Which? Money weekly podcast, 27 April 2011
- Fixed-rate savings accounts: how the banks treat you when your deal matures
- Financial advice: decoding the qualifications and how to pick the best adviser
- Tying the knot: how to save on a wedding if you don't have a Royal budget
This week: Fixed-rate savings investigated, financial advice and save on a wedding
In the current economic environment, getting a fixed interest rate to lock in your savings can be a smart move. You usually get a decent rate and a set time for your cash to grow. But what happens when your fixed-rate savings mature? A recent Which? Money investigation has uncovered poor practice and unclear information by certain banks and building societies. In this week's podcast, our Money team gives you the lowdown and top tips on what you need to do to maximise the growth potential of your savings.
In addition, we talk to Which? Principle Researcher Martyn Saville about navigating the maze of financial advice. New rules coming into force from 2013 will mean financial advisers will need to meet a minimum set of qualifications to provide advice on pensions, investments, and protection helping you reach your financial goals. Martyn and Mel discuss what you should look out for and what to avoid when hiring a financial adviser.
And finally, we've got Royal Wedding fever in the money saving tip of the week. As Prince William looks to tie the knot with Kate Middleton, we look at how you can save cash when you're planning a wedding.
Links mentioned in the podcast:
- Our guide to finding a financial adviser
- Ideas on how to save on weddings