Some personal finance software packages, magazines or self-help books can help you do your own financial planning. However, you may decide to seek help from a professional

financial planner if:

• You need expertise you don’t possess in certain areas of your finances. For example, a planner can help you evaluate the level of risk in your investment portfolio or adjust your retirement plan due to changing family circumstances.

• You want to get a professional opinion about the financial plan you developed for yourself.

• You don’t feel you have the time to spare to do your own financial planning.

• You have an immediate need or unexpected life event such as a birth, inheritance or major illness.

• You feel that a professional adviser could help you improve on how you are currently managing your finances.

• You know that you need to improve your current financial situation but don’t know where to start.