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The SunGBP to Turkish lira exchange rate – what is the exchange rate today and where's the best place to buy currency?The SunThe Sun Online has spoken with Hannah Maundrell, editor-in-chief at money.co.uk and she gave this advice. Don't buy cash at ... Don't pay for travel money with a credit card - it's likely you'll be charged a cash withdrawal fee which adds to the cost ...and more »
ForbesCleo Raises $10M Series A To Help Millennials Better Manage Their MoneyForbesIt already has 600,000 users in the UK, US and Canada, following a launch a year and a half ago, of which 94% are aged under 35. Each week 30,000 people sign up to use it. “Traditional financial products, such as overdraft fees or credit cards, don't ...and more »
How to stop living in an overdraft or help someone beat theirsDaddyhoodFor example, MBNA's low rate credit card doesn't have a 0 per cent transfer window but the rate is much lower than the default rates on other cards. It charges 4.9 per cent interest, plus a 0.5 per cent handling fee, on money transfers made in the ...and more »
Sky NewsRothesay leads race for £900m state-owned equity release loansSky NewsWhen it was established, UKAR largely consisted of mortgage loans issued by Bradford & Bingley and Northern Rock, both of which had to be nationalised. The Treasury-backed agency said in June that it had launched a process to offload the equity release ...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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