The Financial Conduct Authority (FCA)
Nestegg Financial Services is authorised and regulated by the FCA – the independent watchdog that regulates financial services. It has set guidelines and principles that we endorse. You can check our details on the register by visiting the website www.fca.org.uk/register or by contacting the FCA on 0800 111 6768.
Which service will we provide you with?
Independent advice – We will advise or make recommendation after we have assessed your needs. Our recommendation will be based on a comprehensive and fair analysis of the market.
The advice you receive will include evaluation of your circumstances and/or specific recommendation for an appropriate solution.
The cost of our services
Nestegg charges a fee for its services. These are outlined via ‘Service Propositions’. Your consent will be requested beforehand – which means no hidden surprises.
A fee will apply if you decide to go ahead. If you decide not to go ahead following our recommendation – the charge for the advice you’ve received will be invoiced accordingly. This doesn’t apply to Partnership mortgages.
Fees shown exclude VAT (which may be chargeable in some instances).
If you opt for Nestegg’s ongoing review service – an ongoing fee will apply and continue until you withdraw your consent. You can withdraw at any time by letting us know in writing and we’ll stop the ongoing fee the day we receive your instruction. Please note any outstanding arrears will though need to be settled.
Your payment options
We’ll normally request payment in stages; a commitment fee prior to commencing work with the final balance on completion of work as agreed.
We accept payment via cheque or BACs. It may be possible in some instances, if preferred, for fees to be deducted as an adviser charge – from the recommended product (where appropriate).
Are we covered by the Financial Services Compensation Scheme (FSCS)?
Yes we are covered by the FSCS. You may be entitled to compensation from the scheme if we cannot meet our obligations. This depends on the type of business and the circumstances of the claim.
Most types of investment business are covered for 100% of the first £85,500.
Further information about compensation scheme arrangements is available from the FSCS by visiting the website www.fscs.org.uk.
Nestegg Financial Services offer a personalised service on financial planning matters. We are wholly independent and so are free to recommend companies, products and solutions that are best suited to our clients needs.