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Jersey Evening PostUniversity 'spent £1600 on bringing new boss's dog to Britain'Jersey Evening PostA university spent more than £1,600 of public money on transporting its new vice chancellor's dog from Australia to the UK, an investigation has found. The University of Surrey paid the money as part of £15,000 relocation allowances to Professor Max Lu ...and more »
The Westmorland GazettePROPERTY: Beware the ticking mortgage timebombThe Westmorland GazetteThe next two predicted peaks in 2027/2028 and 2032 include less affluent people who could be more at risk of cash shortfalls. Lenders have been writing to customers before their mortgage matures, but the FCA says customer engagement rates with firms ...and more »
Daily MailEXCLUSIVE: The FAKE ski chalet websites scamming unwitting customers out of tens of thousands of pounds (and ...Daily MailOne skier told MailOnline that she smelled a rat when swissalpschalet.com demanded she paid by bank transfer and pulled out of the deal before she was duped. The reason scammers love bank transfers is partly because setting up credit card systems ...and more »
Jersey Evening PostWarning over 'crack cocaine' of gamblingJersey Evening Post... bookmakers your credit card and they just put money on the machine. It is the crack cocaine of gambling.' David Evans, deputy chief executive officer of the Jersey Gambling Commission, said that the majority of people gamble responsibly and urged ...
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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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