Financial Advisor Skelmersdale

Skelmersdale Independent Financial Advice & Investment

Financial Advisor Skelmersdale Lancashire (WN8): It can be a challenging experience trying to find a good financial advisor advisor in the Skelmersdale area, especially if it's the first time that you're in search of financial advice. Whether it's mortgage, investments, pensions or even insurance advice that you are after, there is one common rule for all professional financial advisors; they all have to follow FCA (Financial Conduct Authority) regulations. This comes with certain guarantees, thus after getting advice from a FCA approved financial advisor in Skelmersdale, you can seek reparation from the Financial Ombudsman Scheme or the Financial Services Compensation Scheme, if if things go wrong.

Free Skelmersdale Financial Advisor Quotes

A good starting place when picking a financial advisor in Skelmersdale could be relatives and friends, but remember that the sort of advice you're searching for might be significantly different to theirs. Any advice they offer needs to be personalised to your unique circumstances, and every financial advisor is not suitable for everyone. To investigate the various options they are offering and find a financial advisor that you can trust and feel comfortable with, it pays to talk to at least three different firms, because choosing a financial advisor is a big decision.

Financial Advisor Skelmersdale Lancashire (WN8)

When you're looking to pick a financial advisor in Skelmersdale, there are essentially two principal types; restricted advisors and independent financial advisors (IFA). Offering a more diverse range of options, an IFA will not be confined to a single provider's services and products. Independent financial advice should cover the entire spectrum of financial companies and products, and must be offered in an impartial way. Consulting an independent financial advisor should permit you to select from the broadest possible array of services. A restricted advisor may be focused on an individual product, as with a mortgage advisor, or be restricted to products and services from one particular firm.

Before accepting you as a client, any financial advisor in Skelmersdale must discuss their charges with you, as required by the FCA. You could be charged a set fee, by the hour or possibly even a percentage of your investment value, based upon product you are looking for. A free initial consultation might be offered, so that you can discuss your aims and circumstances to see if the advisor is the right choice. Your account might be managed by a team as opposed to a single advisor, if you choose to go to one of the larger Skelmersdale companies.

Financial Advisors Skelmersdale UK (01695)

Before any financial advice is given you'll be required to fill in a confidential disclosure document, called a "Fact Find" form, which tells the advising firm about your goals and financial situation. A Key Facts Document, or Initial Disclosure Document will also be handed to you, providing details of the financial advisors themselves, detailing their scope of permissions in the financial market and their status to offer restricted or independent advice. This document will also set down your legal rights and the options you can take if you aren't happy with the service provided, and wish to complain. It should be written in plain language and describe what you are signing up for, and any possible benefits and risks should you elect to go along with the offered advice. The Key Facts Document must also inform you of the cooling-off period. This permits you to have a change of heart within a specific time frame, and cancel the agreement with your financial advisor.

You need to check what qualifications and experience the financial advisor has when you first talk to them. You shouldn't be embarrassed about asking such questions, after all you're on the verge of entrusting your long-term financial wellbeing to their expertise. All Skelmersdale financial advisors must as a minimum hold a Level 4 qualification and be in a position to present an annual Statement of Professional Standing. Don't freak out if your particular advisor's name does not show up on the Financial Services Register, providing the company is on the register, their employees are covered by the regulations. If these cannot be presented the individual may still offer financial guidance as opposed to financial advice. In terms of finance guidance is different to advice and isn't regulated. Therefore there isn't any recourse for either party if mistakes occur.

Financial Advisor Quotes in Skelmersdale Lancashire

If you're needing advice on investments you'll be asked the level of risk you are comfortable with. Many investments carry some degree of risk, but high risk investments may offer bigger rewards, but also more chance of losing your funds. In order to get the best investment and financial advice, your savings goals will need to be given careful consideration, i.e. how much you have to invest, long or short term investments and how rapidly you need to access your money. "How much can you actually afford to lose?" Is the one vital question that you really need to ask yourself. Known as your 'capacity for loss', this will very likely have an effect on services and products that you are offered.

Financial Advice Near Skelmersdale Lancashire

Right from the start, it's vital that you let your financial advisor know about any existing regular payments, mortgage loans, savings or investments that you have. This should give a clear picture of your financial situation, without which the advice given might not be the most suitable for you. Diversifying your investments and savings by spreading the risk across various products, is an essential part of reliable financial advice. With an understanding of the best areas to consider, a seasoned financial advisor will focus attention on products that most closely fit in with your goals and financial circumstances.

Your financial advisor will try to communicate in as much plain speech as possible, to unveil the complex world of finance. You should be in a position to make an informed decision after you have compared the various products and services which meet your needs. If the environment is at the forefront of your mind, you could perhaps ask that ethical investments and savings take top priority. This not only provides you with investment possibilities, but also enables you to support zero carbon or renewable energy projects, and steer clear of businesses and companies that do not share the same values.

Working together with a financial advisor in Skelmersdale can be difficult to manage around work and other responsibilities. To allow you to seek advice at a time to suit you, one-on-one meetings can be backed up with video conferencing and telephone calls. Even if you never have an in-person meeting with your advisor, any competent financial advice provider in Skelmersdale will have stringent measures in place to keep your details secure and confidential, because working from home and remote working is now so common.


You have to remember that the financial world is a volatile sector, and the value of your investments could just as easily drop as well as rise. It can be extremely disheartening and stressful if your investment is not making as much money as you hoped for. A downward trend in your investment is not seen as a cause for complaint, unless your financial advisor has given you misleading or incorrect information.

