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Monday 24th of May 2010

News Tag: financial advice

May 19, 2010

Know what you want from your money

by David Masters
Know what you want from your money
People seeking financial advice should work out what they want to achieve with their money before visiting an advisor, a financial expert has claimed. Mike Fosberry, president of the Personal Finance Society, said people can have all sorts of objectives for their money, such as building up their pension, paying off debt, or making a positive difference to the world with ...



April 27, 2010

Savers Google for financial advice

by David Masters
Savers Google for financial advice
Savers are increasingly relying on the internet as their first point of call for financial advice. Fidelity International said demand for web-based financial advice is on the increase, and is set keep on rising. Research by the group found 15% of British investors base their investment decisions solely on the websites of financial product providers. "The web is increasing in its significance as more people ...



January 27, 2010

Savvy investors snub financial advisers

by David Masters
Savvy investors snub financial advisers
Two thirds of investors don't bother seeking financial advice before making an investment, according to a new study. In a poll by the Fair Investment Company (FIC), 64% of respondents said they would not seek advice before making a decision about where to invest their money. Just 34% said they would get advice before making an investment. George Ladds, FIC's head of investment and ...



November 17, 2009

Informed investors would invest ethically

by David Masters
Informed investors would invest ethically
Two-thirds of investors would choose to invest ethically if they were properly informed about ethical investment opportunities, research by The Co-operative Investments has discovered. Ethical investments currently equate to less than 2% of the overall UK market. However, when ethical investment opportunities are explained to investors, 65% express interest in putting money into an ethical fund. Ethical investment themes most persuasive to investors included the ...



July 29, 2009

“Impartial” advice best solution for economic blues

by David Masters
Consumers looking to alleviate the financial blues should seek advice from a certified and impartial source, a debt solutions group warned this week. Derek Oakley, head insolvency practitioner at Debt Free Direct, said financial advice is best sought from advisers who have "achieved the Debt Standard". There can be "dramatic variations in the quality" of help given by debt management companies, Oakley ...



June 12, 2009

‘Worrying gap’ in financial advice for over-50s

by David Masters
'Worrying gap' in financial advice for over-50s
The Citizens Advice Bureau (CAB) has warned of a “worrying gap” in the availability of affordable financial advice for people approaching retirement. People over 50 are often asset rich, but cash poor, and cannot afford to pay for the financial advice they need, the CAB said. Many people in this age group have complex questions about mortgages, pensions, and equity release, but ...