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Home Financial Advice Independent Financial Advice - Consumer Guide
Friday, 21 November 2008
Article Index
Independent Financial Advice - Consumer Guide
What advice?
How do the types of advice differ?
When to seek independent advice
How you pay for advice
Menu of charges
Do you want independent financial advice?
Where to find Iindependent Financial Advice
Tips for avoiding pitfalls
Qualifications - do your homework
What advice do I need?
Further Information

Independent Financial Advice - Consumer Guide

Do you want independent financial advice?

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Independent financial advice is considered the gold standard of financial advice since it offers access to and guidance on a huge pool of products.

But before you go ahead, ask yourself the following questions:

  1. Would you want advice on the whole range of products available rather than on a limited number of financial products or provider companies?

  2. Do you want your adviser to be independent of any commercial relationships, which may restrict the advice they give?

  3. Do advanced qualifications matter to you, particularly in the sector you are seeking advice?

If the answer to any or all of these three questions is 'yes', then independent financial advice is likely to match your needs.