Independent Financial Advisor Near Skelmersdale (WN8)

The company's official complaints procedure should be the place to start with any disputes, and the Key Facts Document will discuss this. If the advisor is a member of the Financial Conduct Authority, you can let the Financial Ombudsman know about the problem if it remains unsolved within the time set out by the regulating body.

After looking into the cause of the complaint, the Financial Ombudsman will come to a decision on the issue. A decision will be made on how to financially compensate the client, if the complaint is justified. The financial advisor and their company must comply with any ruling that's made by the Ombudsman, which becomes legally binding once the customer has accepted it. Any compensation laid down by the Financial Ombudsman will also take into account any annoyance, inconvenience, distress and trouble caused to the customer during the process.

Book a Financial Advisor in Skelmersdale UK

Financial advice can be provided in Skelmersdale and also in: Birch Green, Roby Mill, Bickerstaffe, Dalton, Stanley Gate, Barrow Nook, Elmers Green, Parbold, Up Holland, Digmoor, Rainford, Lathom, Westhead, Holland Moor, Old Town, Newburgh, as well as in these postcodes WN8 6DS, WN8 6BF, WN8 6AX, WN8 6DR, WN8 0BA, WN8 6QR, WN8 6DN, WN8 6PA, WN8 6QG, WN8 6BG. Locally based Skelmersdale financial advisers will likely have the postcode WN8 and the telephone code 01695. Checking this out can ensure you're accessing locally based financial advisers. Skelmersdale property owners will be able to utilise these and numerous other finance related services.

Pension Planning

A secure retirement is achieved through the vital process of pension planning. Engaging a financial advisor's services can significantly improve this process. Designing a personalised pension plan, a competent advisor will assess your current financial situation and understand your retirement goals. They navigate the complexities of UK pension options, which involve workplace pensions, the state pension, and self-invested personal pensions. By leveraging their expertise, informed decisions about investment choices, contributions and tax implications can be made. Ensuring that you create a robust pension plan, providing financial stability and peace of mind for your future, is achieved by working with a financial advisor in Skelmersdale.

The State Pension is a key component of UK pension planning, since it provides a standard level of retirement income that is guaranteed by the government. The State Pension is only available to those who have made sufficient National Insurance contributions over their working life. However, changes to the State Pension age and the number of qualifying years required have made understanding the intricacies of this scheme more important than ever before. (42316)

Skelmersdale Financial Advice Services

Financial Advice Tasks Skelmersdale

There is a variety of services that can be provided by your local Skelmersdale financial advisor including multi-asset portfolios Skelmersdale, pension advice, unit trusts, retirement planning in Skelmersdale, cashflow analysis, personal pensions Skelmersdale, pension consolidation advice, money planning in Skelmersdale, mortgage advice, familt controlled trusts in Skelmersdale, life insurance advice, annuities, mutual funds Skelmersdale, divorce financial planning in Skelmersdale, offshore investments, stakeholder pensions, life assurance, pension drawdowns Skelmersdale, corporate financial planning, pension transfers, annuity purchases in Skelmersdale, financial analyst services, inheritance tax planning, financial planning, death benefit advice, bridging finance, business financial planning, pension reviews, financial services in Skelmersdale, investment bonds Skelmersdale, and more. These are just a small portion of the duties that can be handled by a financial advisor. Skelmersdale professionals will let you know their entire range of services.

Skills Needed by a Financial Advisor

  • An outstanding level of math knowledge for developing financial plans.
  • Excellent customer service skills for establishing customer needs and requirements.
  • To have the ability to use a computer and the main software.
  • Excellent business management skills for the negotiation of product fees.
  • Excellent verbal communication skills.
  • An excellent understanding of accounting and economics relating to financial products and markets.
  • To pay attention to detail and be thorough.
  • To be able to network and build solid relationships with clients.
  • To have a flexible work ethic.
  • To be good at selling services and products.
  • To have active interpersonal and listening skills.

Financial Advisors Near Skelmersdale

Also find: Roby Mill financial advisors, Old Town financial advisors, Dalton financial advisors, Bickerstaffe financial advisors, Lathom financial advisors, Newburgh financial advisors, Digmoor financial advisors, Birch Green financial advisors, Elmers Green financial advisors, Westhead financial advisors, Barrow Nook financial advisors, Holland Moor financial advisors and more. Financial advisors are available for consultation services in all of these localities. Home and business owners in these areas can make enquiries about financial advice by clicking here.

Skelmersdale Financial Advice Services

Find a Financial Advisor in Skelmersdale Here
Financial Advice Enquiries in Skelmersdale Lancashire (01695)
  • Skelmersdale Inheritance Advice
  • Skelmersdale Cashflow Analysis
  • Skelmersdale Corporate Financial Planning
  • Skelmersdale Life Insurance Advice
  • Skelmersdale Estate Planning
  • Skelmersdale Financial Services
  • Skelmersdale Retirement Planning
  • Skelmersdale Financial Advice
  • Skelmersdale Pension Advice
  • Skelmersdale Mortgage Advice
  • Skelmersdale Tax Advice
  • Skelmersdale Trustee Investments
  • Skelmersdale Financial Advice Quotes
  • Skelmersdale Wealth Management

Financial Adviser Jobs Skelmersdale: Get financial adviser jobs in Skelmersdale here: Financial Advisor Jobs Skelmersdale

To find local info relating to Skelmersdale, Lancashire click here

Independent financial advisor in WN8 area, and dialling code 01695.

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(This financial advisor Skelmersdale article was revised and updated on 20-02-2024)