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Whether you want to make a lump sum investment, or you’re looking at the best way to save for retirement, it can be helpful to get professional recommendations and guidance. An adviser can take into account your financial goals, current investments and income and work out what you might need to do to achieve them. They can also help you consider any other financial needs you may have, such as mortgages or pensions.Source:theinvestorscentre.co.uk

When someone gives you investment advice, they must meet certain requirements set out by ESMA. For example, they must have a qualification, such as the CISI Level 4 Diploma in Investment Advice (or equivalent). They must also follow rules on what they say to you. For instance, they must tell you how much their service will cost and the charges that apply to any products they recommend. They must also tell you what their conflicts of interest are.

Top Investment Advice for Beginners in the UK: Where to Start

You can find investment advice UK from a range of providers, including HSBC. HSBC can match you with an adviser to discuss your individual needs by telephone, video or face-to-face and, if you choose to go ahead, provide a personalised investment plan. You can access standalone investment advice or include it as part of a comprehensive financial plan, which will cover other aspects of your finances.

A financial adviser can charge a one-off fee for their services, or they can be paid commission or an ongoing fee. It’s important to understand how this works and compare the costs of different advisers before you make your decision.

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