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Daily MailNow it's the bank of granny and granddad! New 'intergenerational mortgage' will let grandparents borrow to fund ...Daily MailAnd it was also seeking to develop what he termed a 'reverse mortgage' so retirees could free up money in their homes for their own spending. ... Joe Garner, Nationwide's new chief executive, said: 'A huge proportion of the wealth of the UK is in property.
The EU Referendum Will Determine the UK's FutureTruth-OutWomen are often excluded from company pension schemes because they work part time and take breaks to have children. "EU law now ... It is a fact that EU funding has been critical in helping the UK film industry flourish: The Creative Europe program ...and more »
Daily News & AnalysisTata Steel may hold on to its UK steelworks, proposed sale may be put off: ReportDaily News & AnalysisTata Steel may still hold on to its UK steelworks and their proposed sale may be put off after a personal intervention by Prime Minister David Cameron who is keen on averting the collapse of Britain's steel industry ahead of the EU referendum, a media ...and more »
Business Finance NewsBank of America Corp: MBNA Surrounded by BuyersBusiness Finance News(NYSE:BAC) has put MBNA, the UK's biggest credit card company, for sale yet again, according to the Wall Street Journal (WSJ). Interestingly, Credit card business is ... The company has already 15% of the market share in the UK for credit card business ...
The IndependentWondering what your time is worth? £17 an hour – so don't waste it listening to hold musicThe IndependentI experienced my own moment of torture recently when I was trying to get through to speak to someone at my pension administrator when I discovered I'd suddenly been locked out of online access to my funds. I'd ring up (during work hours, ... but don't ...
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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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