Planner: Go to hsbc.com.au/financialplanning Visit in branch Call All testimonials listed in this brochure are sourced from Sue, an HSBC financial planning client. Issued by HSBC Bank Australia Limited ABN , AFSL/Australian Credit Licence No Terms, conditions, fees and charges apply. HSBC lending criteria applies. This brochure doesn t take into account your objectives, financial situation or needs. You should consider these matters and read the relevant Product Disclosure Statement (PDS) and Terms and Conditions before you make an investment decision. A copy of the PDS and Terms and Conditions are available at our website, by visiting a branch or by calling us on HSBC /13 Financial Planning Growing a better future

2 Benefits of financial planning Whatever your financial goals or aspirations, put expertise on your side. Your HSBC Financial Planner will help you to gather information and assess your personal circumstances and your life goals. From there they can provide a working plan to help you reach those life goals and provide protection for what you already have. Your HSBC Financial Planner is the key to making the most of your money and the better they know you, the better they ll be able to help you manage your financial arrangements with confidence and grow what you have.

3 How an HSBC Financial Planner works with you Everybody s individual circumstances are different, that s why an HSBC Financial Planner has a clear process to understand and deliver the plan that best suits your individual needs. Every Financial Planner works on a Fee for Service basis, so there are no hidden commissions. Their sole focus is to deliver a strategy to fulfil your needs and objectives. Our initial meeting was very positive. Our Financial Planner was extremely personable, and listened to our side of the situation. Preparation is vital 01 Information Collection First of all, we collect information on your current financial position. Everyone s individual circumstance is different, so it is by learning as much about your situation that we can create a personal solution. 02 Identifying your needs and objectives Together, we look at your lifestyle and consider your preferences, your current needs and your future requirements. 03 Plan Preparation We develop a financial plan to assist in fulfilling your needs, your objectives and finally select suitable solutions after careful research and analysis. 04 Plan Presentation We explain our strategies, the advantages, and benefits to you. Thereafter we look to confirm our assessment meets your expectations. 05 Plan Implementation Only after you are entirely satisfied that you fully understand its contents, do we proceed to implement the plan. 06 Ongoing Reviews To ensure that your personal plan is kept up to date with changing economic or personal circumstances, it s important to catch up for regular reviews. Depending on your needs or level of investment expertise, these may be regular catch-ups or annual reviews.

4 Things you may be thinking about Managing your debt Getting married Having children Starting a business Saving for a house Investment management Protecting your assets and income Super strategies Maximising what you have Portfolio construction help how we could you Lifestyle protection Health options Investments Tax management Inheritance planning Retirement planning Children s education Improving your income Risk and return Diversification Managing timeframes Lifestyle protection

5 How your HSBC Financial Planner can help By Growing what you have investing, you can get the money you have to work for you. Working with your Financial Planner, they will put in place strategies to fit your investment timeframes. These may include using debt to magnify your investing power, or paying down debt on your existing home loan as fast as possible. Your Financial Planner is a specialist in providing expert personal advice in the following areas: James went back to basics. He explained everything you need to know. He empowered us by giving us options and explaining the processes. Your mortgage Owning your own home is often the foundation for building your wealth. It is often worth revisiting your mortgage to review the rate, and possibly assess utilising any equity you have built up. Investing tax effectively Looking at your individual circumstance, your Financial Planner will examine strategies that could lead to you improving your taxation position whilst having the same risk and return outcomes with your investment. Budget management By reviewing your individual circumstances, areas can often be identified where your money can work harder for you. Managed Funds You have access to professionally managed investments that are purchased in units rather than shares. Managed funds have a specific investment objective and focus on a range of asset classes such as cash, fixed interest, property or shares.

6 How your HSBC Financial Planner can help Superannuation savings. Margin Lending Put in place strategies to assist you with maximising the potential of your superannuation A margin loan allows you to borrow money to purchase investments, so you can access more investment capital and magnify your opportunity for growth. You may be able to achieve your financial goals faster with a margin loan. Structured Investments These can be diversified investments across different asset classes, markets, and with various degrees of capital protection. Generally structured investments provide International market exposure without the currency risk. Each product has clear investment objectives. Children s education and future Assistance in providing the most tax-effective ways to meet ongoing education and university costs. Estate planning or leaving legacy Put structures in place for the smooth transfer of your wealth. We now have a restructured, diversified portfolio, which ensures us financial security in our retirement. That was the objective of the operation.

