Always choose a financial advisor who is qualified and is also registered with a relevant trade body. Accreditations to look out for include the Financial Services (FS)
. This is a special register that allows you to search for particular companies or individuals who are approved. Also, the Financial Conduct Authority (FCA)
is an independent regulator.
Alternatively, a Certified Financial Planner (CFP)
is another excellent accreditation too.
The specific credentials may vary depending on where you are located, so check your local government for further advice on what to look out for.