Financial advice in the UK has changed beyond recognition since the 1980s. What was once an unregulated industry built on product sales has evolved into a profession grounded in transparency, technical knowledge, and long-term client relationships.
In this special edition of The Financial Journey, Oscar Hjalmas sits down with Keith Baggette, founder of Baggette + Co. Wealth Management, to explore how the industry has evolved, what still matters most when it comes to financial planning, and where advice is heading next.
This is not a typical interview. Keith founded Baggette in the mid-1980s and has witnessed every major shift in the profession, from the introduction of regulation and compliance to the move toward fee-based advice and the rise of technology. Oscar and Keith discuss what worked then, what works now, and what the next generation of advisers will need to succeed.
Whether you are curious about how financial advice has changed, considering working with an independent financial adviser, or simply interested in the profession itself, this conversation offers insight into what good advice looks like and why it still comes down to the same principles: integrity, empathy, and helping people feel comfortable with their money.
Key Takeaways
- The 1980s advice industry was unregulated: advisers could set up practice without exams, qualifications, or regulatory approval.
- Regulation and transparency transformed the profession: compliance, disclosure, and suitability reporting raised standards and improved client outcomes.
- The shift to fee-based advice changed the relationship: moving away from commission-based product sales meant longer-term client relationships and more holistic planning.
- Technical knowledge matters more than ever: modern advisers need deeper expertise across pensions, tax, investments, and estate planning.
- The fundamentals have not changed: good advice is still about listening, understanding, and giving clients peace of mind.
- Technology has reshaped the industry: from dictaphones and paper files to platforms, AI, and digital communication.
- The future depends on new routes into the profession: traditional pathways through insurance companies and direct sales forces have disappeared, creating challenges for attracting new talent.
Watch the video
Video timestamps
00:07 – Introduction to Baggette & Co. Wealth Management
00:35 – Why Keith Founded Baggette & Co. in the 1980s
02:02 – What the Financial Advice Industry Looked Like in the 80s
03:14 – Early Turning Points That Shaped Baggette & Co.
04:05 – The Biggest Changes in Financial Advice Since the 80s
05:17 – The Shift to True Independent Financial Advice
06:29 – Why Long-Term Client Relationships Matter More Than Ever
07:54 – How the Role of a Financial Adviser Has Evolved
11:38 – What Hasn’t Changed in Financial Planning
12:34 – How Technology Has Transformed Wealth Management
13:24 – Making Financial Advice Simple and Easy to Understand
16:20 – The Future of Financial Advice in the UK
20:24 – Routes Into a Career as a Financial Adviser
21:49 – Advice for Aspiring Financial Advisers
23:15 – Oscar’s Journey Into Financial Planning
24:59 – Keith’s Decision to Step Back From the Business
27:03 – The Legacy Keith Wants to Leave at Baggette & Co.
28:01 – Building a People-First Culture in Wealth Management
31:37 – Core Values That Have Defined Baggette & Co. for Decades
34:36 – Final Thoughts on Independent Financial Planning
Full transcript
Introduction to Baggette & Co. Wealth Management
Oscar Hjalmas (00:07): Welcome to this special edition of The Financial Journey where today we’re going to be exploring the past, present, and future of financial advice. Today I’m joined by Keith Baggette, the founder of Baggette & Co. Wealth Management. We will be discussing how financial advice has evolved, where it is going, and Keith’s personal journey.
Oscar Hjalmas (00:29): So without further ado, thank you Keith for joining us today.
Keith Baggette (00:31): Hello. Hello.
Why Keith Founded Baggette & Co. in the 1980s
Oscar Hjalmas (00:35): So I would like to start from the beginning. Why did you start Baggette in the mid-80s and what motivated you to do so?
Keith Baggette (00:48): I started the company to a certain extent because that’s what you did. I have to go back a little previous to that. I joined Standard Life in 1981 and back in those days we were called inspectors or pension superintendents, not the boring title of consultant that it is now. And the role of that position within Standard Life was to call on IFAs, most were called brokers back in those days. And so you got to know the business. Obviously my job was to persuade them to promote Standard Life products, not Scottish Widows or whatever. But it gives you the sense of wanting to be one of the IFAs rather than one of the inspectors.
Oscar Hjalmas (01:37): Makes sense.
Keith Baggette (01:44): Yeah. So and I think also as a personality I was keen to work for myself. I think very early on I discovered that I was probably quite unemployable. So that was the motivation.
