Independent Financial Advice for Dummies
In these troubled times, financial advisers can be worth their weight in gold. When the economy is slow, having a professional on side to guide you through the money maze is even more important. The savings, pensions and investments you hold have to work substantially harder when inflation is high, and you certainly wouldn't want disaster to strike when times are hard.
You might not have considered getting help from an independent adviser, but there's an important reason why you should. Most high-street banks now try to cajole customers who visit their branches into having something called an "account review". This is usually dressed up as offering help from one of their advisers, but in reality is merely an attempt to sell you the bank's products. The simple truth is that the people who work in banks are there to increase that bank's profits, so they're not going to tell you to invest your money down the road, even if that's a much better option. An independent financial instructor, on the other hand, can take an overview of all the products on offer, and find one that works best for you.
Why do I need financial advisers to help me?
There are many reasons you might require a specialist's help: if you're concerned about the state of your pension, for example, or if you 'd like to work out how well your savings are performing. If you have children, you might wonder how you can start saving for their university education, and finance specialist will be only too happy to help with that. If you're in a comfortable position, but believe you could benefit from stock investments, then an independent financial adviser is the first person to speak to.
One very common reason that people contact advisers is inheritance. If you're the recipient of a sum, then it's vital that you don't leave it earning pitiful interest in a standard bank account. Conversely, independent financial advisers are experts in minimising your exposure to inheritance tax, so you'll be able to leave more of your hard-earned money to your loved ones when you're gone.
An independent financial adviser is a sound choice
There are many other reasons you might need help from advisers, but the really important thing is to make sure that they are an independent financial adviser. Remember, they're not tied to just one financial organisation, so they can choose the right portfolio for your needs. For your peace of mind, they're also well regulated, and usually have substantial experience, so you can rest assured that your money is in safe hands. Remember, in these troubled times, an independent financial adviser In these troubled times, financial advisers can be worth their weight in gold. When the economy is slow, having a professional on side to guide you through the money maze is even more important. The pensions, investments and savings you hold have to work substantially harder when inflation is high, and you certainly wouldn't want disaster to strike when times are hard.
You might not have considered getting help from an independent adviser, but there's an important reason why you should. Most high-street banks now try to cajole customers who visit their branches into having something called an "account review". This is usually dressed up as offering help from one of their advisers, but in reality is merely an attempt to sell you the bank's products. The simple truth is that the people who work in banks are there to increase that bank's profits, so they're not going to tell you to invest your money down the road, even if that's a much better option. An independent financial instructor, on the other hand, can take an overview of all the products on offer, and find one that works best for you.
Why do I need financial advisers to help me?
There are many reasons you might require a specialist's help: if you're concerned about the state of your pension, for example, or if you 'd like to work out how well your savings are performing. If you have children, you might wonder how you can start saving for their university education, and finance specialist will be only too happy to help with that. If you're in a comfortable position, but believe you could benefit from stock investments, then an independent financial adviser is the first person to speak to.
One very common reason that people contact advisers is inheritance. If you're the recipient of a sum, then it's vital that you don't leave it earning pitiful interest in a standard bank account. more info Conversely, independent financial advisers are experts in minimising your exposure to inheritance tax, so you'll be able to leave more of your hard-earned money to your loved ones when you're gone.
An independent financial adviser is a sound choice
There are many other reasons you might need help from advisers, but the really important thing is to make sure that they are an independent financial adviser. Remember, they're not tied to just one financial organisation, so they can choose the right portfolio for your needs. For your peace of mind, they're also well regulated, and usually have substantial experience, so you can rest assured that your money is in safe hands. Remember, in these troubled times, an independent financial adviser can really help your money work for you, instead of just the other way round. can really help your money work for you, instead of just the other way round.
Conversely, independent financial advisers are experts in minimising your exposure to inheritance tax, so you'll be able to leave more of your hard-earned money to your loved ones when you're gone.
There are many other reasons you might need help from advisers, but the really important thing is to make sure that they are an independent financial adviser. Conversely, independent financial advisers are experts in minimising your exposure to inheritance tax, so you'll be able to leave more of your hard-earned money to your loved ones when you're gone.
There are many other reasons you might need help from advisers, but the really important thing is to make sure that they are an independent financial adviser. Remember, in these troubled times, an independent financial adviser can really help your money work for you, instead of just the other way round.