Financial guidance or advice?
Guidance
What's HL responsible for?
We’ll give you financial information and education to help you make informed decisions. This might be through articles, guides, tools and calculators.
What are you responsible for?
Unlike when you take advice, you’ll be responsible for making sure the decisions you make are right for your individual circumstances and your needs.
Advice
What's HL responsible for?
We’re responsible for making personal recommendations suitable for your needs and circumstances. A qualified and regulated HL adviser will provide these for a fee. We’re accountable for the recommendations we make.
What are you responsible for?
You’re responsible for making sure the information you provide to your HL adviser is as accurate and up to date as possible.
Should I take financial advice?
Completing this short quiz will assist you to decide the best approach to managing your future financial needs – whether that’s ongoing support, guidance or financial advice
1/5
What is the total value of your existing investments, pensions and money you are looking to invest?
2/5
What are you primarily looking for help with?
3/5
How much time can you dedicate to managing your finances yourself?
4/5
How comfortable are you in making your own investment decisions?
5/5
How soon do you want to take action to improve your finances?
You could benefit from advice
Your responses suggest that you have a good level of financial knowledge and confidence but might still benefit from additional support. Given your openness to professional advice and the complexities of your financial situation, consulting a regulated financial adviser could offer valuable insights and strategies. Engaging an adviser involves a paid service where they make personalised recommendations based on your needs. They are accountable for their advice, while you are responsible for providing accurate information. If you have specific financial goals and want more confidence in your decisions, seeking advice could be the right choice for you.
Book a free call More on financial advice
Advice may not be worth it right now
Based on the value of your assets and other factors, it may not be worth seeking paid advice at this time. While advice can provide tailored recommendations, the fees might not justify the benefits given your current asset value.
Pension guides and tools
We know saving for retirement can seem daunting. At HL, we're with you every step of the way so you can get retirement ready with confidence.
Learn to invest
We've covered what we think you need to know about investing, from investing essentials, to understanding how to manage behaviours to make the right decisions.
It seems you're not ready for advice yet
Your responses suggest that you might not be ready to act on financial advice immediately. That’s okay! You can take time to consider your goals and revisit advice when you're ready.
Pension guides and tools
We know saving for retirement can seem daunting. At HL, we're with you every step of the way so you can get retirement ready with confidence.
Learn to invest
We've covered what we think you need to know about investing, from investing essentials, to understanding how to manage behaviours to make the right decisions.
You could benefit from both guidance and/or financial advice
With your confidence in making your own decisions, you may find value in professional advice for more advanced strategies. Ultimately, the choice is yours as to whether you continue independently or explore our advice services.
Book a free call Learn more about financial advice
Pension guides and tools
We know saving for retirement can seem daunting. At HL, we're with you every step of the way so you can get retirement ready with confidence.
Learn to invest
We've covered what we think you need to know about investing, from investing essentials, to understanding how to manage behaviours to make the right decisions.
A chat with our helpdesk may be right for you
Based on your responses, it looks like you may benefit from using our execution-only services, such as help with opening or transferring an account, or accessing general financial tools.
Pension guides and tools
We know saving for retirement can seem daunting. At HL, we're with you every step of the way so you can get retirement ready with confidence.
Learn to invest
We've covered what we think you need to know about investing, from investing essentials, to understanding how to manage behaviours to make the right decisions.
Popular guidance articles
When do people choose to take financial advice?
Financial advice can be beneficial at any stage of life or when facing significant financial decisions. These are some of the most common times people seek financial advice:
- Life transitions - Events like marriage, buying a home, divorce, or children's education
- Career changes - Help with managing income, benefits, and savings
- Retirement planning - Strategies for saving, investing, and planning to ensure a secure and comfortable retirement
- Inheritance - Help with managing sudden wealth wisely
- Tax planning - Strategies to minimise tax liabilities and maximise savings
- Market fluctuations - Investment strategies to help navigate economic uncertainty
Cost of financial advice
Our financial advisers typically charge 1-2% of the assets advised upon (+VAT where applicable, minimum charges apply).
Advice on the transfer of any secured benefit, such as a defined benefit pension (a final salary pension), will be subject to a separate charging structure.
For an extra charge, ongoing advice is available on a yearly basis if you request it, or you can come back to us in future if your circumstances change.