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Jersey Evening PostWarning over 'crack cocaine' of gamblingJersey Evening Post... bookmakers your credit card and they just put money on the machine. It is the crack cocaine of gambling.' David Evans, deputy chief executive officer of the Jersey Gambling Commission, said that the majority of people gamble responsibly and urged ...
HeraldScotlandEdinburgh University paid for new principal to move his cat and dog from Hong KongHeraldScotlandPrincipals keep getting away with astronomical pay hikes, perks and bumper pensions, while all too many lecturers and support staff at Edinburgh are on precarious contracts, pay is stagnating, and now their pension is under threat.” A University ...and more »
This is MoneyDebt could force sandwich chain Eat outlets to close, as losses balloon to £3.7mThis is MoneyTHIS IS MONEY'S FIVE OF THE BEST CREDIT CARDS. Barclaycard's Platinum Extended Balance Transfer card gives 37 months of 0% interest on balance transfers for a 1.85% handling fee if made within the first 60 days. Make sure to clear the balance before ...
This is MoneyDyson files a lawsuit over rival vacuum company's claims that their cleaners have better suction powerThis is MoneyMost companies dread being told their products suck. But for rival vacuum cleaner companies Dyson and SharkNinja it is the highest of compliments – and they are set to defend their suction power in a court battle. US firm SharkNinja has doubled its ...
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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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