Everyone would like their money to be working as hard and as profitably for them as possible. The problem is that, with generally low rates of interest, hoarding any spare cash in the relative security of a bank or building society account is not going to achieve a very attractive return. There are other investment opportunities available, of course, but just where should you start to look? The safest and most reliable source is to turn to your independent financial adviser for investment advice.

There are literally thousands of different products you can choose from in order to invest or save your money and an independent financial adviser can help you pick the ones that are best suited to your own personal circumstances. That, of course, is the beauty of consulting an independent adviser. The adviser will not be offering you an off-the-peg, one-size-fits-all solution, but something tailored uniquely to your particular needs. This is made possible by the thousands of products available – provided, of course, that you know what there is and you know where to look. And that is precisely the financial adviser’s job – a job demanding financial knowledge and expertise, delivered in a totally impartial and independent manner, with advice that suits only your own best interests (not his or anyone else’s).

So, you do not have to negotiate the bewildering maze of choices between individual companies in which to invest; or whether you should instead choose one of the Unit Trusts as a way of investing in a collective of companies; or whether you would be better off with an Investment Trust or with an Open-ended Investment Company (OEIC); or whether you should really be going for the tax-efficiencies of an Individual Savings Account (ISA) – The independent financial adviser can be there to guide you through this whole maze of competing products and identify the ones that will work best for you alone.

These sorts of decisions might once have been the preserve of only the very wealthy. These days, however, investing is increasingly regarded as a way for the majority of people to invest in their future. Investment is a way of making your financial future more secure. So what better way to provide for your future than a pension based on the investments under your own control?

So, if you are looking to invest in your future by way of a pension savings and investment plan, the independent financial adviser is once again the best man for the job. His combined knowledge of investment options and of the vast range of pension plan alternatives makes him the ideal counsellor and someone without whose advice you probably would not want to make a decision.

Summary

If you are in search of investment advice, remember that:

• An independent financial adviser is best placed to guide through the maze of competing financial products;

• The advice will be entirely independent and tailored to your needs – an no one else’s;

• If your concern is for an investment and savings plan to meet your pension needs, the independent financial adviser is once again the person without whose advice you would not want to enter into any commitment.

steve wright is managing director of wrightway financial consultants, independent financial advisers specialising in pensions, investments, mortgages and insurance. one of their major areas is investment advice.

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