We were pleased to read in this weekend’s Independent that a mystery shop exercise identified “independent” financial advice firms – selected by virtue of their advisers’ good client ratings on the VouchedFor website – have embraced new legislation and are being open…
Our recent YouGov study revealed 6.5m people have sought financial advice from banks or pension companies in the last 5 years. Why does this matter? Well, increasingly banks are announcing they will no longer provide financial advice. Already both Barclays and Lloyds…
With the new Retail Distribution Review (RDR) regulation nearly upon us, the value of financial advice has come into focus. There is doubt about whether people will pay for financial advice once the costs are more transparent. Now, I could argue financial advice won’t become…
If you haven’t worked with a financial advisor before, it can be difficult to know what to expect. So, we’ve broken it down into 4 simple steps – an Introductory Meeting, a Fact Find, Analysis & Recommendation, and Implementation &…
How do you place a value on financial advice? An increase in investment returns? A reduction in risk? Reduced tax? Reduced investment charges? The answer, it turns out, is often far less “rational”, and far more “emotional”…
No two Financial Advisors are the same, nor are any two clients. Below is a list of questions to consider in seeking the perfect advisor for you. How well qualified is the advisor? (see below) Which services do they provide?…
What is an Independent Financial Advisor? What distinguishes an IFA, is their independence. IFAs are not tied to any particular product provider. They are regulated by the Financial Services Authority to advise across all regulated investment and saving products in…
From 2013, under new regulation, IFA fees and charges are changing for the better. Independent Financial Advisors (IFAs) have historically been paid commissions by pension and investment companies. This in turn is funded by the management charges these companies levy on you, the…
