View more on these topics

IFA guide aims to boost consumer confidence

IFA Momentum Financial Services is publishing a Guide to Savings and Investments which it hopes will lead to increased consumer confidence when choosing financial products.

Momentum says it has produced 100,000 copies of the glossy A5 guide in response to increasingly sophisticated consumers demanding more appropriate information on their investment options.

The 12-page guide focuses on what it believes to be the six main issues that consumers should consider before making their investment choice.

These are access, in particular, whether there is a need to release capital quickly; income requirements; growth expectations; tax efficiency; security and contract flexibility.

The guide also gives summaries of the different types of investment products available, dividing them into three categories – deposit, fixed interest and equity.

Momentum is also developing a series of brochures on topics including pensions.

It is mailing 80,000 guides to existing clients and an extra 20,000 are available through its website at www.Momentum-net.com/guide.htm or its consumer phoneline.

Momentum was formed last September following a management buyout of Aon Consulting Financial Services.

Managing director Paul Johnston says: “With so many products on the market, new initiatives and new opportunities arising, consumers are often unsure which product to pick. With the end of the tax year around the corner, we have written this guide to make their decision-making a little easier.”

Recommended

Protect and survive

In a recent survey commissioned by L&G and conducted by SME Continental Research, 99 per cent of companies put people at the top of their list as the most important factor in running a successful company. This is welcome news and provides focus on why businesses, particularly small and medium sized enterprises (SMEs), should take […]

Roll up for Sun Bank account

Sun Bank Offshore has designed its roll up bond for investors who have between £5,000 and £250,000 to invest.The roll up bond offers a choice of a three year term or a five year term and interest rates depend on the amount invested. If an investor chooses a three year term, they will get 6.09-6.48 […]

Artemis goes back to Cofunds

A week after saying it would turn its back on all fund supermarkets, Artemis has made a u-turn, restating its allegiance to Cofunds. The boutique fund manager says its’ concerns with supermarkets only applied to Fidelity’s FundsNetwork, and that it will remain on the Cofunds platform. Fidelity says its dispute with Artemis centred around charges […]

Barclays opens up to multi funds

Barclays Stockbrokers has introduced the multi-fund Isa.Clients who invest in the product will be able to choose from 116 different managed and tracker funds. These will include ones offered by 14 external fund managers, ranging from ABN Amro to Gartmore, Merrill Lynch, Perpetual, Threadneedle and Schroders.The funds on offer will have varying degrees of risk, […]

Keep calm and carry on?

We British are known for our stiff upper lip and just getting on with things. It’s part of our quirky cultural behaviour – like forming orderly queues, or saying sorry when it’s not our fault. Many of us just aren’t that great at talking about what’s bothering us. But if someone feels that the stresses […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com