Financial advice - essential background information

Four steps to appointing the right IFA

What do IFAs do

If you haven’t worked with a financial advisor before, it can be difficult to know what to expect. We’ve broken the appointment process down in to four initial steps – an Introductory Meeting, a Fact Find, Analysis & Recommendation, and

Posted in About Financial Advice

What is an IFA? Do I need one?

What is an IFA

What is an Independent Financial Advisor (IFA)? Broadly speaking there are two types of financial advisors, Independent and Restricted.  A common misconception is that ‘Independence’ in this context means that IFAs work alone, however it actually refers to the fact

Posted in About Financial Advice

How to choose the right IFA

Choosing a Financial Advisor

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?

Posted in About Financial Advice

The Value of Financial Advice – What Clients Say

Value of Financial Advice

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”…

Posted in About Financial Advice

IFA Fees – How Much do IFAs Charge?

IFA Fees

From 2013, under new regulation, IFA fees and charges changed for the better. Prior to this date Independent Financial Advisors (IFAs) were paid commissions by pension and investment companies. This in turn was funded by the management charges these companies levy on you,

Posted in About Financial Advice

Auto Enrolment: Play or Pass?

By Paul Budgen, central account manager at NEST It was quite a week! Over 600 advisers, accountants and payroll professionals came to NEST Live to learn more about the business opportunities brought about by automatic enrolment. A whole day of

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Posted in About Financial Advice

Why should I pay for Financial Advice?

Rene Truter’s guest blog takes a look at the controversial topic of how much financial advice costs with a focus on the all important question – Why should I pay for Financial Advice?  Rene Truter is an Independent Financial Adviser

Posted in About Financial Advice, General Financial Planning, Savings, Your Life

Revealed – IFAs with transparent fees & charges

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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

Posted in About Financial Advice

Banks could leave 6.5m customers without a financial adviser

Closed Sign

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

Posted in About Financial Advice, Your Money

People won’t pay for financial advice. Just like they wouldn’t buy an iPad.

Your Money

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

Posted in About Financial Advice
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