Options– Germany
Postfach 1501 – 48282 Emsdetten

Phone: 02572 97170
Mobile: 0171 621 3302

Email:
Info@optionsforlife.de

The benefit of professional advice

Close up portrait of senior couple using a map for directions. Retired couple exploring new places to visit during their vacation.

Consumer finances have been changing at an accelerating pace. Gone are the days when people could rely on the state, their employers or even the equity built up in their own homes to provide for their retirement income. With interest rates at an all-time low, global stock markets continuing to be volatile and rules and regulations around personal finance products becoming ever more complex, independent financial advice has never been more important.

According to research, less than one in five (18%) of UK consumers has sought advice from an independent financial adviser (IFA), with retirement planning being the number one reason why people search for details of an IFA. For many others, their first contact with an IFA are for help with a residential mortgage, or life insurance.

It is evident that independent financial advice is particularly valuable in helping the consumer understand the need for more complex financial products. When comparing the financial situations of consumers who have taken independent financial advice to those who haven’t, some remarkable differences become clear:

The current average pension pot for consumers who have been advised on their retirement planning is £74,554.30, nearly double that of those not seeking advice. Those who have taken advice put nearly a third more a month into their pension plan.

On investments, people with an adviser save for longer and contribute more, leading to an average investment value which is over £40,000 higher than the average for those who haven’t sought advice.

All of these findings suggest that taking independent financial advice has a vital part to play in the health of consumer finances and it can have a tangible positive effect on consumers’ financial security.

“I’m single and if I died I would have lost my pension – Options transferred my pension and arranged for the benefits to be paid to my family if I died before retirement.”


Cara W. – Huddersfield
2016-04-21T11:45:20+00:00
“I’m single and if I died I would have lost my pension – Options transferred my pension and arranged for […]

“Options created an ethical investment portfolio which encapsulated my attitude to risk and my investment knowledge.”


Ernie W. – OBE
2016-04-21T11:55:42+00:00
“Options created an ethical investment portfolio which encapsulated my attitude to risk and my investment knowledge.” Ernie W. – OBE

"Options arrange for the full encashment of my pension so I could buy my flat. They were so efficient I had the money within 21 days."


Julie J. – UK
2016-04-21T11:56:47+00:00
“Options arrange for the full encashment of my pension so I could buy my flat. They were so efficient I […]

"As an Ex-Pat in Germany I wanted a EURO based investment. Options arranged for a Euro denominated investment with access to the worlds markets."


David T. – Germany
2016-04-21T11:58:56+00:00
“As an Ex-Pat in Germany I wanted a EURO based investment. Options arranged for a Euro denominated investment with access […]

"Options arranged for the encashment of my pension then got all the tax back from the HMRC and saved me thousands of pounds in Tax. A brilliant service!"


Peter W. – Germany
2016-04-21T12:00:38+00:00
“Options arranged for the encashment of my pension then got all the tax back from the HMRC and saved me […]