Financial Advisers Andover

Financial Advisers Andover Hampshire: It can be an intimidating experience trying to locate a reliable independent financial adviser in the Andover area, particularly if it's the first time that you're seeking financial advice. Whether you're searching for pensions, investments, mortgage or even insurance advice, all qualified financial advisers are bound by one common rule; they all have to adhere to the regulations laid down by the FCA (Financial Conduct Authority). Any advice given by a FCA authorised financial adviser in Andover comes with guarantees that should things go awry, you can contact the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.

When choosing a financial adviser in Andover, a decent starting point could be friends and neighbours, however you must keep in mind that your circumstances may not be in line with theirs, and you might be in need of a different type of advice. Their advice needs to be personalised to your particular circumstances, and not every financial adviser is suitable for everyone. It pays to speak with at least 3 different firms when you are choosing a financial adviser, since this is a major decision, and you'll be looking to find one that you feel comfortable with and can trust, and also check out the various options they can provide.

There are 2 principal types of financial adviser in Andover; restricted advisers and independent financial advisers. Offering a wider range of options, an independent financial adviser should not be limited to the products and services of a single company. Covering the entire spectrum of financial products and companies, independent financial advice must be offered in an unbiased and impartial way to clients. Consulting an IFA should allow you to choose between the broadest possible array of services. If you use a restricted adviser you'll soon realise that they may be restricted to products and services of one particular firm, or as in the case of a mortgage adviser, might only be focused on one individual product.

Before any Andover financial adviser accepts you as a client, they're required by the FCA to be fully transparent with you about their charges. You may be charged by the hour, a set fee or maybe even a percentage of your investment value, determined by services you're looking for. You will sometimes be offered a free initial consultation to enable you to discuss your goals and see if the adviser is suitable for you and your situation. In some of the larger Andover companies, you may find that your account is looked after by a team as opposed to an individual.

To describe your desired goals and financial situation to the advising company, you will be asked to fill in a "Fact Find" form, which is a confidential disclosure document. You will also be handed a Key Facts Document, or Initial Disclosure Document, which provides you with details about the financial adviser, their situation for offering independent or restricted advice and their scope of permissions in the financial market. This document should also set down your own rights and your options if you're not satisfied with the service provided, and would like to make a complaint. It must be easily understood, written in plain language, and describe exactly what you are committing yourself to, together with the risks and benefits of going along with the advice. You can find the level of cooling-off period in this document. This allows you to change your mind within a certain time period, and cancel your contract with the financial adviser.

When chatting with the financial adviser initially you need to check their experience and qualifications. After all you're on the verge of entrusting your financial wellbeing to their skill, so you must not be embarrassed about asking these questions. Every financial adviser in Andover must be able to present an annual Statement of Professional Standing, and must at least hold a Level 4 qualification. If the adviser's name doesn't appear on the Financial Services Register, don't freak out, the company the adviser works for will almost certainly be on the register and their advisers will be covered by the regulations. The person can still offer financial guidance instead of advice, if these can't be provided. Guidance is not subject to regulations in the same way as financial advice, meaning that if errors are made the client won't have any recourse.

You'll be asked the level of risk you're willing to accept, if you are seeking advice on investing money. Bigger rewards may be possible with high risk investments, but you stand a greater chance of losing some or all of your capital. Good quality investment and financial advice should take into account your savings objectives, i.e. long or short term investments, how quickly you need access to your funds and how much you have to invest. You must invariably ask yourself the one important question, how much money can you actually afford to lose. Sometimes referred to as your 'capacity for loss', this will quite likely influence the services and products that you're offered.

From the outset, it's vital that you tell your financial adviser about any mortgages, investments, savings accounts or regular payments that you currently have. This should give a clear and full picture of your financial circumstances, and without this the advice you get might not be the best for you. Diversifying your investments and savings by spreading the risk load across different products, is an important part of reliable financial advice. So as to reflect your financial situation and goals, a competent financial adviser in Andover will be aware of the best products to consider.

Communicating in in the simplest terms possible, your financial adviser will unmask the complex world of investment and finance. This will permit you to compare services and products which meet your needs, and make an informed decision. You could maybe ask your adviser to only specify ethical savings and investment schemes. This not only provides you with investment possibilities, but also enables you to support zero carbon or green energy projects, and keep clear of those that don't share the same values that you do.

Having constant interactions with your financial adviser in Andover could create issues with your work life and other obligations. This can be alleviated by augmenting face-to-face meetings with telephone calls and video conferencing, therefore allowing you to get the guidance you need at times that are convenient. Even if you hardly ever have a one-on-one meeting with your personal adviser, an experienced financial advice firm in Andover will have rigorous measures in force to keep your details secure and confidential, because home and remote working is now so common.

COMPLAINTS

Investments can go down as easily as they can go up, because the financial world can be unpredictable. It can be extremely worrying and demoralising if your investment fails to make as much money as you were hoping for. Regrettably, a downward trend in your investment isn't a recognised basis for complaint, unless it's owing to incorrect or misleading information from your financial adviser.

