Financial Advisor Heywood

Heywood Independent Financial Advice & Investment

Financial Advisor Heywood Greater Manchester (OL10): If you are seeking financial advice for the very first time, trying to find a reliable independent financial advisor in the Heywood area can be a quite daunting experience. Whether it's pension, mortgage, investment or even insurance advice that you're looking for, there's one common rule for all financial advisors; they all have to abide by Financial Conduct Authority (FCA) regulations. The good thing about this is that should a financial advisor who is FCA certified give you poor advice, and anything goes wrong, you have guarantees, and can go to the Financial Services Compensation Scheme or the Financial Ombudsman Scheme to get things put right.

Free Heywood Financial Advisor Quotes

A good starting place in choosing a financial advisor in Heywood may be family and friends, but keep in mind that the type of advice you are searching for could be different to theirs. Financial advice must be individually tailored to your particular circumstances, and you'll find that certain financial advisors might not be appropriate for you. It is a good idea to chat to at least 3 different companies when you are considering a financial advisor, since this is a big decision, and you need to find one that you feel comfortable with and can trust, and also check out the options they offer.

Financial Advisor Heywood Greater Manchester (OL10)

Restricted advisors and independent financial advisors, are the two principal kinds of financial advisor in Heywood. The benefit of seeing an IFA is that they should not be confined to the services and products of just one provider, and can offer a wider range of options. Independent financial advice should be given in an unbiased way and should cover the full spectrum of financial products and companies. If you elect to use an independent financial advisor, you will be able to pick from the broadest possible array of services, so as to find the ideal solution for you. A restricted advisor may be involved with an individual product, such as a mortgage advisor, or be restricted to products and services from one particular firm.

Before accepting you as a client, any financial advisor in Heywood must tell you about their charges, as demanded by the FCA. Although it can vary subject to the kind of product you are interested in, there could be an hourly rate, a set fee, or you might even be charged a slice of what you're investing. You could be offered the possibility of a free preliminary consultation to enable you to discuss your aims and determine whether the advisor is a good fit for your circumstances. In some of the bigger Heywood firms, you may find that your account is managed by a team rather than an individual.

Financial Advisors Heywood UK (01706)

Before any actual financial advice is handed out you will be required to fill in a confidential disclosure form, called a "Fact Find" document, which informs the advising company about your ambitions and financial situation. You will also be given an Initial Disclosure, or Key Facts Document, which provides you with details of the financial advisor, their situation for offering restricted or independent advice and their range of permissions in the financial arena. If you aren't happy with the service provided, and wish to make a complaint, this document should also set down your legal rights and the options you can take. It has to be written in plain English and detail what you're committing yourself to, and any potential risks and benefits if you elect to take the offered advice. You can find the level of cooling-off period in the Key Facts Document. Within a specific time frame, this enables you to cancel the contract.

You should check the experience and qualifications of the financial advisor when you first speak with them. After all you're about to entrust your long-term financial wellbeing to their expertise, so you must not be self-conscious about asking these questions. All financial advisors in Heywood must as a minimum hold a Level 4 qualification and be able to present an annual Statement of Professional Standing. You should not freak out if your specific advisor's name does not appear on the Financial Services Register, so long as the firm is on the register, their employees will be covered by the regulations. The individual can still offer financial guidance rather than advice, if these cannot be provided. In financial terms guidance differs to advice and isn't regulated. Therefore there's no recourse for either party if financial blunders occur.

Financial Advisor Quotes in Heywood Greater Manchester

You will be asked the amount of risk you are willing to take, if you are seeking advice on investments. Higher rewards could be possible with high risk investments, however you may also lose all or some of your funds. Decent investment and financial advice should take you savings goals into consideration, i.e. how much you wish to invest, how rapidly you need access to your money and long or short term investments. You must always ask yourself the one vital question, how much can you truly afford to lose. This could influence the products and services that could be offered for your consideration, and is known as your 'capacity for loss'.

Financial Advice Near Heywood Greater Manchester

Right from the start, it's vital that you let your financial advisor know about any regular outgoing payments, mortgage loans, investments or savings that you currently have. They will need these details, so they can get a clear picture of your financial situation and give the correct advice for you. Smart financial advice should allow for diversifying your investments and savings by spreading the risk load across different products. A competent financial advisor in Heywood will understand the best products to consider, which reflect your financial situation and your goals.

A financial advisor will reveal the multifaceted world of finance, and communicate in as plain a speech as possible. After learning about the services and products which match your needs, you should be in a position to come to an informed and calculated decision. If the environment is at the forefront of your mind, you could maybe ask that ethical savings and investment schemes take precedence. You will then be able to steer clear of firms that companies meet your criteria, and instead lend your support to those businesses and companies that address your concerns, for instance zero carbon or green energy.

Working alongside your financial advisor in Heywood can be difficult to fit in around your work day and other obligations. This can be alleviated by supplementing one-on-one appointments with video conferencing and telephone, therefore enabling you to seek the guidance you need at times that are convenient. A professional financial advice company in Heywood will have stringent measures in place to ensure your details are kept secure and confidential, even if you hardly ever have an in-person meeting with your advisor, because home and remote working is no longer unusual.


Investments can go down as well as up, since the financial sector can be unpredictable. If your investment fails to make the amount of money you were hoping for, it can be incredibly worrying and demoralising. However, unless it is down to misleading or wrong information from your financial advisor, your investment having a downward trend isn't seen as a cause for complaint.

