In the modern world we all encounter financial products such as mortgages, pensions, life policies and investments. Most of us are not taught at school about such things and the only way to learn is through experience. There are TV programmes which dip into it, and of course the internet. But these give us fragmented information which is often confusing. Then, we have time pressure. Many of us have busy lives with little spare time. Do we want to spend our weekends sorting through paperwork? Probably not! No wonder we don’t get round to sorting things out.
What can Talk Money do to help? As an independent adviser (IFA) I would take information about any plans you already have, this could be mortgages, investments, pensions, loans or other plans or policies. If you prefer, to make things easier I can also get information directly from the providers. I would make sense of where you stand and where your products fit into your life and future plans. I would look at each part individually and make sure you are with are with the appropriate provider, that your policy remains competitive and that you are making the most of what you have, both now and in the future. Our systems are designed to record policies from all providers allowing you to see everything at a glance, in order, and in one place. This helps to make sense of your finances and gives you understanding of what you have, and where you are going.
Keeping things simple In the world of finance it is easy to overcomplicate things. The industry is full of jargon and many people I see don’t understand what they have. My philosophy is to keep things simple, structure them in the right way and move forward in the best way possible.
Don’t wait until your life changes Many people wait until a life changing time to see an IFA, for example when they want to move house or are about to retire. I would happily see you at these times, but often it is wise to make a review when changes are not occurring just to make sure you are on the right track. It can make a huge difference over a lifetime.
What to do If you would like a simple, independent review of your finances, please give me a call. I am offering a free initial consultation to Absolute readers. Please call me Claire Cook on 01273 224667. I would be happy to help.
Talk Money is a trading style of Best Practice IFA Group Ltd which is authorised and regulated by the Financial Conduct Authority. The value of investments can fall as well as rise and you may not get back the amount invested. Your home may be repossessed if you do not keep up repayments on your mortgage.