Want some good advice?
Article Abstract:
It is important to establish when choosing a financial adviser whether the adviser in question is independent or contracted to a single company or marketing group. It is vital that an independent financial adviser has professional indemnity insurance. He or she should also belong to a trade or professional body, such as the Society of Financial Advisers. It is also worth asking about qualifications, such as the Financial Planning Certificate.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Best buys in name only
Article Abstract:
United Kingdom independent financial advisers (IFAs) may offer only a limited range of products and critics argue that these products all pay commission. IFAs like Bradford and Bingley may be able to cut costs for customers since they can offer bulk sales. They may also seek high commission levels. The United Kingdom Personal Investment Authority monitors IFAs and can take action if over 20% of an IFA's business is with one company.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Are financial advisers to be trusted?
Article Abstract:
Mixed views continue to be expressed in the UK about whether financial advisers should receive commission or operate on a flat fee basis. Some members of the Financial Services Authority feel that the term independent financial adviser should apply only to those who charge fees.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: What makes a child a killer? The deadliest diet in the world
- Abstracts: At last, Dr Carey comes out and exposes himself in a poor light. The only language we understand
- Abstracts: A welcome voice from the past. John Wells. John O'Neill
- Abstracts: Why can't white people adopt a black child? It doesn't have to hurt. Space: 21st-century London style
- Abstracts: Child B; the truth about her last days. Women take risk for cancer trial