Financial Advisor Eastwood

Eastwood Independent Financial Advice & Investment

Financial Advisor Eastwood Nottinghamshire (NG16): Locating a good independent financial advisor in the Eastwood area can be an intimidating experience, particularly if you are needing financial advice for the first time. Nevertheless, all qualified financial advisors are bound by one common rule; they must all observe the regulations set by the Financial Conduct Authority (FCA), whether you are after mortgage, pension, investments or even insurance advice. This comes with various guarantees, so after getting advice from a FCA registered financial advisor in Eastwood, you can seek recompense from the Financial Ombudsman or the Financial Services Compensation Scheme, if something should go awry.

Free Eastwood Financial Advisor Quotes

When choosing a financial advisor in Eastwood, a good place to start could be friends and family, however you must keep in mind that your situation might not be in line with theirs, and you may need a different sort of advice. Financial advice must be individually tailored to your particular circumstances, and you'll find that certain financial advisors might not be appropriate for your requirements. It is wise to talk with at least three different firms when you're choosing a financial advisor, since this is a major decision, and you'll be looking to find one that you can trust and feel comfortable with, and also check out the options they can provide.

Financial Advisor Eastwood Nottinghamshire (NG16)

Independent financial advisors (IFA) and restricted advisors, are the 2 principal kinds of financial advisor in Eastwood. The good thing about using an independent financial advisor is that they should not be limited to a single company's services and products, and can offer a wider range of options. Covering the entire spectrum of financial companies and products, independent financial advice must be given in an honest and unbiased way to clientele. This enables you to pick from the widest possible range of products to match your needs. If you go to a restricted advisor you'll discover that they may be limited to products and services of a single firm, or as in the case of a mortgage advisor, will only be involved with one individual product.

Before any Eastwood financial advisor takes you on as a client, they're required by the Financial Conduct Authority to be fully transparent with you about their charges. You might be charged a set fee, by the hour or maybe even a percentage of your investment value, in accordance with type of product you require. A free preliminary consultation could be offered, so that you can discuss your aims and circumstances to determine whether the advisor is a good fit. If you go to one of the bigger Eastwood companies, your account might be looked after by a team of advisors rather than a single individual.

Financial Advisors Eastwood UK (01773)

Before any actual advice is handed out you'll be asked to complete a confidential disclosure document, called a "Fact Find" form, which informs the advising firm about your financial situation and goals. An Initial Disclosure, or Key Facts Document will also be handed to you, providing information regarding the financial advisors themselves, outlining the scope of their permissions in the financial arena and their situation for offering restricted or independent advice. This document should also lay out your own legal rights and the possible options you can take if you are not satisfied with the service provided, and wish to submit a complaint. It must be easy to understand, written in layman's terms, and explain exactly what you are committing yourself to, along with the benefits and risks of accepting the proffered advice. The Key Facts Document should also inform you about the cooling-off period. This permits you to cancel your agreement with the financial advisor within a certain period of time, and if any penalties are incurred.

When speaking to your financial advisor for the first time you need to check their experience and qualifications. Asking these questions shouldn't cause you any embarrassment, because you are entrusting them with your long-term financial wellbeing. Every financial advisor in Eastwood must be able to present an annual Statement of Professional Standing, and must hold a minimum of a Level 4 qualification. You shouldn't stress if your advisor's name doesn't show up on the Financial Services Register, as long as the company is listed on the register, their staff will be covered by the regulations. The person can still offer financial guidance instead of advice, if these can't be presented. Guidance is not subject to regulations in the same way as financial advice, meaning that if mistakes arise the client won't have any recourse.

Financial Advisor Quotes in Eastwood Nottinghamshire

If you are looking for advice on investments you will be asked about the level of risk you are prepared to take. Most investments carry some degree of risk, but higher risk investments could offer substantial rewards, but also more likelihood of losing some or all of your cash. Your savings objectives should be carefully considered if decent investment and financial advice is to be given, i.e. long or short term investments, how rapidly you need access to your money and how much money you want to invest. The one question that you should ask yourself, which is often overlooked, is just how much you can really afford to lose. This is commonly called your 'capacity for loss' and could affect the services and products that may be offered for your consideration.

Financial Advice Near Eastwood Nottinghamshire

If you've already got any current investments, regular outgoing payments, savings accounts or mortgage loans, you'll want to let your financial advisor know about these. This will provide a clear and full picture of your current financial situation, without which the advice given will most likely not be the best for you. Reliable financial advice should include diversifying your savings and investments by spreading the risk load across a range of different products. So as to match your goals and financial circumstances, a professional financial advisor in Eastwood will be aware of the best areas to consider.

A financial advisor will open up the multifaceted world of finance, and converse in as plain a speech as possible. After learning about the products and services which meet your needs, you should be in a position to make an informed and considered decision. If you are mind is firmly on the environment, you could perhaps ask your financial advisor to stick to ethical savings and investment schemes. You will then be able to avoid companies that firms meet your criteria, and instead support those companies and businesses that address your concerns, for example renewable energy or zero carbon.

Having constant interactions with your financial advisor in Eastwood could cause complications with your work day and other commitments. To enable you to seek advice at times that suit you, one-on-one meetings can be complemented with phone calls and video conferencing. A professional financial advice firm in Eastwood will have rigorous measures in force to ensure your details are kept confidential and secure, even if you never have a one-on-one meeting with your advisor, because remote and home working is no longer unusual.


