The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
This is MoneyHow to protect your pension: As stock markets yo-yo and annuity rates tumble... there are still ways to profit from ...This is MoneyA legal loophole lets unscrupulous firms set up in a country where watchdogs are less exacting than those in the UK — then flog risky investments, mortgages and loans to British customers online or by phone. Customers do not have the protection of the ...and more »
US Stocks Rally Amid Tuesday's 'Great Reprieve'Wall Street Journal (blog)U.S. Stocks Rebound as Markets Steady After Brexit Rout Financial markets showed signs of stabilizing Tuesday following sharp declines in the British pound and global equities after the U.K. voted to leave the European Union last week. ... Teachers ...and more »
Telegraph.co.ukSir Philip Green in BHS talks with Pensions RegulatorTelegraph.co.ukMr Field teasingly suggested the codename of the latest pension restructuring proposal should be called “Project Tina, as the money will be coming from her” – referring to Lady Tina Green, Sir Philip Green's wife and owner of the family's retail empire ...and more »
Telegraph.co.uk'Does the billing address actually matter for online shopping?'Telegraph.co.ukTelegraph Money spoke to John Marsden, identity and fraud expert at credit reference agency Equifax, for an explanation. He said: “In card acceptance terms, [retailers] should only deliver to the cardholder's address, but that doesn't work for all ...
How to Get the Most Out of Your Travel MoneyPOPSUGAR UK... at your destination. A lot of the best rates in the UK come if you plan in advance and change your money a couple of weeks before you travel. ... Credit cards almost always offer the best rates (provided you pay them off as soon as you get home ...
Have you met...
Latest Members:


marwasaf


lolo


danny


midomidi2013


asmaasaad


shazly


ser1es

 

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. 

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks