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 [...]
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 [...]
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 [...]
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 [...]
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 [...]