I have appointment tomorrow in my halifax branch to discuss investing an inheritance - will I get good advice?

LOL


sure, very impartial





Don't be surprised if they suggest you invest it all in their products or products from which they make a commission.





I suggest you have a look at this web page before you go





EDIT


Also avoid Independent Finacial Advisers (otherwise known as insurance salesmen) like the plague. They are only interested in their commission.I have appointment tomorrow in my halifax branch to discuss investing an inheritance - will I get good advice?
The Halifax is legally obliged to give good advice. However, since they sell investment products they will not be impartial. I suggest you do two things for yourself: 1. be very sure about your attitude to risk, before you go, or at least before you sign anything. Good investment requires a committment of between 5 %26amp; 10 years to mature. Also, make clear to HBOS your risk attitude up front. 2. seek another advisor (preferably independent) as a cross check and do nothing in a hurry! Good luck.I have appointment tomorrow in my halifax branch to discuss investing an inheritance - will I get good advice?
You will get good advice and they will suggest that you invest in their products. Listen and learn from them but do not commit. Then make an appointment with the Bradford and Bingley adviser. They will give completely impartial advice and give you sound advice. They do not charge for this but they will get a commission from the products that you finally settle on. They are duty bound to tell you this and tell you the amount of commission they make.
Don't even go there!


I know someone that went to the Alliance %26amp; Leicester for advice and put over 拢100,000 in a 5 year bond....all was going well until 6 weeks before maturity it was found to have been a risk to capital bond when it was specifically asked for a no risk investment. Luckily evidence is in place in this case to show that we asked for a no risk to capital.


My advice is to put the max allowed into an ISA every year then put the rest into a high rate internet savings account.


DO NOT under any circumstances invest with a high street bank on their advice. Go with your own research.
just remember these so called financial advisors are looking out for htemselves first and then you...so they will suggest products tht give them the biggest commission...





what i suggest you do is if you dont know anything about investing..buy a book on investing..what you want to do is educate yourself on a variety of products:


mutual funds


stocks


annuities


etc.





personally i got some inheritance and didnt know ANYTHING about investing..so what I did was I wnet on the webpages of different banks to see what products they offered...i went through the mutual fund list and i saw that a few of htem provided income every month..and i also saw what htey invested in...so i put my money in mutual fund and had a decent amt of extra income coming in every month and i kept it there for 3 years. Now i moved onto stocks...i wish i went into stocks during the time i was in mutual funds cuz the market was doing awesome but thts the past..now im leanring about stocks...so just start off wiht what ur comfortable wiht...hwen you go to the advisor..just go in ther thinking tht ur gonna learn some new vocabulary terms..so i would take a notebook and pencil with u and jot down the idfferent things she/he mentions-and then go home and do your own research on it....
I agree with the first answer. Another company to look at is Chelsea/Norwich Union. I split my investment between the two, both are doing reasonably well .Check out several financial advisors , the advice is usually free and you are under no obligation.
NO. If it is areasonable sum (拢100000+) then go see a few stockbrokers. You can get some names from APCIMS or maybe Securities Institute.


By all means see what Halifax have to say but it will mostly be Halifax bonds and fairly un-adventurous.
Banks and insurance companies are traditionally poor places to get investment products.
Speak with an IFA. Will give you impartial advice.
Yes But It Will Be Bias .....





My Advise Will Be Shop Around In Many Different Places!