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. [...]
Retirement Income – How Much Do We Need? – Hot Topics Q & A
August 6, 2009 By
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 [...]
Trust – A Small Very Big Word – Graeme Urwin
May 15, 2009 By
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 [...]
Bank of England Base Rate Reduction – What About The Savers?
December 11, 2008 By
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 [...]
