Financial Advisor Brighton

When beginning to search for a financial advisor in Brighton, prepare and consider the following.

• What sort of experience does the advisor in Brighton have?
• Are they fully authorised by the Financial Conduct Authority (FCA)?
• What type of financial advice are you looking for?
• What do they charge, and are their fees reasonable?
• What do I need to prepare before the initial meeting?

Financial advisors will conduct an initial meeting, free of charge. It gives them a chance to find out what your current and future financial goals are. At the same time, it also gives you a chance to get to know them and what they can offer.

Following the initial meeting. The advisor will provide suggestions tailored to you and your situation. They will also explain their charges and they will explain exactly how you stand to benefit from taking their advice. If you then choose to appoint them as your advisor, they will conduct regular reviews. The ongoing reviews are at intervals that you choose and that suit you. Therefore, in some cases, it can be useful if the advisor is close to you. Above all, remember the FCA authorises and regulates all of our financial advisors.

A financial advisor in Brighton can offer advice on a wide range of financial matters. We have outlined the most common subjects that you may need advice on.

The most common types of company pension schemes are:

• Group personal pension schemes
• Auto-enrolment schemes
• Occupational schemes

These schemes allow you to access up to 25% of your pension as a tax-free lump sum. You can access your pension from the age of 55, rising to age 57 from 2028. In addition, you can also enter a money purchase scheme at retirement, giving you various income options. These options include flexible income drawdown and annuity purchase.

The financial advisor can also help with personal pensions. Personal pensions are a bit like company schemes, but they can have different features. As such, it is important to understand your schemes and options. Getting expert pension advice will help you fully understand all of your income options. This, in turn, will also help you to make the right choices.

So, if you are looking for advice on your pensions, it is an ideal time to find a financial advisor in Brighton.

• Final Salary Pensions: In the UK, if you have a final salary or defined benefits pension scheme of over £30,000. It is now mandatory to seek financial advice, mainly because these schemes can be very complex. A financial advisor will help you understand your retirement income options.
• Investment and savings: Financial advisors have access to a wide range of investment products that are not always available on the high street. They aim to help you achieve more growth on your funds than you could get in a bank or building society. However, they will only recommend suitable products that align with your risk profile.
• Financial Planning: A financial advisor can help you evaluate and achieve your financial goals and objectives. No matter whether you're planning over the short, medium or long term. The advisor can create a plan to suit your needs.
• Insurance and Protection: Financial advisors can access a wide range of insurance and protection products. For example, critical illness cover, income protection and various life insurance policies. With their knowledge and expertise, they can find the best deals to suit what you need.
• Inheritance Tax Planning: With the correct planning, your financial advisor can help you avoid or reduce future IHT bills your heirs may face.

We always aim to find a financial advisor close to you when possible. We work with over 250 advisors who cover the whole of the UK. In 2024, we connected more than 12,000 clients with our financial advisors. They can assist you with every aspect of financial advice. Also, remember the Financial Conduct Authority authorises all our advisors. So, finding an advisor near you could not be easier than using Regulated Advice.