Inside the Annual Review: How the FP Process Shapes Your Session

Written by: Chris Mulcahy

What really happens inside the annual review and why it matters

Ever wondered what actually happens during a Future Prosperity Annual Review?

Here’s how the FP Process and the 3P’s guide your session from beginning to end.

A financial adviser and client engaged in a focused discussion over documents and charts, highlighting collaborative financial planning.

Step 1: Pre-Review Questionnaire — Setting the Agenda

Before the meeting, you complete a short, focused questionnaire.

This allows us to understand:

• Your priorities

• Any major changes

• What you want to achieve this year

This ensures that everything discussed inside the Annual Review reflects your current reality, not assumptions.

Step 2: The Review Meeting — Following the FP Process

Your adviser leads you through the structured 3P’s conversation:

1. PRESERVE

We analyse your financial foundation and where you stand today.

This creates clarity.

2. PROTECT

We identify risks, structural issues, tax opportunities and areas needing attention.

This creates peace of mind.

3. PROSPER

We develop a forward-looking plan that reflects your goals and opportunities.

This creates direction and momentum.

The meeting is not a checklist, it is a strategic conversation anchored in the FP Process.

Step 3: Your Future Prosperity Action Plan

After the meeting, you receive a concise, practical roadmap that sets out:

• Immediate actions

• Medium-term priorities

• Long-term opportunities

• Responsibilities and timeframes

This document becomes your guide for the next year, a cornerstone of your FP journey.

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Disclaimer   

This article does not constitute financial advice and is for general information only. It does not take into account any individual’s personal objectives, situation or needs, and is not intended as professional advice. Any similarity to an individual’s personal circumstances and the examples provided in this article is purely coincidental. Any person acting upon such information without receiving specific advice, does so entirely at their own risk.   

Authorisation under an Australian Financial Services Licence (AFSL) is not required in the provision of this article and the author plus Future Accounting Group Pty Ltd is not acting in its capacity as an Australian Financial Services Licence holder  

Liability limited by a scheme approved under professional standards legislation. 

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