Any grievances should start out with the company's official complaints procedure as detailed in the Key Facts Document. If your adviser is a member of the Financial Conduct Authority, you can tell the Financial Ombudsman about the problem if it is unsolved within the time schedule laid down by the regulating body.

The Financial Ombudsman will make a ruling after independently reviewing the cause of the complaint. If it is established that the complaint is legitimate, a decision is made on how the client can be compensated or the situation rectified. This will become legally binding once it has been agreed on by the client, and the adviser and their firm must abide by the ruling. The Ombudsman will also consider any trouble, inconvenience, distress and annoyance caused to the customer during the process, and establish the level of compensation proportionately.

Financial advice can be provided in Andover and also in nearby places like: Kingsway Gardens, Enham Alamein, Abbotts Ann, Picket Piece, East Anton, Weyhill, Andover Down, Knights Enham, Anna Valley, Charlton, Upper Clatford, Goodworth Clatford, Hatherdean, as well as in these postcodes SP10 1DW, SP10 1PJ, SP10 1PR, SP10 1HX, SP10 1BE, SP10 1JU, SP10 1BH, SP10 1EP, SP10 1EJ, SP10 2BE. Locally based Andover financial advisers will likely have the postcode SP10 and the telephone code 01264. Verifying this should ensure you're accessing locally based financial advisers. Andover homeowners will be able to benefit from these and various other finance related services.

Hampshire Financial Advice Enquiries

Recently posted Hampshire financial advice enquiries: Marlie Gilmour and Liam Gilmour from Shawford recently asked about pension advice. Victoria Dunne and Alby Dunne from Enham Alamein, Hampshire recently asked about financial planning. Abel Owen and Constance Owen in Lockerley recently asked for information on pensions. Nusaybah Bell in Chandlers Ford, Hampshire recently asked for information on pensions. Antoni Lloyd and Aqsa Lloyd from Hordle recently enquired about investment advice. Henri and Roxy Carson from Romsey recently enquired about investment advice. Cain and Lili Singleton from Everton recently asked for information on financial planning. Ollie and Lorena Rahman in Bransgore recently asked about pension advice. Most of these local people searched for "financial advisers Hampshire" and came across this page on Yahoo, Google or Bing.

Andover Financial Advice Services

There is a variety of services that can be provided by your local Andover financial advisor including pension transfers, inheritance tax planning, retirement plans, business protection in Andover, income protection, financial advice services Andover, stakeholder pension advice, offshore investments, cheap financial advice, unit trusts, bridging finance, bereavement benefit advice Andover, personal pensions advice in Andover, equity release Andover, investment bonds, independent financial advice in Andover, life assurance Andover, saving for children, personal protection, pension planning Andover, business financial planning, investing an inheritance Andover, ethical investment advice, cash flow modelling, mutual funds, portfolio management, annuity purchase, pension reviews, critical illness cover, financial analyst services in Andover, and lots more. Listed are just some of the duties that can be handled by local financial advisers. Andover professionals will be happy to tell you about their whole range of services.

Financial Advisers Near Andover

Also find: Upper Clatford financial advisers, Charlton financial advisers, Hatherdean financial advisers, Picket Piece financial advisers, Abbotts Ann financial advisers, Weyhill financial advisers, Knights Enham financial advisers, East Anton financial advisers, Enham Alamein financial advisers, Goodworth Clatford financial advisers, Anna Valley financial advisers, Kingsway Gardens financial advisers, Andover Down financial advisers and more. All of these areas are served by local financial advisers. Andover residents can get quotes by clicking here.

Andover Financial Advice Services

Find Financial Advisers in Andover Here

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Financial Advisors Around Andover: Financial advisors were recently necessary for people living in Swallowfields, Duncans Close, Barlows Lane, The Lodge, Constantine Square, Sun Cottages, Toledo Grove, Deweys Lane, Dart Court, Swift Close, Dove Close, Augustus Walk, Bourne Court, Cowlease Cottages, Sheep Fair, Back Lane, Box Cottages, Tiberius Road, The Warren, Blue Hayes Close, Somerville Court, Dene Road, Cowdrey Square, Brydges Road, Severn Court, Cress Gardens, Admirals Way, The Mall, Berry Lane, Chichester Close and these Andover postcodes: SP10 1DW, SP10 1PJ, SP10 1PR, SP10 1HX, SP10 1BE, SP10 1JU, SP10 1BH, SP10 1EP, SP10 1EJ, SP10 2BE. People living in these areas recently needed the help of a financial adviser. Andover residents enjoyed reliable and professional financial services on each occasion.

If you want local information relating to Andover, Hampshire check here

More Hampshire Financial Advisers: More Hampshire financial advisers: Totton, Portsmouth, Hythe, New Milton, Basingstoke, Southampton, Waterlooville, Winchester, Horndean, Fareham, Fleet, Havant, Farnborough, Aldershot, Gosport, Hedge End, Andover, Yateley, Emsworth, Stubbington, Eastleigh, Southsea and Alton.

Independent financial advisers in SP10 area, and dialling code 01264.

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