8 key questions to ask your financial advisor
Local Financial Advice Blog
by Christina Bentley
1y ago
Getting financial advice is like getting any professional service. Asking around for recommendations, creating a shortlist and a first consultation are key to making your final choice. That’s no different for choosing your advisor. Not sure what you should ask your financial advisor in your first meeting? In this guide, we’ll take you through the key questions you should ask, what to expect and tips for when you should seek advice ..read more
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What is a pension transfer and how does it work?
Local Financial Advice Blog
by Jack Dooley
1y ago
Transferring your pension could make retirement planning easier, but it may not work for everyone. That’s why it helps to do your research. So, whether you're curious about what a pension transfer is or you're simply doing a bit of research, we’re here to help ..read more
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A how-to guide on retiring at 55
Local Financial Advice Blog
by Lyn Anderson
1y ago
For many of us, retiring at a reasonable age is all but a pipe-dream. But if you can afford an early retirement, there are many things to consider before taking the plunge. So, whether your ideal retirement means gardening, holidays or new hobbies, join us as we explore all you need to know about retiring earlier than planned. We'll take you through the pros and cons, how to start planning and where to get advice ..read more
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Lifetime ISA vs Help to Buy ISA
Local Financial Advice Blog
by Christina Bentley
1y ago
Getting on the housing ladder not only means saving for the future, but also being mindful of where you put those savings. If you’re keen to get the most return from your savings, you may be considering a Help to Buy ISA vs a Lifetime ISA. Our in-depth guide explains everything you need to know about Help to Buy and Lifetime ISAs, pros and cons and key considerations before you make a decision ..read more
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How to get help with the rising cost of living
Local Financial Advice Blog
by Christina Bentley
1y ago
Wondering how far your money will go this year as energy prices are on the rise? You’re not alone. The cost of living increase is affecting everyone as ‘the big squeeze’ forces us to make sacrifices. And with an ongoing energy crisis and rising inflation, it’s easy to feel like things are out of control. Everyone is looking for "cost of living help". With everyday costs rising, it can seem hopeless. But you still have control of your finances. To help you better cope with the cost of living crisis, we’ve rounded up guidance and simple tips from the experts ..read more
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CDC pensions: what are they and how do they work?
Local Financial Advice Blog
by Christina Bentley
1y ago
There’s a new type of pension available for UK workers called a collective defined contribution (CDC) pension. This new scheme means you may have even more options and benefits when you save for retirement. In this guide, we’ll take you through everything you need to know about CDC pensions, including their pros and cons and what they could mean for your future retirement ..read more
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Equity release: What is it and what to avoid?
Local Financial Advice Blog
by Christina Bentley
1y ago
Equity release helps UK homeowners gain extra retirement income by allowing them to release some of their home’s equity. And in 2021 alone, it helped over 76,000 people release equity, according to the Equity Release Council. Not sure what equity release is or how it works? Our in-depth guide will help you explore everything you need to know about equity release, its pros and cons and how to avoid working with dishonest companies. For now, let’s get started with the basics ..read more
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Can you get free financial advice?
Local Financial Advice Blog
by Christina Bentley
1y ago
It’s a common myth that financial advice is only for wealthy people and investors. If you find yourself with more questions than answers when it comes to money matters, you may be wondering whether financial advice is free ..read more
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Should I consolidate my pensions? Finding lost pensions tips
Local Financial Advice Blog
by Christina Bentley
1y ago
If you’re like most people, you’ll have had many jobs and pension pots by the time you reach retirement age. You might find yourself wondering, ‘Should I consolidate my pensions. And how do you find lost pensions? While having fewer pensions to manage might seem like a logical solution, it could mean losing out on money, benefits and more. Not sure what pension consolidation is or whether it's a good idea? In this guide, we’ll explain everything you need to know about pension consolidation, tracking down lost pensions and more. How you can find your lost pensions Determining whether you’ve l ..read more
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What is financial planning? How is it different from financial advice?
Local Financial Advice Blog
by Christina Bentley
1y ago
If you’re in need of expert help with your finances, you may be wondering whether you need financial planning or financial advice. While both services can help you get personalised financial advice and help you achieve your goals, they’re designed for different purposes. Not to worry. We’ve created this guide to help you get to grips with what financial planning is, how it works and how it’s different from financial advice ..read more
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