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Coventry LiveThis fake Amazon email scam is catching people out - what you need to knowCoventry LiveYour first port of call is the company or person that took your money. It may be worth seeing if you can get your money back from them – though if it's a scam, this route's unlikely. If you bought something costing £100 or more on a credit card, you ...
The GuardianPlan early and avoid debit cards: how to get the most from holiday moneyThe GuardianWhat consumers should avoid doing is taking out money from a cash machine using a credit card as most providers will charge interest from the day of withdrawal. Taking out cash ... If you pay in euros, your UK bank does the conversion for you. If you ...and more »
Financial TimesWould you say we were awesome, terrific, or just super great?Financial TimesAn unusual invitation arrived this week from the polling company YouGov. Apparently selected at random from a database of journalists, £15 was available to respondents, or the charity of their choice, in return for taking five minutes to fill in an ...
Daily MailBank details for sale on Google: Hackers are offering full ID including your phone number and PIN for £4Daily MailFraudsters are selling credit card and bank details stolen from British consumers on hundreds of open forums accessed through Google searches. .... She has also had money wired from her account all over the world from places she has never visited.
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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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