We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Nevertheless, allowing for those drawbacks, if they are registered (IFA or FA) they should still be honest. I believe you can look up whether there are any judgements against particular firms, and what for - I don't know quite where that can be found, but someone here will.
If you walk into your nearest high street bank in search of a savings account, the person you speak with is very likely to be honest, and they will probably give you the most suitable product from the bank's range. However, it is very likely you'd leave with a product that was not the best option available, and it might be pants.
Whether or not they are honest or not isn't in issue.
Well the OP's title for the thread was "Finding an honest, reputable IFA", so I presumed honesty was a part of the requirements!
If you walk into your nearest high street bank in search of a savings
account, the person you speak with is very likely to be honest, and they
will probably give you the most suitable product from the bank's range.
However, it is very likely you'd leave with a product that was not the
best option available, and it might be pants.
Indeed, as would be the situation (in most cases) with an FA rather than an IFA.
