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"This could be used as a very effective financial planning tool.
"But by the same token, we can't permit anyone to use bankruptcy as a financial planning tool".
CONVERTING a traditional individual retirement account to a Roth I.R.A. is a widely discussed financial planning tool right now, but the mechanics can be tricky.
Mr Davies said: "It is likely that all this will result in equity release schemes developing away from a niche market into a key financial planning tool in the coming years".
"The changes really put the product on track as a long-term financial planning tool as opposed to a crisis management tool," said Ramsey Alwin, senior director of economic security at the National Council on Aging.
The third piece included a financial planning tool that farmers can use to project their finances through the transition from conventional to ROA, and a green bond to finance the transition.
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I told myself I just needed more money, better financial planning tools, or more self-control.
Some industry insiders tout interest-only loans as sensible financial planning tools.
"F.L.P.'s are one of the hottest financial planning tools around," said Martin Shenkman, a Manhattan tax lawyer.
It is actually a range of financial planning tools that help people to make their own investment decisions.
Financial therapists aim to identify and tackle a client's psychological "blocks" about money through a mixture of established therapy techniques, such as asking them to recall early memories or write down word associations, and classic financial planning tools such as balance sheets and cash flows.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com