Oscar Hjalmas (01:51): Couldn’t possibly comment on that. You’re a delight to work with. I don’t know why you would ever say that.
Oscar Hjalmas (01:57): So what was it like back then? What was the financial advice industry like?
What the Financial Advice Industry Looked Like in the 80s
Keith Baggette (02:02): There are many constants but of course there are a lot of differences and I think the key difference would actually be compliance and regulation. When I started, I opened a company and called myself an adviser.
Keith Baggette (02:30): Your major challenge then was managing to open up agencies with insurance companies. Okay? You didn’t have to go and ask any kind of regulator for permission and suggest that you were good enough to be an adviser. Okay.
Keith Baggette (02:50): So, it was literally you know, opened, get an office and open the door.
Oscar Hjalmas (02:55): Did you have to do any exams?
Keith Baggette (02:55): No. No. Okay.
Keith Baggette (03:01): I’m not sure when the FPC, the Financial Planning Certificate came in, but it was quite a bit later because I think I passed mine in ’95, something like that.
Early Turning Points That Shaped Baggette & Co.
Oscar Hjalmas (03:14): So was there any turning point in the business for you? So after you’d started, was there anything that happened that you went, okay, I’m good at this or this really has legs, this is where I want to stay for the foreseeable?
Keith Baggette (03:33): I think there were a number of turning points. To be honest, when I first started the primary business was around mortgage work and low-cost endowments and this sort of thing. Personal equity plans. Now ISAs hadn’t even been thought of back in those days. True. So, you know, your fairly standard work would be arranging a private pension for somebody or doing mortgage work. So it evolved, that started.
The Biggest Changes in Financial Advice Since the 80s
Oscar Hjalmas (04:05): So what would you say is the biggest change? So obviously there’s been a lot of changes but what would you say are the biggest changes since then? So we’ve obviously mentioned compliance but from a financial adviser’s perspective.
Keith Baggette (04:18): Well I think the complexity and the rise of what we used to refer to as unit-linked, because when I first came into the industry, with-profits was king.
Keith Baggette (04:41): Mhm. Okay. And there were some advisers and the now defunct direct sales forces, all like Dunbar Abbey Life, they were unitised, they didn’t have anything such as with-profits. Okay, it was the old school companies like Standard Life with-profits. So it was the main independent advice industry that started to realise there was unit-linked up here and they started to move into that. So that was a big change.
The Shift to True Independent Financial Advice
Oscar Hjalmas (05:17): Would you say that was the biggest positive change as well? The whole independence piece because arguably you moved away from flogging products to actually being an adviser.
Keith Baggette (05:28): There was an element of selling products. But I think, I’d like to think that I was an adviser from the word go. But you know, let’s not beat around the bush. I mean, we used to earn commission, and it didn’t even have to be declared to the client when I started. So, you know, and that was when regulation came along, you know, those were the slow changes. The quotation suddenly included commission expressed as a percentage. Then later on commission had to be expressed as pounds, shillings and pence. And there were those in the industry that thought that was the end of everything.
Oscar Hjalmas (06:07): Yeah. That clients would never take on what you’re recommending.
Keith Baggette (06:12): But indeed what you always find with all of these changes, however negative you think they are to start with, they’re actually mostly quite positive.
Why Long-Term Client Relationships Matter More Than Ever
Oscar Hjalmas (06:29): Well, yeah, so now we have a very different business model, don’t we? So we charge, and I don’t mean you and I, but the industry as a whole, tends to charge very little upfront or less upfront than we used to, and then it’s more about the ongoing relationship, isn’t it?
Keith Baggette (06:41): Yes.
Oscar Hjalmas (06:41): And would you say that’s one of the big positive changes as well that actually you get to know your clients, you get to spend a lot more time with your clients and that’s what I said when I said before about flogging products, it’s more the long-term relationship that you’re looking for with people. We’re not necessarily looking to do a one-off transactional business and we’ll see you in 10 years.
Keith Baggette (07:04): That is the massive change. You know, if you go back, other than a little bit of premium renewal, there was very little ongoing. I think the very few companies that were starting to put together unit trust portfolios for clients, possibly those unit trusts used to pay half a percent, something I honestly can’t remember.
Keith Baggette (07:29): But yes, you know, the move to that method of remuneration and the concept of a longevity relationship with the client certainly evolved post-Financial Services Act.
Oscar Hjalmas (07:48): That’s really good to hear actually.
