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Stock Digest (press release)Worth Watching Hot Stock: UK Mortgages Ltd (LON:UKML)Stock Digest (press release)Active investor focuses on important indicators those changes daily in trading session that includes where the UK Mortgages Ltd (LON:UKML) stock price change moved UP, DOWN or UNCHNAGE? What is market ... Money flow index of this stock is 37.04.and more »
ChronicleLiveMean betrayal: Woman who burgled her neighbour's home was caught red-handed by husbandChronicleLiveMartin fled but was later found to have stolen the man's wallet, containing £100 cash, a credit card, driving licence and identity card. She finally admitted her guilt as the couple were on their way to court to attend her trial and claimed she did it ...
Evening StandardMoney expert defends the spending habits of woman, 30, who struggles on £40k salaryEvening Standard“It's far better that Sian minimises her reliance on expensive credit if she has parents who are obviously comfortable and happy to support the daughter they love. "I'm glad to hear she doesn't want to use a credit card, though any money that could be ...and more »
Telegraph.co.uk'I paid £954 for a deposit on a new kitchen then the company went bust. Have I lost it all?'Telegraph.co.ukPF, South West England. Had you paid by card it would have been so much easier to get your money back either via a “chargeback” for a debit or credit card or a claim under section 75 of the Consumer Credit Act, had it been a credit card. Unfortunately ...and more »
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Getting financial advice

It’s time to review your finances and make sure your money is working as hard for you as it possibly can. Somewhere out there are the right financial products for you but unless you have the mind of a forensic detective and understand the complexities of everything from insurance and pensions to hedge funds and derivatives get sound financial advice.

If you don’t already have someone in mind as an adviser one of the best ways to find someone good is to ask family, friends or colleagues for recommendations. You want someone who’s independent so that he or she can give you impartial advice about the whole range of products on offer. If you choose an adviser who isn’t independent they can only advise you on the products they work with. Some advisers specialise; if you want advice on pensions you might want and adviser who is a pensions specialist. Ask about the qualifications of anyone you are thinking of seeing.

The other question you have to ask is about how you pay for the service. You may choose an adviser to whom you pay fees upfront. Fees vary hugely so find out before you book your appointment. Try haggling to get the fees reduced if possible and ask for the first session to be free so that you get the chance to decide whether or not you have a rapport. The other option is an adviser who gets his or her fees through commission which you ultimately pay for because it’s added to the cost of the product you buy. Or you may pay for advice through a combination of the two.

Whoever you choose it’s helpful if you can build a lasting and trusting relationship which will make you both money for years to come. Remember that a financial plan made now needs to be reviewed frequently. What’s right for you in the current climate may not be right once the economy picks up again or if your circumstances change. The degree of risk you’re prepared to take with your savings and investments may be different when you’re single from when you’ve got a partner and children. Getting the right adviser is just the start of the process. 

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