Financial Information Service (FIS)

How can FIS help me?

The information you get from FIS can help you in many ways. For example, it can:

* increase your confidence in dealing with your investment related financial issues
* help you to understand your own financial affairs
* inform you of your options
* alert you to the levels of risk for each financial product type
* explain the roles of financial industry professionals
* help you to be discerning when choosing experts and how to use expert information
* explain the advantages of reducing personal debt
* help you to use credit in a sensible way
* encourage you to increase your savings and plan for the future
* help you to plan effectively for your retirement
* show you how you can maximise your overall retirement income.

What is the role of a FIS Officer?

FIS Officers can show you how to make informed financial decisions and help you to understand the consequences of those decisions in the short, medium and long term. FIS Officers can talk to you about:

• taking control of your finances so that you can actively plan for your retirement
• how to prepare for the lifestyle choices in retirement, even while you are still in the workforce.

It's never too early to start planning!

FIS does not give advice. FIS Officers are not financial planners or counsellors and they:

• do not sell or give advice
• do not prepare financial plans
• do not recommend any particular type(s) of investment
• do not tell you how to invest your money
• do not purchase investment products
• do not make decisions about your pension or calculate the rate at which you can be paid (FIS Officers have no authority to do this but may be able to approximate what your payments will be).

Can I talk to a FIS Officer over the telephone?

FIS Officers provide information to people over the telephone, at personal interviews or through financial education seminars.

You can telephone 13 2300 and ask to speak to a FIS Officer. If possible, the FIS Officer will answer your questions over the telephone.

If there are complex issues to be discussed, the FIS Officer may offer to arrange an appointment for you.