Help? - Frequently Asked Questions and Answers What is Our Process? How do Advisors Differ?

What is Our Process?

• To collate and analyse your financial situation via a "Financial Planning Questionnaire"
• Ask you to prioritise your financial objectives
• Ascertain your attitudes to investment risk and other issues
• Make specific recommendations on all areas of your financial affairs
• Implement your requests

How do Advisers Differ?

Direct / Tied Agents - Banks, Building Societies, & Life Companies: -

• Commission only, might try to sell you a product to justify the time you spend with them;
• Salaried; if policies are not sold regularly then the adviser might find their position in jeopardy;
• Are bound by company policy or product sales.
• Limited product ranges, they can only advise on their own companies product ranges. These could be poor when compared with the whole marketplace or they might not offer the product that most suits your circumstances.

Independent Financial Advisers (IFAs) / Brokers: -

• Advice available on the whole market place;
• Some are commission only and might try to sell you a commission based product to justify the time they spend with you;
• Salaried; if the adviser doesn't charge fees for his time and commission based policies are not sold regularly, the adviser might find his position in jeopardy;
• Independence means that individuals do not work with just one product provider, it does not necessarily make them impartial.

Fee-Based Impartial Advice offered by Impartial (UK) Ltd: -

• Advice available on the whole market place;
• We have and will continue if appropriate to recommended clients buy
  commission free products;
• We spend all our efforts advising on financial issues. We do not dilute our effectiveness by advising on car, house, contents and commercial insurance;
• Advice is offered on important issues that don't relate to commission based financial products. A salesman may lack the motivation to talk about wills, trusts, zeros, and ordinary repayment mortgages, for example.
• A commission charging structure will be imposed in certain instances.