Spending habits – how we learn them and how they can be changed

spending-habitsHave you ever opened your credit card statement and wanted to kick yourself over all the money you spent?

Maybe you’ve sat down and counted all the unnecessary items you bought this year and wish you could have saved that money for a holiday or put it away for a rainy day – or maybe you just can’t figure out why you’re not able to save enough each month…

Chances are, like millions of people around the world, your spending habits are the cause. Continue reading

Who’s Side is Your Broker On?

insurance-investment-brokersMany clients see their insurance or investment broker as a trusted advisor who has their best interests at heart when recommending a policy – and that’s how it should be. Unfortunately, some brokers are motivated by commissions instead of their clients’ financial goals.

So, what kind of broker do you have?  To find out, let’s take a look at the difference between trustworthy, client-focused brokers and commission chasers. Continue reading

Financial Services Legislation – Two Big Changes

financial-services-legislationWhen laws and regulations change, it’s the responsibility of every financial advisor to take note of new regulations, apply them in accordance with the law, and keep clients informed about their rights and responsibilities.

In this article we take a close look at two new regulations from the Financial Services Board and find out how they affect both financial advisors and their clients. For more information on these new regulations, feel free to contact the Northwood team today. Continue reading

Your Risk Profile – Decade by Decade

age financial risk profileAs we get older, our risk of illness and disability increases – it’s one of the hard facts of life. As medical science improves year on year, our chances of living longer are constantly increasing, along with the cost of healthcare – this makes it crucially important to understand how every person’s risk profile changes as they get older. Let’s find out more. Continue reading

New Clients: Save 25% on Your Northwood Bill

Northwood special offerNorthwood’s range of financial planning and consulting services are designed to take each of our clients’ businesses to the next level – and new clients are no exception.

We’d like to make you an offer: if you’re a new client signing up with us, we’ll give you a 25% discount on our services – but only the first five respondents qualify for this significant saving. Continue reading