The Financial Conduct Authority (FCA) regulates financial advice in the United Kingdom. Dobson and Hodge is regulated by the FCA and therefore our clients benefit from the peace of mind that the ……………..
The individual advisers at Dobson and Hodge are also authorised to give regulated financial advice. This means that they are qualified and, perhaps more importantly, experienced in their fields.
Furthermore, most plans that are arranged will benefit from the protection provided by the Financial Services Compensation Scheme.
This all means that, should something go wrong, the client has protection both with regard to the advice they received and also with regard to protecting them should their providers fail.
is that – unless specifically requested by the client – all work we undertake is on an ‘advised basis’. This means that we take responsibility for our work.
We would hope that if you are seeking help, you will approach us however if you approach another firm, we would encourage you to ask the following questions:
- Are you regulated by the FCA?
- Are you providing regulated advice?
- Is your advice independent or restricted in some way
- Many take financial services regulation and protection for granted and it is only when something goes wrong that they discover things aren’t as they expected.
Not all firms are regulated and not all individuals are authorised to give advice and therefore we felt it is worth trying to clarify matters to help people know what to ask.