How the Role of a Financial Adviser Has Evolved
Oscar Hjalmas (07:54): And would you say then that the skills of a financial adviser have shifted with that? Because you’ve been through a few big events in financial advice that have seen some advisers leave the industry. So the skill set needed to operate in the current environment is very different I would argue than it was in the early 90s.
Keith Baggette (08:11): Again, I would say that there’s an element of that. I think the first point I would say was that when the Financial Planning Certificate became mandatory, the first two papers were easy, anybody could pass them. The third paper, well, if you’d been in the industry for five minutes, yeah. The third paper was a little more difficult and there were a number of, I won’t say older but longer serving, very seasoned advisers, actually really struggled with that third paper and never passed it and indeed left the industry.
Oscar Hjalmas (08:59): Okay. Yeah.
Keith Baggette (09:08): And I think that was something of a sadness because all that experience, you know, went from the industry. But beyond taking exams I’m not so sure that skills have changed that much.
Oscar Hjalmas (09:15): Oh, I like that.
Keith Baggette (09:20): Yes. I think every adviser today needs to be or have a great deal more technical knowledge than perhaps we did have in the 80s. And again that’s a generalisation. It might be slightly arrogant to say that didn’t affect me too much because I had a good level of pensions knowledge and I built Baggette & Company on that pensions knowledge and being quite technical.
Keith Baggette (09:47): But I do think your average adviser today is far more knowledgeable about a broad range of subjects than perhaps they were back in the 80s and 90s.
Oscar Hjalmas (10:02): Yeah. But you’ve lived by that because at Baggette & Co. you’ve always pushed everybody to do exams. Yes. You’ve always encouraged it, and as far as I know, well, definitely from when I started, you’ve always paid for people’s exams fully. You’ve always given people time off and you’ve always encouraged study. So, actually, even when I took over the business, a lot of our paraplanners were Chartered. Most of the financial advisers are Chartered, and the firm is Chartered, which is obviously a testament to you because it’s a lot easier to run a firm.
Keith Baggette (10:33): I was only going to say that knowledge gives you confidence. Mhm. You know if you’ve got that technical knowledge there and a client asks you a question, a difficult one, well, you’ve got two choices. You’ve either got “I’m sorry, I don’t know. I’ll come back to you.” Or you could say, “Yeah, I can answer that one. Off you go.” And clearly the second option’s quite a bit better.
Oscar Hjalmas (11:07): But I personally found that as long as you’re honest with people, and I think you get away with it once or twice in a meeting, saying, you know what, great question, yeah, I just want to double check the details on that. But if that’s your answer to every single question, it gets a little bit embarrassing.
Oscar Hjalmas (11:19): Oh, the third time you’re like, is it worth talking to these people? Yeah. Who knows more, you or me? Yeah. Exactly. So, in the industry then, so we talk a lot about what has changed. The things that haven’t changed like you said is the skill and the interpersonal skills.
What Hasn’t Changed in Financial Planning
Oscar Hjalmas (11:38): Yes. What has changed is the fact that you have to have more knowledge to be able to be a financial adviser. Anything else you feel that hasn’t changed that hasn’t moved on from the 80s and the mid-80s?
Keith Baggette (11:51): Nothing is springing to mind that hasn’t changed.
Keith Baggette (11:58): No, I think everything else in one way or another has changed. Yeah. You know beyond what we’ve spoken about. There may be people out there that completely disagree with me, but you know, answering off the top of my head, Oscar, I can’t think of anything else that it’s much more about change.
Oscar Hjalmas (12:21): Yes, but not change.
How Technology Has Transformed Wealth Management
Oscar Hjalmas (12:34): Absolutely. And I mean, we use it often, we use a lot of technology, you know, we try to streamline processes. Like, yeah, okay, yes, you’ve just corrected me, and you’re right, technology has massively changed. I used to do some notes on the Amstrad computer that got very full very quickly, I seem to recall. Yeah, technology, yes.
Oscar Hjalmas (12:47): And I seem to remember whenever I came into the office on a Saturday that you used to sit in your office, and I used to think you were crazy because you were talking to yourself. And then I realised you weren’t talking to yourself. You were using a dictaphone, and that’s how you wrote all of your letters.
Keith Baggette (13:03): Saturday morning was quiet time. Nobody else in the office. Nobody knocking on the door, no telephones ringing, complex, sometimes complex reports on the dictaphone.
