A financial coach works on your habits with money, a financial planner models whether your money lasts, and a financial adviser gives a personal recommendation on a product, which only an FCA-authorised firm can do.
Subject: your behaviour with money. Where your money goes and the habits behind it. Coaching is not regulated financial advice. Buzz Money Coach is run by Buzz Accounting Ltd, the same company as us.
Subject: your numbers. Modelling your money forward, testing what breaks it, and turning that into decisions with dates. Planning without a product recommendation is not regulated financial advice, and we give no product recommendations.
Subject: products. A personal recommendation on a pension, fund, policy or mortgage, with the protections that come with regulated advice. Only an FCA-authorised firm can give it.
Subject: debts you are struggling with. Free, independent advice from StepChange, National Debtline and MoneyHelper. Contact details.
Coaching first, so the money is there to plan with. Then the plan, so you know what you are solving for. Then, if a product is needed, a regulated adviser, who receives your plan with the modelling done.
If you already have an accountant, financial planner or accountant sets out which questions each one answers.
We model what stopping at 60 compared with 65 does to your position. Which pension to move money into is a regulated recommendation, and we do not make it.
We show what a shortfall would cost your family. Which policy to buy, and from whom, is a regulated recommendation.
We show the effect of overpaying a mortgage compared with investing the same amount. Choosing an investment is regulated advice.
We show how your debts sit in the plan. Advice on what to do about them is regulated debt counselling, so we refer you to free specialist help.
When a decision needs a regulated recommendation we say so and can introduce you to Equity & General, authorised and regulated by the FCA (No. 474163). The introduction is optional. If you become their client, E&G pay Buzz a commission, and we tell you about it before the introduction.
Coaching. A projection can show that saving £400 a month closes a gap; coaching helps you find the £400. That is Buzz Money Coach.
Planning. Several pensions, a business and a stop date, tested together in the Financial Plan.
A regulated adviser. If you already know, for example, how much income protection you need, go to an FCA-authorised adviser directly.
Free debt help from StepChange, National Debtline or MoneyHelper, today. Planning can follow once the pressure has passed.
Buzz Money Coach and Buzz Financial Planning are both run by Buzz Accounting Ltd. Buzz Accounting Ltd is not authorised to give regulated advice. Equity & General (FCA 474163) is the authorised firm we can introduce you to.
An hour with a planner on whether the Financial Plan suits your position.
A written plan: every year to age 100 with UK tax applied, each risk measured in years, and your next ninety days.