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We believe that initially it is
important that we meet. After all, if we are to work successfully
together you will need to feel comfortable that we are the type
of organisation that can deliver what you are looking for.
This meeting is without cost or obligation. We
will fully describe the process of financial planning and how
it will benefit you.
There may be a State Pension at retirement and
possibly other benefits available via National Insurance in
times of financial need, but these benefits are not comprehensive,
they are very basic.
They do not address a myriad of serious financial
planning needs that crop up unannounced throughout life to put
a strain on one's personal financial health.
That is why it is so important to undergo regular
financial planning reviews to identify such needs before they
become a problem. It is equally important to seek independent
advice whenever a major change occurs in your life or you recognise
that you need to address a specific financial objective.
If we identify any immediate or potential financial
planning need together, there is no obligation on you to take
matters any further, but you will at least have been made aware
that the need exists and can schedule and prioritise action
accordingly.
In short, we need to get to know you, your objectives
and even your dreams. With good planning they will become a
reality.
Why independent advice and what it means. The
industry has two distribution channels for products and advice.
One is called "Tied", the other "Independent".
Typically most of the "advice" you have probably had
to date has come from the Tied route. This would have been from
a bank, building society or from a salesperson of an insurance
company.
There are several disadvantages with this.
No single company can be best for all its clients,
for all its products across its entire product range. The person
advising you is only allowed to select from the product range
offered by their company.
They are not allowed by law to give or offer any advice or opinion
about any financial product that you may have already, unless
their company issued it. It is in fact a criminal offence to
do so. They only have to give what is called "best advice"
from the limited range of plans that is offered by their company.
In law, they act as the agent of the company they work for,
not you!
The Independent route is the opposite of this.
We research the whole of the market place to get the product
that is best for you. There are no restrictions that limit us
to just one company. We see it as an essential part of planning
that we take into account your existing arrangements. We are
legally bound (as well as morally) to thoroughly research the
market to get the best value for you. In law, we act as your
agent.
We look forward to hearing
from you.
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