A large percentage of people head straight to a bank instead of a financial broker when they want advice on financial products.
These products include:
- Investments or Savings
- Life Insurance
- Serious Illness Cover
- Income Protection
If this is your strategy, then you may be missing out on some very significant benefits. A survey carried out by Standard Life and Brokers Ireland in February 2016 shows that those who have used a Financial Broker:
- Have nearly 3 times the savings and investments than those who don’t
- Are more than twice as likely to have a pension
- Are more financially protected as a result of holding more financial products
- Feel more financially confident and also feel more confident about their financial future
There are countless reasons why it pays to use a financial broker, such as Cathedral Financial Consultants Ltd when shopping for financial products but here are some of the main ones:
The biggest advantage of Cathedral Financial Consultants Ltd over a bank is choice. When you meet with Cathedral Financial Consultants Ltd you have access to a wide choice of product providers. The bank only has access to one bank’s products. This is extremely important when looking for advice on any financial products and gives you much more options on product choice, provider choice and even cost.
EXPERIENCE / RELATIONSHIP
Ask your banker how long they’ve been helping people with their financial advice. Cathedral Financial Consultants Ltd is committed to their clients in the long term, having 20 years industry experience. Banks are large institutions who move their staff around regularly, so you cannot be guaranteed the ongoing advisor relationship that Cathedral Financial Consultants Ltd can provide.
If you’re looking for specialised assistance with financial services, it pays to talk to Cathedral Financial Consultants Ltd. For example, if you’re starting a pension, Cathedral Financial Consultants Ltd specialises in pensions and retirement planning. When dealing with banks you cannot be guaranteed that they have specific experience in these areas.
Cathedral Financial Consultants Ltd is not tied to branch opening hours and meetings can be arranged at a time and location convenient to you. Cathedral Financial Consultants Ltd also offers evening meetings by appointment.
If you need help with your finances for 2018, just give us a call on 1890 60 65 70 or send us an email.