Guidance services are not regulated by the Financial Conduct Authority (FCA). A financial adviser would look at specific savings accounts, investments and ISAs offered by various companies and recommend a specific one that best suits your personal circumstances. They won’t tell you about specific products offered by named companies or what option might suit you best. They may tell you about the pros and cons of regular savings accounts, ISAs and investments. Financial advice, however, informs you which specific product would best suit your needs.įor example, if you have a lump sum you want to save, someone giving guidance would tell you what your saving options are in broad terms. Guidance provides you with information about the various options available to you, but should not recommend any particular option over another. Some individuals and organisations – often advice charities - offer financial guidance. What the financial adviser should tell you.What to think about before you see a financial adviser.
#See finance guide how to#
There will probably be times in your life when you're not sure what to do with your money or what decisions you need to make about your financial future.
0 kommentar(er)
