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Belfast TelegraphFTSE 100 Index pauses for breath after Macron-inspired riseBelfast TelegraphOn the currency markets, the pound pushed higher against the US dollar after an update on the UK's public finances showed Government borrowing had reached its lowest level in nearly a decade. Sterling rose 0.4% versus the greenback at 1.28 US dollars ...and more »
Telegraph.co.ukVirgin Money calms investor worries over credit card growthTelegraph.co.ukVirgin Money has sought to assuage investor worries that it has pushed too aggressively into credit cards after regulators raised concerns about the recent rapid rise in unsecured consumer credit. The challenger bank said that although its credit card ...Virgin Money say to keep growing credit card businessReuters UKVirgin Money keeps close eye on debt levels as credit card balances jump 8%Yahoo Finance UKVirgin Money share price dips as credit card and mortgage lending rises - but it keeps schtum on Co-op BankCity A.M.This is Money -Financial Timesall 23 news articles »
AOL UKThis growing business looks like a bargainAOL UKIn a trading statement released today, Virgin Money revealed sound progress in its British retail banking business. Mortgage balances are up 3% compared to a year ago, credit card balances elevated 8% and deposit balances lifted 3%. The firm continues ...and more »
Motley Fool UKThis growing business looks like a bargainMotley Fool UKIn a trading statement released today, Virgin Money revealed sound progress in its British retail banking business. Mortgage balances are up 3% compared to a year ago, credit card balances elevated 8% and deposit balances lifted 3%. The firm continues ...and more »
Money MarketingTony Wickenden: Need to know tax strategies on extracting profitsMoney MarketingLast week I looked at Government action in relation to the consequences of generating earnings/profits via employment, self-employment (including partnerships and LLPs) and private limited companies. Now I want to focus on the tax changes that will ...
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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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