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Module1
Introduction to
Financial Planning
Four Pillars of Financial Security

Copyright 2023
FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

© 2023
This material is not for public distribution and should never be shown to or shared with existing
or prospective clients and other individuals and third parties outside Sun Life of Canada
(Philippines), Inc. (Sun Life). This material is protected under intellectual property laws. You may
not copy, modify, distribute, use and/or share this material (or any part thereof) for any other
purpose without the prior written consent of Sun Life.

This material is for internal and training purposes only. 2

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

USING THIS PARTICIPANT GUIDE

Welcome to the 4 Pillars of Financial Security. This course introduces you to key concepts of
the Four Pillars that build the foundation on securing financial resources, with the goal of
being financially independent. You need to complete all five (5) modules to complete this
course:
Module 1: Introduction to Financial Planning
Module 2: Liquidation
Module 3: Wealth Protection
Module 4: Wealth Accumulation
Module 5: Wealth Preservation and Transfer
This document will serve as your guide through the course. Follow these guidelines to help you
navigate through the document:
Table of Contents
All the topics covered in this module are listed in the Table of Content, and are actively linked
to the contents. Click the links to access the content for the topic, or follow the link by
pressing CTRL while right clicking the link of the topic.
Taking Notes
You may also take down notes at any time during the session’s discussion. You may use the
Tools functions:

• Use the Comment Tool to make notes at any part of the document.
• Fill & Sign Tool allows you to add text in fields provided within the document.

Remember to save your file frequently while in session, and after the session.

This material is for internal and training purposes only. 3

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

Contents
Financial Planning: A Review .................................................................................................................. 5
Financial Planning Simplified .................................................................................................................. 5

This material is for internal and training purposes only. 4

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

Financial Planning: A Review

Financial Planning1 is a process of managing one’s financial resources accompanied by
strategies for accumulating, protecting, allocating, and distributing final resources in
accordance with your financial goals.

Financial Planning Simplified

1. Clarify
• Client’s circumstance, life goals, and dreams
• Milestones or life events that are important
to them
• Possibility of unexpected events that can
disrupt them financially
• Client’s priority needs

1
LOMA

This material is for internal and training purposes only. 5

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

Financial Planning Step Your Action Plan

Identify Needs and Objectives

Gather Information

2. Quantify
• How much? (Value)
• To realize a milestone or dream
• To cover the financial impct of unexpected
events
• What is in place? (Current savings, coverage,
or investment)
• What gaps must be covered?

Financial Planning Step Your Action Plan

Analyze Information and Develop

Plan

Plan Presentation and Deliver

3. Satisfy
• Recommen appropriate solutions
• Regularly review their SL portfolio
• Track progress vs goals
• Adjust portfolio
• Address new needs/goals

This material is for internal and training purposes only. 6

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

Sun Life Bright Solutions

Financial Planning Step Your Action Plan

Implement a Plan

Review our Progress and Update

Key Points:
• Client relationship is slowly built as both go through each stage. At the
end of each cycle, the relationship strengthens, thus becoming a lasting
and effective partnership.
• It is important that both the client and financial advisor have a clear
understanding of the needs and goals to be able to develop an effective
plan.

This material is for internal and training purposes only. 7

FOUR PILLARS OF FINANCIAL SECURITY
Module 1: Introduction to Financial Planning
September 2023

Financial Planning Pyramid

This material is for internal and training purposes only. 8