Independent Financial Advisor Near Heywood (OL10)

As laid out in the Key Facts Document, any grievances should commence with the company's complaints procedure. If the financial advisor is a member of the Financial Conduct Authority, you can tell the Financial Ombudsman about the problem if it remains unsolved within the timeframe stipulated by the regulating authority.

After independently reviewing the cause for complaint, the Financial Ombudsman will come to a decision on the issue. A decision will be made on how to financially compensate the customer, if the complaint is justified. Once agreed on by the client, the decision will become legally binding, and the advisor and their company must abide by it. Any trouble, inconvenience, distress and annoyance caused to the customer during the situation, will be considered when the Financial Ombudsman fixes the level of compensation.

Book a Financial Advisor in Heywood UK

Financial advice can be provided in Heywood and also in nearby places like: Cutgate, Crimble, Castleton Moor, Gigg, Sudden, Jericho, Fairfield, Heap Bridge, Pimhole, Heady Hill, Top of Hebers, Marland, Shawfield, Barnford, Birch, Castleton, Norden, Free Town, together with these postcodes OL10 1ES, OL10 1FZ, BL9 7JG, OL10 1HZ, BL9 7JW, BL9 6UY, BL9 7UJ, BL9 7HT, OL10 1FS, OL10 1FY. Locally based Heywood financial advisors will likely have the postcode OL10 and the phone code 01706. Checking this will make certain that you access local financial advisers. Heywood property owners are able to utilise these and lots of other similar services.

Pension Planning

Crucial for a secure retirement is pension planning. This process can be substantially improved by seeking the services of a financial advisor. Assessing your current financial circumstances, a professional advisor will understand your retirement goals and design a personalised pension plan. Navigating the intricacies of UK pension options, they deal with the state pension, workplace pensions, and SIPPs. You can take full advantage of their expertise to make informed decisions about investment choices, contributions and tax implications. Working with a financial advisor in Heywood guarantees the creation of an effective pension plan, providing financial stability and peace of mind for your future.

UK pension planning revolves around the State Pension, which is a government-backed scheme that provides a basic level of retirement income. Your eligibility for the State Pension will typically depend on how many National Insurance contributions you have made over your working life. Understanding the complexities of the State Pension scheme is more important than ever before, because of changes to the number of qualifying years and the State Pension age. (42316)

Fundamental Skills for Financial Advisors

  • Outstanding verbal communication skills.
  • Excellent business management skills for the negotiation of product fees.
  • To have a flexible work ethic.
  • An excellent understanding of accounting and economics relating to financial markets and products.
  • To have good IT skills.
  • To have the ability to network and build relationships with clients.
  • Excellent customer service skills for finding out customer needs and requirements.
  • An outstanding level of numeracy for creating financial plans.
  • To pay attention to detail and be thorough.
  • To be good at selling products and services.
  • Active listening and interpersonal skills.

Heywood Financial Advice Services

Financial Advice Tasks Heywood

There is a variety of services which can be provided by your local Heywood financial advisor including investment planning, multi-asset portfolios in Heywood, business financial planning, financial analyst services, life assurance, investment bonds, unit trusts in Heywood, general financial planning, stakeholder pension advice, death benefits, long term care fee advice, investing an inheritance, ethical investments, cashflow planning Heywood, ISA's, portfolio management, pension transfer advice in Heywood, wealth management Heywood, personal protection, trusts, pension planning, personal pensions advice Heywood, money planning, corporate bonds, annuity purchase in Heywood, inheritance tax planning, family income benefit, offshore investment advice Heywood, life insurance advice, savings advice, and more. These are just an example of the activities that can be handled by a financial advisor. Heywood professionals will inform you of their entire range of financial services.


Financial Advisors Near Heywood

Also find: Sudden financial advisors, Marland financial advisors, Crimble financial advisors, Pimhole financial advisors, Birch financial advisors, Gigg financial advisors, Cutgate financial advisors, Fairfield financial advisors, Top of Hebers financial advisors, Barnford financial advisors, Free Town financial advisors, Castleton Moor financial advisors, Norden financial advisors, Jericho financial advisors, Heap Bridge financial advisors, Shawfield financial advisors, Castleton financial advisors, Heady Hill financial advisors and more. Financial advisors are available for consultation services in most of these villages and towns. Business and home owners in these areas can make enquiries about financial advice by clicking here.

Heywood Financial Advice Services

Find a Financial Advisor in Heywood Here
Financial Advice Enquiries in Heywood Greater Manchester (01706)
  • Heywood Retirement Planning
  • Heywood Corporate Financial Advice
  • Heywood Tax Advice
  • Heywood Pension Advice
  • Heywood Trustee Investments
  • Heywood Inheritance Advice
  • Heywood Independent Financial Advice
  • Heywood Cashflow Analysis
  • Heywood Mortgage Advice
  • Heywood Wealth Management
  • Heywood Cheap Financial Advice
  • Heywood Life Insurance Advice
  • Heywood Investment Advice
  • Heywood Financial Services

To read local information regarding Heywood, Greater Manchester look here

Independent financial advisor in OL10 area, and dialling code 01706.

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(This financial advisor Heywood page was checked and updated on 20-02-2024)