Get an overview of your current financial situation
In most cases clients seek the advice of an IFA when they have a specific financial problem that they need to resolve. If the IFA can do that to the client’s satisfaction that is fine – job done!
However, it is far from being uncommon that although people think that they are in control of their finances, in reality it is an illusion!
Unless you are either very poor or extremely wealthy, chances are that there are several areas of your finances which are wasting you significant amounts of money every day, without you even knowing it.
Apart from the obvious insurances which are often overpriced, chances are that many of your other major financial commitments: investments, pension plans, saving plans etc. have been arranged via your bank or building society and your occupational pension (if you have one) via your employer.
In all cases you have been “advised” by people who only have a very limited range of “products” to offer, and their livelihoods depend on their sales, NOT on giving you advice! So, chances are that you could get significantly better deals elsewhere, but it is a jungle out there.
The value of investments can go down as well as up and you may not get back as much as you put in.
Tax planning is not regulated by the Financial Conduct Authority
Norwich Financial Advice
"Chaos is the law of nature; Order is the dream of man.”
However, quality IFA firms, such as Norwich Financial Advice, do have extensive knowledge of the financial market, as well as strong search engines and agency contacts to a very wide range of financial providers (throughout the whole of the market) and can, in many cases, find you much better options that will most likely save you money and perhaps also suit your needs better.
Remember, in a highly complex world, it is essential to find the right combination of many variables in order to survive and prosper!
Financial Advice Limited is authorised and regulated by the
Financial Conduct Authority.
FCA Registration No: 706645.
Norwich Financial Advice Ltd. is registered in England and Wales; Company No. 8533929.
Registered office: 74 Muriel Road, Norwich NR2 3NZ, Norfolk, England.