Consumer duty
There Are 2 Types Of Investment Advice: ‘Independent’ And ‘Restricted’. It Is Also Possible To Obtain ‘Guidance’ (Or No Advice). If you are getting advice about investing your money, you need to know there are two different types of financial advisers – independent and restricted – and this can affect the advice
Qualifications
Financial advisers in the UK must: Hold Relevant Qualifications: They need to have the necessary qualifications for the specific type of advice they provide. The Retail Distribution Review (RDR) standards set out the minimum level of qualification required. 1. Be Approved by the FCA: Advisers must be approved to perform
Qualifications
Financial Advisers are professionals who offer advice on financial matters and recommend suitable financial products. To practice as an IFA, individuals must obtain relevant qualifications and adhere to regulatory requirements. Here is an overview of some of the key qualifications: 1. Diploma in Regulated Financial Planning (DipPFS or DipFA) * Issuing
Consumer duty
Why Should I Use A Financial Adviser | 2022 Looking into retirement options and wondering what to do with your pension funds? Financial advisers can help you identify and achieve your goals by providing the crucial perspective and strategy you need. Keep reading for our top reasons to hire a financial
Consumer duty
New research shows those customers who receive financial advice can be better off on average by £40,000. Those who received financial advice in the 2001-2007 period had accumulated significantly more liquid financial assets and pension wealth than their unadvised equivalent peers by 2012-14. ‘The Value of Financial Advice’, produced
Consumer duty
For many investors, working with a financial advisor is an important part of planning for the future and making wise investment decisions. Finding the right financial advisor can make all the difference in the world when it comes to planning for the future, but getting started can be daunting. What
scams
If you are unexpectedly approached about an investment opportunity that seems too good to be true, it probably is. Fortunately there are steps that you can take to spot these scams and avoid risking your life savings. Read the full guide on how to “Scamproof your savings” from the Pensions