Making Financial Advice Simple and Easy to Understand
Oscar Hjalmas (13:24): Yes. Yeah. Which is really good because actually, you know, we’ve continued your way of working there because we are very proud of the fact that we write a lot of stuff now and we try and explain it to clients in a way that they can understand it. There’s no point. You know, we’ve had this conversation in the past about suitability reports and both you and I feel that suitability reports are great and they definitely serve a purpose, but actually the letter that you send clients after the meeting explaining where they are, yeah, what they’ve got and what our suggestions are in a very simple one, two, three step, is probably what they talk to you about more than the suitability report because they understand it.
Keith Baggette (14:05): It’s an interesting point, and I’ve had many conversations with compliance officers over the years about this and on that very point. One thing I can remember is that suitability letters on the basis of regulation guidance were getting more and longer, more and more complicated and so on and so forth. So what I wanted to do was exactly what you’ve just said. Give the client a basic summary of what you’re about to go into detail about. But you know, frankly, on that page is the nub of my advice to you, Mr & Mrs client.
Keith Baggette (14:36): I remember that being shot down in flames by a compliance officer on the basis that the compliance argument was that the client would only read the first page and wouldn’t then read all the rest of the details.
Oscar Hjalmas (14:54): Yeah. Which I suppose I can understand the basis of that argument. But yeah, but I feel like we encourage people to obviously engage with the advice, to read the suitability report and understand it as much as possible.
Oscar Hjalmas (15:19): And I think that’s why for me what you do is gold because they’re not going to understand it all in depth because if they did either they wouldn’t need us. Yeah. Yeah. Or they’d be financial advisers themselves.
Oscar Hjalmas (15:42): Yes. Yeah. But what they need to do is need to understand the overall advice. They need to understand the overall direction and you need to give them comfort. And I think you told me that ages ago. What is your job as a financial adviser?
Keith Baggette (15:49): Yeah. And it’s to make people more comfortable with their money. Yes. And if you’ve done that, you have done your job.
Oscar Hjalmas (16:00): Yeah. Yeah. Yeah. I’d often refer to it as give the client the sleep at night factor. Yeah. Absolutely. And sending them a massive thick report that they might not understand doesn’t necessarily achieve that. But giving them something they can digest and hold and go, okay, I understand this. That’s great.
The Future of Financial Advice in the UK
Oscar Hjalmas (16:20): So, we’ve talked about the past, talked about the present. What about the future? Where do you see financial advice going in the next 10 to 20 years?
Keith Baggette (16:32): That’s a good question. And I’m not sure I know, Oscar. You know, given the changes I’ve seen over 40 years, anything could happen.
Keith Baggette (16:44): I’m not so sure that we haven’t got a pretty good model now.
Keith Baggette (16:51): The options available to clients for seeking independent advice, having platforms, having the ability to have money managed. Um, it seems to me we’re getting close to a situation, if it ain’t broke, don’t fix it.
Keith Baggette (17:13): But I’m sure technology and, of course, stuff that you understand a lot more than I, such as AI.
Keith Baggette (17:19): You know, AI, to me, we used to be on the old main road up north. But, that clearly must have some sort of impact. But right now clients have their options: independent advice, the online options, or no advice.
Keith Baggette (17:50): So you know where it will go, I don’t know. I think the industry will struggle in adviser terms. When I started, there were two main routes to becoming an independent adviser: either the route I had, which was that you worked for an insurance company, and after you were ready, you could set up your own business. The other route which is all but gone was through the direct sales forces.
Keith Baggette (18:31): But you also had the old what we used to call industrial branch. That’s the man from the Pru. Oh, I didn’t know that. Okay. You know, and it’s all gone. It’s all gone.
Keith Baggette (19:11): So there were all these routes that frankly have all but gone. And so we’re having to rely on new blood coming from people choosing to do something like a financial services degree at university. And of course there’s no experience with that, is there?
Oscar Hjalmas (19:23): No, there isn’t.
Keith Baggette (19:31): I know some of the bigger companies have very good training programmes.
Keith Baggette (19:58): Statistically I think it’s still the case that the average age of an adviser in the UK is 57 or 58 or something.
Keith Baggette (20:09): Like myself, you know, okay, I’m 65 nearly and I’m not planning on retiring fully for some time, but you know I know I can’t go on forever.
Routes Into a Career as a Financial Adviser
Oscar Hjalmas (20:24): So you’ve raised some very interesting points there because for me right now there’s really two ways into the industry. One is the direct route either by training or just doing your exams and becoming a financial adviser, or the other one which is probably the most normal one and the safer route is to work in client servicing, study, get your diploma or a certificate, become a paraplanner, and then become a financial adviser.
