Financial Products Available

Where to source financial products

A good place to compare financial products is on the website of the Financial Services Authority (FSA). The FSA regulates the sale of most financial products and publishes information as well as up-to-date comparison tables for some products, for example savings accounts (including ISAs), mortgages, pensions and pension annuities.

You could also try:

  • the personal finance sections of newspapers (usually on Wednesdays or weekends)
  • specialist consumer magazines
  • text television – Ceefax, Teletext or digital services often have up-to-date interest rates and share values
  • the internet – to find particular products or general advice and comparisons
  • charities and non-profit organisations – eg the Pensions Advisory Service provides free general information on personal and company pensions
  • talking to different product providers about their own product range

What to look for

A lot depends on the type of product you’re looking for, but it’s important to bear in mind:

  • whether you’ll have to pay administration fees
  • any conditions – eg how long you’re committed for or cancellation penalties
  • whether there’s a ‘cooling off’ period after you’ve bought in which you can change your mind
  • the financial return you’ll get and when
  • whether it really fits your particular needs
  • the investment risk – eg what happens if the stock market crashes or you don’t keep up with payments
  • whether you’ll be liable to Income Tax, or Capital Gains Tax on your profits

Protect Your Finances

What an independent complaint scheme will do

An independent scheme will:

  • consider the details of your case
  • ask for extra evidence if necessary
  • decide whether your complaint is justified
  • if appropriate, order the firm to put matters right