Investments
It is great to talk to an IFA about investing, whether you want a one off service or ongoing support. IFAs can help you to make the right decision for your savings. They can also look at investment ISAs and other options if you want to invest in securities and other assets. In terms of ongoing services, you can work with an expert to manage your investment portfolio and provide regular reviews.
Pensions
Sadly pension planning is not something they teach in school. As a result, you may not know what to do. It is a really good idea to find an IFA to work with. They can talk you through workplace and personal pensions, help you to set a goal, and look at how to make your money grow. When you retire or change job they can also work with you to arrange company pension transfers and more.
Mortgages
Whenever you think about a mortgage, it is a good time to talk to a financial adviser. It is a great idea whether it is your first home, moving up the ladder, a buy to let investment, or anything else. IFAs can offer mortgage reviews and look at things like affordability and interest rates. Later in life if you decide to free up some money with equity release, they can help with that too.
Tax & Trusts
Another thing they don't teach in school is how to arrange an estate. It is something many people put off but that can cause issues for loved ones in the future. What you can do is speak to an IFA. They can give you advice about trusts, and more. Most importantly, they can ensure you understand inheritance tax and the ways you can reduce it.