27 June 2022 21:00

Is the financial advice on http://www.moneysavingexpert.com/ designed only for the high street consumer?

Who does Martin Lewis recommend?

MoneySavingExpert.com took the top spot with an average score of 88.8, meaning this percentage of users would recommend us to a friend or colleague.
YouGov’s Top 10 Most Recommended Brands 2021.

Rank Brand name Score
1 MoneySavingExpert.com 88.8
2 Wise (formerly TransferWise) 85.5
3 OnePlus 84.9
4 John Lewis 84.8

Where can I get free financial advice UK?

Other ways to get free financial advice online

  • Money Advice Service – Government-backed service offering free financial advice – www.moneyadviceservice.org.uk.
  • Citizens Advice Bureau (CAB) – Provides advice on money, benefits, employment issues and consumer issues – www.citizensadvice.org.uk.
  • Which? –

What is financial advice UK?

Financial advisers look at your personal circumstances and your financial plans and recommend products to help you meet your needs. There are two types of financial advisers: independent financial advisers (IFAs) give unbiased advice about the whole range of financial products from all the different companies available.

Is MoneySavingExpert com legit?

Overview. MoneySavingExpert has a consumer rating of 4.35 stars from 17 reviews indicating that most customers are generally satisfied with their purchases. MoneySavingExpert ranks 30th among Personal Finance sites.

Is Martin Lewis a qualified financial advisor?

Lewis founded the website MoneySavingExpert.com. He sold the website in 2012 to the Moneysupermarket.com group for up to £87 million. The 2021 Sunday Times Rich List estimated his wealth at £123 million.
Martin Lewis (financial journalist)

Martin Lewis CBE
Education The King’s School, Chester
Alma mater London School of Economics Cardiff University

Is money expert the same as money saving expert?

Money Expert cold-callers are nothing to do with MoneySavingExpert.com. MoneySavingExpert.com is warning people across the UK that we are in no way associated with energy cold-callers representing a company called Money Expert.

Is financial advice free?

Many advisers offer a first consultation for free. If you’re not sure if you need advice, you can make an appointment to find out what they can do for you. If you’re looking for general financial planning advice, or for advice on buying particular investments, you’ll likely pay a fee.

Why you should not use a financial advisor?

This means that even if they end up losing the money that you entrust them with, you’re still going to get a bill for their services. Not only does this system add extra, unnecessary risk and expenses to your investment strategy, it also leaves little incentive for a financial advisor to perform well.

Are Financial Advisors free?

There are many resources you may be able to turn to for free financial advice, depending on your financial or life circumstances. Some examples: Credit counseling agencies offer help with issues ranging from bankruptcy to student loan debt to a review of your overall budget and finances. Some services are free.

How does MSE make money?

How do they work? MSE Blagged deals are exclusive deals arranged by MSE. They will only ever appear on the site on editorial merit, because they’re the best deal of their type in the market. MSE shares the revenue from these deals (we have staff to pay) at similar values to market averages for non-exclusives.

Who is money saving expert owned by?

Founder and Executive Chairman Martin Lewis created MoneySavingExpert in February 2003 for just £100.

Who is money supermarket owned by?

Simon Nixon, the businessman who founded the price comparison site Moneysupermarket.com after dropping out of studying accountancy at university because it was “boring”, has landed a £200m windfall.

Is Martin Lewis a billionaire?

Martin has certainly put his money know-how to good use as he is now worth a fortune. The Sunday Times Rich List estimates he has a net worth of £123million. Martin set up his successful Moneysavingexpert.com for just £.