Independent Financial Advice
If you need to get advice about investing your money, it is always better to engage the skills of a financial adviser. However, you need to be aware that there are two different types of financial advisers – Independent Financial Advisers and Restricted Financial Advisers – and this can affect the advice you are given.
Some advisers can offer the full range of financial products and providers available, and are Independent Financial Advisers.
But many advisers have chosen to offer restricted advice and will focus on a limited selection of products and/or providers (Restricted Financial Advisers).
All financial advisers have to be approved or authorised by the Financial Conduct Authority (FCA). Both independent and restricted advisers must pass the same qualifications and meet the same requirements to ensure they are providing suitable advice.
An adviser or firm has to tell you in writing whether they offer independent or restricted advice, but if you are not sure what they offer you should ask for more information.
Independent Financial Advisers
We only use Independent Financial Advisers (IFAs). This means that you will put in touch with an adviser that is able to consider and recommend all types of products to meet your business requirements. The Independent Financial Advisers we use will consider products from all providers across the financial market and they have to give you unbiased and unrestricted advice.
If you want to get financial advice – or just need help buying shares, other investments or planning your pension) contact us now.