Red Dot Group

Independent financial advice from Llandeilo, Carmarthenshire

Red Dot (Cymru) Ltd is a firm of independent financial services advisers. Its stated purpose is to help individuals, businesses and younger generations to plan and prepare for their financial future. The firm reports more than 20 years of experience helping clients and describes its adviser team as covering a broad range of financial services.

Advice is offered to individuals as well as to businesses of all sizes. The company presents its approach as making the financial advice process simple and enjoyable, and frames its work around building long-term relationships and tailoring recommendations to each client's circumstances.

Personal and business services

The firm's service range is organised into six areas, each presented as a distinct line of advice:

• Mortgages
• Protection
• Insurance
• Investments
• Pensions
• Retirement planning

Alongside these, Red Dot structures its guidance around what it calls financial life stages, from education years through early career, family and career building, pre-retirement, early retirement and later retirement. In the pre-retirement stage it raises the question of whether suitable income protection cover is in place; in early retirement it points to simplifying finances, and in later retirement to maintaining retirement income.

Financial education for schools and young people

A significant part of the firm's activity is educational. Red Dot runs an education programme aimed at teaching children and young people about money management at school and during further education. The material is designed to be easy to understand and to encourage discussion that expands the learner's knowledge base.

The programme is delivered through three strands: an education initiative through which Red Dot rewards can support a local school, college or university; a broader education programme covering financial awareness on money matters and key life skills; and virtual lessons using interactive learning formats.

Charities, clubs and community partners

Red Dot states that it supports local charities and the people who make up its community. Two named partnerships appear on the site: a Blue Light reward scheme for blue light workers, and a partnership with Hywel Dda Health Board, described as one of its charity partners, including an activity initiative in September.

Regulatory status and registered office

Red Dot (Cymru) Ltd is registered in England and Wales under company number 04254949 and is authorised and regulated by the Financial Conduct Authority, with FCA Financial Services Register number 302540. Its registered office is at 73 Rhosmaen Street, Llandeilo, Carmarthenshire SA19 6LW.

The firm notes that complaints can be sent in writing to that Llandeilo address, by telephone on 01558 825950 or by email to info@reddotgroup.co.uk, and that a summary of its internal complaints handling procedures is available on request. If a complaint cannot be settled with the firm, clients may be entitled to refer it to the Financial Ombudsman Service, which can be contacted on 0800 023 4567.

The guidance and advice on its website are subject to the UK regulatory regime and are therefore targeted at consumers based in the UK.