Multiple choice

When would you review the financial plans of your client?

  1. Whenever the investor's personal circumstances or financial goals change

  2. Whenever stock market prices fall sharply

  3. Shortly before the filling of the income tax returns of your client

  4. Each year at the time of the presentation of the Government budget
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Financial planning is dynamic and must adapt to changes in a client's life circumstances, goals, or financial situation. Market movements and tax filing deadlines are not the appropriate triggers for reviewing a comprehensive financial plan.

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