Banking Advice

 

Bank photoBank photo

Fixed fee per service: These fees are charged each time you go to the adviser for different ‘projects’, such as consolidating your pensions, or investing. These are best for people that don’t want ongoing advice and just need help with a specific job.

HSBC Premier Financial Advice Service is provided by HSBC Bank plc. We have chosen to offer restricted advice. This means we don’t recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC. Your adviser will discuss the types of products and services we provide advice on. They will also explain those areas in which we don’t such as specific tax advice.

Things you should know We charge for our service – our fees vary depending on your individual needs. Your adviser will clearly explain our fees upfront and the type of advice we offer in your no-obligation discussion. HSBC Premier Financial Advice Service is provided by HSBC Bank plc. We have chosen to offer restricted advice. This means we don’t recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC. Your adviser will discuss the types of products and services we provide advice on. They will also explain those areas in which we don’t such as specific tax advice. The value of investments, and any income from them, can fall as well as rise and you may not get back what you invested. For some investments this can happen as a result of exchange rate fluctuations, as shares and funds may have an exposure to overseas markets. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in established markets. We recommend that you should regard stock market investments as medium to long term commitments (by which we mean that you should be prepared to hold them for a period of not less than 5 years). Our HSBC Premier Stand-alone Protection Advice service provides Premier customers the option to discuss only their protection needs with a Premier Relationship Manager. For Protection only advice there will be no advice fee. If you wish to proceed, the provider will pay HSBC Bank commission. This Advice service does not include protection as part of an estate planning/IHT need; you must complete a full financial review. Our adviser will assess your protection needs and recommend products from a limited number of carefully selected companies, including HSBC. However if you have wider financial planning requirements you will need a full financial review and we can arrange this with your Premier relationship Mangers. If after your initial discussion you are happy to proceed, a second meeting will be booked in a branch of your choice with an adviser who will then assess your current circumstances and protection needs so we can tailor our recommendations to reflect your individual needs.

Protection insurance: Life insurance, critical illness, and income protection can all be complex products, with many exclusions. In some events, it can be done cheaply without an adviser, but those with less than straightforward family arrangements or health issues, will find help useful.

Annual General Meeting As a mutual organisation, we really care about what our customers think. Our Annual General Meeting (AGM)  is an opportunity for customers who are eligible members to have their say on how the Society is run, and to help shape the future of our organisation.

All advisers can still accept commission from providers for life, critical illness and income protection insurance policies, and mortgage broking. Here, advisers take a cut every month that the product is held. This may seem free to you, but your money still pays them, just over a longer period instead of upfront – and it often adds up to a much higher cost.

Old Mutual Wealth doesn’t offer investment advice – instead we work with financial advisers who can help you decide which investment products are most suited to you. We believe that the best way to achieve your goals is by establishing a long-term relationship between you, your adviser and us. Working together, we can each play a role in your investment planning. Click on the links to the left of the screen to read about choosing a financial adviser and how using an adviser works.

We may monitor and record phone calls to ensure we have carried out your instructions correctly, to help us improve our service, to enable us to resolve complaints, and to help investigate or prevent fraud or other crimes. Any recordings we make are the property of Saffron Building Society. Bank photo

Legal and Financial Advice Clinic The School of Law, Accounting and Finance has a long-standing commitment to enhancing employability for our graduates, demonstrated for example by our second and third year LLB modules Reflections on Legal Advice Work which develops students’ practical skills, their understanding of the principles of client care and provides an opportunity to reflect on the current problems facing local communities. The modules won the University’s prestigious Excellence in Learning and Teaching Award.To increase our students’ opportunities for legal pro-bono work, we have set up the Legal and Financial Advice Clinic.  The Clinic is a free community-based face-to-face advice service staffed by trained Student Clinic Volunteers working under the supervision of practising solicitors and barristers.How does the Legal Advice Clinic work?We run free public appointments where Students (with qualified legal supervision) interview and assess clients, and then draw up legal advice in several legal areas such as employment, housing, debt, family and contract matters. We may also be able to assist in other areas of law utilising our links with local firms such as Capital Law, Harding Evans and Howells who also provide free legal advice and support to the clinic. The Clinic provides a valuable community service and is an excellent training ground for the students and allows them to develop transferable skills to enhance their employability and gain experience of how the law actually impacts on the lives of real people. They also get to network with legal professionals so that they can enhance their skills in the legal arena. Often clients do not arrive at the Clinic with a clearly identified legal problem and the students learn to assist clients in translating their concerns into legally recognisable categories and provide concise explanations of legal concepts and processes which can be entirely new to people.Students can now take part in the clinic as a formal module for their undergraduate studies or they can volunteer in order to develop their skills.  As well as initial and on-the-job training and supervision, the students will also receive ongoing instruction in matters such as ethics, office management and case handling systems. Information for clientsInterviews are on an appointments basis only. Appointments can be made for any time between 10.00 and 16.00, Monday to Friday. If you are a client seeking legal advice, please make an appointment to see us. The Clinic is an appointment based service only and we do not give legal advice by phone or email.Further informationIf you are a current or potential student, or a representative of a local legal firm and would like more information about the Legal and Financial Advice Clinic, please email [email protected] The importance of this clinic is not to be underestimated.  Not only is it an important facility for the community to provide access to legal advice where legal aid is no longer available but it is an excellent opportunity for the students to gain the practical skills that are required and highly sought after if they are seeking a career within the highly competitive legal profession. Craig Court, Harding Evans

What our clients say* A first class face-to-face service with a truly professional financial adviser providing an excellent service which I hope to use for many years to come. We have been very impressed with the advisers breadth of knowledge, professional attitude and attentive customer service. *Testimonials from Prudential customers, collated between April and May 2016.

