Why financial advice is so important
Why financial advice is so important
All financial advice is important but retirement advice is even more important. Get good advice and your personal finances will be in good shape and you can look forward to a financially secure retirement with peace of mind and security.
However, if you don’t take financial advice and make your own decisions you run the risk of making some serious mistakes which could result in a less financially secure retirment with lots of worry and anxiety.
Financial advice is more than just making sure your finances are in good shape, it is also about making sure you have don’t have to worry about money matters so you can enjoy your life. Money matters may seem boring and complex, but if your personal finances are in good order it will be so much easier to enjoy the rest of your life.
How much does it cost to get help or advice?
The short answer is help and information is free and we charge a fee if we give you financial advice.
The longer answer is most people feel comfortable with our three-step process:
- 1 Putting your toe in the water - we need to get know each other
- 2 Analysis and research - we will analysis your pensions and research your options
- 3 -Financial advice - we will recommend the best solution for your circumstances
In most cases we don't have to charge a fee until step 3 and will agree our fees in advance of any chargeable work. Normally, our fee can be taken from your pension pot so don't have to write a personal check
We know you will want to know what our fees are so look at the cost of advice tool at Unbiased.com, as we try to keep our fees in line with those quoted on this independent and unbiased website.
Advice doesn’t have to be expensive
If you agree that financial advice is important, what is stopping you from getting advice?
There are three reasons why you may be put off from getting advice:
- You think you can make your own decisions without help from an adviser
- You may think it is too complicated
- You may be put off by the thought of paying fees
There are so many different options and possible solutions so you will probably not be able to research all of these without help from an experienced adviser.
Advice doesn’t have to be complex and a good adviser like Eadon & Co will help explain your options in language you understand help you make the right decisions.
Advice is not expensive if you consider how much added value you get from good advice. We are passionate about giving our clients the best possible advice and service. Our clients value and appreciate the advice we provide and understand that me must charge a reasonable fee for the work we do.
We work on the principle that the fee for our advice = our business costs + the value we add.
Our costs are measured in purely monetary terms, but the value we add is measured in both monetary and personal terms. For instance, good advice may result in the highest income option, a competitively priced pension plan or superior investment solutions, but it will also provide peace of mind and security which you cannot put a price on.
Why you need financial advice
A good adviser will ensure you make the most of your savings and investments.
You may be tempted to make your own decisions but you run the risk of making serious mistakes and losing lots of money.
There are many reasons why you need to speak to a specialist adviser at Eadon & Co:
- There is a lot at stake - you shouldn't gamble with your personal finances
- Be serious - it’s more complex that it seems and it easy to make mistakes
- It’s difficult to make the right investment decisions - you can’t always trust your own instincts
- Sometimes you simply must take advice
You will be in safe hands with us. We are regularly asked by the national press and broadcasters such as the BBC to comment on financial matters.
