FECIF - The European Federation of Financial Advisers and Financial Intermediaries
  • SAVE THE DATE // 10/DEC/2015 // SAVE THE DATE
  • 2nd EUROPEAN FINANCIAL CONFERENCE 2015
  • 10 DECEMBER 2015 // BRUSSELS, BELGIUM
  • »SOCIAL WELFARE IN TIMES OF ECONOMIC STAGNATION:«
  • Can smart regulation stimulate private pensions?
  • 10th DECEMBER 2015 // Renaissance Hotel, BRUSSELS (BE)
fecif_db_button

 

ws2017-pannel_flagsFranceItalyEspaniaDeutschschlandCzechLuxembourgBelgium

See photos from the FECIF conference 2015

 

 

 

Paul StanfieldPaul Stanfield
Chief Executive at FEIFA / FECIF Secretary General

The value of advice – and the cost of being unadvised

There have been numerous studies over the years that have shown the value of good quality financial advice – not least, the fact that clients that receive it are, in general, significantly better off in retirement and much more financially protected during their life journey towards that point.

I was therefore very interested to see a recent survey that highlighted the serious issues that can arise when unadvised clients use guidelines or “rules of thumb” that are no longer valid. The survey, conducted by AEGON, made the point that income levels that used to be acceptable, and which many non-professionals still believe in, are now highly dangerous to their financial futures.

For instance, the survey stated that one in five people using a “rule of thumb” yearly retirement income of 4% will run out of money in 30 years – in other words, before they die in some cases. In addition, many of those individuals want and expect to pass assets on to future generations – many will not do so, or will pass on far less, with this sort of “planning” in place.

The report highlights the importance of personalised and professional financial advice, particularly regarding income rates and...

 

  
 

The European Federation of Financial Advisers and Financial Intermediaries (FECIF) was chartered in June 1999 for the defence and promotion of the role of financial advisers and intermediaries in Europe.

FECIF, the only body representing European financial advisers and intermediaries, it is based in Brussels, the heart of Europe.

 

 

Stay informed about our activities. Subscribe to our monthly FECIF Newsletter:

 

 
Share |

 17 May 2017
GSCGI - IFA’s WealthGram No 64: ERADICATING POVERTY in all its forms and dimensions >>read

 12 May 2017
Fuchs Family Office - Les marché des voitures de collection vu à travers les indices >>read

 09 May 2017
Portfolio Adviser - RDR has failed to bring advice to the masses >>read

 09 May 2017
International Investment - European distributors to reduce fund choice due to MiFID II: report >>read

 28 April 2017
Portfolio Adviser - Soaring compliance costs could eat up tenth of firms' revenue >>read

 

 

NEW: FECIF AGM 2016

 

 

 

 

 

 

 

fecif_logo

 

Fédération Européenne des Conseils et Intermédiaires Financiers (FECIF)
“Generali” Tower - Business Centre
Avenue Louise 149/24
B-1050 Brussels
BELGIUM

©2013 FECIF  |  Home  |  Legal Notice  |  Copyright  |  Contact

 

 

FECIF is a member of:  

 

 

 

concept & design by ivan cuk