With so many financial products available it can be difficult to compare all the options and make the right decision for you. If you are confused by what is on offer, it's best to get independent financial advice.

You might consider getting financial advice especially if you are making long-term financial decisions, like:

• Planning for your retirement and looking at pension options
• Dealing with the financial effects of big changes in your life, such as separation or divorce
• Buying someone out of a joint mortgage or selling your portion of a house to the person you bought it with
• Investing for the first time
• Getting a mortgage
• Protecting you and your family against loss of income if you become ill or die

Think about your needs

You need to think carefully about what you want from an advisor. Do you need overall advice on financial planning or more specific advice about a particular decision or product? Being clear about what you want from an advisor will make it easier to choose the right type of advisor for your needs.

A qualified and experienced financial advisor can:

• Help you understand your own needs, plan ahead and become more financially secure
• Save you money and time by shopping around on your behalf
• Help you understand the risks involved in certain financial products
• Recommend the most suitable products for your needs

However, you may decide you want to deal with a financial services firm directly instead - so you need to consider all your options.