Posts Tagged ‘Independent Financial Advice’

Consumers choose independent financial advice

Friday, October 22nd, 2010

Consumers choose independent financial advice

Most consumers see the value of independent financial advice and make it their preferred choice over bank advisers or accountants, according to a new report by Axa. Read More

Planning never to retire also involves financial planning

Wednesday, September 29th, 2010

Planning never to retire also involves financial planning

Over 60% of those rich enough to retire tomorrow are ‘Nevertirees’ who plan never to stop working – but financial planning remains at the core of their future thinking, says Barclays Wealth. Read More

Falling pension income traps over-65s in work

Friday, September 3rd, 2010

Falling pension income traps over-65s in work

Nearly half of working over-65s are ‘trapped in work’ by falling pension income and inadequate pension planning. With plunging annuities rates, pension income is half what it was 15 years ago.Read More

Half of pension savers have never reviewed pension plans

Thursday, September 2nd, 2010

Half of UK pension savers have never reviewed their pension plans, and cannot say how their pension is invested. One in 5 actually make investment decisions without advice. Most of those prudent enough to review seek pensions advice from an independent financial adviser.

Company pensions to suffer as government launches NEST

Wednesday, September 1st, 2010

Company pensions to suffer as government launches NEST

Two-fifths of larger employers may review their company pension scheme and cut costs, in preparation for the launch of the National Employment Savings Trust in 2012.
Read More

Financial planning advice in high demand

Thursday, August 19th, 2010

Demand for financial planning advice was strongly up in the first half of the year. Pensions and investments remain strongest drivers, but greatest growth was in demand for mortgage advice.

Financial planning with a good ring to it – use your spouse to save tax

Friday, August 6th, 2010

Financial planning with a good ring to it - use your spouse to save tax

Did you know that if your spouse is not working, they still have a tax-free allowance you can use as part of your financial planning? In a few simple steps, you can make up to £6,475 of income from your savings or investments tax-free. Who said marriage had to be taxing? Read More

Pensioners lose out by not seeking unbiased financial advice on pensions annuities

Monday, July 26th, 2010

Pensions savers may be losing out on 20-30% of potential pension income, by buying their pensions annuity without taking unbiased financial advice. Many pensions companies fail to clearly explain to savers their right to shop around – the so-called ‘open market option’.

Unbiased financial advice more crucial in online world, says OFT

Thursday, July 22nd, 2010

Unbiased financial advice more crucial in online world, says OFT

The Office of Fair Trading is to look at consumer protection in relation to shopping online. One implication is the importance of unbiased financial advice and guidance on complex financial products, insurances and investments. Read More

Pension planning tops the list for independent financial advice

Thursday, July 15th, 2010

Those who go online for independent financial advice are most concerned with pensions and retirement. Second most popular choices are savings and investments, with mortgages taking only 3rd place in a lukewarm climate for lending

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