I’ve been very, very, very pleased with the results from Hargreaves Lansdown. My adviser consolidated my SIPPs and now, 18 months in and having drawn a pension for that time, the funds are around £100,000 more than when I put them in. I’ve since brought in other investments, partly because of the poor interest rates on cash.

Finding the right fit To help you identify the level of investment risk you’re comfortable with, we’ve developed our most advanced risk profiling tool yet. Using dynamic visuals, the tool accurately assesses your approach to risk and also helps you understand exactly what that approach means for you – putting you in control of your investment decisions.

However, if they told you that you couldn’t lose money with a product, and you did, then you were mis-advised. In a nutshell, for investments you’re complaining about the way you were sold, not the performance of a product.

If a financial adviser can’t find a product to suit your needs, they must refer you to another adviser who can help you. If they don’t do this, you may be able to complain.

Web chat Sorry, web chat is only available on internet browsers with JavaScript. Got a question? Our advisers will point you in the right direction. Unavailable Monday to Friday, 8am to 8pm Saturday, 9am to 1pm Sunday and Bank Holidays, closed Call us Give us a call for free and impartial money advice. 0800 138 7777 * Monday to Friday, 8am to 8pm Saturday, 9am to 1pm * Calls are free. Follow us Get up-to-date money advice from Twitter, Facebook and YouTube. Twitter Facebook YouTube For more ways to get in touch, go to our contact us page.

Unbiased.co.uk – Has a network of 26,000 advisers (both independent and restricted whole-of-market advisers). Just enter your postcode and it will list your local advisers. It also allows you to search by speciality, gender, payment options, advice areas, level of wealth and adviser qualifications, so you can find the best adviser. Or you can use their online form to find recommended advisers depending on the advice area and value involved. The site does a weekly check to verify all advisers are registered with the regulator, the Financial Conduct Authority (FCA).

This will depend on whether you pay an hourly fee, a flat fee or a ‘commission-style’ fee. Often the initial meeting or conversation with a financial adviser where they find out what sort of products you need is free, but check just in case you get landed with a bill.

Mortgages and equity release: Another huge financial transaction, so advice is a boon. Remember you’ll get an adviser, not an instructor. So the most important thing is always to make sure you at least know the basics beforehand. Please read our free guides to First-time Buyers or Remortgaging. More on mortgages and equity release.

The UK has one of the most advanced financial services markets in the world. This is great for you as the consumer as this means there is a huge range of financial solutions for you to select; from investments, pensions, protection plans and much more.

Everyone has a different reason to save, whether it’s buying a car, improving your home or getting married. You might just need a place to put your spare cash where you know it’s safe and earning interest. We have a wide range of savings accounts, from instant access to fixed term accounts so there’s bound to be one to suit you.

Some individuals and organisations – often advice charities – offer financial guidance. This is different to financial advice. Guidance provides you with information about the various options available to you, but should not recommend any particular option over another. Financial advice, however, informs you which specific product would best suit your needs.

Should you still feel that you need financial advice, in other words, someone to tell you what to do, then you should find a financial adviser. It’s important to remember that financial advice isn’t free. The adviser you choose should clearly explain how much they will charge and how these fees will be met. Do make sure that you’re clear about this before proceeding.

However, if you’re planning investments for future events (eg, funding university fees – though see our guide on why you shouldn’t pay uni fees upfront), it can be very complex and an adviser could be very useful. Always pick an advisers who specialise in investing.

Our report and recommendations We’ll then create a bespoke financial plan outlining our recommendations, including strategies and solutions that will help you build the future you want. Your adviser will then arrange a meeting to discuss their recommendations. They will talk you through the financial planning report and explain the total costs involved for advice and any product related charges, and also answer any questions you may have before implementing any recommendations with which you wish to proceed.

Giving you confidence Our site is packed with information on how to manage your money and get the most from advice. Get tips green-arrow Pensions and retirement Whether you’re ready to retire or just starting your first job, there’s a lot you need to know about pensions. Get tips green-arrow Savings and Investments Want to make your money work harder? Explore the different kinds of saving and investing and how to use them. Get tips green-arrow Homes and property From climbing onto the property ladder to downsizing in retirement, we have all you need to know about mortgages. Get tips green-arrow Insurance and protection One of the most crucial yet overlooked areas of financial planning. Find out how to protect yourself and your family. Get tips green-arrow Tax planning Most of us pay more tax than we need to. Find out how advice can help you reduce your tax bill legitimately. Get tips green-arrow Financial planning Find out how an adviser can help you work towards key life goals by building a financial plan to support them. Get tips green-arrow Value of advice The big question: what can advice do for you? Find out how many benefits there are. See all tips bubble 56

We have chosen to offer restricted advice. This means we don’t recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC.

Having been a client of FAS for over 20 years, I have successfully developed numerous business interests during this time. Now acting as a consultant to business owners, I insist on the involvement of FAS as advisers to companies, employers and employees in all aspects of financial planning. The technical expertise, professionalism and level of service you will receive from FAS is exceptional and in my opinion, is unrivalled

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice from our Financial Advisers.

For example, if you have a lump sum you want to save, someone giving guidance would tell you what your saving options are in broad terms. They may tell you about the pros and cons of regular savings accounts, ISAs and investments. They won’t tell you about specific products offered by named companies or what option might suit you best. A financial adviser would look at specific savings accounts, investments and ISAs offered by various companies and recommend a specific one that best suits your personal circumstances.

