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Unravelling complex 'will trust' laws  Brisbane TimesYou must include trust income distributions in your Australian income tax return and pay tax on them.
Property First-Time Buyer Special: Help to Buy — the lowdown  Metro Newspaper UKLAUNCHED in April 2013, the Help to Buy equity loan scheme was introduced to offer a lifeline to would-be purchasers struggling to afford a place of their own.
How to Save More Money in 2019  Yahoo Finance UKHoping to boost your savings this year? Whether you want that cash for emergencies, retirement, college, or a new home, this guide will help you increase your ...
Four members of London crime group convicted over supplying drugs linked to chemsex  TheJournal.ieThe Met Police led an investigation into the Brazilian gang for five months between March and July 2018.
Unsecured debt hits £15400 per UK household | Unsecured debt hits £15400 per UK household  Arutz ShevaWage stagnation, increased borrowing lead to sharp rise in household debt in Britain.
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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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