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Nick

Who do you ask?

Various things have conspired to make us want to look at our finances and restructure, I believe is the term. Part is changing the mortgage, and part is making our assets more tax efficient and part is sorting out inheritence tax planning/forthcoming potential University bills.

Who do we ask for sensible advice? IFAs seem to say just buy shares. Banks? Tax accountants? I'm a bit lost. Any advice, please?
Snowball

A decent accountant would be your best bet I think. also have a look at money saving websites, they can be quite useful.
Treacodactyl

I'd only consider an accountant if it's someone you really trust.

I think what you're after is a financial planner but I don't go much on job titles. You need someone who'll advise you what to do but not to sell you stuff.

I've used a financial adviser in the past but now I use an execution only service which means I mostly don't pay initial charges and I even get some of the yearly fees back.

Oh, and what about your pension young man?
Nick

Pensions fine actually, and work pay for an independant financial advisor for that. Its the here and now of huge tax bills because various things are badly organised plus my requirement to borrow some more soon. Smile
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Treacodactyl

Do you have a good accountant and, if so, can they advise or give you details of someone?

Are your circumstances simple or more complicated? I tend to rootle around online these days, the MSE site or places like Which?

Is this sort of thing any help?

http://www.which.co.uk/money/tax/guides/30-ways-to-save-tax/
http://www.moneysavingexpert.com/savings/best-financial-advisers
baldybloke

I have a friend in Tewkesbury who is a Financial Advisor who I trust. If you want his contact details, PM me and I'll send his details.
alison

I would go with accountant.

Ours is wonderful, and as they specialise in agricultural business they actually understand what we do too.
Rob R

Our bank had an independant financial planner to do this for us, which was nice, until she concluded that we didn't have any finances to plan...
Cathryn

Both, accountant and independant financial adviser, then make your own decision about whose advice to take? No-ones infallible but some are more infallible than others. The bank as well for that matter although you will then receive personal phonecalls from them on a weekly basis.
Nick

Do you have a good accountant and, if so, can they advise or give you details of someone?

Are your circumstances simple or more complicated? I tend to rootle around online these days, the MSE site or places like Which?

Is this sort of thing any help?

http://www.which.co.uk/money/tax/guides/30-ways-to-save-tax/
http://www.moneysavingexpert.com/savings/best-financial-advisers


I don't have an accountant at all. I've done self assessment for myself for the first time this year, previously all PAYE. Finances involve myself and wife. And, suddenly, several properties and streams of income, and tax bills, and grown up planning. Smile
Rosemary Judy

There has been a series in the Money pages of the Saturday Telegraph that finished last week, and included a summary.

I spent a couple of hours yesterday doing what they suggested and am now feeling much happier about my money...this may only be a starting point for you, but it helped me.

I may be able to rescue it from the recycling pile and send it to you, if that would be any help at all.....
or it is currently here : Devise your own financial plan for the future
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