The first meeting with an adviser is two-fold. They’ll want to find out about you and your needs, and also explain to you what services they can give you. They should give you something called a ‘key-facts document’, this will outline any fees and what sort of relationship you should expect to get from them. If you’re happy to use their services the adviser will carry out a ‘fact-find’. This provides advisers with information about your finances, goals and attitude to risk. Here they’ll look at your situation now – what savings do you have, do you have any debt, etc. They’ll think about the future – how much money will you have coming in, what your attitude to risk is. Once they’ve built up a picture of you, they’ll be able to better assess what products are suitable.

We are the UK’s number one online financial advice website, providing you with help and information on a wide range of financial topics. At financialAdvice.co.uk we have a diverse team of fully qualified financial advisers who can offer free answers to your personal finance questions within 60 minutes*. From pensions, mortgages and insurance questions to debt advice, we have provided honest and practical help for thousands of customers as well as providing access to an extensive range of financial products and services. So we’re sure we can help you!

For years, IFAs were paid in one of two ways – either by fees (you paid upfront) or commission (they took an ongoing cut, which varied per product). By law they were required to give you the option of either.

Following your initial consultation, you’ll have the opportunity to provide feedback on your experience. If you weren’t 100% satisfied with your advisor, we’ll find you another one.

Financial peace of mind – make it happen! Time to sort out your money but unsure where to start? Or perhaps you never have time. Yet the sooner you take action, the more likely you are to secure your and your family’s financial future. Yes, financial issues can be daunting. For example, do you know:  how you and your family would pay your bills if you fell ill, were made redundant, or worse? if your pension will give you enough income when you retire? whether you could boost your pension provision so as to get more income when you retire? your options for taking your pension and securing the income you need? how you could build up a nest-egg tax-efficiently for yourself, your children or grandchildren? how you would find the money to pay for long-term care? whether you could pass on more of your wealth to your loved ones? Lighthouse Financial Advice can advise you on these and other issues. The advice is specific to you and could improve your financial situation. Complimentary initial consultation Members of Unite are entitled to a complimentary, no obligation consultation with a Lighthouse Financial Advice professional financial adviser. They can meet you at home, at work, or elsewhere. They will explain how you could benefit from advice and how much it will cost. You can then decide whether to go ahead. There are over 200 advisers all over the UK, so there’s bound to be one near you. Call 08000 85 85 90, email [email protected] and book your appointment now. Lighthouse Financial Advice Limited is an appointed representative of Lighthouse Advisory Services Limited, which is authorised and regulated by the Financial Conduct Authority.

The adviser also needs to have an annual Statement of Professional Standing (SPS), issued by an FCA-accredited body. This will attest to their qualifications and their accreditation on the FCA’s register. This should be displayed in their office – if not, ask to see it.

I’ve been very, very, very pleased with the results from Hargreaves Lansdown. My adviser consolidated my SIPPs and now, 18 months in and having drawn a pension for that time, the funds are around £100,000 more than when I put them in. I’ve since brought in other investments, partly because of the poor interest rates on cash. Hargreaves Lansdown has some tremendous systems, so I’m kept right up to date. Elsewhere it was very much dependent on the man but at Hargreaves Lansdown I feel that should my adviser move on – which he assures me he’s not planning to – the systems are there to back him up.

Your Money – Has a network of 22,000 advisers. Be careful, though, because this doesn’t just list IFAs; check they’re independent first. Start by going to three and see who you get on well with, as this is an important consideration.

If you’re keen to get (or keep) your finances in shape it can be extremely worthwhile seeking some professional advice. A financial adviser can help you to clarify your needs and priorities, assess the suitability of any existing investments you have and help you make a plan to meet your short-term and long-term goals. They can also help you avoid potential financial pitfalls like paying too much tax, taking too many risks with your investments or running out of money in retirement.

We are proud to be celebrating 25 years as a leading Chartered firm of Independent Financial Advisers. A clear, ethical, unbiased approach to holistic financial planning that is recognised and endorsed by fellow professionals across Kent. Personal service matched by technical expertise and experience. Our ethos is about being a company you can trust and depend on. Taking the time to listen and get to know clients, we offer a bespoke service that is highly regarded by clients and business owners in the South East. Friendly, professional and technical, our team of experienced Advisers offer tailored solutions to the most complex of cases. Reliable, reputable and truly independent, we build client relationships that stand the test of time.

How we can help you Planning your retirement A wonderful and happy retirement won’t just happen. How you prepare will go a long way to determining your future lifestyle – and we can help you to make suitable plans. Inheritance tax planning Every year, thousands of people leave behind an inheritance tax bill. With our advice, you might not be one of them. Investing your money We offer specialist advice on investing, suitable for experienced investors or beginners.

If you find a restricted adviser, check what their restriction is. Some are called restricted because they have, for example, chosen to specialise in certain areas such as pensions and won’t offer advise on anything else. Bank photo

