Impartial Financial Planners | IFA | Fee Based | Dentists | Doctors
Providing fee based impartial financial planning services, serving dentists & medics throughout the UK
Offset mortgages can be very tax efficient. However, if interest rates rise offset mortgages will lose some of their appeal. Borrowers should therefore take advantage of low rates of interest while they can. There is little doubt that an offset mortgage can be a very effective way of repaying a house purchase loan for a [...]
Q. I have heard somewhere about the rules changing with regard to the level of protection savers get in their deposit accounts. Is this true? A. Yes, it appears that the rules are set to change in January 2011 to bring the UK in line with European Legislation. Although not fully ratified, the Financial Services Compensation [...]
Q. At her request, I was looking at my mother’s financial affairs recently, as she was disappointed with the payout she received from a big insurance company on a long established policy. She took it out for her grandaughter Milly, my daughter, in 1992 when she was 1 year old, and was meant to help her with university costs. [...]
Q. If we were to aim for a pension of approx £15000 per year, what total pension pot + savings would we need to aim for in our pension planning at age 60? A. Thats a tough one, as it will depend upon various factors. Two of the main options to consider are annuity rates on pension [...]
It seems that not a day goes by without hearing of another complaint in the press about appalling financial advice from the Banks. You know the type of article. A couple in their 70s went to the Bank they have used for 40 years to invest their lifes savings. They asked for advice on a [...]
There has been a lot of talk about the big winners when interest rates fall -i.e. borrowers. But what about people who rely on a reasonable amount of interest on their deposit accounts – the savers? Falling interest rates are a nightmare for savers, and with the Bank of England (BOE) dropping rates further, what [...]