Oscar Hjalmas (21:00): One thing I’ve always mentioned about that route when I talk to young aspiring financial advisers is that it’s a little bit, and I use a dressmaker as my analogy. Working in client servicing is like sourcing material. Working in paraplanning is like making the dress. And being a financial adviser is working on the shop floor and selling the dress. Those skills aren’t necessarily that transferable between each other.
Advice for Aspiring Financial Advisers
Oscar Hjalmas (21:49): So then what advice would you give somebody who is an aspiring financial adviser who wants to become a financial adviser? What would you tell them to do?
Keith Baggette (22:03): Study. Try to gain experience in the ways that you’ve just described. But I think the most important thing is to try and latch on to an experienced adviser and learn from them, but also ask them, “Do you think I’ve got what it takes?”
Keith Baggette (22:34): Personally, I think somebody who clearly lacks empathy can become a brilliant technical adviser, but it’s not advice in my world.
Keith Baggette (22:55): The only way is rather than trying to cut your teeth on clients and failing miserably. I think it’s far better to latch on to an experienced adviser and take guidance. Take good guidance.
Oscar’s Journey Into Financial Planning
Oscar Hjalmas (23:15): That journey sounds quite familiar to me. I’m not trying to blow my own trumpet here. No, but that’s what we did. For us and how we’ve always worked, and how you’ve supported me throughout this, I’ve gone and seen the clients myself. You’ve been in very few of my meetings. But then I’ve written a report. I’ve done a file note. I’ve written the whole case up. I’ve got an idea in my head of what I want to do, but then I’ve come to you. Usually I’ve been able to grab you, given you my file and said, “What would you do?”
Oscar Hjalmas (24:13): And that way you’ve been able to either give me guidance or go, “Have you thought about this? Have you talked to this person?” And that really helps you accelerate.
Oscar Hjalmas (24:20): It’s a lot easier, isn’t it?
Keith Baggette (24:20): Oh, absolutely. Absolutely.
Oscar Hjalmas (24:26): It’s akin to don’t come to me with a problem, come to me with a series of solutions, isn’t it?
Keith Baggette (24:31): Yes.
Keith’s Decision to Step Back From the Business
Oscar Hjalmas (24:51): So, one of the last things I wanted to ask you is, back in 2023, you made the decision to step back slightly from the business. Could you tell us your thought process there and how that felt, and any lessons that could potentially be learned from that?
Keith Baggette (25:12): It’s a very personal decision. And I can honestly say that, probably even 18 months before, if you’d told me that I might be doing that, I probably would have laughed at you.
Keith Baggette (25:29): There comes a point in your life. My life had personally changed for the better, and I was more comfortable with the concept of enjoying life outside of work.
Keith Baggette (26:04): The big factor was that I did have in you somebody I felt confident about offering for you to take over the baton and take my company forward in ways that I know I couldn’t do.
Keith Baggette (26:33): It was just the right time. And frankly, you’ve also got to have a sense of your own mortality.
The Legacy Keith Wants to Leave at Baggette & Co.
Oscar Hjalmas (27:03): What would you like your legacy to be then?
Keith Baggette (27:09): It isn’t necessarily that you carry on calling the company Baggette & Co. for forever. I’m pretty attached to the name, but it would be nice that the way that I structured that company to look after clients continued. That’s why I didn’t sell out to a faceless consolidator.
Keith Baggette (27:56): I would hope that above anything else, that ethos would continue.
Building a People-First Culture in Wealth Management
Oscar Hjalmas (28:12): One of the things you’ve definitely taught me was to also look after the people in the business. You’ve always done that.
Oscar Hjalmas (29:45): This is the only place I’ve ever heard of where we literally have a physical boomerang in the office, and we call people who leave and come back boomerangs.
Keith Baggette (31:10): I generally say, “Is there any way that we could talk about you staying?” And if there isn’t, I’d say, “Well, look, I wish you all the best of luck and don’t be a stranger.”
Core Values That Have Defined Baggette & Co. for Decades
Oscar Hjalmas (31:37): So what would you say are the core principles that have really stood the test of time at Baggette & Co.?
Keith Baggette (31:44): An old mentor of mine had a favourite saying in Latin, which was “uber fides”, loosely translated to utmost good faith. And I think that would be a good starting point for a core value: integrity. And that has got to last forever.
Keith Baggette (32:18): I think that having that empathy for clients, you know, to use an old saying, you’ve got one of these and two ears. Listen. All of the basics. It’s not rocket science. It’s just giving as good a service as you possibly can. Making the client feel as comfortable as they can, trying to make them as sure as you can be that they understand most of what you’re saying, and make sure they feel that what they’re getting is quality advice, quality personalised advice.
