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The SunPound to euro exchange rate – Sterling in muted climb as UK GDP grows by 0.3% in Q2The SunDon't pay for travel money with a credit card – it's likely you'll be charged a cash withdrawal fee which adds to the cost. Top up a prepaid card to lock in your rate now – Choose your card and read the T&Cs carefully as some apply hefty fees. WeSwap ...Pound to euro exchange rate – Sterling shows slight improvement after last week's lowsThe Scottish Sunall 18 news articles »
Review Calls for Pensions for Self-Employed BritonsChief Investment OfficerAn independent, government-commissioned review of modern working practices by Matthew Taylor, chief executive of the UK's Royal Society of Arts, has called on the British government to explore ways to improve pension provisions for the self-employed ...
This is MoneyI am applying for my first credit card to help me build up my credit score. What are the best options?This is MoneyEmma Gunn of This is Money replies: You would have thought that credit card companies would be champing at the bit to sign up new borrowers, particularly those who have been disciplined enough with their finances that they've had no cause to borrow ...and more »
This is MoneyHousing market under pressure as mortgage approvals fall for sixth consecutive monthThis is MoneyThe data - previously published by the British Bankers Association, which has now been absorbed into UK Finance - does not include mortgage approvals by building societies, which account for a big chunk of mortgage lending. Eric Leenders at UK Finance, ...Lowest number of new home mortgages approved for nine monthsAOL UKall 10 news articles »
Money MarketingPaul Lewis: Can we afford the state pension?Money MarketingThings look a bit better for the UK in another OECD table which counts all pensions, including occupational and personal ones too. Then we come ... Paul Lewis is a freelance journalist and presenter of BBC Radio 4's 'Money Box' programme. You can ...
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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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