Not a trust issue but rather a Cost issue, i would hazard.I'm speaking at a conference of over 50 Financial Planner professionals on Thursday with a representative from the Central Bank and the Financial Ombudsman's office in attendance.
One of the questions I will be putting to the floor is this; why is it that the level of trust is so low around Financial Advice in Ireland that someone who clearly needs Independent Financial Advice has absolutely no interest in obtaining it and prefers to seek out unregulated and uninsured, often anonymous opinions in preference to written, professional, regulated and insured advice?
I'm speaking at a conference of over 50 Financial Planner professionals on Thursday with a representative from the Central Bank and the Financial Ombudsman's office in attendance.
One of the questions I will be putting to the floor is this; why is it that the level of trust is so low around Financial Advice in Ireland that someone who clearly needs Independent Financial Advice has absolutely no interest in obtaining it and prefers to seek out unregulated and uninsured, often anonymous opinions in preference to written, professional, regulated and insured advice?
One of the questions I will be putting to the floor is this; why is it that the level of trust is so low around Financial Advice in Ireland that someone who clearly needs Independent Financial Advice has absolutely no interest in obtaining it and prefers to seek out unregulated and uninsured, often anonymous opinions in preference to written, professional, regulated and insured advice?
I'm speaking at a conference of over 50 Financial Planner professionals on Thursday with a representative from the Central Bank and the Financial Ombudsman's office in attendance.
One of the questions I will be putting to the floor is this; why is it that the level of trust is so low around Financial Advice in Ireland that someone who clearly needs Independent Financial Advice has absolutely no interest in obtaining it and prefers to seek out unregulated and uninsured, often anonymous opinions in preference to written, professional, regulated and insured advice?
Financial Advisers are required by the Central Bank of Ireland to hold professional indemnity insurance so that you can make a claim against an insurance policy if the advice you receive is incorrect.
If you receive incorrect advice on the internet, you have absolutely no come back at all.
(Please don't post if your advice is to contact a financial adviser)
Im early 40's, two young children, I have 750k, homeowner, no debts, no mortgage, BUT no pension.
We are both part time self employed and happy with that, very modest income, about 30k total.
We live a simple life and are risk averse.
Best investment option with this scenario????
100k is far too much for a rainy day in my opinion.I would keep it simple;
100k in the bank for rainy day/emergencies
650k in 10 divident paying large blue chips.
Stay away from rental property. Its hassle, illiquid and not flexible enough to minimise your CGT.
100k is far too much for a rainy day in my opinion.
I'm speaking at a conference of over 50 Financial Planner professionals on Thursday with a representative from the Central Bank and the Financial Ombudsman's office in attendance.
One of the questions I will be putting to the floor is this; why is it that the level of trust is so low around Financial Advice in Ireland that someone who clearly needs Independent Financial Advice has absolutely no interest in obtaining it and prefers to seek out unregulated and uninsured, often anonymous opinions in preference to written, professional, regulated and insured advice?
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