understanding financial jargon
Independent Financial Adviser ( IFA )
A person who advises on financial matters including any or all of mortgages, insurance, pensions and investments. An Independent financial adviser (IFA) cannot be truly regarded as giving independent advice if any part of their income is derived from the providers of the products they recommend, since their may be a conflict of interest between the IFA and their customer regarding the IFA's recommendation and any commission they earn from that recommendation. An independent IFA will always offer a 'fee-only' service option where they charge the customer a set fee and pay all commissions received from the product provider for the product recommended back to the customer.
What to do if you need more help
If you need more help with your specific commercial loan, mortgage or insurance requirement please speak to a professional financial adviser.
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