The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Yahoo Finance UKVirgin Money keeps close eye on debt levels as credit card balances jump 8%Yahoo Finance UK"We watch the increase in consumer indebtedness closely and continue to lend responsibly to our prime books of mortgage and credit card customers who are showing no signs of strain in the current environment." The company added: "We prioritise asset ...
Belfast TelegraphVirgin Money keeps close eye on debt levels as credit card balances jump 8%Belfast Telegraph... the UK financial system, leaving banks exposed if their lending rules are too loose and people cannot make their repayments. Virgin Money said in its latest trading statement it was taking a cautious approach to lending and while credit card ...
This is MoneyTop pitfalls when you reach retirement and how to avoid themThis is Money... how much you'll need to put away to fund the retirement you envisage using This is Money's pension pot calculator. When you reach your state pension age, you also don't have to stop saving into your personal pension. As long as you're resident in ...and more »
City A.M.Virgin Money share price dips as credit card and mortgage lending rises - but it keeps schtum on Co-op BankCity A.M.The lender said it had made "strong progress" in the three months to the end of March, with mortgage lending rising £2bn, giving it a 12.3 per cent share of the UK's mortgage market. Credit card balances rose eight per cent to £2.7bn, while deposit ...Virgin Money wary of price war while credit card business surgesFinancial TimesVirgin Money gross mortgage lending slips in the first quarterNasdaqVirgin Money makes 'good progress' in first three months of new financial yearinsider.co.ukLondon South East (registration) (blog) -Proactive Investors UK -DIGITALLOOKall 10 news articles »
City A.M.Virgin Money credit card and mortgage lending rises - but it keeps schtum on Co-op BankCity A.M.The lender said it had made "strong progress" in the three months to the end of March, with mortgage lending rising £2bn, giving it a 12.3 per cent share of the UK's mortgage market. Credit card balances rose eight per cent to £2.7bn, while deposit ...Virgin Money wary of price war while credit card business surgesFinancial TimesVirgin Money makes 'good progress' in first three months of new financial yearinsider.co.ukVirgin Money gross mortgage lending slips in the first quarterNasdaqLondon South East (registration) (blog)all 8 news articles »
Have you met...
Latest Members:


yuanyuan


Upton


afnaan


mugs200


lw789


wqwq


adwhitco

 

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. 

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks