Investments
Talking to an IFA is a really wise idea if you are trying to decide what to do with your savings. An adviser can help you to decide on a goal and strategy to achieve it. They can also provide advice about the risks with different types of investments, including stocks and shares as well as investment ISAs. You can also rely on an adviser to manage a portfolio of assets.
Pensions
Retiring is one of the biggest changes in your life. It is never too soon to start thinking about it and making plans. In fact, pension planning is something you should look at as early as possible. You can talk to an IFA about it and work with them to look at personal pensions and other options. This can help you to decide on a target for your pension pot to make sure you have enough funds when you do retire. IFAs can also help with company pension transfers and other things.
Mortgages
Independent financial advisers are also a really great resource if you are looking to get a mortgage. They can explain the ins and outs of different mortgages so you know what to expect. This can include buy to let. You can also ask IFAs to offer mortgage reviews to help you make a decision on what lender to choose. On top of that, you can ask about equity release if it is something you are interested in.
Tax & Trusts
Yet another area where you can really benefit from working with an IFA is looking at estates. There are some important rules here you must follow if you want to set up a trust. Trusts can be a really good option for people who need to make arrangements for their financial dependants. In addition, you can talk to IFAs about inheritance tax and more.