Frequently Asked Questions

At Bit Capital we offer independent financial advice on a wide range of products and services, and help you with your financial circumstances at different stages of your life. Those products and services include:

There are many reasons why financial advice can be helpful. For example:

Using an independent financial adviser, you will receive advice and recommendations that are likely to better meet your needs and circumstances.

Depending on the type of advice you are seeking, you are likely to get a larger selection to choose between, than you would realistically find on your own – many products are also only available to qualified advisers.

When needing to make important and potentially difficult decisions, such as early retirement, independent financial advisers will have the expertise to guide you through the process and provide the best advice based on your individual circumstances.

Having a plan for the short, medium and long term is important to maximise your money, and live life to the full. An independent financial adviser can assist in putting plans in place and reviewed on a regular basis, allowing you to relax and enjoy life, safe in the knowledge everything is being looked after.

Independent financial advisers can assist most of the tax reliefs and allowances available.

What is the difference between advised and non-advised financial actions? If you seek advice from banks, building societies and specialist brokers, many will talk you through the different options available but then leave it up to you to decide which option or product to go for. A situation like this is a typical example of non-advised financial actions and it only relies on your reading the information or listening to guidance to make your own decision. Generally speaking, they wouldn’t take a proper assessment to know if a specific option or product is suitable for your own needs or situation and you’re left with fewer rights to complain neither do they claim compensation if the option or product is unsuitable for you.

There are numerous times throughout life that you will find yourself needing financial advice. From planning your retirement to provision for your loved ones just incase you’re gone for good as a result of old age or unforeseen occurrences because life itself isn’t always guaranteed.

Some examples of when you may feel the need to seek advice are listed below;
– Assistance with making critical financial decisions
Complex and time-consuming issues

If you’re dealing with financial issues that could become complex and time consuming, the help of an independent financial advisor could be priceless. They should have the expertise to help advise on the best course of action, taking your current and future plans into consideration. These are the things we do at Bit Capital and We offer complimentary initial meetings to discuss your needs. This way, it’s easier for you to see the numerous benefits of working with Us.

We want to make sure that you are taking advantage of tax reliefs or allowances available.

If you want to take advantage of what is available to you for tax reliefs and allowances, our team of independent financial advisors are well equipped to help and ensure your plans are put in place and reviewed to maximize benefits.
– Investments
If you are thinking of investing in shares, unit trusts and other investments you may feel like you have the knowledge and confidence to buy these directly from a broker, provider or fund supermarket without getting advice, especially if you feel like you just want to top up what you already have.

However, these products may be more complex to understand and it’s not always easy to predict the outcome or how they work, whether you could impact any benefits or missing tax reliefs and allowances elsewhere.

If you do not seek advice then you are also likely to be limiting your options, and risk putting yourself in a situation where the product you choose is not suitable for you.