Financial advisor Cambridge services are there to assist if you are looking for financial advice but don’t know where to turn. Your finances can seem like a minefield when you have no idea what you’re doing. But it can seem like every financial advisor is pushing one bank’s agenda. How do you really know you’re getting the best deal? It’s essential you get sound guidance in matters that may affect the whole of your life and future, so it’s best to do your research before embarking on any big financial decisions. You may need information, for example, on taking out a mortgage, planning for your retirement, protecting your business and much more.
In fact, financial advice for Cambridge residents often necessitates and incorporates Cambridge legal services. Both aspects, law and finances, are essential if you’re considering taking out a mortgage, for example. When you’re going through the mortgage process, especially for the first time, it can seem daunting. What you need is an experienced mortgage advisor Cambridge or beyond, who will have expertise in both the financial and the legal aspects. The best advice is to find a financial advisor that works independently. You can then rest assured that you’re getting the right deal, because your advisor works for you and does not represent the interests of a particular mortgage provider. It’s critical not to rush into anything when it comes to a mortgage. After all, it will probably be one of the biggest financial decisions of your life; so take your time when you’re looking for a financial advisor Cambridge based. The first aspect to look out for when making your choice is that your proposed advisor is regulated by the Financial Conduct Authority (FCA). They should also be able to provide you with references; or come with a recommendation from a friend or family member. You should, however, be very wary of financial advisors who offer free advice. Since 2013, all general financial planning advice comes with a fee.
There are many kinds of financial advice that can be invaluable during our lifetimes. One critical aspect is what will happen to your assets when you die. You may think that planning your estate is unnecessary at present; we all tend to believe we have plenty of time left. However, there’s no harm in being prepared, especially if you have specific wishes about how your estate is to be managed. Estate planning should allow you to have your say on who gets what. The matter requires some sensitivity and a long term view to plan for your future generations. Such planning can include savings, investments, life policies and assets, right down to particular pieces of jewellery or paintings, say. For effective estate planning, you’ll need a financial advisor Peterborough. To ensure your wishes are legally binding as far as possible after your death, it’s important to get them recorded and written down in the right way. A good IFA Peterborough will also ensure you and your heirs pay the correct amount of inheritance tax, something that often trips up the less well advised. If done properly, your family will not have to worry about being at a financial disadvantage in the event of an already traumatic bereavement.
When it comes to Cambridge financial services, one area everyone should take advice on is retirement planning. Retirement has a habit of creeping up on us, and if we’re not prepared it can hit us hard. We should be getting ready for our retirement in our 30’s, but it often seems like such a long way away that we don’t bother. Accessing advice from high calibre financial advisors in Cambridge will mean that you have a plan for the future, one that allows you to have peace of mind when it comes to your finances. How do you plan to live during your retirement? Will you be happy to have just the basics? Or will you feel like you’ve earned a few more luxuries by then? By seeking professional advice on planning your retirement finances, you’ll be able to deal with questions you hadn’t thought of. For example, what is the most tax efficient way of receiving a lump sum of money from your pension fund? Do you know what rules may hinder you when it comes to your pension? Getting advice in a way that is tailored to your own, individual circumstances will pay dividends. There are a lot of questions and a lot of options in front you. Your future depends on the quality of the advice you receive now.
We’re all guilty of putting unpleasant tasks like thinking about the future on the back burner. But even if you don’t need a mortgage or will-writing service at this stage, your financial situation could almost certainly do with a review, if only to give you peace of mind that your financial house is in order. Perhaps the ‘future you’ would benefit from considering life insurance or critical illness cover; or taking sound investment advice now? However, researching the best options when it comes to managing your finances can be confusing – or even distressing. What you need is a financial advisor Cambridge based who you can trust and build a lasting relationship with; an expert in many areas who can look at your situation holistically. You need a company that will act with yours and your family’s best interests at heart, now and in the future. You may find plenty of options when you search online for Lincolnshire financial advisors or legal services Lincolnshire, but will you find specialists that can offer everything you need? It’s unlikely, unless you head to Liberty Partnership Ltd. Here, you will find independent advice on your finances, all under one roof with a team that aims to build long term relationships.
At Liberty Partnership Ltd, we offer a gold standard service to anyone looking for a financial advisor Cambridge. The team will simplify the process of any and all of the financial services we offer so you, the client, can have peace of mind. Using Liberty Partnership Ltd means you have a financial advisor that you can trust and call on whenever the need arises. Each member of our team is highly qualified and comes highly recommended, so you know you’re in great hands. Why not view our website at https://liberty-partnership.co.uk for further details, then give us a call today on 01778 342291? You won’t regret it.