ARE YOU LOOKING AFTER YOUR OWN BEST INTERESTS?
If you rely on financial advice to make investment decisions, is the advice that you are receiving appropriate, reliable and from a credible source
Your investment choices must be well-informed and relative to your wealth and the level of risk that you are prepared to take – investments can go down as well as up
You must ensure you fully understand the risks and rewards of the products on offer and your capacity for loss
You should diversify your investments to help spread the investment risks. Putting all your money in one investment is highly risky.
Reducing the risk to local investors and protecting Jersey’s reputation are key responsibilities for the Jersey Financial Services Commission (JFSC). It is impossible for us to prevent every single case of investment mis-selling that affects Islanders, whether the adviser is licensed or not. If, however, a local adviser or company is found to be acting inappropriately we will deal with them accordingly.
By raising awareness, we hope to encourage local investors to reflect carefully on whether an investment recommendation is actually in their best interests.