Experts in you As a global bank, we understand that everyone’s different. That’s why we place great importance on understanding you and your needs. By identifying your personal hopes and dreams, we can start helping you build the future you want. Whatever that may be. We realise the importance of making the right financial decisions and the impact they can have on your future plans. That’s why our advisers go to great lengths to understand you and your goals, offering you holistic advice. What we mean by this is that we assess your needs across all of the following five areas: protecting you and your family saving for your children’s future and education planning for your retirement managing and growing your wealth passing on your wealth Finding the right fit To help you identify the level of investment risk you’re comfortable with, we’ve developed our most advanced risk profiling tool yet. Using dynamic visuals, the tool accurately assesses your approach to risk and also helps you understand exactly what that approach means for you – putting you in control of your investment decisions. A new world of advice We have chosen to offer restricted advice. This means we don’t recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC. Your adviser will discuss the types of products and services we provide advice on. They will also explain those areas in which we don’t such as specific tax advice. All of our advisers meet high standards of qualification and have signed up to an ethical code to treat customers fairly. They will clearly explain our advice fees upfront and will be happy to answer any questions you may have. Who is eligible? HSBC Premier Financial Advice Service is only available to UK residents who have £50,000 or more in savings and investments and who are at least 18 years old. You’ll also need an HSBC or First Direct current account or savings account* for us to be able to deduct your fee. * Excluding HSBC Online Bonus Saver, HSBC Online Saver, any HSBC or First Direct Cash ISA, First Direct E- Savings or First Direct Everyday Saver. If you don’t qualify for HSBC Premier Financial Advice Service, or if you’d prefer not to pay for advice, see our self-directed investment options. If you are not a UK resident, please refer to our HSBC Expat service.

You’ll usually pay an initial percentage charge for becoming a client and investing your money, then an ongoing percentage charge for each year that they continue to manage your money. This percentage can range anywhere from 0.5% to 5%, so make sure you ask.

*1 The Report and Implementation Fee is inclusive of VAT where applicable. VAT is applicable if you invest into a discretionary investment management service. Should you choose to proceed with any Protection Product recommendations we may, in addition to the fees payable by you, receive commission from the insurance company providing the Protection Product. The amount of commission will be set out in the insurance company’s Key Features Document which you will be given. However, you may ask for this information earlier if you wish.

Savings Everyone has a different reason to save, whether it’s buying a car, improving your home or getting married. You might just need a place to put your spare cash where you know it’s safe and earning interest. We have a wide range of savings accounts, from instant access to fixed term accounts so there’s bound to be one to suit you.

If you’re interested in seeking financial advice from HSBC, this is what you can expect from us: Your no-obligation discussion Your adviser will discuss your goals and circumstances and whether you might benefit from financial advice. They will also explain our Advice fees. Your financial planning review If you decide the service is right for you we’ll then begin an in-depth assessment of your current circumstances and future goals. We’ll assess your needs in 5 key areas; protecting you and your family, your children’s future and education, managing and growing your wealth, retirement planning and passing on your wealth. Using our sophisticated risk profiling tool, we’ll help you identify your investment risk tolerance so we can tailor our recommendations to reflect your individual needs. If you agree to the Advice Fee we will then proceed to creating your bespoke financial planning report. Our report and recommendations We’ll then create a bespoke financial plan outlining our recommendations, including strategies and solutions that will help you build the future you want. Your adviser will then arrange a meeting to discuss their recommendations. They will talk you through the financial planning report and explain the total costs involved for advice and any product related charges, and also answer any questions you may have before implementing any recommendations with which you wish to proceed.

Yes, you will need an HSBC current account or savings account for us to be able to deduct your fee, should you decide to proceed with advice. We can also accept payment from First Direct current and savings accounts. We charge for our advice service – our fees vary to reflect your individual needs. All our fees will be made clear upfront. That way you know what to expect from the outset.

Your home is as unique as you are which is why our mortgage lending service is personal, flexible and built around your needs. We’ve been helping people buy their homes for over 160 years, so if you are moving home or looking to remortgage, then speak to one of our experts.

Since 31 December 2012, advisers who are not able to search the whole market, or are tied to certain providers, must class themselves as ‘restricted advisers’. If you find a restricted adviser, check what their restriction is. Some are called restricted because they have, for example, chosen to specialise in certain areas such as pensions and won’t offer advise on anything else. However, other restricted advisers are tied to certain providers and will only be able to offer you products from those providers, or none at all if there are no products they can advise on that match what you want. Always check if the adviser you are consulting meets your needs. If in doubt, always, always look for an independent adviser.

About our services Some of our services, such as our benevolent fund and death benefit scheme, are provided by Prospect itself. Others are delivered by third parties on Prospect’s behalf. While we cannot guarantee that they will always represent the best buy for all members, the union scrutinises products, prices and the quality of service delivered. Prospect earns an income from members’ use of some of the services, which is used to finance the union’s benevolent fund and donations to external good causes.

What can you expect? An assessment of your financial position Our advisers will take the time to understand your personal circumstances, goals and levels of risk you are willing to take. A personal plan We will provide recommendations that are suitable for you, to help you meet your long-term goals. This will be in the form of a written report. A regular review of your finances, if you choose Our low-cost review service can ensure your plans to stay on track to meet your goals. How much does advice cost? Typically advice won’t cost more than 1% (+ VAT where applicable) of the portfolio under consideration. When markets can move by more than 1% in a single day, many investors find this is a small price to pay for peace of mind. Find out more about our costs. Get started with a free initial consultation Some people are unsure if they could benefit from one-to-one advice. We offer a free initial consultation, giving you time to discuss your investment needs to see if our service is right for you.

Do I need to have an account with HSBC to be able to invest? Yes, you will need an HSBC current account or savings account for us to be able to deduct your fee, should you decide to proceed with advice. We can also accept payment from First Direct current and savings accounts. We charge for our advice service – our fees vary to reflect your individual needs. All our fees will be made clear upfront. That way you know what to expect from the outset. To apply for our Global Investment Centre you can apply on line or by telephone, and to buy funds via our Global Investment Centre you need to have an HSBC current or savings account. You need an HSBC current account to apply for an InvestDirect or InvestDirect Plus account and you can apply for a current account online or by telephone.