Oscar Hjalmas (33:06): I could be wrong, but I don’t care where AI goes. People will always want the human touch, and if they trust that person, they will always go to that person.
Keith Baggette (33:18): I think you’re 100% right.
Final Thoughts on Independent Financial Planning
Oscar Hjalmas (34:36): Well, Keith, thank you so much for spending time with us today on The Financial Journey. Really appreciate it. Always lovely to talk to you even in this formal setting.
Keith Baggette (34:43): Thank you.
Speak to an Independent Financial Adviser in Dorset About Your Financial Plan
Thinking about your financial future is one thing. Feeling confident about the decisions you are making is another. The difference is having someone you trust to listen, understand, and help you move forward with clarity.
At Baggette + Co. Wealth Management, we support clients across Dorset and Hampshire with independent financial planning that brings calm to decisions about pensions, investments, retirement, and longer-term goals. As an independent and Chartered firm, we take a whole-of-market view and help you build a plan that fits your circumstances and priorities.
Whether you are thinking about retirement in the next 10 to 15 years, building wealth, managing an inheritance, or simply want to feel more confident about your finances, the right adviser gives you peace of mind. We help you move forward without relying on assumptions or leaving important decisions until they feel urgent.
If you would like a straightforward conversation about where you are today and what might need to happen next, speak to Oscar Hjalmas on 01202 676 983 or email [email protected].
FAQs about financial advice and working with an Independent Financial Adviser
Independent financial advisers can recommend products and solutions from across the whole market. Restricted advisers are limited to certain providers or product types. Independence provides stronger assurance that advice is in your best interests and not influenced by product relationships.
Not necessarily. Financial advisers work with clients at different stages of their financial journey. Some advisers specialise in high-net-worth clients, while others work with people building wealth or planning for retirement. The important thing is finding an adviser whose service model fits your circumstances.
Most independent advisers now charge fees rather than commission. This might be an initial fee for advice and recommendations, an ongoing fee for portfolio management and annual reviews, or both. Fees are agreed in advance and fully disclosed before you commit to working with an adviser.
Look for advisers who are authorised and regulated by the Financial Conduct Authority. Chartered Financial Planner status indicates higher qualifications and ethical standards. You can verify credentials through the FCA register.
Financial advice has moved from an unregulated, commission-based industry to a transparent, fee-based profession. Modern advisers need deeper technical knowledge, provide documented recommendations, and focus on long-term client relationships rather than one-off product sales.
Technical knowledge gives both the adviser and the client confidence. An IFA who understands pensions, tax, investments, and estate planning can answer complex questions, spot opportunities, and help you avoid costly mistakes. It also means you spend less time waiting for answers and more time making decisions.
Technology has transformed how advisers work, from research and portfolio management to client communication and reporting. However, the fundamentals of good advice have not changed. Technology supports the process, but the human relationship, empathy, and understanding remain central.
Yes. Retirement planning is one of the core areas where financial advisers add value. This includes pension consolidation, investment strategy, tax-efficient drawdown, inheritance planning, and creating a sustainable income for the rest of your life.
If you are making decisions about pensions, investments, retirement income, inheritance, or long-term financial security and want to feel confident you are making the right choices, financial advice can help. Even if you are comfortable managing money yourself, an adviser can provide a second opinion and highlight opportunities you might have missed.
Baggette + Co. Wealth Management provides independent financial planning to clients across Bournemouth, Poole, and the wider Dorset and Hampshire area. We are independent, Chartered, and focused on helping clients build confidence in their financial decisions.
DISCLAIMER:
Baggette + Co. Wealth Management is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate tax planning, cashflow planning and estate planning. The above information is correct to the best of our understanding as at the date of publication. Nothing within this content is intended as, or can be relied upon as, financial advice. Capital is at risk. A pension is a long-term investment not normally accessible until age 55 (57 from April 2028 unless the plan has a protected pension age). The value of your investments (and any income from them) can go down as well as up which would have an impact on the level of pension benefits available. Your pension income could also be affected by the interest rates at the time you take your benefits. The tax implications of pension withdrawals will be based on your individual circumstances, tax legislation and regulation which are subject to change. You should seek advice to understand your options at retirement. Tax rules may change, and the value of tax reliefs depends on your individual circumstances. Your property could be repossessed if you do not keep up repayments on a mortgage, or any debt secured on it.
