Free Advice Online

Credit Cards today are the bane of people’s lives. The number of individuals paying large proportions of their daily income into the bottomless pit that is their credit card increases daily. With the interest rates being mostly significantly in excess of 20% what was once a convenient source of short term credit becomes a long [...]

Maxi Stocks and Shares ISA is a tax-efficient investment which allows you to invest up to £7000 in any tax year. I have used my full annual ISA allowances for the last seven years as a result of great advice from my IFA. By doing this I have created a portfolio of £100.000. I invest [...]

I have recently inherited £2 million and have decided to invest half of this money. I am an ethical investor and would only invest in either ethical companies or companies with ethical stands. My Financial Advisor has created for me a very nice portfolio of ethical funds, which would be invested in an off-shore portfolio [...]

Sometimes I feel that my Independent Financial Adviser is actually my big brother. This is because he calls me up an emails me every three months to make sure that I am happy with all of my financial arrangements including savings, pensions, mortgages and investments. Almost every time I think of a financial issue I [...]

I have recently graduated form my University and started working full time. Shortly after, I went to see an IFA, who had been recommended to me by my family. After I asked him -“when should I start saving”; his response was –“as soon as you start working”. Having established my regular monthly affordability, we have [...]

Many people say that their pension is useless and hasn’t done well. This is likely to be for one of two reasons. Either the costs and charges of running that pension are too high or the fund performance is not very good. There is no excuse for this happening as you can do something about [...]

I have just consulted my IFA to give me some idea in response to my question and to point me in the right direction. The objective of our meeting was to establish my affordability. Although the answer to “how much should I save” is different for everyone, there are some guide-lines to help with this [...]

A common mistake made in buying life insurance is in not buying a policy that is fit to purpose. In effect many people find themselves insured for most of their lifetime for an inappropriate amount of money. This makes people pay too much for the insurance that they need to have their estate paid more [...]

There is a lot of difference in opinion associated with investing into hedge funds. Most Financial Advisors and the regulatory bodies have a stance that hedge funds are very high-risk and volatile investments and a significant level of caution should be exercised when recommending these. On the other hand, most fund managers and especially hedge [...]

More and more insurance companies, fund managers, investment banks and retail banks are offering a certain kind of structured products. This ranges from guaranteed products to various company index performance- related plans with a varying level of risk. Quite a few companies even offer the choice of three or four different products. Although most of [...]