Hourly charge: Some advisers are moving more to a model which resembles solicitors or accountants and charging on an hourly basis. If you choose to go down this route, make sure you’re given a full breakdown of the work they’ve done and how long it took. Hourly charges can be anything from between

Retirement is almost upon you and there are some big decisions to make – many of which will be permanent. So it’s vital that you take the time to think through your choices: when to retire, your pension options, your tax position and how to maximise your retirement income.

Planning your retirement A wonderful and happy retirement won’t just happen. How you prepare will go a long way to determining your future lifestyle – and we can help you to make suitable plans. Inheritance tax planning Every year, thousands of people leave behind an inheritance tax bill. With our advice, you might not be one of them. Investing your money We offer specialist advice on investing, suitable for experienced investors or beginners.

Our free service connects you to a carefully selected, fully accredited IFA in your area. Using the details you provide, we’ll search our network and match you to an experienced IFA in your area. Your advisor will contact you within 24 hours to discuss your needs in more detail and book your free, no obligation initial consultation. We’ll provide a free downloadable guide including important questions to ask and a pre-consultation checklist. Following your initial consultation, you’ll have the opportunity to provide feedback on your experience. If you weren’t 100% satisfied with your advisor, we’ll find you another one. Learn more

Email us [email protected] Existing customers: please note for security reasons, we cannot include personal account information in email responses, so if your question is account specific, please call us. Contact us online General enquiries Let us call you Website feedback Bank photo

What can we help with? Our Financial Advisers help thousands of clients each year to make the right investment decisions to meet their financial objectives. Advice is usually invaluable as the personal recommendations made are based on your circumstances and financial goals. Updating your investments and restructuring your portfolio often saves time, effort and provides peace of mind. Retirement planning Decisions made at retirement are often irrevocable, help from a financial expert can prove invaluable. Expert help with your retirement Lump sum investment Make well advised investment decisions with your money and ensure its best placed to meet your financial goals. Make the most of your money Estate planning Reduce, or eliminate altogether, any tax liability your loved ones may have to face. Look after your loved ones Restructuring your portfolio Ensure your portfolio is right for you. An adviser can help restructure your investments to meet your objectives. Meet your objectives better Investment management Benefit from professional portfolio management and the peace of mind it can provide. Let us do the work for you Pension consolidation Pension planning advice may be valuable if you have numerous and complicated pensions, with differing benefits. Plan your pensions What can you expect? An assessment of your financial position Our advisers will take the time to understand your personal circumstances, goals and levels of risk you are willing to take. A personal plan We will provide recommendations that are suitable for you, to help you meet your long-term goals. This will be in the form of a written report. A regular review of your finances, if you choose Our low-cost review service can ensure your plans to stay on track to meet your goals. How much does advice cost? Typically advice won’t cost more than 1% (+ VAT where applicable) of the portfolio under consideration. When markets can move by more than 1% in a single day, many investors find this is a small price to pay for peace of mind. Find out more about our costs. Get started with a free initial consultation Some people are unsure if they could benefit from one-to-one advice. We offer a free initial consultation, giving you time to discuss your investment needs to see if our service is right for you. Book your free consultation Have a question? 0117 317 1690 View opening times Email us Free guide to Financial Advice Find out about our range of advisory services and the costs involved. Download your free guide

From the Knowledge Centre The rise of financial scams With financial scams on the increase, we want to make sure you’re fully informed on the matter. Our downloadable guide provides all the information you need to protect yourself from fraudsters. What is a pension? Five things you need to know Many of us pay into at least one, but very few of us would choose “what is a pension?” to be our specialist topic on Mastermind. Here are five things you need to know about pensions. Annual General Meeting As a mutual organisation, we really care about what our customers think. Our Annual General Meeting (AGM)  is an opportunity for customers who are eligible members to have their say on how the Society is run, and to help shape the future of our organisation. Go to the Knowledge Centre

But unless you get an IFA who specialises in mortgages (check their qualifications), you’re often better off going to a specialist mortgage broker, who can search the whole market for you. Many mortgage brokers don’t charge a fee. For more information on how to find a mortgage broker, read Cheap Mortgage Finding.

Ongoing Advice ServiceIn addition to our range of investment products, we can offer ongoing help and support. You can choose to receive our Ongoing Advice Service which allows you access to talk to your adviser and review your investments as often as you like, giving peace of mind that your plans are always up to date with your circumstances. If you are an existing investor or would like more information about the ongoing support and charges for this service you can find it here.

Useful links Choosing a financial adviser Checklist – preparing for retirement Options for using your pension pot Our promise to you Free and impartial money advice, set up by government. We don’t receive any incentive or commission. We will not contact you or share your details. Retirement income options Explore the key considerations as you approach retirement, compare options, and get guidance on the next steps. Understand and compare retirement income options

The value of investments, and any income received from them, can fall as well as rise and you may not get back what you invested. For some investments this can happen as a result of exchange rate fluctuations, as shares and funds may have an exposure to overseas markets. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in established markets. We recommend that you should regard stock market investments as medium to long term commitments (by which we mean that you should be prepared to hold them for a period of not less than 5 years).

We think it’s important you understand the strengths and limitations of the site. We’re a journalistic website and aim to provide the best MoneySaving guides, tips, tools and techniques, but can’t guarantee to be perfect, so do note you use the information at your own risk and we can’t accept liability if things go wrong.

Little things done now can make a huge difference later on, so the earlier you start planning for the future the better off you’ll be. We’ll show you how to avoid working years longer than your senior colleagues, and other tips to assist you with organizing your finances.

