Financial planning is becoming increasingly important because of the fast-changing nature of the environment in which we live and must operate.

People are living longer. Employers are changing their approach to the provision of retirement benefits for their employees. Financial products are becoming more complex. Regulatory changes are affecting how business is conducted.

As new life and general insurance products are developed, it is necessary to have some basic knowledge of insurance to be able to relate better to those who offer the products and services and to select what is best suited to the needs of the consumer.

As people see their wealth grow and acquire more complex assets, as family relationships become more complex, and as laws change to reflect current situations, having some basic knowledge of estate planning and the tools it employs is becoming increasingly important.