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Yorkshire PostGrowing numbers of wealthy entrepreneurs are heading to Yorkshire, says studyYorkshire PostHe added: “Starting 10 years' earlier can make the difference of up to £571,000 in a pension pot by the age of 65.” The report reveals that overall wealth in the UK has grown by 4.5 per cent a year since the financial crisis of 2008, from £8.5 trillion ...
Daily MailHow to get out of credit card debt by financial expertDaily MailMs Campbell advocates getting on your Internet banking and calling your credit card providers for this - as well as making those awkward phone calls to the family and friends you owe money to. Next, she said you've got to live off 'cold hard cash ...
Business InsiderThis is the future of investing, and you probably can't afford itBusiness InsiderBig money investors have always sought an edge. Everything from ... Investors are able to use anonymous data gleaned from credit card statements, and the rise of online shopping, and the digital receipts we get in our email, is a also boon. That's ...and more »
Business Insider UKThis is the future of investing, and you probably can't afford itBusiness Insider UKBig money investors have always sought an edge. Everything from ... Investors are able to use anonymous data gleaned from credit card statements, and the rise of online shopping, and the digital receipts we get in our email, is a also boon. That's ...and more »
Express.co.ukFive-minute guide to Vanguard's new fund platformExpress.co.ukThe fast-growing fund house has operated in the UK for the past eight years, offering a range of passive index trackers known as exchange traded funds (ETFs), boasting some of the lowest charges in the industry. .... more competition will benefit ...
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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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