Finding an advisor Our free service connects you to a carefully selected, fully accredited IFA in your area. Using the details you provide, we’ll search our network and match you to an experienced IFA in your area. Your advisor will contact you within 24 hours to discuss your needs in more detail and book your free, no obligation initial consultation. We’ll provide a free downloadable guide including important questions to ask and a pre-consultation checklist. Following your initial consultation, you’ll have the opportunity to provide feedback on your experience. If you weren’t 100% satisfied with your advisor, we’ll find you another one. Learn more

Doing nothing is why many people struggle to make ends meet. Granted, dealing with financial issues can be daunting. For instance, do you know if your pension will give you enough income when you retire? Or whether you could afford to retire early? Or if your savings could be more tax-efficient? Or how you could help your children or grandchildren financially? But these things have to be faced.Bank photo

Financial Advice Financial planning is about establishing your future financial goals and aspirations and working out the best way to achieve them. The UK has one of the most advanced financial services markets in the world. This is great for you as the consumer as this means there is a huge range of financial solutions for you to select; from investments, pensions, protection plans and much more. But not everyone has the time, expertise or confidence to get the best value from these opportunities. For those people independent financial advice can be extremely valuable and worthwhile. Through our relationship with our selected partners we are able to offer access to independent financial advice to help you achieve your financial goals and aspirations. Having gained a thorough understanding of your circumstances and requirements, your adviser will fully consider your situation and provide you with a tailored plan of suitable recommendations to help you move realistically towards your goals. Being independent means your adviser can offer products from the whole of the market and not just the ones from the high street. Your adviser will then meet with you to discuss their recommendations, making sure that they are clearly explained, fully understood and jargon-free, so that you can make informed choices about your future. You can ask as many questions as you like before agreeing to follow any suggestions. Whatever life stage you are at we have experts who can help you with: Suitable means to reach long-term financial goals through appropriate investments Financial security in retirement Protection for your family in the event of death or long term illness Inheritance Tax planning What next? Visit your local branch and talk to your Branch Manager who will be pleased to arrange an appointment with an Independent Financial Adviser. Alternatively, you can contact us on 0800 072 1100. Visit the Financial Conduct Authority to find out how financial advice is changing. Financial Advice Investments Retirement Funeral Planning Estate Planning Will Writing Lasting Power of Attorney Other Services Inheritance Tax Planning

InvestmentsNationwide has a carefully selected range of investment products and funds designed to help meet your individual investment needs, provided through Cofunds and Legal & General. If you have an income or savings of £50,000 per year or more (sole or joint accounts) then investment advice from one of our financial planning managers may be right for you.Ongoing Advice ServiceIn addition to our range of investment products, we can offer ongoing help and support. You can choose to receive our Ongoing Advice Service which allows you access to talk to your adviser and review your investments as often as you like, giving peace of mind that your plans are always up to date with your circumstances. If you are an existing investor or would like more information about the ongoing support and charges for this service you can find it here.ProtectionWe can guide you by offering advice on our range of protection options, provided by Legal & General, to find the one that works best for you.Inheritance tax planningOur Financial Planning Managers can help you to find tax-efficient ways for you to pass on your nest egg to your loved ones.

Everything will be explained clearly, and we will never attempt to push you into making decisions. After all, it’s your money we’re dealing with – and your financial future that matters.

* Lines are open 8am to 6pm, Monday to Friday. To help us continue to improve our service, and in the interest of security, we may monitor and/or record your call.

How much does an IFA cost? The cost of using an IFA can vary depending on your needs. You may be able to resolve your issues in a single consultation, or you may benefit from a more long-term collaboration. At Local Financial Advice we’re dedicated to providing a transparent and cost-effective experience for all customers: Free, no-obligation initial consultation – Discuss your issues in detail and make a decision about whether you’d like to proceed before making any commitment. Total transparency – any costs associated with purchasing any product or service from your IFA will be broken down in detail. Personally tailored quotes – Unlike tied advice services such as banks, building societies and brokers, IFAs will search the whole market for the best-value quotes and services based on your individual needs. Learn more

Take a non-financial example to start with. Imagine you go into a store and tell the shop assistant you’re looking to buy a washing machine that has a tumble dryer combined with it. Then when you take it home and use it you discover there’s no tumble dryer setting on the machine. There’s nothing wrong with the actual washing machine (it still washes your clothes), but it’s not what you wanted it for, so it’s been mis-sold to you.

Time to sort out your money but unsure where to start? Or perhaps you never have time. Yet the sooner you take action, the more likely you are to secure your and your family’s financial future. Yes, financial issues can be daunting. For example, do you know:

The simple answer is no, you don’t have to use a financial adviser. If you’re confident you could for example use fund supermarkets, or other websites for investing, or set up your own pension. However, if you don’t know much about the financial decision you need to make or don’t feel confident, it might be best to get professional advice.

Our Financial Planning Managers can help you with:InvestmentsNationwide has a carefully selected range of investment products and funds designed to help meet your individual investment needs, provided through Cofunds and Legal & General. If you have an income or savings of £50,000 per year or more (sole or joint accounts) then investment advice from one of our financial planning managers may be right for you.Ongoing Advice ServiceIn addition to our range of investment products, we can offer ongoing help and support. You can choose to receive our Ongoing Advice Service which allows you access to talk to your adviser and review your investments as often as you like, giving peace of mind that your plans are always up to date with your circumstances. If you are an existing investor or would like more information about the ongoing support and charges for this service you can find it here.ProtectionWe can guide you by offering advice on our range of protection options, provided by Legal & General, to find the one that works best for you.Inheritance tax planningOur Financial Planning Managers can help you to find tax-efficient ways for you to pass on your nest egg to your loved ones.

