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Yahoo Finance UK'Women still getting worse state pension deal than men'Yahoo Finance UKMoney magazine. Harry Rose, Which? Money editor, said: “Our evidence shows how variable people's state pension payments still are. Many pensioners will be shocked by the differences in average payouts to men and women and those qualifying under the old ...and more »
Mark Parker Sells 42436 Shares of Virgin Money UK (LON:VM) StockThe Lincolnian OnlineThe company offers current accounts; savings accounts, including cash individual savings accounts (ISAs), easy access accounts, fixed term accounts, limited access accounts, and children's accounts; first time buyer, buy-to-let, remortgaging, and ...and more »
The Scottish SunEdinburgh boasts TWO of best cheap restaurants in Britain – as recommended by famous chefs in new new 'Where ...The Scottish SunThe likes of Yotam Ottolenghi and Joshua Katz – who have legions of foodie followers – have shared their favourite places to dine from neighbourhood cafes to high-end restaurants in the new edition of Where Chefs Eat. 653 international chefs have ...
WalesOnlineCharity's head of finance went on £54000 spending spree with organisation's credit cardWalesOnlineBut for three-and-a-half years she was using the cards to buy things for self - in total spending some £53,673.02 of the charity's money. The court heard her thefts came to light by accident on November 6, 2015, when another employee of the ...and more »
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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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