Investments can be an unpredictable area, and their values can fall as well as rise. If your investment fails to make the amount of money you were hoping for, it can be incredibly worrying and frustrating. A downward trend in your investment isn't a recognised cause for complaint, unless your advisor has given you misleading or incorrect information.

Independent Financial Advisor Near Eastwood (NG16)

As outlined in the Key Facts Document, any complaints should start out with the firm's official complaints procedure. You can inform the Financial Ombudsman of the problem if it remains unsolved within the timeframe set out by the regulating body, and your financial advisor is a member of the Financial Conduct Authority.

The Financial Ombudsman will independently review the cause for complaint and come to a decision. If it is established that the complaint is justified, a decision is made on how the client can be compensated or the situation rectified. This will become a legally binding decision once it has been agreed on by the customer, and the advisor and their company must comply with the ruling. Any trouble, inconvenience, distress and upset caused to the client during the dispute, will be accounted for when the Ombudsman sets the level of compensation.

Book a Financial Advisor in Eastwood UK

Financial advice can be provided in Eastwood and also in nearby places like: Brinsley, Hucknall, Underwood, Broxtowe, Ironville, Ripley, Newthorpe, Old Basford, Langley Hill, Nutall, Watnall, Awsworth, Greasley, Giltbrook, Shipley, Nottingham, Westwood, Selston, Bulwell, together with these postcodes NG16 3AW, NG16 3AD, NG16 3BN, NG16 3BL, NG16 3BD, NG16 3HA, NG16 3FY, NG16 3BU, NG16 3JQ, NG16 3DJ. Locally based Eastwood financial advisers will probably have the telephone code 01773 and the postcode NG16. Checking this out should ensure you're accessing locally based financial advisers. Eastwood home and business owners can utilise these and numerous other similar services.

Pension Planning

A secure retirement necessitates pension planning as a key step. The engagement of a financial advisor's services can bring about considerable process improvement. Assessing your current financial situation, a qualified advisor will understand your retirement objectives and design a customised pension plan. They navigate the intricacies of UK pension choices, such as the State Pension, workplace pensions, and SIPPs (self-invested personal pensions). By taking full advantage of their expertise, informed decisions about contributions, tax implications and investment choices can be made. Working with a financial advisor in Eastwood is key to creating a robust pension plan, providing peace of mind and financial stability for your future.

The State Pension is the cornerstone of UK pension planning, since it provides a basic level of retirement income that is backed by the government. An individual's National Insurance contributions over their working life generally determines their eligibility for the State Pension. The complexities of the State Pension scheme have become more important to understand than ever before, due to changes to the State Pension age and the number of qualifying years. (42316)

Regular Tasks of a Financial Advisor

  • Financial advisors speak with clients about their finances and plans.
  • Financial advisors make advantageous deals with with financial product providers.
  • Financial advisors produce financial reports.
  • Financial advisors provide education, consultation and counselling with regards to finances and investments.
  • Financial advisors work in collaboration with their peers to gather market information, trends and statistics.
  • Financial advisors keep fully up to date with new financial products and regulation changes.
  • Financial advisors meet performance and sales targets.
  • Financial advisors keep detailed records of potential transactions and clients.
  • Financial advisors research financial products and explain them clearly and simply to their customers.
  • Financial advisors regularly update customers concerning their investments.

Eastwood Financial Advice Services

Financial Advice Tasks Eastwood

There are a wide array of services which are provided by your local Eastwood financial advisor including death benefits, corporate bonds, family income benefit, ISA's Eastwood, multi-asset portfolios in Eastwood, financial analyst services Eastwood, wealth management & investments Eastwood, savings advice, inheritance tax planning, unit trusts Eastwood, bridging finance Eastwood, long term care fee advice, pension consolidation, business protection, familt controlled trusts in Eastwood, investing an inheritance in Eastwood, independent financial advice, pension transfers Eastwood, life assurance, income protection advice, money planning, life insurance advice, portfolio management, mutual funds Eastwood, critical illness cover, equity release advice, will writing services, ethical investments, investment bonds, annuity purchase, and lots more. These are just a selection of the activities that can be conducted by a financial advisor. Eastwood professionals will be happy to tell you about their whole range of services.


Financial Advisors Near Eastwood

Also find: Watnall financial advisors, Westwood financial advisors, Ironville financial advisors, Nutall financial advisors, Brinsley financial advisors, Old Basford financial advisors, Giltbrook financial advisors, Broxtowe financial advisors, Newthorpe financial advisors, Langley Hill financial advisors and more. Financial advisors are available for discussions in practically all of these towns and areas. Residents in these places can make enquiries about financial advice by clicking here.

Eastwood Financial Advice Services

Find a Financial Advisor in Eastwood Here
Financial Advice Enquiries in Eastwood Nottinghamshire (01773)
  • Eastwood Retirement Planning
  • Eastwood Financial Advice Quotations
  • Eastwood Life Insurance Advice
  • Eastwood Tax Advice
  • Eastwood Corporate Financial Advice
  • Eastwood Pension Advice
  • Eastwood Trustee Investments
  • Eastwood Cheap Financial Advice
  • Eastwood Independent Financial Advice
  • Eastwood Inheritance Advice
  • Eastwood Estate Planning
  • Eastwood Mortgage Advice
  • Eastwood Investment Advice
  • Eastwood Cashflow Analysis

To find local info about Eastwood, Nottinghamshire click here

Financial Advisor Jobs Eastwood: View financial adviser jobs in Eastwood by clicking here: General Financial Advisor Jobs

Independent financial advisor in NG16 area, phone code 01773.

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(This financial advisor Eastwood information was checked and updated on 20-02-2024)