Web chat Sorry, web chat is only available on internet browsers with JavaScript. Got a question? Our advisers will point you in the right direction. Unavailable Monday to Friday, 8am to 8pm Saturday, 9am to 1pm Sunday and Bank Holidays, closed

Reasons to take financial advice Financial advisers are regulated so you are protected if things go wrong. They can choose products from a wide range of providers. They can recommend a course of action that is personal to you and help you avoid making expensive mistakes. Our guides, Retirement – why should I get advice?, Key questions to ask your adviser, What to do if things go wrong and Paying for financial advice will tell you more. Reasons to take financial advice Watch this short video showing customers discussing financial advice. (Download the video transcript) Financial advisers are regulated so you are protected if things go wrong. They can choose products from a wide range of providers. They can recommend a course of action that is personal to you and help you avoid making expensive mistakes. Our guides, Retirement – why should I get advice?, Key questions to ask your adviser, What to do if things go wrong and Paying for financial advice will tell you more.

First things first, speak to family and friends and find out if they’ve used an independent financial adviser in your local area. Of course, just because they’ve had a good (or bad) experience with them, it doesn’t mean that you’ll have the same experience, but it’s certainly a good starting point.

As a mutual organisation, we really care about what our customers think. Our Annual General Meeting (AGM)  is an opportunity for customers who are eligible members to have their say on how the Society is run, and to help shape the future of our organisation.

Our aim is to help you, we know that asking a financial question can be difficult but we will support and guide you through your query, in language that is plain, clear and is easy to understand and follow. Remember the more details you can provide on your financial question the more we can help you.

line-enquiry 1 Enter your postcode Tell us what kind of adviser you need, and where. 2 You’ll see a list of advisers Our system lists the nearest 80 advisers who match your search criteria (you can refine this list). 3 You get in touch You can call or email your adviser directly, or request a call back. Search for an adviser Try another route

Restricted advice We have chosen to offer you advice from a range of products from a limited number of carefully selected companies, including HSBC.  We do not recommend products from the whole of market. This is known as Restricted Advice. No-obligation discussion During your initial consultation, at no cost, we’ll discuss your personal economy and whether you could benefit from paying for our advice service. Clear costs Your financial adviser will discuss our charges in your initial no obligation consultation so you understand the costs of advice and what you get in return. In-depth assessment Your financial adviser will spend time with you, considering all aspects of your financial circumstances, and your plans and aspirations for the future. Together you’ll create a bespoke financial plan designed to help you meet your goals. Intelligent risk profiling We use sophisticated risk profiling software and modelling techniques to help you identify the level of investment risk you’re comfortable with. We offer a wide range of funds and products to meet your needs, whatever your attitude to risk is. Global and local expertise Our advisers are supported by a worldwide team of analysts who use powerful local knowledge to hand select products from a wide range of investments.

Get tips green-arrow Pensions and retirement Whether you’re ready to retire or just starting your first job, there’s a lot you need to know about pensions. Get tips green-arrow Savings and Investments Want to make your money work harder? Explore the different kinds of saving and investing and how to use them. Get tips green-arrow Homes and property From climbing onto the property ladder to downsizing in retirement, we have all you need to know about mortgages. Get tips green-arrow Insurance and protection One of the most crucial yet overlooked areas of financial planning. Find out how to protect yourself and your family. Get tips green-arrow Tax planning Most of us pay more tax than we need to. Find out how advice can help you reduce your tax bill legitimately. Get tips green-arrow Financial planning Find out how an adviser can help you work towards key life goals by building a financial plan to support them. Get tips green-arrow Value of advice The big question: what can advice do for you? Find out how many benefits there are. See all tips bubble 56

Advice for you, not someone like you Whether your dream is to retire in style, manage and grow your wealth or provide financial security for the future of your loved ones, with the help of your dedicated Premier Relationship Manager, a qualified financial adviser, you could start to build the future you’ve imagined. Learn how to get the most out of your ISA allowance. You may be eligible for HSBC Premier Financial Advice Service if you have £50,000 or more in savings and investments, are at least 18 years old, UK resident and have an HSBC or First Direct current account or savings account.

The Money Advice Service is a free, independent service. Their website has lots of useful information to help you manage your money including borrowing money, savings and pensions and getting financial advice. Go to:

WE’LL HELP YOU FIND THE RIGHT ADVICE FIND YOUR LOCAL FINANCIAL ADVISER If you don’t have a financial adviser, and you need help or advice on your Old Mutual Wealth products, our online search tool can help you find an adviser in your local area who is registered to do business with Old Mutual Wealth. Just enter your town or postcode below and our search tool will show you a list of nearby advisers who could help. Some of the firms in our search are independent whilst others operate on a restricted basis which may limit the range of products, or product providers, that they can recommend, or limit the scope of the advice they can give. If this is important to you, you should ask for confirmation when you contact the firm. Old Mutual Wealth does not endorse any advice given. Each adviser’s information has not been verified by Old Mutual and we accept no responsibility for it or the content of any linked websites. Whilst we try to ensure the content is up to date, we accept no responsibility for any errors, omissions or misleading statements. If you are a Financial Adviser and would like to be added to this service, please apply here. Please note that Adviser registrations will take 3-5 working days to process. Icon reference: Investments Pensions Personal protection Some of the firms in our search are independent whilst others operate on a restricted basis which may limit the range of products, or product providers, that they can recommend, or limit the scope of the advice they can give. If this is important to you, you should ask for confirmation when you contact the firm. Old Mutual Wealth does not endorse any advice given. If you would like to search across the whole of the adviser market, including advisers who do not currently do business with Old Mutual Wealth, there are a number of ways you can do this, including www.unbiased.co.uk, an independent portal for finding a financial adviser in your locality. If you are a Financial Adviser and would like to be added to this service, please apply here. Please note that Adviser registrations will take 3-5 working days to process.

