Financial Advisers Leicester Leicestershire: If you're seeking financial advice for the first time, trying to locate a reliable financial adviser adviser in Leicester can be a daunting experience. Whether it is pensions, investments, mortgage or even insurance guidance that you're after, there's one common rule for all professional financial advisers; they must all follow FCA (Financial Conduct Authority) regulations. Any advice given from a FCA registered financial adviser in Leicester comes with guarantees that should things go awry, you've got access to the Financial Ombudsman Scheme or the Financial Services Compensation Scheme.
Neighbours and friends recommendations can be a decent starting point in selecting a financial adviser in Leicester, but bear in mind that their circumstances may be different to what you're looking for. Financial advice should be specifically tailored to your particular circumstances, and you will discover that certain financial advisers may not be appropriate for you. To investigate the various options they are offering and find a financial adviser that you can trust and feel comfortable with, it pays to speak to at least 3 different companies, because picking a financial adviser is a big decision.
When you are looking to pick a financial adviser in Leicester, there are two main types; independent financial advisers (IFA) and restricted advisers. An IFA won't be limited to the services or products of just one provider. Independent financial advice must cover the full gamut of financial companies and products, and must be offered in an impartial way. This will allow you to select from the widest range of services to suit your needs. A restricted adviser may be limited to products and services from one particular company, or may even concentrate on just one product, as can happen with a mortgage adviser.
Before taking you on as a client, any financial adviser must tell you about their charges, as required by the Financial Conduct Authority. You might be charged by the hour, a set fee or even a percentage of your investment value, determined by services you're looking for. To allow you to discuss your objectives and see if the adviser is the proper choice for you and your circumstances, you might be offered the chance of a free initial consultation. If you use one of the bigger Leicester firms, your account may be looked after by a team of advisers rather than a single person.
To describe your targets and financial situation to the advising company, you will be asked to fill in a "Fact Find" document, which is a confidential disclosure form. An Initial Disclosure, or Key Facts Document will also be handed to you, providing information regarding the financial advisers themselves, outlining their scope of permissions in the financial arena and their status to offer independent or restricted advice. This document will also lay down your own legal rights and your options if you're not satisfied with the service, and would like to complain. It has to be easy to understand, written in plain language, and describe exactly what you are committing yourself to, along with the benefits and risks of going along with the advice. This document should also inform you about the level of cooling-off period. This enables you to have a change of heart within a specific number of days, and cancel your agreement with the financial adviser.
Ensure that you check the experience and qualifications of the financial adviser when you first speak to them. You should never be self-conscious about asking such questions, after all you're just about to entrust your financial future to their skill. A Level 4 qualification is the minimum certification for any Leicester financial adviser, and they must also be able to provide you with an annual Statement of Professional Standing. When checking the Financial Services Register, don't freak out if your particular financial adviser's name does not appear on there; you ought to be able to locate the company name, and that means the regulations covers all of their advisers. If they are unable to present these accreditations, the individual can't offer advice but can offer financial guidance. Guidance is different to advice as it's not regulated in the same way, and if financial blunders occur there may be no recourse to the client.
You'll be asked about the amount of risk you're ready to take, if you are seeking advice on investing money. Most investments carry some degree of risk, but high risk investments may offer substantial rewards, but also more chance of losing your capital. Decent financial and investment advice will take into account your savings goals, i.e. short or long term investments, how rapidly you need access to your money and how much money you want to invest. You should always ask yourself the one important question, how much money can you actually afford to lose. This is known as your 'capacity for loss' and may well affect the products and services that are offered to you.
You'll want to let your financial adviser know about your existing regular outgoing payments, mortgage loans, investments or personal savings. To make certain that you receive the best advice for you, they need to have a full and clear picture of your finances. Good financial advice should allow for diversifying your savings and investments by spreading the risk load across a range of different products. A certified financial adviser in Leicester will be aware of the best areas to consider, which reflect your financial situation and your goals.
Communicating in in the simplest terms possible, your financial adviser will unveil the multifaceted world of finance and investment. This will enable you to compare services and products which match your needs, and come to an informed decision. You could ask your adviser only to choose ethical savings and investments. This allows you to lend support to businesses and companies that match your concerns, e.g. zero carbon or renewable energy, or perhaps steering clear of businesses that do not meet your criteria.
It can prove hard to manage your work life and other responsibilities around working closely with a financial adviser in Leicester. This can be reduced by supplementing one-on-one appointments with telephone calls and video conferencing, hence enabling you to seek the guidance you need at a convenient time. An experienced financial advice company in Leicester will have rigorous measures in force to keep your details secure and confidential, even if you never have a face-to-face meeting with your personal adviser, because remote and home working is now so common.
COMPLAINTS
Investments can be an unpredictable area, and values can fall as well as rise. It can be quite stressful and disheartening if your investment fails to make as much money as you hoped for. A downward trend in your investment isn't seen as a basis for complaint, unless your financial adviser has given you misleading or incorrect information.
As laid out in the Key Facts Document, any disputes should start out with the firm's official complaints procedure. If the problem is unresolved within the time laid down by the regulating body, and the adviser is registered with the FCA, you can contact the Financial Ombudsman.
