Understanding the true value of financial advice

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Do you have a pension plan? Are you saving for something special, such as your first home or a once-in-a-lifetime holiday? Do you want to invest? If your answer to any of these questions is ‘yes’, it is very likely that you would benefit from financial advice.

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Research has found that more than one in four of us struggles with money. If you want to make sure your finances are in order, let’s take a look at four benefits of obtaining financial advice.

You will be more tax efficient

A financial planner will help to minimise your tax liability, which means you will be more tax efficient and potentially spend less on taxes. This is a great way to save money; however, UK tax laws are complex and difficult to understand, so it is important to hire an advisor who has experience in this area.

You will have clear financial goals

One of the main benefits of hiring a financial advisor is that they will help you to establish clear financial goals, such as saving for your retirement or to buy a house. This will make it easier for you to progress financially. It will also be easier for you to achieve your financial goals, as your independent financial advisor Swindon will work with you to create an achievable actionable plan for you to follow.

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Your investments will be more secure

If you want to invest and are wondering “why would I choose an independent financial advisor?”, the answer is because they will be in the best position to help you invest. After all, financial advisors know a lot about the investment market. If they help you, you are less likely to lose your money.

You will have improved investment knowledge

A financial advisor will give you lots of good advice about investing, so you will have improved investment knowledge. This knowledge will stay with you for life – even if you stop working with the financial advisor, you will still know more about stocks and investing.

A financial advisor can help to boost your savings and cut your expenses, which is ideal for anyone who is struggling with money. It is also ideal for people with big savings goals, such as people who want to buy their first home.