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VerdictUK smart banks thrive as plastic payments overtake cash spendingVerdictFinancial trade body UK Finance has reported that credit and debit card spending overtook cash payments in the country last year for the first time ever. The trade body said that despite 2.2 million people in the UK still using physical money more than ...
Telegraph.co.ukThe must-see countries that are much cheaper to visit post-BrexitTelegraph.co.ukIf you are offered the choice between paying a card bill in sterling or the local currency, opt for the local currency. This option is being offered more and more often - both at restaurants, shops and hotels, and at cash points. It is highly unlikely ...and more »
Business Insider UKI book all my trips with a Chase Sapphire card that covers costly flight delays — doing this has saved me hundreds ...Business Insider UKHowever, if you pay for your tickets with a Chase Sapphire Reserve or Chase Sapphire Preferred credit card, you'll be covered by those cards' included trip delay insurance. You — and other travelers whose tickets you paid for with the card — are ...and more »
Newbury Weekly News GroupHelping people to make most of their money in retirementNewbury Weekly News GroupHe is a member of the Chartered Insurance Institute and Personal Finance Society and holds its diploma level qualification. Melvin, who specialises in pensions and investment planning, had been working with Ross Brooke for around five years when ...
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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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