Investing is often a long-term decision. It can be difficult to think about, especially when life is busy or you are worried about the future. When making financial decisions, it is important to consider what your goals are and how they fit into your overall financial strategy.URL :theinvestorscentre.co.uk
Getting advice can help you plan for the future and make better choices. Financial advisers provide professional recommendations and guidance based on your needs and goals. They can advise on investments, savings, pensions and mortgages. They can also support you with budgeting and debt management. They can meet you face to face, over the phone or via video call, whichever works best for you.
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Standalone investment advice UK focuses on your specific goals and risk tolerance. This type of advice is typically provided by an independent financial adviser (IFA). Some advisers offer broader financial planning, such as SIIAP, which recognises the need for specialist investment advice for Service Personnel. This can be provided by an IFA or restricted adviser who has access to a limited number of providers.
Independent financial advisers must be registered with the Financial Conduct Authority (FCA) to give investment advice. You should check an adviser’s registration and their Statement of Professional Standing before making a decision. Advisers who are not FCA regulated do not have to meet the same standards and you may not be protected in case things go wrong. An IFA will also be able to explain their charges, including a fee structure and a clear breakdown of how they are paid.