25 September 2008
Despite the challenges currently facing the Australian economy, share markets have traditionally rebounded well after a significant downturn in the market, BT Financial Group business development manager, Paul Yates told guests during a recent visit to Trangie.
Mr Yates was the keynote speaker at the Rabo Financial Advisors (RFA) financial planning seminar held at Trangie United Services Memorial Club today. More than 50 guests attended the seminar, with presentations from Mr Yates aswell as local RFA financial advisor David Knapp.
“We were delighted to have Mr Yates present to the residents of Trangie. His presentation delved into the current economic climate in uncertain times, and was well-received by the audience who could relate to what he was saying,” he said.
Mr Yates said the timing of when market sentiment changes is hard to predict and history shows that long term investors are better placed by staying invested as opposed to trying to ‘time’ the opportune moments to get out and then back into the markets.
Dubbo-based Rabobank financial advisor, David Knapp presented on superannuation strategies including transition to retirement, the Government co-contribution, and strategies for the self employed. He used practical examples to highlight the achievable savings available to the savvy investor.
During his presentation he discussed the ‘value’ added by a financial advisor.
“Not only is it the services that RFA can offer their clients, but also the value of the relationship, which gives clients a greater peace of mind,” he said.
“It’s really important to feel confident in your financial decisions, particularly during the tough times, and engaging someone who invests time in understanding your business and financial concerns can go a long way to securing peace of mind.
” Mr Knapp explained RFA’s unique and thorough financial advisory service which includes the operation of RFA’s Investment Committee who work closely with independent research consultants to develop ‘core’ portfolios, and a panel of experienced stock brokers that work together with advisors to generate portfolios diversified across a number of industry sectors. As well as working with client’s other advisors, such as accountants and solicitors, ensuring the right people are involved with key decision making.
General manager Rabo Financial Advisors, Colin Williams, said that the seminar was a great success, and that he looks forward to the continued success of future seminars. “Mr Yate’s enthusiastic views on the long term outlook for the economy made for an enjoyable and very informative session,” he said.
RFA Limited ABN 46 096 538 288 AFSL 224 709 is a subsidiary of Rabobank Nederland (Rabobank Australia branch), they are innovative specialists offering advisory services in investment and personal risk protection. RFA’s mission is to provide high quality financial advice driven by the relationships forged with clients and delivering on-going advice tailored to each client’s unique needs.
Rabobank Australia is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 110 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank has a AAA credit rating and is ranked as one of the world’s safest banks by Global Finance magazine. Rabobank operates in 43 countries, servicing the needs of more than nine million clients worldwide through a network of more than 1500 offices and branches. Rabobank Australia is one of Australia’s leading rural lenders and a significant provider of business and corporate banking and financial services to the Australian food and agribusiness sector. The bank has 50 locations throughout Australia.
Contact
For further information please contact Denise Shaw, Public Relations (Tel: 61 2 8115-2744) or email on sydney.mediarelations@rabobank.com.