The Financial Ombudsman will make a ruling after independently reviewing the cause for complaint. If it is established that the complaint is justifiable, a decision is made on how the client can be compensated. The financial adviser and their company must comply with any decision that is made by the Ombudsman, which becomes a legally binding decision as soon as the client has agreed to it. Any distress, hassle, annoyance and inconvenience caused to the customer during the situation, will be considered when the Financial Ombudsman establishes the level of compensation.
Financial advice can be provided in Leicester and also nearby in: Wigston, Evington, Aylestone, Dane Hills, Spinney Hills, Groby, Clarendon Park, Anstey, Knighton, Humberstone, Belgrave, Enderby, Oadby, Birstall and Thurmarston, Beaumont Leys, Mountsorrel, together with these postcodes LE1 1DU, LE1 1SH, LE1 2HW, LE1 1RD, LE1 3AF, LE1 2GY, LE1 1RU, LE1 1HL, LE1 1SW, LE1 1GE. Local Leicester financial advisers will most likely have the dialling code 0116 and the postcode LE1. Verifying this should make certain that you are accessing local financial advisers. Leicester householders can utilise these and various other comparable services.
Financial Advice Enquiries Leicestershire
Latest Leicestershire financial advice enquiries: Aysha Mann in Castle Donington recently enquired about mortgage advice. Zarah Davidson from Earl Shilton recently asked about life assurance. Danny Houston in Ellistown recently asked for information on financial planning. Mr and Mrs Sturrock from Waltham recently enquired about life assurance. Skye and Arun Dolan from Billesdon recently enquired about mortgage advice. Zackary Heather and Sienna-Rose Heather from Long Clawson recently asked for information on investment bonds. Rowan and Ariya London from Thurnby, Leicestershire recently asked for information on investment bonds. Gabrielius Stewart and Arianna Stewart in Woodhouse Eaves, Leicestershire recently asked for information on mortgages. These local people conducted a search for "financial advisers Leicestershire" and came across this website on Yahoo, Google or Bing.
Leicester Financial Advice Services
There is a range of services that are provided by your local Leicester financial advisor including investing an inheritance, unit trusts, offshore investments, investment bonds, pension reviews in Leicester, mutual funds, multi-asset portfolios in Leicester, critical illness cover, investment plans, equity release advice Leicester, life insurances, trustee investment services in Leicester, life assurance advice in Leicester, divorce planning, will writing services, annuity purchase, savings advice, tax advice, ISA's Leicester, pension transfer advice, pension drawdowns, annuities, inheritance tax planning, death benefit advice, independent financial advice Leicester, personal financial planning, wealth management Leicester, financial advice services, bridging finance in Leicester, pension advice, and lots more. Listed are just an example of the tasks that can be conducted by local financial advisers. Leicester professionals will tell you about their full range of services.
Financial Advisers Near Leicester
Also find: Aylestone financial advisers, Anstey financial advisers, Beaumont Leys financial advisers, Knighton financial advisers, Spinney Hills financial advisers, Birstall and Thurmarston financial advisers, Groby financial advisers, Clarendon Park financial advisers, Belgrave financial advisers, Oadby financial advisers, Dane Hills financial advisers, Evington financial advisers, Mountsorrel financial advisers, Enderby financial advisers, Humberstone financial advisers, Wigston financial advisers and more. All these areas are serviced by local financial advisers. Leicester residents can get estimates by clicking here.
Leicester Financial Advice Services
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Financial Advisors Around Leicester: Some Leicester areas where financial advice has recently been given - Dawsons Lane, Carey Hill Road, Deanery Crescent, The Tithings, The Half Croft, Ashdown Avenue, Allinson Close, The Brianway, Ashover Close, Dale Street, Astley Close, Sedgebrook Close, Belgrave Road, Thurnview Road, Shottery Avenue, Alton Road, The Oasis, Atlas Close, Desford Lane, Cavendish Road, Shrewsbury Avenue, Balmoral Close, The Lawns, The Newry, Ballater Close, Austrey Lane, Skampton Road, Sharnford Road, Shanti Margh, as well as the following Leicester area postcodes: LE1 1DU, LE1 1SH, LE1 2HW, LE1 1RD, LE1 3AF, LE1 2GY, LE1 1RU, LE1 1HL, LE1 1SW, LE1 1GE. Folks residing in these local areas recently required the help of a financial adviser. Leicester residents were given reliable and top quality financial services on every occasion.
More Leicester Services: Naturally, whenever you're looking at your finances in Leicester, Leicestershire, you'll probably need all sorts of different services and along with a financial adviser in Leicester, Leicestershire, you may also need wills & probate in Leicester, accounting in Leicester, tax preparation in Leicester, contracts lawyers in Leicester, property law & conveyancing in Leicester, family lawyers in Leicester, business financial planning in Leicester, solicitors in Leicester, estate planning in Leicester, business consulting in Leicester, mortgage brokers in Leicester, payroll services in Leicester, investment advisors in Leicester, banruptcy lawyers in Leicester, mortgage advice in Leicester, bookkeepers in Leicester, debt recovery & collection in Leicester, and other different Leicester experts.
Financial Adviser Leicester
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Financial Advisers LeicesterTo read local info relating to Leicester, Leicestershire look here
More Leicestershire Financial Advisers: More Leicestershire financial advisers: Wigston, Oadby, Earl Shilton, Leicester, Hinckley, Loughborough, Coalville, Melton Mowbray, Shepshed and Market Harborough.
Independent financial advisers in LE1 area, phone code 0116.
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