Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/money/article/a572887
Don't let charges destroy your investment income
Barry Horner, chief executive of Bristol-based Paradigm Norton Financial Planning, offers his investment pearls of wisdom.
by Michelle McGagh on Mar 13, 2012 at 11:10
This Money Master Class is given by independent financial adviser Barry Horner.
Barry, chief executive of Bristol-based Paradigm Norton Financial Planning, believes investors should be wary about costs and what is worth paying for.
Here are his top tips:
Be wary of charges
Understand the initial and annual charges of your investments as charges over the long haul destroy value.
Structure your investment to meet your broader life goals, you can’t take it with you!
Invest in good and professional financial. Good financial planning should pay for itself.
As the City regulator is tightening up the rules that govern financial advisers, they are becoming more professional and better qualified. Financial advisers are moving on from the bad old days of being salesmen in disguise, which means you will receive a much more professional service.
A good adviser will be able to help you set financial and life goals and put a plan in place to achieve them, and arrange your financial affairs in a tax-efficient way. Barry is right, good financial advisers do pay for themselves!
Check out more Money Master Classes:
More about this:
More from us
- What's your motivation for saving?
- 3 simple rules for financial success
- Set a monthly budget and watch your money grow
- Don't take investment advice from taxi drivers or hairdressers
- Paradigm Norton
Weekly email from The Lolly
Get simple, easy ways to make more from your money. Just enter your email address below
An error occured while subscribing your email. Please try again later.
Thank you for registering for your weekly newsletter from The Lolly.
Keep an eye out for us in your inbox, and please add firstname.lastname@example.org to your safe senders list so we don't get junked.
Latest from Investment Basics
by Daniel Grote on Mar 28, 2017 at 16:45