Getting help with your finances

How to get independent financial advice

Working out how best to invest your money or save for your retirement can be very confusing. Independent financial advisers (IFAs) can help you understand and select the right product. IFAs can normally help you buy pensions, investments, life insurance, income protection and mortgages.

It’s best to pay a fee for independent financial advice as it means the adviser won’t be tempted to recommend a product that would give them the highest commission rather than the best product for you.

From January 2013, financial advisers won’t be allowed 
to take commissions for selling products and will charge 
a fee instead. You can find a local independent financial 
adviser by visiting Unbiased at unbiased.co.uk,
The Personal Finance Society on 020 8530 0852 or
findanadviser.or

From January 2013, financial advisers won’t be allowed to take commissions for selling products and will charge a fee instead. You can find a local independent financial adviser by visiting Unbiased at unbiased.co.uk,The Personal Finance Society on  020 8530 0852 or findanadviser.org

Other places to get financial help

The Money Advice Service has an online financial health-check tool to check how your finances are doing. Go to moneyadviceservice.org.uk to find out more.

The site also has a budgeting tool to help you work out how much money you have coming in each month and how much you spend on bills, debts, housing and food.

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