The School of Law, Accounting and Finance has a long-standing commitment to enhancing employability for our graduates, demonstrated for example by our second and third year LLB modules Reflections on Legal Advice Work which develops students’ practical skills, their understanding of the principles of client care and provides an opportunity to reflect on the current problems facing local communities. The modules won the University’s prestigious Excellence in Learning and Teaching Award.To increase our students’ opportunities for legal pro-bono work, we have set up the Legal and Financial Advice Clinic.  The Clinic is a free community-based face-to-face advice service staffed by trained Student Clinic Volunteers working under the supervision of practising solicitors and barristers.How does the Legal Advice Clinic work?We run free public appointments where Students (with qualified legal supervision) interview and assess clients, and then draw up legal advice in several legal areas such as employment, housing, debt, family and contract matters. We may also be able to assist in other areas of law utilising our links with local firms such as Capital Law, Harding Evans and Howells who also provide free legal advice and support to the clinic. The Clinic provides a valuable community service and is an excellent training ground for the students and allows them to develop transferable skills to enhance their employability and gain experience of how the law actually impacts on the lives of real people. They also get to network with legal professionals so that they can enhance their skills in the legal arena. Often clients do not arrive at the Clinic with a clearly identified legal problem and the students learn to assist clients in translating their concerns into legally recognisable categories and provide concise explanations of legal concepts and processes which can be entirely new to people.Students can now take part in the clinic as a formal module for their undergraduate studies or they can volunteer in order to develop their skills.  As well as initial and on-the-job training and supervision, the students will also receive ongoing instruction in matters such as ethics, office management and case handling systems. Information for clientsInterviews are on an appointments basis only. Appointments can be made for any time between 10.00 and 16.00, Monday to Friday. If you are a client seeking legal advice, please make an appointment to see us. The Clinic is an appointment based service only and we do not give legal advice by phone or email.Further informationIf you are a current or potential student, or a representative of a local legal firm and would like more information about the Legal and Financial Advice Clinic, please email [email protected] The importance of this clinic is not to be underestimated.  Not only is it an important facility for the community to provide access to legal advice where legal aid is no longer available but it is an excellent opportunity for the students to gain the practical skills that are required and highly sought after if they are seeking a career within the highly competitive legal profession. Craig Court, Harding Evans Bank photo

Mortgages Your home is as unique as you are which is why our mortgage lending service is personal, flexible and built around your needs. We’ve been helping people buy their homes for over 160 years, so if you are moving home or looking to remortgage, then speak to one of our experts.

Some of the firms in our search are independent whilst others operate on a restricted basis which may limit the range of products, or product providers, that they can recommend, or limit the scope of the advice they can give. If this is important to you, you should ask for confirmation when you contact the firm. Old Mutual Wealth does not endorse any advice given. Each adviser’s information has not been verified by Old Mutual and we accept no responsibility for it or the content of any linked websites. Whilst we try to ensure the content is up to date, we accept no responsibility for any errors, omissions or misleading statements. If you are a Financial Adviser and would like to be added to this service, please apply here. Please note that Adviser registrations will take 3-5 working days to process.

Experts in you As a global bank, we understand that everyone’s different. That’s why we place great importance on understanding you and your needs. By identifying your personal hopes and dreams, we can start helping you build the future you want. Whatever that may be.

A. You should ask whether the advice will be given to you face-to-face, on the phone, via email or in a report. If you have a preference, ask if there are different prices for each.

If you would like to search across the whole of the adviser market, including advisers who do not currently do business with Old Mutual Wealth, there are a number of ways you can do this, including www.unbiased.co.uk, an independent portal for finding a financial adviser in your locality.

What it offers Experts in you As a global bank, we understand that everyone’s different. That’s why we place great importance on understanding you and your needs. By identifying your personal hopes and dreams, we can start helping you build the future you want. Whatever that may be. We realise the importance of making the right financial decisions and the impact they can have on your future plans. That’s why our advisers go to great lengths to understand you and your goals, offering you holistic advice. What we mean by this is that we assess your needs across all of the following five areas: protecting you and your family saving for your children’s future and education planning for your retirement managing and growing your wealth passing on your wealth Finding the right fit To help you identify the level of investment risk you’re comfortable with, we’ve developed our most advanced risk profiling tool yet. Using dynamic visuals, the tool accurately assesses your approach to risk and also helps you understand exactly what that approach means for you – putting you in control of your investment decisions. A new world of advice We have chosen to offer restricted advice. This means we don’t recommend products from the whole of the market, but rather a limited range of products from a limited number of carefully selected companies, including HSBC. Your adviser will discuss the types of products and services we provide advice on. They will also explain those areas in which we don’t such as specific tax advice. All of our advisers meet high standards of qualification and have signed up to an ethical code to treat customers fairly. They will clearly explain our advice fees upfront and will be happy to answer any questions you may have. Who is eligible? HSBC Premier Financial Advice Service is only available to UK residents who have £50,000 or more in savings and investments and who are at least 18 years old. You’ll also need an HSBC or First Direct current account or savings account* for us to be able to deduct your fee. * Excluding HSBC Online Bonus Saver, HSBC Online Saver, any HSBC or First Direct Cash ISA, First Direct E- Savings or First Direct Everyday Saver. If you don’t qualify for HSBC Premier Financial Advice Service, or if you’d prefer not to pay for advice, see our self-directed investment options. If you are not a UK resident, please refer to our HSBC Expat service. Bank photo

 

Leave a Reply