What qualities should you look for in a financial adviser?

There are many important qualities but what about this:

“He will use his superior training and experience to protect his client”

How is your financial adviser protecting you? For example if the stock market fell 30% tomorrow could your retirement plans bear such a loss? What does your financial adviser think is a “safe” investment? What portion of your portfolio is being taken in fees and charges? The first thing to do is to check that the financial adviser is authorised by the Financial Conduct Authority and this means they should appear on this website: www.fca.org.uk/register. Next you should have a discussion around the above questions.

If you do not like the answers then consider changing advisers. At pensionexpert4u.co.uk we are always asking discussing these questions with our clients.

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