It may be that you already have an established investment philosophy which you can advise your IFA of.
If not, you need to work with your IFA to establish what that investment philosophy should be....
To keep it simple, use fee only advisers. They will charge a % of assets invested for services or an hourly rate which is all agreed in advance.
You need to know all your costs. These include your ...
Research an IFA by exploring their fees, qualifications, references, investment approach, and their attitude to risk.
Always check that your adviser has the appropriate qualifications and experienc...
Asset allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio's assets according to an individual's goals, risk tolerance, and investment horizon.
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A benchmark is a standard against which the performance of an investment plan can be measured. It should be set in line with your financial goals and your attitude to risk rather than tracking an inde...
The answer to both of these must be yes.
If they are independent, they will be unbiased towards any investment fund, bank or mortgage provider and only offer you solutions that meet your requiremen...
Financial planning is a multi-step process that provides you with two important things:
An in-depth review of your current position.
A roadmap that shows you how to reach your goals and object...
