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Financial planner v IFA

1 reply

MilkMonitrix · 14/03/2025 08:18

I'm thinking of taking some advice from a professional- we are about 5 years off (planned early) retirement and I'd like someone to advise on the income level we could achieve with our current investments and savings, run the numbers with various levels of growth and advise on investment strategy for the next stage, then run it all when we get to that point.

Is that a planner or an IFA? I'm not clear what the difference is. Both appear to be regulated by the FCA as far as I can see.

OP posts:
tattychicken · 14/03/2025 12:41

I think a Chartered Financial Planner is an IFA who has completed further studying and qualifications to earn the Chartered status. So I imagine would also charge more as you are getting access to greater knowledge/experience.

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