Investment advice UK provides a professional recommendation about the type of investments you should hold to achieve your goals. It is different from financial guidance, which only provides general information to help you make a decision.Find out:theinvestorscentre.co.uk

An adviser who specialises in investment advice will have qualifications such as a CISI Level 4 Diploma in Investment Advice (which is recognised by Ofqual on the Regulated Qualifications Framework), or a Chartered Institute of Securities and Investments (CISI) Certificate in Investment Advice. They will also need to be registered with the Financial Conduct Authority (FCA) and have a Statement of Professional Standing.

Maximizing Tax Efficiency: Investment Advice for UK Residents

You can find an FCA-registered investment adviser by searching the FCA Register of Financial Advisers. The register includes details of any restrictions on the types of financial products an adviser can recommend or sell to you, such as a ban on certain high-cost investments.

Advisers can be independent or restricted, and you need to know which type of advice you’re getting before you pay for it. Independent advisers will consider all retail investment products that could meet your needs and objectives, and they have to offer unbiased and impartial advice. Restricted advisers only offer advice on their own firm’s products, and they can’t call themselves independent.

American expats in the UK face several complex challenges when it comes to investing their money here. They have limited investment options, and banks may restrict services for them due to US and UK regulations. Schroder Wealth Management (US) has a service that helps them navigate these issues.