Indo - "Meet the new Indo Money team"

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Meet the new Indo Money team: Our financial experts offer the best advice on saving, pensions, mortgages, investing and more

You might have noticed some changes to the personal finance channel on the Irish Independent website and app.
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Meet the new Indo Money team: Our financial experts offer the best advice on saving, pensions, mortgages, investing and more​

Introducing Indo Money – a dedicated hub for financial advice and a go-to source for all your money matters
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A certified financial planner and qualified financial advisor (QFA), Mr McGee

I know that the QFA is a very basic qualification.

But is the CFP not a much higher one? Or is it the Chartered Financial Planner which is the top one?
 
Brendan Burgess said:
But is the CFP not a much higher one?
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Any use? But I'm not sure which CFP it refers so, assuming that there are two (Certified and Chartered?)?

CFP v CFA: Compared

I'd heard of CFP before - a sort of high-class QFA qualification suited to advising wealthy individuals and businesses. But now I hear of another international qualification, CFA. Is the latter course covering essentially the same ground as CFP ? If so, is the perspective/emphasis different ...
www.askaboutmoney.com
For what it's worth:

Certified Financial Planner - Wikipedia

en.wikipedia.org en.wikipedia.org
 
I've only seen a little bit of his stuff on telly but from what I've seen he does seem to give reasonable/sound advice and nothing off the wall.
 
I am a bit biased because he has got some stuff very wrong in the past.

Eoin McGee: "It doesn't make financial sense to pay off your mortgage."

Our strategy has always been to repay our mortgage as quickly as possible while maintaining our lifestyle but having watched "How to be good with money" with Eoin McGee and following him on Instagram, we are wondering if that is still the right strategy. He suggests that investing into a fund is...
www.askaboutmoney.com

And I sent him this email in 2018, but I can't remember where he said it. It might have been on a radio programme, about how to work out if it was right to break out of a fixed rate early.


Hi Eoin


"If I were you I would be working out the saving per month and calculating how many months it will take before the cost of breakage fees etc will be covered and they start to make profit. If the number of months required is less than the new fixed term, then it may be a good idea to switch."


This suggestions is so far off, I wouldn't know where to begin to correct it.

You will find the correct approach and calculations here:

https://www.askaboutmoney.com/threads/it-may-be-much-cheaper-than-you-think-to-break-out-of-a-fixed-rate-early.204442/
 
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