Investments
Making sense of different types of investments can be tricky. Then it can be even harder comparing them and deciding which is right for you. IFAs can be a big help here. They can work with you to get an idea of your goals and choose the right investment strategy. This could include cash savings, Investment ISAs, stocks and shares, and more. You can even choose an ongoing relationship to have an IFA manage your portfolio.
Pensions
Pension planning can be very stressful. You need to calculate exactly how much you need to be putting in your pot to give you the right income when you retire. An IFA can work with you to do that. They can also look at options for personal pensions and offer advice about company pension transfers. This can give you more peace of mind that you will be in a good place financially.
Mortgages
There is a lot to think about when it comes to arranging a mortgage. That includes the terms, interest, deposits, early repayment charges, and more. Plus, there are different rules for buy to let. It can be a really good idea to talk to an IFA. Some will offer mortgage reviews and help you to choose a suitable product. You can also call on an adviser to look at things like equity release and whether it is a good option for you.
Tax & Trusts
Few things are as important as getting everything in order regarding your estate. You need to decide on how to distribute it, who will benefit, and should also arrange important documents like Power of Attorney. Some people also look at ways they can reduce inheritance tax and even set up trusts. You can talk to an IFA about these things and more.