In the U.K. all Financial Advisers must be authorised by the Financial Conduct Authority (FCA). The FCA is an overseeing body, set up to ensure all financial services are practiced with integrity, but what does the FCA actually do to ensure such a standard? This article aims to explain the basics.
Aviva is to start giving face-to-face advice again three years after it disbanded its 120-strong team of advisers. But, is this a welcome move which will genuinely help investors, or just a cynical ploy to push their own products regardless of consumer needs? In the third blog of our series on getting the right advice, Independent Financial Adviser, Torphin Financial Planning, explains the ins and outs of this change in tack from Aviva to help you decide what’s best for you.
Financial advice is disappearing from the high street as bank branches continue to close due to the rise in online banking. Sitting down with the local bank manager and discussing savings, pensions and investment bonds is now a thing of the past. But, is this really such a bad thing? Grant MacDonald from Torphin Financial Planning explains why it may not be, and offers alternatives on where to the get the best financial advice.
Do you wish you could go back to the days when you could get financial advice from your local bank manager? Someone you could really trust to give you the right investment advice to suit your needs? Grant MacDonald from Midlothian-based IFA, Torphin Financial Planning, explains what’s happening in the banking world, how it may affect the advice you get as a loyal bank customer and more importantly, what your alternatives are.