Independent financial advice is here to stay

From 31st December 2012, new rules came into force for financial advisers which saw the biggest change on the financial high street for years. 

Previously there were several ways of seeking financial advice for products such as life assurance, personal pensions and investment such as stocks and shares and ISAs: either through an independent financial adviser, a tied or multi-tied agent or a whole of market adviser who can only be paid by commission.

Following a comprehensive review of the way financial products are sold by the consumer watchdog (who was at the time the Financial Services Authority - FSA), there are now just two choices:           

Independent or Restricted.

Clayden Associates remains independent. As an independent financial adviser (IFA), we offer consumers and businesses unbiased financial advice across a range of financial products and services by researching and recommending from the whole market. Clayden Associates is not linked to any particular product provider and offers its clients the option of paying by a fee, rather than taking commission from one or a select group of providers. 

Independent advice, as offered by Clayden Associates is the only type of advice that gives consumers and businesses access to all products on the market through a qualified practitioner, providing you with the most suitable financial product to match you individual needs. 

To find out more about these changes or to discuss your own individual financial needs please contact Clayden Associates who can provide you with a free consumer guide, put together on their behalf by IFA Promotion, the organisation promoting the benefits of independent financial advice. Alternatively, to get a copy of this guide call free on 0800 085 3250 or visit www.unbiased.co.uk

Speak to Clayden Associates ... For the good of your wealth.