7 Taking a long-term perspective is one of the most crucial ways to grow your wealth. Regular reviews with your Financial Planner can ensure that you make adjustments over time but you should always keep your end goal in sight. We wanted to be in a position where we didn t have any concerns over our financial situation. Growing what you have

8 I relate his advice directly to financial security. Without financial security, life would be very uncertain. How HSBC can help Protecting what you have Insurance It s not something we often want to think about, but it s important to consider what would happen if you or your partner passed away, suffered a critical illness or were permanently unable to work due to sickness or injury the mortgage, credit card payments and day-today living expenses continue. With straightforward life insurance and affordable premiums (online quotes are indicative), insurance can help safeguard your family s future. Life Insurance options: Life cover insurance Life cover pays a lump sum if you die or suffer a terminal illness where death is likely to occur within 12 months. Disability insurance Disability cover pays a lump sum in the event that the life insured suffers a sickness or injury that means they are unlikely ever to be able to work again. It will also pay a lump sum if the life insured suffers from a major physical impairment. Critical Illness insurance Critical Illness cover is also known as Trauma insurance and pays a lump sum benefit if the insured suffers one of the defined critical illness events. Critical Illness cover benefits are paid regardless of the insured s ability to work.

9 HSBC Premier is a global banking and wealth management service that offers you international recognition, worldwide assistance, investment expertise, rewards and privileges. Offering a new level of personalised service, HSBC allows you to leverage local and global insights, so you can open up a world of opportunities. HSBC Premier explore a world of opportunities Premier International recognition and emergency support Wherever you go, you are recognised as a Premier customer. We provide emergency assistance at over 6,000 locations worldwide, and there are Relationship Managers at every Premier Centre to provide local support and insights. Privileged pricing and services For home loans you can benefit from a 0.75% discount off our Standard Variable Rate for the life of your Premier Home Loan or 0.10% off our 3, 4 and 5 year Fixed Rate Home Loans.* With cash accounts, you receive preferential exchange rates for Foreign Exchange, and preferential Term Deposit rates. With your credit card you have access to powerful credit limits and a choice of reward programs. You also receive insurance and personal loan discounts. With Financial Planning, you are entitled to a 50% discount on your initial plan preparation fee. Investment expertise You have a raft of knowledge to tap into, with Relationship Managers, Financial Planners and Investment Managers ready to assist. International banking We offer cross-border account opening in different currencies, online Global Transfers to over 30 countries with preferential exchange rates, and transparency of international accounts. HSBC Premier allows you to make instant transfers in major currencies between international and local HSBC products and services. This allows you to experience global banking as it should be with one seamless delivery. It means that you can see all your banking products internationally, so if you have a bank account in UK with HSBC, you ll see all those details along with your local HSBC Premier products and services right here in Australia. Family services Your loved ones receive the same financial guidance, support and protection you enjoy. We offer family bank accounts, debit cards for children 12 and over, global banking services, and family financial planning. * Visit hsbc.com.au for details of the Standard Variable Rate at the time of application. Eligibility criteria for HSBC Premier is set out in the HSBC Premier Services Guide, available on hsbcpremier.com.au

10 HSBC on the ground, wherever you are Local banking benefits HSBC was established in Australia in 1965 and offers an extensive range of financial services through a network of 31 branches and offices. These services include retail and commercial financial services, financial planning, trade finance, treasury and financial markets, payments and cash management and securities custody. International banking benefits Headquartered in London, the HSBC Group serves customers worldwide from around 6,600 offices in over 81 countries and territories in Europe, the Asia-Pacific region, North and Latin America, the Middle East and Africa. With assets of US$2,692 billion as at 31 December 2012, HSBC is one of the world s largest banking and financial services organisations.