Financial Advice Overview
Are you looking for a financial adviser in Truro? Advisors who cover the Cornwall area?
We created this site to help you find a financial adviser who can work with you to build a financial solution tailored to your needs.
Here is an overview of some of the areas and products a financial adviser may be able to assist with:-
Buy to let mortgage
First time buyer mortgage
House of multiple occupation mortgage
Let to buy mortgage
Shared ownership mortgage
Defined Contribution Scheme
Retirement Annuity Contracts
Section 32 Pension
SIPPs (Self Invested Personal Pension)
SSASs (Small self-administered scheme)
Critical illness insurance
Income protection insurance
Payment Protection insurance
Private Medical insurance
Serious illness insurance
Short-term income protection
Whole of life insurance
Savings and Investments
Exchange Traded Funds
Individual Savings Accounts – Stocks and Shares and/or Cash
Tax and qualifying life insurance products
Unit Trust and Open-Ended Investment Companies (OEICs)
Venture Capital Trusts
Tax and Trust Planning
Capital Gains Tax mitigation
Inheritance Tax planning
As you can see, the scope is wide and an advisor from Truro’s knowledge is essential to guide you through this minefield.
A Truro financial adviser can assess your needs and requirements and help you plan for short-term and long-term goals. There are several important milestones in life from buying your first home, starting a family, saving for retirement, investing for growth, saving for your children’s education, starting out in business, protecting your assets, retirement planning and tax efficient strategies to pass your wealth on to your children.
By working with you a financial adviser in Truro can recommend investments to match your goals, aspirations and requirements.
Financial Advisers typically start the process by carrying out a fact find to ascertain your goals, your capacity for loss and your attitude to investment risk if relevant and then are able to recommend relevant products that fit your requirements.
Financial Advisers – The different types
Financial advisors usually offer either general financial planning advice or specialist advice focused on specific areas such as pensions, mortgages or investments.
With many financial products, advisers can offer restricted advice service or advice on the full range of products. If restricted adviser will offer advice on a range of products or providers that is limited. Whereas an independent adviser will offer advice on a full range of investment products.
Please feel free to read our articles and the various topics related to financial products and areas and financial advisers and advisors in Cornwall to help solve your financial advice requirements.
The Financial Conduct Authority is the regulator for financial advisers.