Why use an Independent Financial Adviser ?

The financial services market place is very complex and governed by strict legislation which changes on a regular basis. Whether you are looking for the best mortgage or more complex advice on say Investments or Inheritance it is important to take advice that is truly independent.

Choosing the most suitable financial products will often play an essential role in helping to secure your financial future. With literally thousands of different products on offer, and hundreds of financial services companies, one of the most important decisions you can make about your future is who to seek financial advice from.

ONLY an IFA can give you independent financial advice.

An Independent Financial Adviser’s function is to provide expert and impartial advice on all of the products and services in the financial market place. They must be independent of any product provider or lender and offer a choice of payment for their services, through a fee or commissions from products they recommend, or a combination of both.

The role of an Independent Financial Adviser (IFA) is clearly defined - they work for you, not the product provider as is the case with 'tied' advisors.

Whether your needs are simple or complex it is VITAL that you take advice before making a purchase or commitment. It is equally important to ensure that advice is INDEPENDENT.

The benefits of taking independent financial advice

IFAs are bound by the rules of the Financial Services Authority (FSA). These oblige IFAs to provide advice suited to your personal requirements and your attitude to risk. When financial products are recommended they must take into account the following:-

• The benefits provided.
• charges.
• flexibility.
• Quality of service.
• the company's financial strength.

All IFAs must be authorised and regulated by the Financial Services Authority and are obliged to offer 'suitable advice'. That means that they have to have a full understanding of your circumstances and requirements before helping to choose any financial products. This means they must make a full appraisal of your situation and circumstances.

When recommending a product, or products, all financial advisers have to provide written reasons why they think that it is right for you.

By ensuring that you take Independent Financial Advice from an Independent Financial Adviser you are covered by the rules instigated and enforced by the FSA.

If you would like to be contacted by an Independent Financial Adviser from our IFA Database please send us an email. Please state the following so we can send you contact details of the most relevant local IFA from our database.

• Your name
• The subject on which you would like advice
• Your town name and postcode
• Your contact details.

Please Note: If you are an individual wishing to be contacted by an IFA this will be done via SearchIFA who have intimate knowledge of their members and their specialities.

Why Use the IFA Database list?

Our IFA Database is one of the largest databases of Independent Financial Advisers in the UK and the only one available at reasonable rates.